Exodus is a multi-currency wallet and can hold various types of coins and assets. The setup process is very simple. Like Jaxx, you create a 12 word ‘master seed’ which you can write down and use to restore your wallet if you’re no longer able to access the original. (Incidentally, if you’ve previously created a master seed using Jaxx, Exodus can restore these too). Once setup is complete, Exodus will also prompt you to choose a password to protect your wallet.
Your digital assets are shown in a user-friendly pie chart. Unlike the other wallets we’ve discussed here, you can also choose different ‘skins’ to make your client easier on the eye. Use the localization settings to change the default currency (USD) to your home currency if necessary.
Ripple is one of the top five cryptocurrencies in terms of capitalization and although it was designed to facilitate transactions between banks, many individuals also use it for speculation and to make payments. Unlike more popular currencies like Bitcoin, the official desktop client is no longer maintained by the original creators. Fortunately the community has continued to maintain it in the form of Rippex.
Aside from being seemingly the only desktop client available for Ripple, Rippex is very easy to set up. On first-run it generates a ‘secret key’ which you can write down to restore your wallet in case anything happens to it. The client also requires you to encrypt your wallet file with a password, making your money harder to steal.
Download : https://rippex.net/carteira-ripple.php#/
Jaxx was first developed in 2014 and serves not only as a Bitcoin wallet but an app which can store multiple cryptocurrencies such as Litecoin, Dash, Ethereum and Bitcoin Cash. Ripple is not currently supported but the Jaxx team have hinted they may support this feature in the future. (For a full list of supported currencies see here).
When first run, Jaxx displays a 12 word ‘master seed’ similar to Electrum which you can write down and use to restore your wallets if you lose access to the original program.
Download : https://jaxx.io/
Electrum has been around since 2011 and works with Windows, Mac and Linux. It’s one of the most popular ‘thin’ wallet clients, in that instead of downloading the entire Bitcoin blockchain, it connects securely to other servers to verify your BTC balance and process payments. This means you can set it up in minutes and it takes up very little space on your hard drive.
Electrum uses a ‘hierarchical deterministic wallet’, in that when you first launch the program it generates a random ‘seed’ of 12 dictionary words, from which it derives the keys necessary to spend and receive BTC. Electrum displays the seed as you create your wallet and requires you to write it down. This means that if you lose access to this version of Electrum, you can easily reinstall it on another machine and use the seed to restore your BTC.
Bitcoin Core is the original BTC client and is available for Windows, Mac and Linux. Core is a ‘full node’ Bitcoin client, meaning that on first-run it will download the current version of the blockchain (currently around 160GB) by connecting to other nodes. It will then continue to download and process data about Bitcoin transactions.
One advantage of this is that it’s much more difficult to link a specific BTC payment address to your identity as Core downloads data about all Bitcoin transactions everywhere. This also protects you against certain types of fraud such as someone trying to spend the same BTC twice, or fooling you into believing you’ve received funds you haven’t actually got.