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Satoshi Wallet App

latest release: 1.0 last analysed  8th June 2021 Not functioning anymore  
3.6 ★★★★★
25 ratings
5thousand
16th January 2018

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Do your own research!

Try out searching for "lost bitcoins", "stole my money" or "scammers" together with the wallet's name, even if you think the wallet is generally trustworthy. For all the bigger wallets you will find accusations. Make sure you understand why they were made and if you are comfortable with the provider's reaction.

If you find something we should include, you can create an issue or edit this analysis yourself and create a merge request for your changes.

The Analysis 

This project appears to be a parody on Bitcoin forks?

Their description:

Due to immense popularity of Bitcoin, more and more developers are trying to own it and fork it for their own benefits. They come up with their so called faster, secure and reliable coin with the aim to replace Bitcoin in future and manipulate the market in their own interest. Moreover, we have made Bitcoin as decentralized digital currency; countries and governments trying to control it by forking it, accepting and promoting the new clone. To deal with these issues and monopolies, Satoshi Nakamoto has taken a further step to create Satoshi, a smaller version of the original bitcoin which will operate and run separately from Bitcoin. Since Satoshi Nakamoto made the Bitcoin for common man but due to involvement of market tycoons and rich miners, BTC is now out of range of a common man. Built to be mined on an ordinary PC, Bitcoin is now impossible to be mined by a common computer user or student. To stick with the sole purpose of its creation, Satoshi as an independent coin, comes to play its role. With emergence of Satoshi, a common man can mine, buy, sell and trade again in Bitcoin as Satoshi is convertible to Bitcoin and vice versa.

This is something between not a wallet or not a btc wallet. No further verdict for now.

Verdict Explained

This app went out of business ... or so. Read the analysis for details.

As part of our Methodology, we ask:

Is the product still supported by the still existing provider? If not, we tag it Defunct!  

Discontinued products or worse, products of providers that are not active anymore, are problematic, especially if they were not formerly reproducible and well audited to be self-custodial following open standards. If the provider hasn’t answered inquiries for a year but their server is still running or similar circumstances might get this verdict, too.