Staff Picks Apps for bitcoin wallet, mining and exchange

Bitcoin is a virtual electronic payment system and more precisely a "crypto-payment" whose implementation is based on cryptography and a decentralized organization based on a peer to peer model (P2P). That's the official definition as can be read more or less on Wikipedia for example. For some people, Bitcoin is a currency invented by "geeks" as a subversive mean of payment created to challenge the dominant banking system. For others, to trust an anonymous computer protocol is ridiculous and destroys the human and social aspects of the currency. Naturally most bankers consider themselves that this potential competition is dangerous, calling it a new scam put together by some manipulators working in the shadows, and likely to encourage fraud and trafficking of all kinds.

Anyways, the speculative nature of the currency and massive luck of certain people, like this Norwegian, who had invested 24 dollars in 2009 and recovered 600,000 this year, attract more and more curious. So if you're feeling adventurous, we have gathered here some apps

Getting started with Bitcoin has never been easier

BIPS (Bitcoin Internet Payment System) makes it much easier for people to get started with buying, selling, and trading through the use of Bitcoin. The great thing about BIPS is that it is optimised for both in-store transactions and e-commerce exchanges. Thus it offers the complete package. This is further signified by the fact that the app is born out of feedback and surveys conducted by the members of the general public. Therefore, BIPS has been generated with you in mind.

Peace of mind provided through the protection of coins

Electrum is a fantastic app because it protects you should you have the misfortune of losing coins because of a problem with your PC or alike. A secret seed allows you to recover your encrypted Bitcoin wallet. You will fail to find another Bitcoin app that provides as high levels of security as Electrum does.

Open Bitcoin wallet with personalized interface

The great thing about Bitcoin Armory is the fact that it is as just as beneficial for those who are new to Bitcoin as it is for those who have been using it for years and years. This is because you can select between the following modes; “Standard”, “Advanced”, and “Developer”. Thus, the interface can be altered to suit your competence with the decentralised digital currency. It is also worth noting that optimum levels of security are provided to ensure all transactions can be done with ultimate peace of mind.

International Bitcoin wallet supporting over 25 languages

MultiBit is another Bitcoin wallet worth considering using. The international suitability of this wallet makes it particularly popular. It supports over 25 languages at present, and this is a figure that is only likely to grow. Flexibility is not only represented by the language options, but it is also evident within the opportunity to have several wallets. This is no different for you as it would be with your Sterling bank account, after all, you can have a current account wallet, a savings account wallet, an expenses wallet, and so on and so forth.