Altcoins News

Story: IOTA Releases SPARK A Small Change Wallet versus Strong Security Trinity Wallet

By Steven Anderson

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IOTA SPARK - THE EVERYDAY WALLET VERSUS IOTA TRINITY WALLET

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IOTA SPARK WALLET DOES NOT REPLACE IOTA TRINITY

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Spark, a light version of the IOTA wallet, is released as a web-based solution for wallets with fewer coins. 

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The Trinity Wallet is the mobile and desktop wallet of IOTA.  It provides for safe seed storage with secure encryption for protecting funds.

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IOTA Spark Wallet is called Spark - The Everyday Wallet or Burner Wallet.  The version is limited to essential features.

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This Wallet makes it possible to transact a small amount every time. The Wallet is suitable for going to a bakery, paying for tickets etcetera.

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The idea of a no password wallet is useful because it is costly for a user to type a password for making a small transaction.

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The Spark Wallet does not replace the old Trinity wallet; however, it is supplementary to use IOTA.  It is more comfortable and very convenient for end customers.

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The Trinity wallet is known to everyone, and it is popular in the cryptocurrency community.  The ease of use and the visually impressive user interface have made Trinity…

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However, for users to adapt to the new technology, it should be easy to use.  The new Spark Wallet exactly fulfills this requirement.

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Spark, being a low-security wallet, is for short-term use. It is a burner wallet.  Transacting small funds and removing the traces of the Wallet afterward.

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The user should choose a password to encrypt the Wallet in the process to restore the seed from the seed vault back up.

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