DIVI Wallet Update with Nick Saponaro


Manage episode 280396885 series 2533102
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In today's episode, Nick Saponaro talks to Steve about the Divi Wallet launch. Divi Wallet is an exciting addition to the Divi project. They discuss details about the advantages and benefits of having a Divi Wallet app. Divi is a continuously growing company that everyone should watch out for. Divi Wallet Overview The concept behind creating a wallet like this is creating an ecosystem that enables easy access to all your finances. The Divi Wallet will be the only app you will need for your cryptocurrency instead of ten multiple apps. You can access it from any part of the world from your mobile device. You can even send and receive crypto with your phone. You get your account, so it is easier for others to send you crypto as well. Sending Money You can make decentralized systems easy to use. They created a non-custodial solution to make it easy to understand what is happening. You do not have to sacrifice your keys or your coins to make it simpler to use. After creating an account, you can back-up everything you need without sacrificing the encryption. Earning Earn additional income with Divi Wallet because it is in a global ecosystem. With the Staking Vault, it solves the issue by delegating transactions. Rather than sending it to a pool and trusting that, the Staking Vault takes your notes and sends them to networks to disseminate to all appropriate locations. This allows people to submit low amounts and earn even just a little bit. You can still maintain control without having to risk too much. Exchange with Atomic Swapping There are two ways to swap in the wallet: the traditional swaps and the Atomic swaps. Atomic swapping is the exchange with no middle man needed. Atomic swaps enable a trustless trade by having both parties sign a transaction that says the users are both willing to make a simple transaction. -- Divi is creating the world's first closed-loop, vertically-integrated cryptocurrency ecosystem. Much like Apple's ecosystem is anchored by iCloud, the Divi Project blockchain serves as the core of the Divi network of technologies. Thanks to a keen understanding of the divide that separates the mainstream from the crypto world, the Divi team is able to create solutions to the industry's biggest problem: adoption by non-technical users. Divi's user-friendly, one-click solutions aim to bring blockchain-based payments into modernity with great UX. In this podcast, we will cover all aspects of cryptocurrency, hot topics, and technology as worldwide adoption grows.

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