bitWallet™ vs Bitkit

bitWallet is a Bitcoin Wallet. It securely stores your Bitcoins and shows account balances, transaction history, exchange rates and much more. bitWallet doesn't require any registration or asks for any personal information. Your Bitcoin keys are stored on your device only, and controlled only by you. bitWallet features include: - Securely store your Bitcoin addresses and their private keys. - Create multiple wallets with multiple Bitcoin addresses per wallet. - Create wallets for Bitcoin, Bitcoin Cash and Litecoin. - Send payments directly from the app. - Print paper wallets to store your Bitcoins offline in cold-storage. - Create SegWit addresses for lower transaction fees. - Dynamic fees for timely confirmations at minimal costs. - iCloud backup protects your Bitcoins if the iPhone is lost or damaged. - Receive notifications when new transactions occur in your wallet. - Create Classic wallets and Hierarchical Deterministic (HD) wallets (supports BIP32 / BIP44 / BIP49 structures). - Create Watchlists to follow interesting addresses. - Restore TREZOR Accounts, both Legacy and SegWit. - Check balances and transactions per wallet and per Bitcoin address. - Verify balances and transactions from multiple data sources. - Check the Bitcoin price, in multiple currencies, from all Bitcoin exchanges. - Shows live Bitcoin Network statistics. - bitWallet is FREE, for now. Wallets: bitWallet supports two types of wallets; Classic wallets accept all Bitcoin addresses and private keys. New random addresses can be generated, and existing keys can be scanned and imported. Hierarchical Deterministic (HD) wallets derive all accounts, addresses and private keys from a single master extended key. HD wallets adhere to the BIP32 / BIP44 / BIP49 address generation methods and wallet structures. Wallet seeds and deterministic keys are derived from BIP39 mnemonic sentences. TREZOR Accounts are restored with Legacy or SegWit address generation. Data Sources: bitcoin data is pulled primarily from Blockchain.info. Balances and transactions can be verified against BlockExplorer, BlockCypher and BitGo. Exchanges rates provided by BitcoinAverage.com are limited to 100 updates per day, per IP. Litecoin and Bitcoin Cash data is pulled from various Insight providers. Additional data sources will be added as they become available. Data Security: bitWallet uses advanced techniques to encrypt the wallet using AES-256 encryption. Your password is not stored on the device or anywhere else - if you forget your password there is no way to decrypt your wallet and recover your Bitcoins! When the wallet is decrypted, the Private Keys still remain encrypted in memory until needed to resist memory scrapping attacks. For added security, a setting is available to clear the wallet data from memory when the app is backgrounded. Data is never placed in a web browser and it never leaves the app's memory space, unless printed, shared or backed up. iCloud Backup data is encrypted with the password before transmission. Privacy Policy: securely storing your Bitcoins is a key feature of bitWallet. Only public addresses are transmitted to query balances and transactions - no other data is transmitted from bitWallet!

Bitkit is a simple, yet powerful self-custodial wallet, powering Bitcoin payments to anyone, anywhere, any time. WHY BITKIT? - FINANCIAL FREEDOM: Bitkit hands you the keys to manage your money. Spend now or save for later. - INSTANT PAYMENTS: Send bitcoin faster than ever. Enjoy instant transactions with friends, family, and merchants. - BORDERLESS BITCOINERS: Take charge of your digital life with portable profiles and payable contacts. - LIVE WIDGETS: Add fun and utility to your wallet home screen with engaging widgets. SIMPLE, YET POWERFUL - SELF-CUSTODY: Import your 12-word seed phrase into any wallet to restore your savings balance. - LIGHTNING NODE: Bitkit powers a network node on your phone. Pay instantly from your own pocket. - BOOST PAYMENTS: Choose your network fee, boost transactions for faster confirmations. - COIN CONTROL: Manage your privacy by selecting which coins to spend on each transaction. - OPEN-SOURCE: The code is available for auditing and contributions. WHY SELF-CUSTODY? - BE YOUR OWN BANK: Bitcoin empowers you to take control of your money. Don't entrust this responsibility to a third party. - AVOID COUNTERPARTY RISK: Exchanges and custodians have lost hundreds of thousands of BTCs due to hacks, mismanagement and fraud. - PERMISSIONLESS: Pay anyone without asking custodians for permission.