IOTA’s Long-Awaited Trinity Desktop Wallet Beta Finally Here, MIOTA Jumps 4%

Anjali Tyagi
August 25, 2018 Updated April 4, 2022
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IOTA

IOTA has finally released its desktop beta version that has the IOTA community excited. Meanwhile, MIOTA price takes a jump of almost 4 percent and reach $0.5289.

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IOTA trinity desktop beta released

It’s been 5 months since IOTA had a successful and exciting release of the beta version of its Trinity mobile wallet. Now, IOTA Foundation has come forward with the Trinity Desktop beta wallet for people to download and try it out.

According to the official announcement, the mobile UX has been optimized for desktop. The company has maintained the familiar flow while making some new additions. In order to ensure the security of the app, it has gone through an audit yet again. From now on, Trinity wallet’s beta version is available for both mobile and desktop.

 

 

The website details the features specific to Trinity Desktop including Support for the Ledger Nano S hardware wallet, support for the Trezor hardware wallet, two-factor authentication support for the YubiKey device, and Support for a Windows widget and Mac menu bar app that the team is or will be working on.

In the future, they are also planning to add NAM address book for a more permanent contact address, aiming to overcome the limitations of address reuse. This would also enable donation addresses. Furthermore, NAM messaging would also be enabled to support for messaging using private MAM streams, building on the address book feature.

They further stated:

“We are also open sourcing all code for the mobile and desktop wallets today — the code can be found on our Github repo. Please dive in and explore. Over the next few weeks, we will be looking to work with our developer community to improve the wallet further.”

also, read: IOTA Confirming 95% Transactions in more than a Minute, Does Infinite Scalability Holds a Chance?

IOTA community feeling the excitement

The IOTA community is extremely excited and has some good review to share about this wallet:

Redditor, Rediyar shared,

“Awesome UX and UI. Easy to use! I like what I see there.”

Another one shared,

“Looks/Works really nice, I am right now playing with a Testseed and seems to work pretty smooth. Well done.”

One Redditor illustrated,

“Just tried it out, it’s amazing. I didn’t realise Trinity has come so far & it’s just the right amount of security-focused, in my opinion, to not piss off casual users but still keep them relatively secure from dumb mistakes.”

Another IOTA enthusiast shares:

“The UI is genuinely awesome and being able to send transactions based on just the $ value is great. Though since you contact the IOTA servers for price information and stuff, I guess that warrants the personal information agreement – though I guess some people might be thrown by that with a cryptocurrency (shockingly abiding by GDPR). Edit: If you were keeping your IOTA on exchanges, now is the time to move them.”

Not everyone is positive with its different aspects, as The_charlatan_  comments:

“That ‘Security Audit’ is a pure smokescreen. As mentioned in the audit report, nothing really important was inspected by the auditing company, due to lack of time. Why post about the audit at all, when nothing important was inspected (except for the purpose of being a gimmick or making the user feel more secure than he may actually be).”

IOTA community members are feeling positive and bullish as Me2you00 points out, “Iota is on fire in this bear market, just delivering!”

However, if we take a look at the market, cryptocurrencies are feeling the greens as a majority of them are registering the gains. At the time of writing, the world’s 11th largest cryptocurrency is sitting at $0.528 while enjoying the 24-hour gains of 3.93 percent.

IOTA
Source: Coinmarketcap.com

With a market cap of $1.4 billion, IOTA is managing the 24-hours trading volume of $31.6 million. With the beta wallet for the desktop being launched and the market currently feeling the greens, we just might see it extending the gains.  

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Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
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Why Trust CoinGape

CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights Read more…to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.

About Author
About Author
Having a background in writing, I worked on a wide array of industry topics and have recently entered the world of Blockchain and Cryptocurrency.
Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
Ad Disclosure: This site may feature sponsored content and affiliate links. All advertisements are clearly labeled, and ad partners have no influence over our editorial content.