KryptoKit Launches RushWallet: An Instant, Cross-Platform Bitcoin Wallet

rushwallet07 Aug 2014 / Tech Crunch – In an effort to help widen bitcoin’s reach and create a simpler experience when dealing with the online currency, KryptoKit, makers of the bitcoin wallet browser extension, launched RushWallet, a new easy-to-use bitcoin wallet that works on all web browsers and mobile devices and unlike other wallets, it doesn’t require any login credentials.

RushWallet is a mobile-enabled website that lets users send and receive bitcoin payments instantly. You create your wallet by using a “color in” feature when you first enter the site. By dragging the mouse around in a specified area, the user generates a unique secret URL that becomes their RushWallet. There is an option to add a password to add more security.

Because there are no login credentials, users have to bookmark their wallet to save it. If you lose your URL, you can never access the wallet again, however much the amount you have stored.

Once you have your RushWallet, you are presented with your bitcoin address and the bitcoin price. You can view your balance, receive or send bitcoins (you can toggle between BTC and USD) and view a transaction history. The transfers are instant and make a beep sound when you receive bitcoin.

To purchase items with your bitcoin, simply add the bitcoin address for the store you’re purchasing from and add the amount.

Anthony Di Iorio, co-founder of RushWallet, says KryptoKit doesn’t store any information or bitcoins as it is all stored on the local machine on the client-side. The company made the source code publicly available so that users can verify the security of the system. This system can prevent hacking, like the crisis that happened to the now defunct Instawallet….. Read more


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