Post
Topic
Board Service Discussion
Re: How wallets make money? It is worse than you think.
by
GreatArkansas
on 07/10/2020, 22:50:20 UTC
(.....)
Wallets are a sensitive software. You are trusting the developer that he made his job, otherwise you will lose your funds just like this  guy.
(....)
Some software are open-sourced which is a software's source codes are published and everyone can contribute or modify by their own or add some features within software.
So, some of the famous Bitcoin or cryptocurrency wallets are open-sourced and this is also one of wallets I want to use and I advising for some people to use since for sure, since the code is public and if the developer may tried to put some feature or part that will the user's fund on wallet may be in danger, some people may find it.
But does not mean all open-sourced software or wallet are totally safe.

(.....)
A project that pays to get listed in exchanges and supported by wallets is worth my money?
Now I am very curious about which coins are paying to be supported to the most used wallets.
I believe that a good project would never pay to get listed in an exchange, or pay to get supported in a wallet. The exchanges/wallet should reach the project, not the other way around.
(....)
This is my first time to hear that some wallets are also collecting a money for some cryptocurrency founders/owners to get listed their coin in such cryptocurrency wallet. I only thought it is happening only in some exchanges.
It's kinda fishy, I also don't think Coinomi is doing this kind of way to get some cryptocurrency will be listed on their wallet.
I also already tried to use Coinomi before when I am starting to learn cryptocurrencies.