Quote from: DireWolfM14 on Today at 01:22:06 AM

Bip39 wallets are not closed source. This is inaccurate. "BIP" stand for Bitcoin Improvement Project" and all BIPs are very much open source.

The simple explanation of A "Bip39 wallet" is that it's wallet backed up by a seed phrase that was generated from a specific (open source) word list. Many wallet clients will allow you to import a Bip39 wallet. Many of those wallet clients are also open source.

I know what BIP is all about, and I know everything about bitcoin is built on open source codes, but people are the ones that are making wallet to be close source. Because you can export BIP39 supported seed phrase does not mean the wallet it is generated from is not close source. There are two types of wallet in term of source codes (close and open source wallets) both can support BIP39 seed phrase so far they are noncustodial. With what I have noticed, only few of the wallets are open source, most are close source.

Quote from: DireWolfM14 on Today at 01:22:06 AM

Bip39 wallets are not closed source. This is inaccurate. "BIP" stand for Bitcoin Improvement Project" and all BIPs are very much open source.

Coinomi, Exodus, Enjin, Jaxx, Trust Wallet and many more are BIP39 supported wallets and they are close source. I have noticed most Bitcoin wallets that also support Altcoins are completely close source wallets while they support BIP39.