Satoshi Wallet App

Published:

Wallet Logo

This Android app was first launched on 16th January 2018 and currently has more than 1000 downloads, a 4 stars rating from 18 users and the latest release is version 1.0.

Our last analysis was done on 28th December 2019 based on data found in their Google Play description and their website.

We found these ways of contacting the developers:

Disclaimer

The following Analysis is not a full code review! We plan to make code reviews available in the future but even then it will never be a stamp of approval but rather a list of incidents and questionable coding practice. Nasa sends probes to space that crash due to software bugs despite a huge budget and stringent scrutiny.

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.

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 appears to not be a bitcoin wallet but might serve as a relevant app for other tokens or currencies that we currently are not looking into yet. Feel free to comment on our issue tracker if you think we missed something.