Edge Wallet adds Ripple and Monero

Edge Wallet adds Ripple and Monero

Edge, a multi-coin wallet meant for secure transactions, has announced the addition of Monero and Ripple (XRP) on its platform. Edge already supports many cryptocurrencies. Monero is a decentralized digital currency which is secure, untraceable, fungible and private. It was launched in 2014.

Edge Wallet was in constant touch with Monero’s team on Telegram to understand the protocols and library needed for the integration of Monero on its platform. The team’s support was a vital factor in the integration of Monero into Edge’s platform.

The implementation of Ring signatures is one of the prime features of Monero that will be utilized by Edge Wallet. The library created by the team of Monero will be of high importance. It defaults to five ring signatures for each transaction.

However, one point to be noted is that in the current press release, users of Edge Wallet would not be able to adjust the number of ring signatures. The team of Edge Wallet aims to keep it simple and to give its users good defaults.

Edge Wallet is a company that works to combine the features like user privacy, cutting-edge security and ease of use into one user-friendly platform for experts as well as beginners. It provides Multi-asset support which includes cryptocurrencies like Bitcoin, Ethereum, Dash, Litecoin, Bitcoin Cash and many more cryptocurrencies. Now Ripple and Monero are another addition to the platform. Using Edge wallet, one can seamlessly shift between digital currencies and can easily hold assets in one place.

The CEO of Edge, Paul Puey, said

“We’ve listened closely to our community over the last few months and found a strong demand for these currencies on the Edge platform. Both communities are different but they face the same issue: How do we hold and use our currency? Edge is proud to announce that they can now find that option here,”

Edge Wallet has another add-on feature of Client-side encryption wherein all the data is encrypted on the device used by the user. It works with the mission to provide world’s most innovative systems and tools.

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Aayushi Dhawan
Aayushi Dhawan is an avid reader, researcher, crypto writer and a passionate student. While pursuing her graduation in commerce at SRCC, she realized that writing and Finance give her immense pleasure. She is currently pursuing her post graduation in Commerce (Finance) from Department of Commerce, Delhi School of Economics and keeps on exploring the intricacies of research, her biggest strength.