Some bitcoin users would like nothing more than to use a wallet that allows them to remain somewhat anonymous. Unfortunately, the vast majority of mobile wallets do not provide such a functionality at this time. Lucky for those users, there are a few bitcoin wallet projects which focus primarily on anonymity, even though that makes most of them a lot harder to use.
We briefly touched upon the Multibit wallet in a previous article, as it is a recommended tool for novice bitcoin users. With its decentralized nature and no fixed servers, users can enjoy a degree of anonymity when using this wallet service. Users can also keep private contacts and payments databases. More importantly, Multibit ensures all data is encrypted on the local machine, while also supporting hardware wallets. Plus, it is an open source solution, which allows users to add additional features as they see fit.
The Jaxx wallet has made quite a name for itself throughout 2016. Not only does the wallet support bitcoin, but it is also compatible with a wide range of popular altcoins. Jaxx never holds onto user funds, and their entire security model is client-side. Even if the wallet would ever cease to exist altogether, users can still export their private key with relative ease.
Anonymity is achieved by not asking users for any personal information while signing up for the Jaxx wallet. The company doesn’t even require an email address, which is a nice touch. It is also a very convenient wallet, as users can switch between cryptocurrency balances from the same screen and pair the wallet across devices. All things considered, Jaxx seems to be checking a lot of the right boxes.
One of the more recently released bitcoin wallet solutions goes by the name of Bitlox. It is evident from the get-go this tool is designed to take anonymity to a new level. In fact, some of its features may seem a bit paranoid to users, albeit they can prove to be useful in certain situations. Among its features are tools such as support for 20-character PIN codes and using an emergency PIN to wipe all user data off the device.
As one would have guessed by now, Bitlox is a hardware bitcoin wallet. This means it can be used offline and only requires a connection to a computer to send transactions to the network. Users can generate dozens of wallet addresses for bitcoin transactions, which solves the address reuse problem. As a result, this feature also provides more anonymity. Bitlox is a hardware solution well worth checking out, although it may be a bit too “difficult” for novice users.
1. Samourai Wallet
Samourai Wallet is a rather unique bitcoin wallet projects, as it is designed to keep transactions private and one’s identity masked. Albeit the project is still in the alpha stage right now, their transactional privacy features all seem to be working just fine. Users are even given “micro control” over privacy and miner fees when sending a new transaction.