Rushing towards EOS mainnet launch: walletless but happy?
So one of the hottest blockchains coming up in crypto, EOS, will have it all from scratch: scalability, a strong governance structure, ease of use... except one minor thing no one in this multi-billion dollar project seems to have been worrying about: a wallet for the EOS token proper.
Google for it, and skip the tons of redundant "how to register your ERC20-EOS with metamask" repetitions and it will give you basically no relevant results....
Source
Maybe i exaggerate....?
In fact there are a few ongoing projects to provide basic wallet functionality for EOS proper tokens:
First (and maybe foremost), Bitfinex now has efficiently announced, that they will provide not only a voting portal but also a open source wallet
Hats off! They seem to really mean it and stick to their declaration of openness and transparency. According to @EOSGO mainnet series part #5 this was to be published within 7 days, so actually we can expect it by the end of this week.
Next there is Scatter, built by one man show @nsjames
Maybe best known for the airdrop, Scatter is no actual wallet but rather an identity verification and authentication system, similar to Ethereum's Metamask. As it can hold keys-pairs and seems to get some broad acceptance, it could well take over standard wallet functionality. Check here for a comprehensive overview
Finally James has also set up an proper wallet that interacts with Scatter: Scattellet.
Wallet functions are currently accessible against a private test-website only, not any of the official test-networks set-up by bp candidates.
As it fits here, there is another Wallet-Project, offering a Scatter-tie in: walleteos, yet it doesn't work, and other options displayed remained disabled as time of writing.
Then there seems to be one Wallet that is currently developped by a BP collective, it's unknown to me who this consists of and what the ETA is, it should be available before launch, that all the info that is available.
Slightly more solid is a voting portal set-up by @eosiosg which simulates staking and voting with tokens: http://eosio.sg/
It's also not a proper wallet, but staking and voting would be core features of an EOS wallet in my view.
It does work basically against a private testnet and again not connects to one of the official test-nets.
Aside the above mentioned, there are a view more projects listed on EOS index, but apart the mere announcements there is just nothing further to them: https://eosindex.io/posts/tags/Wallet
So at first look there seem to be several options available, so's all good man?
The worrying thing here, is that we are just 2 weeks away from the main-net launch and there is not a single wallet that can be used on an official test-net. More-over given the large scale EOS pushes for, security is a critical issue. Not only is it problematic that there is too little time for proper development and tidying up, a critical tool like a wallet needs intensive testing and proper audit, which is in no way possible in the few days that are left.
This is not to criticize those who already have invested time and effort in aiming for providing this critical piece of infrastructure, but it is certainly an oversight from everyone in the community for not addressing this more thoroughly.
It again shows the mainnet launch is far from to be taken for granted, and that there remain critical issues yet to be solved. Without a wallet to have hold of your tokens, how are we going to stake and vote? The mainnet might get successfully locked in with the help of b1 and a few whales, but redfish like me and (likely) you, might have no say in building up the initial structure of the chain and voting for the first round of bps.
For the worst you could even loose your precious EOS the moment you are trying to take hold of them by using a badly tested, insecure wallet for the first time.
I start wondering if i should risk to activate my EOS in the first days of launch at all. And if nout having tokens on an exchange like Bitfinex might have been the smarter move eventually?
i also never thought about issues with eos wallet. good and informative article. upvoted :)
cheers,
piotr
@conceptskip
Let me suggest something that may help your readers a lot. You should justify your posts.
The difference will be huge. Just like on picture below:
You can find it explained quite well here:
https://steemit.com/html/@dyrits/steem-it-1-how-to-justify-your-text
and obviously upvoted :)
Yours, Piotr
Thanks, i really wonder why no one realised the need for these facilities. there's a new initiative of several block producers to build a voting portal and scattelet seems to improve quickly..
perhaps most people still keep their resources on exchanges.
myself i do that a lot, since i like to trade every now and then. so I have some eos but i never thought about storing it on real wallet so far
That's certainly a factor, but still there might be thousands of accounts uncovered
Use cleos command line tool and keosd wallet daemon till other wallets are completed.
https://github.com/EOSIO/eos/wiki/Programs-&-Tools
Hi, I think you mean kesod, that is the cli wallet, cleos is for account and smart contract interaction.
Yes, you are right. keosd runs wallet daemon and cleos is used to interact with it.
could you explain how that works?
https://github.com/EOSIO/eos/wiki/Programs-&-Tools#cleos
Youre right i didn't mention cleos, but this would require setting up a node and that's likely beyond the means of the average Joe holding tokens
Average Joe will have to wait for GUI wallets to mature. Techies are in charge for now.
All valid points sir, I am just as nervous and am strongly considering moving my tokens to Bitfinex.
I have been chatting with their support guys about this (they have been really good actually) and if no wallet is released by a repuatable source this week I may just bite the bullet. The fact that they are offering the ability to proxy vote on my behalf is pretty damn sexy.
Who would have thought that holding your tokens on an exchange was the best option !!!!
Might be difficult to sign up on bfx within a few days, not sure if their fund limit still applies. Cetainly I'd like to see what the BP wallet looks like.
But maybe there will show someone up, telling us why there is no reason for doubt.
Lol of course it would not be simple, I will have a go and see what happens.
BFX still have a find limit but it is it too bad, I will start the process now.
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