Mycelium Launches iOS Wallet App, Hungry Users Await Entropy and Bitcoincard

Mycelium has just launched an iOS version of its popular mobile wallet app, until now only available for Android. It requires iOS 8.0 or later and is optimized for the iPhone 5 and 6 models.

It is the second major milestone for iOS wallet apps this week, the first being Coinbase's announcement of its taking over existing work.

The Mycelium app is touted for providing a high level of security, "bank-grade" according to its website, and received the "Best Mobile App" award by Blockchain Blockchain Blockchain comprises a digital network of blocks with a comprehensive ledger of transactions made in a cryptocurrency such as Bitcoin or other altcoins.One of the signature features of blockchain is that it is maintained across more than one computer. The ledger can be public or private (permissioned.) In this sense, blockchain is immune to the manipulation of data making it not only open but verifiable. Because a blockchain is stored across a network of computers, it is very difficult to tampe Blockchain comprises a digital network of blocks with a comprehensive ledger of transactions made in a cryptocurrency such as Bitcoin or other altcoins.One of the signature features of blockchain is that it is maintained across more than one computer. The ledger can be public or private (permissioned.) In this sense, blockchain is immune to the manipulation of data making it not only open but verifiable. Because a blockchain is stored across a network of computers, it is very difficult to tampe Read this Term.info earlier this year.

Mycelium fans, though, are chomping at the bit for the company to finally release/ship its new hardware products. These include Entropy, a USB device that securely generates addresses and stores bitcoins. A company representative indicated that they are ready to ship, only that they are still awaiting the first production batch from the factory.

In latter stages of development is the Bitcoincard which also allows bitcoins to be stored offline. They would interact with the network via radio signals, bypassing the internet.

There are also plans for the Localtrader feature, which lets you locate other users looking to trade bitcoins in person in your area, to become available for iOS.