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Vidulum - Multi-Asset Cryptocurrency Wallet

latest release: 1.2 ( 5th April 2019 ) last analysed  17th August 2021 Not updated in a long time 
4.2 ★★★★★
100 ratings
5 thousand
4th April 2019

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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 

On Google Play we read

As a multi-asset web wallet, users are in full control of their private keys

so we assume this app is non-custodial.

On their Website we read again

Own Your Private Keys

Private keys for cryptocurrency addresses are created client side through a proprietary method and are never stored or sent back to our servers

which is actually very scary. “Proprietary method” means non-standard method, so if this wallet stops working, there is no way to get your funds recovered on a different wallet.

On their website there is a link to a GitHub repository but that only contains one text file and no code.

The app is closed source and thus not verifiable.

(lw)

Verdict Explained

This product did not get updated in over two years.

As part of our Methodology, we ask:

Was the product updated during the last two years? If not, we tag it Obsolete! 

Bitcoin wallets are complex products and Bitcoin is a new, advancing technolgy. Projects that don’t get updated in a long time are probably not well maintained. It is questionable if the provider even has staff at hands that is familiar with the product, should issues arise.

This verdict may not get applied if the provider is active and expresses good reasons for not updating the product.