Dogecoin Wallet by Freewallet Review
Dogecoin Wallet by Freewallet
Dogechain wallet is a wallet specifically for Dogecoin. It is the official wallet for Doge. Users private keys are stored by Dogechain meaning that users give up some control over their funds. However, all the data is encrypted and only the user can decrypt the data with their password. Files are encrypted by the user's browser and stored in the cloud where only the user can decrypt them. The wallet is very limited as there are other wallets which support Dogecoin but also support a wide number of other cryptocurrencies.
The wallet lacks a lot of key features which are important for functionality and security. The wallet is not hierarchical deterministic. It does not have multi-sig optionality. The code is not open-source which means that the community is unable to assess the level of security of the wallet. There is also no option for users to enable two-factor authentication which is a common feature among wallets.
The wallet is straightforward to set-up. Although the design and user interface is very basic, it remains intuitive and easy to use for beginners. It is available on Mac, Linux, Windows, Android but is not available on iOS.