Open-source bitcoin project Coinpunk has launched an Indiegogo campaign in an effort to raise funding for a new wallet solution that could be used on iOS devices without a jailbreak.
The web application allows users to create self-hosted bitcoin wallets and access them through the browser, rendering Apple’s walled garden approach pointless. The idea of self-hosted wallets is interesting, as many users are still suspicious of online wallets, so they tend to believe their bitcoins are safer in their own hands.
Coinpunk is based on HTML5, and it is accessible from Safari, Apple’s stock iOS browser. Better yet, since it is a web-based HTML5 application, it can be used on almost any platform out there – Windows, Android, Mac OS X, etc.
100% open source
The developers say they are planning to make standalone/browser store versions, integrate support for cold wallets, introduce more merchant tools and add more options for buying bitcoin. Support for altcoins is coming too, but the team admits their primary focus is on bitcoin. Their goal is outlined on Indiegogo:
However, to make it all happen the Coinpunk team needs a fair bit of cash. The funding goal is $55,000, which sounds rather ambitious. The money will be used to pay server and development bills, improve the website, conduct security audits and – of course – pay for living expenses. Even developers have to eat and sleep every once in a while.
There are still 60 days to go, and the team is accepting contributions in bitcoin, litecoin and dogecoin. At the time of writing, Coinpunk's campaign had already raised $741.00.
Last year, the Coinbase iOS app, which enabled users to buy, sell and send bitcoin, was removed from the App Store less than a month after its launch. However, other bitcoin apps, including ZeroBlock and Blockchain.info, are still available on iOS.
Leather Jacket Image via Shutterstock
The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. As part of their compensation, certain CoinDesk employees, including editorial employees, may receive exposure to DCG equity in the form of stock appreciation rights, which vest over a multi-year period. CoinDesk journalists are not allowed to purchase stock outright in DCG.
Learn more about Consensus 2023, CoinDesk’s longest-running and most influential event that brings together all sides of crypto, blockchain and Web3. Head to consensus.coindesk.com to register and buy your pass now.