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Home » Bitkit a selfcustodial Bitcoin wallet is now available for download on app stores
Bitkit a selfcustodial Bitcoin wallet is now available for download on app stores
Bitkit a selfcustodial Bitcoin wallet is now available for download on app stores
Bitcoin

Bitkit a selfcustodial Bitcoin wallet is now available for download on app stores

06/13/20242 Mins Read
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Synonym has officially launched Bitkit, its Bitcoin wallet that allows users to have full control over their transactions on iOS and Android app stores.

The transition from beta testing to public availability marks a significant milestone for Bitkit, enabling users to manage their Bitcoin (BTC) transactions without the need for intermediaries.

In a statement to Cointelegraph, John Carvalho, CEO of Synonym, highlighted the focus on user security and control with Bitkit. The wallet supports both onchain BTC transactions and the Lightning Network, offering a secure and user-friendly interface.

User feedback has played a crucial role in shaping Bitkit, guiding bug fixes and usability improvements. Carvalho emphasized the wallet’s commitment to decentralization by supporting BTC transactions onchain and over the Lightning Network.

With the increasing popularity of custodial wallets, where third-party entities hold user assets, the self-custodial nature of Bitkit ensures that users maintain control of their assets without the risk of counterparty or censorship issues.

Looking ahead, Bitkit has outlined plans for a comprehensive rewrite post-launch. Developers will thoroughly review and redesign the software’s codebase, focusing on improving performance, maintainability, and security. This process may involve adding new features and implementing user feedback for further enhancements.

In related news, SocialFi is boosting game revenue, and the creator of Axie Infinity is exploring alternatives to Discord in the Web3 Gamer space.

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