Base on white paper cold wallet is a offline wallet for storage a digital assets on platform that are not connected in the internet, how can you say this is a 100% safe? And the wallet where you can storage over 1600 types of currencies in 1 wallet. I cant imagine with the new technology in this millenial was so very techie.
As I can see with it mate this one is more like in Electrum wallet. Because Electrum is one of the cold wallet that can be consider or an offline
wallet, meaning there is an instances that can be hack like what happened to others electrum users. But I am hoping this one is not the same
with the electrum scheme.
I do not yet encounter electrum waller since I am just using android phone. Having electrum wallet is my dream but when I saw your criticism, I think it is hard to trust in a cold wallet such as eletrum. However, I can modify this if I will testify that CryptoRiya is trustworthy even our wallet to this project is a cold wallet.
I want to use cold wallet because I think it is more secure when our coins are far away from internet. Safe and secure, I am hoping that CryptoRiya will make that for us!
We can't say or predict what will happen to our wallet, we do not know when the hackers attack, we need more secure our wallet when we open don't just trust the unfamiliar sites, cryptoriya will give us a chance to have a cash anywhere without bank, i want to try it as soon as possible if it is available in our country.
nothing is predictable but it is certainly worth trying Cryptoriya as this give a good hope for cryptocurreny if it become successful. Cryptocurrency is definitely known by now around the world but people are still having a hard time cashing out their cryptos, so having cryptoriya will be a dream come true.
I do agreed that everything in crypto currency was too unpredictable in the reality things happens. But I just wanna know where
does cryptoriya will implement there planned to cash out the real money using their token? I mean what country they will going
to start up?
Hi there Voltesbit! Quite an interesting question really.
As there was no mention anywhere in CryptoRiya's Whitepaper regarding the countries it would operate on or where services be made available.
So sense and reason led me to believe that CryptoRiya's services will be available where countries consider Bitcoin to be legally allowed. Right now, cryptocurrency is still pretty much undefined for most countries and how it is being treated varies substantially from government to government.
Yet, we can expect CryptoRiya to exist in countries where bitcoin is accepted legally (as other cryptocurrency is treated the same, usually), here's a link that might shed light on your question:
https://en.wikipedia.org/wiki/Legality_of_bitcoin_by_country_or_territory