The hype, excitement, and the need for a smoothly functioning IOTA wallet are greater than ever. Yesterday IOTA announced that the IOTA Trinity Wallet beta is now available for download and testing. We downloaded the wallet and examined its interface.
IOTA announced via a blog post as well as on Twitter that the Trinity Wallet beta can be downloaded for both iOS and Android.
Trinity. It’s time… https://t.co/wQo40wSRyz #IOTA #Trinity
— IOTA (@iotatoken) May 29, 2018
Some users reported an error preventing the software from downloading. On our Android device, both download and installation worked without issues. Creating a seed and printing it as a paper wallet also went smoothly.
We find the new interface stylish and well organized. During setup, we noticed the influence of the new data protection regulations, as several terms and conditions must be read and accepted to use the wallet.
On the dashboard after opening the app, the IOTA price is displayed along with other key metrics such as market capitalization, price change, and trading volume.
Security is important to the IOTA Foundation, and the foundation has taken the following steps (freely translated):
We subsequently subjected Trinity to two external reviews, a threat modeling exercise, and a security audit to ensure maximum safety for our users.
The Trinity Wallet is an alternative to the IOTA Light Wallet, which has shown some issues in certain use cases. Trinity is currently available only as a mobile wallet; a desktop version is expected soon. Here are the two download links for the wallet:
Android: https://play.google.com/apps/testing/com.iota.trinity
iOS: https://trinity-beta-ios.iota.org
The IOTA price reacted positively to the release, showing an increase of 17.72 percent over the last 24 hours to a price of €1.39. Market capitalization rose to €3.8 billion, pushing IOTA into the ninth position among the largest cryptocurrencies, overtaking TRON.
Whether this positive trend is a short-lived spike due to the Trinity release or the beginning of a sustainable rise will become clearer over the coming days and weeks.