CoinsManager is a Bitcoin Wallet Without the Private Keys

Journalist:
Kyle Torpey @kyletorpey
January 27, 2014

CoinsManager wants to be your cryptocurrency portfolio manager.

CoinsManager is an upcoming online cryptocurrency wallet that will allow users to store public addresses without the corresponding private keys. While this offers a large amount of security for an online wallet, it also means that you won’t actually be able to spend the bitcoins or altcoins in your wallet without the use of another device. CoinsManager was created to give users a convenient way to check their various cryptocurrency balances throughout the day without worrying about someone finding out the private keys.

Tracking Your Coins

Over the years, bitcoiners have come up with rather unique way to track their account balances for various cryptocurrencies. It’s somewhat difficult to keep track of your investments in the cryptocurrency world right now because there aren’t many convenient investment platforms that allow you to see the big picture. With the power of the blockchain that backs each cryptocurrency, it’s easy to organize all of your different cryptos by how much their worth, how many of them you own, and other attributes.

Free to Use

This platform is completely free to use, but it won’t be released until February. The people behind CoinsManager have noted that it will stay free forever, but they could come up with payment plans for premium options in the future. The basic infrastructure of CoinsManager will always be free, but they are accepting donations for people who want to help them cover their start-up costs. If you’d like to be notified when the alpha version of their platform is released, you can join their mailing list from their website.

The Road to Releasing CoinsManager

The developers behind this project want to get an alpha version released soon, and they’ll need testers to find all of the inevitable bugs as quickly as possible. The great thing about bugs on apps that don’t store private keys is that you don’t have to risk your bitcoins. Once the early bugs are taken out in the alpha phase, the beta phase will begin with the creation of user accounts. Once the final version is created, an Indiegogo campaign will be launched in order to support future development of the project. This is definitely a project to watch if you’re someone who feels unorganized with all of your different altcoins.

Last modified (UTC): April 20, 2014 18:28

Tags: Bitcoin
Kyle Torpey @kyletorpey

Kyle is a freelance Bitcoin writer and the Marketing Director for Bitcloud. His work has been featured on Business Insider, VICE Motherboard, Let's Talk Bitcoin, and RT's Keiser Report . You can follow him on Twitter (@kyletorpey) or send him an email.