Introducing Proton Wallet – a safer way to hold Bitcoin

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Introducing Proton Wallet – a safer way to hold Bitcoin | Proton proton.me/blog/proton-wallet-launch

3033 sats \ 54 comments \ @plebone 24 Jul 2024 bitcoin

116 sats \ 5 replies \ @frostdragon 24 Jul 2024

Just saying, it’s very rare for a company to have robust security AND be constantly pushing out new products and features.

Case in point, didn’t proton get hacked a little while back?

Just use cold wallets, people.

42 sats \ 3 replies \ @jp305 25 Jul 2024

Even if it's hacked, your data is e2e encrypted.

Hot wallet is perfectly fine for some use cases.

0 sats \ 2 replies \ @frostdragon 25 Jul 2024

Yeah, just keep auto updates off. I've heard directly from a self-custody crypto mobile wallet provider that even though it's self custody, they could push an auto update to sign transactions... Can't mention them by name, but there's really nothing unique about them. Third party trust is third party trust.

In the meantime, if the result of a device hack is a compromised keystore, there goes your e2ee.

0 sats \ 1 reply \ @jp305 25 Jul 2024

Depending on how they designed the client keystore access, it might be possible, but that would be an obvious design flaw.

device hack

there goes your digital life essentially

0 sats \ 0 replies \ @frostdragon 25 Jul 2024

But not your bitcoin!

21 sats \ 0 replies \ @OT 24 Jul 2024

Might be an interesting way to send bitcoin through email. I'll try it out when LN is ready

37 sats \ 1 reply \ @BitcoinAbhi 24 Jul 2024

While the type of assets that you can hold in Proton Wallet may evolve over time as we add more capabilities in response to community demand

Seems Like another Trust or metamask in the making!

0 sats \ 0 replies \ @Coinsreporter 24 Jul 2024

Correct!!

219 sats \ 4 replies \ @kepford 24 Jul 2024

Proton Wallet on X: "@Stromens We're not interested in shitcoins." / X

42 sats \ 0 replies \ @guts 24 Jul 2024

Proton confirmed maxi.

0 sats \ 2 replies \ @jp305 25 Jul 2024

Is ETH a shitcoin to them?

64 sats \ 0 replies \ @kepford 25 Jul 2024

If you're asking me... Yes.

0 sats \ 0 replies \ @plebone OP 25 Jul 2024

I believe so, and agree

63 sats \ 0 replies \ @BlokchainB 24 Jul 2024

Big move by proton

42 sats \ 2 replies \ @TheWildHustle 24 Jul 2024

Proton Coinjoin?

21 sats \ 1 reply \ @kepford 24 Jul 2024

The ref to whirlpool and other TBDs were removed from the README.

0 sats \ 0 replies \ @cyberpunk02 24 Jul 2024

of course they would be ;)

63 sats \ 0 replies \ @398ja 24 Jul 2024

people accepting payments or donations in Bitcoin may just generate one address and tell everyone to send BTC to it. However, this isn’t great for privacy because anyone can see how many BTC were received at that address, where they came from, and where they were later sent to. The unique feature built into Proton Wallet is sending Bitcoin to an email address in a low-friction, private way without reusing Bitcoin addresses.

43 sats \ 0 replies \ @cristaiji 24 Jul 2024

I wondered what kind of guy is Andy Yen? Came from CERN originally.

22 sats \ 1 reply \ @freetx 24 Jul 2024

wasn't there a BIP recently that was accepted that enabled DNS Name -> BTC Address?

It seems like if wallets adopted that it would massively improve the security footprint....

31 sats \ 0 replies \ @hugo 24 Jul 2024

BIP 353: https://github.com/bitcoin/bips/blob/9cfe3a4a9021d893859af4517ab6cb6f5d6c387e/bip-0353.mediawiki

21 sats \ 0 replies \ @guts 24 Jul 2024

Privacy by email, I prefer a cold wallet or other blockchain.

21 sats \ 0 replies \ @nichro 24 Jul 2024

"Bitcoin via Email" is interesting

21 sats \ 0 replies \ @TheWildHustle 24 Jul 2024

Woah

21 sats \ 0 replies \ @Msd0457890 24 Jul 2024

I have always used Proton and its applications. I hope your wallet is of equal quality.

66 sats \ 0 replies \ @beorange 24 Jul 2024

Interesting... lots of new stuff in the Bitcoin World today. I have to find time to experiment all of them. Nevertheless, keep them coming.

33 sats \ 0 replies \ @037aef6755 28 Jul 2024

Proton products are always of excellent quality in my subjective opinion

1 sat \ 0 replies \ @flat24 24 Jul 2024

I consider it to be another tool, but I would not use it to store my savings in it. and I think that this type of simple usability is to attract a new audience, which could impact the price upwards in the medium term 📈

1 sat \ 3 replies \ @jp305 24 Jul 2024

They have a waitlist to access the wallet? Makes me think it’s going to be backed by some centralized server API.

Probably oriented towards new bitcoiners.

52 sats \ 2 replies \ @WeAreAllSatoshi 24 Jul 2024

I haven't read the post yet, but from another comment here on the thread, it sounds like there's some handling of sending btc to an email address that's probably hosted by proton, so I think that's where the centralized server would come into play? I could definitely be wrong though, and should probably read the article.

0 sats \ 1 reply \ @jp305 24 Jul 2024

Hopefully, the wallet can function without these features enabled.

Sending to email sounds like a great feature! As much as I hate email and love NOSTR, reality is email is still the prominent way to get in touch with people.

They can probably support all email address, but require users to create a Free proton account to claim their bitcoin.

21 sats \ 0 replies \ @031ef7d322 24 Jul 2024

Yes it says both users must have Proton Wallet (not a paid plan though) to use the email feature. It also says they pre-generate a list of receive addresses, signed by a gpg key and uploaded to the server.

0 sats \ 2 replies \ @npub1q67p49masrcjf__d7qaq6mwh0q 21 Aug 2024

[OFFER] Proton Wallet - 3 invites left in the ~AGORA marketplace

#656656

21 sats \ 1 reply \ @plebone OP 21 Aug 2024

Don't sell invites, if anyone needs one I think I have 4 left, you can DM me on Nostr

0 sats \ 0 replies \ @npub1q67p49masrcjf__d7qaq6mwh0q 31 Aug 2024

not really selling the invite... the fact is that sending DM here on SN cost at least 1 sat. But you're right, I should have used first-arrive-first served approach!

0 sats \ 0 replies \ @joda 24 Jul 2024

bitcoin-to-email is cool and all, but this is just another proprietary implementation, right? Sender has to have Proton. So it's just like sending Cashapp->Cashapp or Strike->Strike...

0 sats \ 2 replies \ @JuanMiguel 24 Jul 2024

Who asked for this? Seriously. I mean, its better than leaving your coins on an exchange, but still, who asked for this? Out of all features they could work on... why this? And this is coming from a Proton premium user.

21 sats \ 0 replies \ @plebone OP 21 Aug 2024

The story as I understand it, is it is a safety net for them and their users if they are demonetized by stripe, PayPal, etc…. They are introducing it now to protect their future…. And make it super easy for new users who aren’t in the space yet.

0 sats \ 0 replies \ @plebone OP 25 Jul 2024

I like it, I do wish they pushed out a Linux client for Proton Drive first, but it's nice to have either way.

0 sats \ 2 replies \ @Satosora 24 Jul 2024

Is this connected to Proton mail inn any way? Interesting, being able to use email for this. How do you get the lifetime membership?

20 sats \ 1 reply \ @plebone OP 25 Jul 2024

It works between proton accounts I believe, you purchase the lifetime membership and it's pretty pricey.

0 sats \ 0 replies \ @Satosora 25 Jul 2024

How much? Anyone know? I just found out...at least 14k and increasing!

0 sats \ 0 replies \ @kman2140 24 Jul 2024

Lightning?

0 sats \ 0 replies \ @ContraMundum 24 Jul 2024

As a primary proton email user, I endorse this message. 🫡

0 sats \ 2 replies \ @Wetoshi 24 Jul 2024

Does their website mention it was founded by CERN? 🤔

43 sats \ 0 replies \ @nichro 24 Jul 2024

By ex-CERN scientists I believe, not CERN the entity itself

0 sats \ 0 replies \ @TNStacker 24 Jul 2024

Was it?

0 sats \ 0 replies \ @02d9461186 28 Jul 2024 freebie

This is a good PR for bitcoin intself. More people would know about bitcoin closer we are to bitcoin economy.

0 sats \ 0 replies \ @Satoshi__Nakamoto 24 Jul 2024

Need to learn

https://m.stacker.news/41464

0 sats \ 0 replies \ @5e5d0604a5 24 Jul 2024 outlawed