Just recently at the Texas Bitcoin Conference, the CTO and co-founder of the company Stash, Chris Odom, revealed the beta release of the Stash Wallet. The Stash Wallet was originally issued to Stash Node Pro owners, but the privacy-centric wallet which supports Bitcoin and Bitcoin Cash is now available to the general public.
Stash Wallet Released to the General Public
The developers of the Stash Node Pro a privacy-enhanced full bitcoin node, have recently released the firm’s beta wallet software on Google Play. Chris Odom announced the beta launch at the Texas Bitcoin Conference this past October, and the team recently appeared on the Crypto Show Broadcast last week explaining the wallet’s features.
Stash Wallet is a non-custodial Simplified Payment Verification (SPV) client that gives users total control over their private keys. The platform also offers a broader range of privacy-centric services which include Hierarchical Deterministic (HD) address architecture, end-to-end encrypted messaging, Stash Node Pro pairing over Tor, complex input script transactions, and reusable payment address support.
“Stash Wallet is a free and easy-to-use, standalone mobile app and bitcoin wallet. It ‘pairs’ with your Stash Node Pro, giving you full roaming access to your personal copy of the blockchain,” explains the company.
Utilizing Reusable Payment Codes and Open Transactions
Last weekend on the Crypto Show, the developers of the Android Stash Wallet, Hiro White and Jon Vaage, explain how the new wallet software offers greater financial autonomy. The developers detail how Open Transactions work on the new client, explain Diffie-Hellman transaction privacy, while also using the mobile app’s encrypted messaging during the broadcast.
Both the reusable payment codes (BIP47) and Open Transactions protocols alone add a stronger level of privacy to the user experience. Reusable payment codes combine HD wallet architecture with a Diffie-Hellman key exchange. Open Transactions is a network of servers offering a software library sometimes called a “PGP for money.”
“Open-Transactions democratizes financial and monetary actions,” explains the Github repository.
You can use it for issuing currencies/stock, paying dividends, creating asset accounts, sending/receiving digital cash, writing/depositing cheques, cashier’s cheques, creating basket currencies, trading on markets, scripting custom agreements, recurring payments, escrow, etc.
Other SPV Clients Offering BIP47 Support
Stash Wallet joins the rest of the SPV clients that aim to bring better privacy to the bitcoin wallet universe such as Samourai wallet, and the upcoming iOS client the ‘Billion’ wallet. Stash Wallet, Samourai, and Billion are the only SPV wallets on the market that utilize reusable payment codes. At the Texas Bitcoin Conference Stash’s co-founder, Odem also explains the new beta Stash Wallet supports bitcoin and bitcoin cash, alongside the testnets for both digital assets as well. Odem tells the crowd at the Texas event more cryptocurrencies will be implemented into the wallet in the near future.
What do you think about the new Stash Wallet beta? Let us know what you think in the comments below.
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Images via Shutterstock, and Stash.