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Ontology wallets

Best Ontology (ONT) Wallets In 2019 | How To Stake ONT While Keeping It Safe

Ontology is a blockchain-based network that supports several programming languages and development tools to create a decentralized application. On the Ontology blockchain, several blockchain systems can operate, as the framework can customize public blockchains for the development of applications. Besides, ONT facilitates collaboration between different chain networks through protocol groups. If you are keeping ONT tokens, make sure to secure them in the best Ontology wallets.

With top features, such as VBFT and Sharding, Ontology seeks to power the development of blockchain applications for millions of blockchain users around the world. With that in mind, the decentralized Ontology network wants to create a standardized platform for various applications in a user-friendly, interactive, and blockchain-driven environment. The following are the best Ontologys wallets, which are ideal for receiving, sending, and storing the virtual coins.

ONTO Wallet | Ontology Wallets

ONTO Wallet website: https://onto.app/

ONTO Wallet type: Mobile

Ease of use: Easy to use

Safe: Safe

Cost: Free

The ONTO app is an all-inclusive, decentralized Ontology wallet that provides access to the Ontology network. This app is ideal for building a personal digital identity, storing digital assets, and many more. Besides, it provides private, secure transactions backed by cryptographic algorithms.

One of the best features of ONTO Wallet is that it does not save your data. All the information you provide whether for authorization or authentication remains on your phone. This means no other person has access to your information unless you authorize it.

Besides, the ONT ID, which helps you manage your identity and the related authentication and authorization, has no connection, whatsoever, with the wallet. Both the wallet and the ID belong to different functional modules. The mobile crypto wallet mainly helps you manage your digital assets as the ID takes care of identity, authentication, and authorization.

Another thing to note about the ONTO Wallet is its transaction limits. To begin with, all transactions conducted by the wallet must be a whole number. The Ontology network uses a dual token model that comprises ONT (the coin) and ONG (the utility token for on-chain services). In that connection, the minimum ONT transaction is 1 ONT, while the minimum ONG transaction is 0.0000000001.

Ontology wallets

Source: Medium.com

OWallet

OWallet Website: https://github.com/ontio/OWallet/releases

OWallet type: Desktop

Ease of use: Not quite easy for beginners

Safe: Safe

Cost: Free

OWallet is one of the best Ontology wallets and supports Windows, Mac, and Linux operating systems. The official desktop cryptocurrency wallet supports both ONT coin and ONG token. This wallet is so comprehensive that you can use it both for standard and shared wallet management based on the multi-signature technology. In addition, it can connect with different hardware wallets, such as Ledger, Trezor, and others.

In its next phase, OWallet intends to include more applications in its system, which will allow developers to offer comprehensive services, including smart contract invocation and compilation.

OWallet gives you three options to explore according to your choice. You can use it as an individual wallet, a shared wallet, or a ledger hardware support wallet. As noted earlier, it supports Windows and MacOS devices.

Based on the options it offers, downloading the OWallet might be a bit challenging for a beginner. The individual wallet comes with distinct features, such as selecting the Keystone file path, choosing e-mail and password, and creating the wallet. Once the individual wallet is up, the home page will give you details regarding wallet address, public key, ONT and ONG asset balance, ONT balance price in USD, and more.

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Source: chrome.google.com (app)

Cyano Wallet | Ontology Wallets

Cyano Wallet website: https://github.com/OntologyCommunityDevelopers/cyano-wallet/

Cyano Wallet type: Web

Ease of use: Easy

Safe: Safe

Cost: Free

Cyano is a web extension for the Ontology network which supports both Chrome and Firefox browsers. The extension enables you to create a wallet with mnemonics phrase, fully encrypted with a private key. You can log in into your web wallet using the mnemonics phrase, a stored account, or Private Key.

All the same, when using Cyano, you need to be careful and take into account important security tips, such as dividing your assets between cold and hot wallets, regularly checking your balances, and using a crypto hardware wallet for your cold storage. Besides, avoid using smart contract whitelist on your cold wallet. The wallet connects easily with the two main hardware wallets—Ledger and Trezor.

Cyano wallet is compatible with all ONT networks, allowing you to switch among them from Test to Main, and Private using TLS. Cyanoalso comes with ONT ID support, dAPI support for the Ontology network, as well as NEO and ONT address support, which you can use for both normal and Ledger accounts.

With the Cyano extension, you can accomplish the following:

·         Create a wallet with mnemonics phrase

·         Encrypt a private key

·         Export or import a wallet

·         Login using mnemonics phrase, Private Key, or a stored account

·         Ledger and Trezor support

·         OEP-4 Tokens support and many more

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Source: tokenclub.co

Ledger Nano S

Ledger Nano S Wallet website: https://www.ledger.com/products/ledger-nano-s

Ledger Nano S Wallet type: Hardware

Ease of use: Easy

Safe: Quite safe and secure

Cost: Paid

The Ledger Nano S wallet offers the highest level of account security, which makes it one of Ontology’s best crypto hardware wallets. With it, you can safely send, receive, and store your ONT coins and ONG tokens. Besides, it accepts multiple currencies including the ONT coin and ONG Token. It’s advisable to confirm the price of the Nano S wallet from their official website to avoid any chance of paying higher.

If the security of your funds is your top priority, then you should consider having the Ledger Nano S Wallet. The hardware functionality ensures that you are always in control over your funds.

In addition, the Nano S is small, portable, and USB-compliant. While it connects to your device through the USB port, it does not harvest your private key. The Private Key always remains in offline storage, which is secure and PIN-protected. One of the prominent features of the Nano S Wallet is the ease of usage. The cryptocurrency hardware wallet has a built-in OLED display with buttons on the sides, making it easy to operate even for beginners. Importantly, the Nano S wallet enables you to verify transactions manually, which means you can check the status of your funds anytime.

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Source: Infinitowallet.io

Infinito Wallet | Ontology Wallets

Infinito Wallet website: https://www.infinitowallet.io/

Infinito Wallet type: Mobile

Ease of use: Easy

Safe: Quite safe and secure

Cost: Free

Infinito is another great ontology wallet, ideal for storing other cryptocurrencies too. The multi currency mobile wallet supports all major digital assets, such as Bitcoin, Ethereum, BCH, DASH, and many others. It also supports all ERC20 tokens on the Ethereum network and NEP5 tokens on the NEO blockchain.

The wallet is mobile-friendly, making it the ideal choice for users on the go. It’s currently available for both Apple’s iOS and Android devices. Additionally, the platform is multi-lingual, with 12 languages supported and more coming. Infinito embraces the touch ID technology, which is one of the latest features for mobile wallets. Some of the highlights of this wallet include:

·         Top-level security delivered by a combination of password, passphrase, and touch ID.

·         Multi-lingual platform, accommodating 12 languages

·         No centralized servers

However, that is not all; Infinito comes with sheer excellence that is rare in most mobile wallets. For instance, the wallet is designed for daily use. As such, it has contacts management feature, which enables users to store all their contacts in one, easy-to-use list, just in the same way that mobile phone numbers are available in one list. This, in the end, improves the functionality of the wallet.

Another important feature of this wallet is price optimization. This technology enables, especially, new users to choose the best charges whenever they conduct a transaction. In the end, transactions are completed faster without anyone spending too much money.

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Source: play.google.com

O3 Wallet | Ontology Wallets

O3 Wallet website: https://o3.network/

O3 Wallet type: Mobile and Desktop

Ease of use: Easy

Safe: Safe

Cost: Free

The O3 Wallet supports all major platforms, including Android, iOS, Windows, and Mac operating systems. It allows you to track all your ONT coins, ONG tokens as well as other cryptocurrencies in one convenient place. The cryptocurrency desktop wallet offers many cool features. For instance, it can integrate directly with Switcheo Exchange apart from remotely monitoring the balance in your cold storage wallets. Giving you the chance to monitor your cold storage address is a cool feature that improves the functionality of the wallet. This is why you should consider this if you are looking for the best Ontology wallets in the market today.

Additionally, it boosts security because no one would access the cold storage wallet under your watch list. You can download the mobile crypto wallet from Apple App Store or Google Play Store. The app is used worldwide with positive ratings from users.

How it works

After installing the mobile crypto wallet app, the system prompts you to either create a new wallet or import a private key from an already existing wallet. One of the best features of this wallet is that it allows you to connect with other great apps without sharing your sensitive information, such as Private Key with third parties.

Finally, its ability to connect with the Switcheo trading platform enables you to trade directly from the wallet. Besides, it allows you to purchase using major cryptocurrencies—a first on the ONT blockchain. The platform plans to introduce purchases via credit cards.

Final Thoughts

The ONT blockchain is growing and attracting more users. As the world moves to the era of cryptocurrency adoption, it’s time to adopt sufficient crypto storage measures. With the wallets mentioned in this piece, you can be able to send, receive, and store your ONT funds.

https://usethebitcoin.com/a-beginners-guide-to-ontology-ont/

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