Synonym has unveiled the full availability of Bitkit, its self-custodial Bitcoin wallet, on both iOS and Android app stores.
This launch signifies Bitkit’s shift from beta testing to a public release, enabling users to oversee their Bitcoin (BTC) transactions without the need for intermediaries.
In a statement provided to Cointelegraph, John Carvalho, the CEO of Synonym, highlighted the importance of user security and control. Bitkit will facilitate both onchain BTC transactions and Lightning Network support while presenting a secure and user-friendly interface.
Carvalho stressed Bitkit’s ethos by ensuring users have full control over their assets without the risk of third-party interference or censorship.
The rise in custodial wallets, which necessitate third-party entities to safeguard user assets, has sparked concern among BTC users who prioritize decentralization. Bitkit’s commitment to self-custodianship addresses these concerns, providing users with ultimate control over their assets.
Looking ahead, Bitkit’s roadmap includes a comprehensive rewrite following the initial launch. This process involves a thorough overhaul of the software’s codebase to enhance performance, maintainability, and security while incorporating new features based on user feedback.
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