IOTA Wallets
Overview of the current and future wallets you can use to store, send and receive your IOTA Tokens.
Firefly
Firefly is the successor of Trinity. It is designed for IOTA 1.5 (Chrysalis). Its core functions will later be extended by functions like tokenized assets, chat and contact management. The initial features build on Trinity’s existing feature set. However, there are some key differences:
- Introduction of profiles and accounts. Profiles mean multiple people can use the app on the same device without access to each other’s wallets. Accounts mean that a user can separate their funds into different accounts, for example, a main account and a spending account.
- Firefly also enjoys the many benefits of Chrysalis, including reusable addresses, 24-word recovery phrases and improved network performance.
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Firefly Beta Release – IF
Trinity
Trinity is the latest version of the IOTA Wallet. Trinity holds two principles at its core: user-friendliness and security. While in terms of user-friendliness it is one of the best crypto wallets out there, the Integration of Moonpay, allowing you to buy IOTA Tokens directly through Trinity, unfortunately led to the Moonpay Hack. You can find a detailled report about the incident here. The implementation of Moonpay was then removed from Trinity so the security of the wallet was restored.
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Spark Burner Wallet
Spark is a low-security, temporary web wallet, or “burner wallet”. The idea is that you use the wallet for small amounts of funds, for a short period of time, and then you “burn” it, wiping the seed and transaction history.
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IOTA Light Wallet
The IOTA Light Wallet was the first official wallet for IOTA. Since it is no longer maintained it is strongly recommended to use Trinity (in future: Firefly) instead.
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Last Updated on 14. April 2021