Hope their universal wallet will be able to store new promising coins, I have seen too many wallets that have the same currencies so you really don't need a product that doesn't offer anything new ( wallet for the ripples, moneros, ethereums...) but not the new ones that usually are the most promising ones ( like the future hard fork of zclassic:
bitcoin private https://btcprivate.org/?lang=en ). At the moment my favorite wallet is MyEtherWallet with many tokens in it, but I would love a really universal wallet. But with so many new coins daily I wonder how a universal wallet can be updated as fast as the coins appear.
The great advantage of the Ethos Universal Wallet will be trust: private keys will never be held on Ethos side, so ledger nano will become redundant/obsolete.
Hello this is from the ethos WP : When you build your personalized coin basket, you will be given an estimated cost and amount of underlying assets securing your investment. All investments are secured 1:1 by underlying assets.
Does this mean you cant really own your 'real' coins in your wallet and you will get a representative of that asset like with bitshares? And how will currencies be tradable against each other? Will this be done on the ethos blockchain ?
I honestly don't know the answer for your question as I'm not part of the team. However, please join
https://t.me/ethos_io and @EthosStephen Stephen Corliss which is Ethos Chief Global Strategist will answer.