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Showing posts from December, 2024

The Exodus Wallet: User-Friendly and Secure, but Lacks Two-Factor Authentication

What is Exodus? Exodus is a multi-cryptocurrency wallet designed with a focus on simplicity and user-friendliness. Officially launched on July 29, 2016, it has quickly gained popularity as a reliable option for storing and managing crypto assets. Unlike many other wallets, Exodus is internet-connected but allows users to retain full control of their funds and private keys, which are stored locally on their devices. The wallet’s intuitive interface and visually appealing design aim to make cryptocurrency management accessible, even for beginners. Exodus eliminates the need to download entire blockchains, as it is not a full-node wallet. It supports a wide range of cryptocurrencies, including Bitcoin, Bitcoin Cash, Dash, Ethereum, Litecoin, and many more. Background and Development Exodus was co-founded in 2015 by JP Richardson and Daniel Castagnoli, two blockchain enthusiasts with extensive experience in their respective fields. Richardson has contributed over 200 open-source libraries...