KryptoKit Unveils World's First Secure, Instant Bitcoin Wallet in a Browser

KryptoKit Unveils World's First Secure, Instant Bitcoin Wallet in a Browser

INSIDE BITCOINS, LAS VEGAS - KryptoKit (www.kryptokit.com), the easiest and fastest way to handle Bitcoin transactions, today debuted the world's first Google Chrome extension instant Bitcoin wallet and secure payment system. The implementation of a Bitcoin wallet directly into a web browser has been touted as the holy grail for Bitcoin mass adoption, and today KryptoKit delivers a set of tools that dramatically simplify Bitcoin transactions.

KryptoKit offers the fastest Bitcoin wallet setup and simplest Bitcoin payments, integrated into a secure Bitcoin platform where all user data is stored client-side and never sent to any remote servers. KryptoKit does not know user passwords or private keys, nor does it have access to customer funds or Bitcoins.

Available for free on the Google Chrome Web Store, and with code that is visible for all to audit, KryptoKit installs immediately, generating a brand new Bitcoin wallet in a matter of seconds. Removing the need for passwords or user credentials during setup, one simply moves the mouse around the screen until a new public and private key-pair appears. The mouse coordinates coupled with a random character generator create a new Bitcoin wallet instantly.

"It's always been our goal to create an instant Bitcoin wallet system that removes much of the friction associated with current web and software wallets," says Anthony Di Iorio, who along with Steven Dakh founded the Toronto-based company. "With the demise of the popular Instawallet earlier this year, we knew there was a need for a fast Bitcoin wallet system, and we have been eager to fill the void."

Using the provided embedded QR code or deposit address, the KryptoKit wallet can be easily funded from any other web or software wallet. Deposits appear instantly and no confirmations are required to initiate outgoing transactions. The real genius of the system is unveiled when making Bitcoin payments as KryptoKit crawls the users screen (webpage) for any Bitcoin addresses and places them in a bulleted list directly in the wallet window. The user simply selects the address they wish to make a payment to, enters the amount, and hits send. No more copying and pasting addresses and no more moving back and forth between tabs to your web wallet. KryptoKit is the easiest and fastest way to make Bitcoin payments, including the automation of entering payment destination addresses.

Along with the Bitcoin wallet, packaged in the launch today of KryptoKit is an easy to use, secure and private messaging system. Utilizing GPG encryption (the open-source version of PGP), this easy-to-setup system makes sending encrypted messages to your friends a breeze, with new message notifications appearing directly in the extension icon.

KryptoKit is exhibiting at Inside Bitcoins in Las Vegas, December 10-11. Attendees are encouraged to drop by the booth, see KryptoKit in action and explore the additional features of this payment and communication systems. Features such as one-click backup of KryptoKit data, and a brain wallet that allows users to access their Bitcoin wallet anywhere in the world without carrying any backup files.

About KryptoKit

KryptoKit is a Toronto-based company specializing in encryption and digital currencies. Founder Anthony Di Iorio is the Executive Director of the Bitcoin Alliance of Canada and founder of the Toronto Bitcoin Community Meetup. Co-founder Steven Dakh is from New Jersey, and has been developing using multiple platforms since age six. Steven has been heavily involved with Bitcoin development since 2011.

KryptoKit
http://www.kryptokit.com/


Related News

Kryptokit Launches as Dark Wallet's Biggest Rival

As secure client-side bitcoin wallet Dark Wallet looks set to reach its funding goal, a competitor has emerged - and is already shipping. Kryptokit, a wallet designed for secure bitcoin payments and messaging, launched today at the Inside Bitcoins conference in Las Vegas as an extension for the Chrome browser. This, coincidentally, was one of Dark Wallet's main goals. The product, which is a reworked version of now-defunct project Rushwallet, features two tabs: a bitcoin wallet and a secure messaging system. Launched by Anthony Di Iorio, CEO of Canada's Bitcoin Alliance, the wallet can....

RushWallet Adds Instant Bitcoin Fundraising Feature

Example of a RushWallet Fundraiser: Sean's Outpost. RushWallet, the browser-based platform that generates fully functional bitcoin wallets in mere seconds has added a new feature: fundraising campaigns. The RushWallet team at KryptoKit, who also made the KryptoKit instant wallet extension for Chrome browsers, says the 'Fundraiser' tools can be used to fund one-off projects of any size, including charity and startup campaigns, office pools, poker games, bets and even freelancers invoicing for jobs. Easy progress tracking. Essentially the new feature gives campaign organizers a more....

Roger Ver and Erik Voorhees Back Bitcoin Wallet KryptoKit

KryptoKit, the browser extension that allows users to send bitcoin payments and encrypted messaging in just a couple of clicks, today announced three big names from the bitcoin world would join the project "in ownership roles": Roger Ver, Erik Voorhees and Vitalik Buterin. The move is sure to raise the profile of Toronto-based KryptoKit, which launched in Las Vegas last month. The browser plugin has a five-star user rating on the Google Chrome Web Store, but had been fairly low-key in its marketing tactics until recently. All three names have worked on numerous bitcoin-related projects and....

KryptoKit False Alarm Reveals Chrome's Love For Bitcoin

KryptoKit was removed from Chrome on Tuesday in error. KryptoKit, the Chrome extension that functions as an encrypted messenger and Bitcoin wallet, suddenly had its security privilege revoked Tuesday morning. The extension was removed from Chrome for less than an hour, but in the digital currency world this type of action can irreparably harm a product's reputation - especially for a browser extension which can access the most sensitive user data. As users awoke to find their favorite extension had been removed from Google Chrome, they took to social media fearing the worst. Fortunately,....

Review of KryptoKit: A Browser-Integrated Payment Wallet

KryptoKits interface fits in beautifully with Chrome. Bitcoin may be in it's infancy, but wallet software for using it already comes in all shapes and sizes. Even with the myriad of software solutions, exchanges, and cold-storage options, many critics say the options are still too inflexible. Some of the most vocal bitcoin doubters claim that for the average person storing and spending bitcoin can be intimidating, confusing, and even risky. CoinKite is already doing great things for brick-and-mortar stores, but spending bitcoin on the internet can still be improved. This is the problem....