Proton’s modern Bitcoin wallet permits clients to send and get Bitcoin over email. Crypto aficionados are thrilled with this function. In any case, Proton clients do not share this sentiment.
Proton’s Self-Custodial Bitcoin Wallet
Proton, a Switzerland-based privacy services company, has launched Proton Wallet, a self-custodial Bitcoin wallet. The open-source wallet presently permits clients to store Bitcoin. Additional assets may be added in the future, depending on the community.
Source: https://proton.me/
Proton Mail, Proton Calendar, Proton Drive, and Proton Pass are now part of Proton’s product range; Proton Wallet is the newest product. All of these products resemble Google’s existing offerings, but they also prioritize privacy and end-to-end encryption.
Access is currently only available to members of the Visionary and Lifetime tiers, which cost €39.99 per month or €359.88 for a full year (€29.99 per month). Since lifetime accounts are so uncommon, the best method to get one is through a raffle. Alternatively, if you’re ready to pay $14,500, you may purchase one on the secondary market.
Sending and receiving bitcoins with Proton Wallet is as easy as emailing; while manually confirming the recipient’s bitcoin address is easy. Since there is no customer support for blockchain transactions and the transactions are irreversible, copying and pasting the wrong destination address can be costly.
Source: https://proton.me/blog/proton-wallet-launch
Crypto fanatic Tyler Durden is urging his friends to switch to the Proton ecosystem because he finds it impressive.
In the subreddit discussion, many users expressed their dissatisfaction. They urged the Proton team to improve existing products before releasing new ones that the community did not demand.
“While I think this is awesome, I also agree that we should focus more on the products that are already available. It’s great that new things are coming out quickly, but it seems like the existing products are sluggish, which is a poor user experience,” one Redditor commented.
“I was truly trusting this was a few sort of genuine advanced wallet to match Apple or Google,” another individual commented.
There are frequent complaints about the ineffectiveness of searching email and calendar on a mobile device. Until these issues are resolved, many users claim they will not be able to fully embrace the Proton environment.
The launch’s reception is still unclear considering the conflicting reactions, but the function that lets users send and receive Bitcoin via email is definitely interesting.
