The Daily Hodl
  • FEATURES
    • News
    • Bitcoin
    • Ethereum
    • Ripple and XRP
    • Altcoins
    • Trading
    • NFTs
    • Blockchain
    • Futuremash
    • Regulators
    • Scams
    • Crypto 101
  • HODLX
    • Latest Stories
    • FAQ
    • Submit Guest Post
  • INDUSTRY ANNOUNCEMENTS
    • Latest
    • Press Releases
    • ChainWire
    • Sponsored Posts
    • Submit Your Content
  • CRYPTO MARKETS
    • Bitcoin (BTC)
    • Ethereum (ETH)
    • Binance Coin (BNB)
  • BEGINNERS
    • What Is Bitcoin?
    • What Is Blockchain?
    • What Does Hodl Mean?
    • How to Pay Your Bills with Bitcoin
    • Best Bitcoin FAQs
    • Example of Bitcoin’s Purpose
    • Cryptocurrency Has Multiple Meanings
    • Authenticator Alert – Securing Your Crypto
  • SUBMIT
    • Guest Post
    • Press Release
    • Sponsored Post
    • Advertise
  • EMAIL ALERTS
  • DAILY HODL MIX
No Result
View All Result
  • FEATURES
    • News
    • Bitcoin
    • Ethereum
    • Ripple and XRP
    • Altcoins
    • Trading
    • NFTs
    • Blockchain
    • Futuremash
    • Regulators
    • Scams
    • Crypto 101
  • HODLX
    • Latest Stories
    • FAQ
    • Submit Guest Post
  • INDUSTRY ANNOUNCEMENTS
    • Latest
    • Press Releases
    • ChainWire
    • Sponsored Posts
    • Submit Your Content
  • CRYPTO MARKETS
    • Bitcoin (BTC)
    • Ethereum (ETH)
    • Binance Coin (BNB)
  • BEGINNERS
    • What Is Bitcoin?
    • What Is Blockchain?
    • What Does Hodl Mean?
    • How to Pay Your Bills with Bitcoin
    • Best Bitcoin FAQs
    • Example of Bitcoin’s Purpose
    • Cryptocurrency Has Multiple Meanings
    • Authenticator Alert – Securing Your Crypto
  • SUBMIT
    • Guest Post
    • Press Release
    • Sponsored Post
    • Advertise
  • EMAIL ALERTS
  • DAILY HODL MIX
No Result
View All Result
The Daily Hodl
No Result
View All Result

IOTA Reveals Extensive Trinity Update – New Features, Improvements and Desktop Support

by Daily Hodl Staff
July 7, 2018
in Altcoins

IOTA has released a major update on its progress with the new Trinity mobile wallet.

Trinity Mobile currently has more than 20,000 users testing the platform’s beta release. At this point, the dev team says it’s encountering fewer bugs and is starting to turn its attention to a number of new features.

Here’s a look at what will be available in the next release:

Snapshot transition?—?Snapshot transition will now attach addresses one by one, allowing the user to start again where they left off in case of failure. A progress bar with the number of remaining to-be-attached addresses will also be displayed. It is recommended that users perform a Snapshot Transition once per account following a snapshot.

Storing transaction trytes locally?—?Trinity will now store signed inputs for transactions, so that in the event of network interruption a transaction can simply be rebroadcasted, rather than repeating the whole process. While convenient, this also has important security benefits, by mitigating the risk of a rogue node owner making you resign inputs and revealing more of your private key.

Receive page?—?The (ugly) Receive page has been shown some love with a complete UI/UX overhaul. The functionality remains largely unchanged, but the page is now much more intuitive. We have also added transaction amount to the QR code (one of the more commonly-requested features).

Performance?—?Proof of Work can be quite resource heavy and affect performance, particularly on Android. By leveraging asynchronicity and moving more code native, Proof of Work will no longer cause any performance issues. The same approach has also been applied to address generation, allowing us to maintain an up-to-date unused receive address without any user action.

Developers are also working on a number of security enhancements to keep the mobile wallet secure, including password-protected files and QR codes:

SeedVault?—?A password-protected KeePass file (.kdbx) containing your seed(s). By offering an inhouse solution for encrypted seed back up, we hope that community seed storage practices will improve significantly. Your seed is the master key to your funds; storing it anywhere unencrypted introduces unnecessary risk. SeedVault should become the standardised way to back up seeds digitally. It has already been implemented in Trinity Desktop.

Password-protected QR Code?—?Storing a paper wallet is a good way to back up a seed. However as more people become familiar with IOTA, plain text paper wallets become a target for thieves. With a QR-encoded seed, encrypted behind a secure password, a paper wallet becomes useless to a thief.

Password strength requirements?—?Currently the only restriction on password selection is to exceed 11 characters. Trinity Desktop has already implemented stricter password requirements following Dropbox’s zxcvbn. A sufficiently strong password is essential in ensuring the safety of your seed.

IOTA’s Trinity Desktop app is also moving along in its development. It’s currently in the alpha phase, with about 500 community members putting it through the ringer to find UI issues and bugs.

Trinity Desktop is expected to transition into a beta phase in the near future.

As for Trinity Mobile, developers say they are gearing up for the full release, but so far no date has been set.

You can check out the complete summer update here.

Check Latest News Headlines


 
Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any loses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.
Submit a Press Release

Industry Announcements

  • Peer Acquires Elite Team of Engineers Behind Zenly’s Popular 3D Maps
    February 1, 2023
  • Sign Up Today for the TRON Grand Hackathon aka HackaTRON Season Four
    February 1, 2023
  • MegaWorld Land Gameplay on BNB Chain Starts February 15, 2023
    February 1, 2023
  • Web 3.0 Hackathon on Astar Sponsored by Toyota Motor Corporation
    February 1, 2023
  • Match-Trader White Label by B2Broker Gives Brokers a Comprehensive Online Trading Platform With B2Core Integration
    February 1, 2023
  • Addressable Raises $7.5 Million To Enable Web 3.0 Companies To Acquire Users at Scale
    January 31, 2023
  • SIMBA Chain Awarded $30 Million US Air Force STRATFI
    January 31, 2023
Submit a Guest Post
ADVERTISEMENT
Bitcoin
$23,824.38
$23,824.38
3.61%
Ethereum
$1,671.87
$1,671.87
6.12%
Cardano
$0.405123
$0.405123
5.91%
XRP
$0.415394
$0.415394
2.95%
Dogecoin
$0.094225
$0.094225
2.28%

Spotlight

  • White House Asks for Public Comments on Crypto Assets, Blockchain Technology and Decentralized Finance
    January 28, 2023
  • Veteran Trader Tone Vays Issues Bitcoin Alert, Says BTC To Hit ‘Triple-Headed’ Resistance Monster
    January 31, 2023
  • New Court Documents Show Apple, Netflix, Binance and Coinbase Among Creditors Owed Money by FTX
    January 26, 2023
  • Top Analyst Says One Ethereum-Based Altcoin Is Ready To Break Out, Updates Outlook on Three Additional Altcoins
    January 30, 2023
DON'T MISS A BEAT
Crypto headlines delivered daily
to your inbox
BTC, ETH, XRP news alert options
By joining The Daily Hodl news list you agree to our
Terms and Conditions and Privacy Policy.
Featured Image: Shutterstock/Billion Photos

Cryptocurrency news and analysis, covering Bitcoin, Ethereum, Ripple, XRP, altcoins and blockchain technology

Categories

Bitcoin • Ethereum • Trading •
Ripple and XRP • Altcoins •
Blockchain • Regulators •
Scams • Crypto101 • HodlX •
Futuremash •
Industry Announcements

ABOUT US | EDITORIAL POLICY | PRIVACY POLICY
TERMS AND CONDITIONS | CONTACT | ADVERTISE

JOIN US ON TELEGRAM

JOIN US ON TWITTER

JOIN US ON FACEBOOK

COPYRIGHT © 2017-2023 THE DAILY HODL

No Result
View All Result
  • FEATURES
    • News
    • Bitcoin
    • Ethereum
    • Ripple and XRP
    • Altcoins
    • Trading
    • NFTs
    • Blockchain
    • Futuremash
    • Regulators
    • Scams
    • Crypto 101
  • HODLX
    • Latest Stories
    • FAQ
    • Submit Guest Post
  • INDUSTRY ANNOUNCEMENTS
    • Latest
    • Press Releases
    • ChainWire
    • Sponsored Posts
    • Submit Your Content
  • CRYPTO MARKETS
    • Bitcoin (BTC)
    • Ethereum (ETH)
    • Binance Coin (BNB)
  • BEGINNERS
    • What Is Bitcoin?
    • What Is Blockchain?
    • What Does Hodl Mean?
    • How to Pay Your Bills with Bitcoin
    • Best Bitcoin FAQs
    • Example of Bitcoin’s Purpose
    • Cryptocurrency Has Multiple Meanings
    • Authenticator Alert – Securing Your Crypto
  • SUBMIT
    • Guest Post
    • Press Release
    • Sponsored Post
    • Advertise
  • EMAIL ALERTS
  • DAILY HODL MIX

© 2023 The Daily Hodl