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WanWallet

latest release: 5.1 ( 5th August 2021 ) last analysed  19th October 2021 Under development 
3.9 ★★★★★
21
22nd August 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.

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The Analysis 

(Analysis from Android review)

App Description

WanWallet was developed by Wanchain Foundation. It says that it supports Wanchain Galaxy Consensus Staking, which they also call “PoS Staking.”

You can manage your Wanchain assets and stake your Wancoins to receive staking rewards using Wanchain Wallet.

Wanchain Wallet is a non-custodial wallet, which means you own the keys and you are in control. Wanchain Foundation will never ask you for your HD seed phrase under any circumstances.

The App

We tried the app. We are immediately greeted with the option to create a wallet or import one.

We chose to create a wallet and were asked to enter a password. Then, we are provided with a 12-word seed phrase, and told to record it in a safe place, preferably offline. The app noting that:

the Wanchain team will never ask for your seed phrase.

Wanchain has a Github account with repositories for apps and SDKs. Their repository for the desktop wallet is publicly available source code with build instructions.

At the moment, we will wait for the source-code to be tested and proved reproducible before making a verdict.

(dg)

Verdict Explained

We still have to analyze this product.

As part of our Methodology, we ask:

Did we get to a conclusion on the transparency of this product yet? If not, we tag it Development 

This product still needs to be evaluated some more. We only gathered name, logo and maybe some more details but we have not yet come to a conclusion what to make of this product.