Crypto News

Monero (XMR): MyMonero Desktop Wallet Version 1.0.0 Launched

The team behind MyMonero, a popular web-based wallet for storing Monero (XMR), announced the 1.0.0 version of its implementation, which will be available for desktop use, too. Until now, the wallet has only worked in the web version.

This new version is a lightweight variant, so users of MyMonero desktop version should not download the entire blockchain, and can use the wallet immediately. The application is available for Windows, Linux, and Mac. Users using this version will be able to access the application using the same password.

The release contains fixes to the contact log, updates for connectivity via Firefox, the ability for the software to update automatically, and some other minor changes to the user interface.

As one of the developers of the application explained through Reddit, those who are concerned about automatic software updates and how repository corruption and the specification of the client protocol works with could compromise the handling of Monero (XMR) can just disable this option.

The developer also pointed out that many of the features of this version can still be improved, so he urged users to be patient and to test the new MyMonero desktop wallet for reporting bugs and malfunctions.

The new MyMonero desktop wallet to safely store Monero (XMR), welcomed by the crypto community

The Reddit users were extremely pleased with the announcement and welcomed the decision of launching a desktop wallet version for MyMonero.

This development comes shortly after the recent integration of Monero (XMR) into Ledger’s cold purse, Nano S, with the goal to make XMR a part of the primary interface.

Monero (XMR) is still developing, and just a couple of weeks ago the implementation of the Bulletproof protocol in Monero (XMR) network took place to reduce the size of transactions, the fees, and to streamline the network, without compromising privacy, one of the focal points of the Monero (XMR) crypto project.

At the moment of this writing, Monero (XMR) trades at $121.84 and is the 12th crypto coin in the market with a market capitalization of approximately $1,98 billion.

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