Proton, known for its privacy products such as Proton Mail and Proton VPN, has launched a new bitcoin wallet, Proton Wallet, which has raised concerns over the association of BTC addresses with email addresses.
Proton is a company that has over 100 million users and is known for its privacy products such as Proton Mail and Proton VPN. Proton has now launched the Proton Wallet Bitcoin, which is currently only available to some Proton users, while others can sign up for early access.
Proton Wallet is positioned as a stand-alone digital wallet that gives users control over their funds. The wallet supports BTC with the possibility of adding fiat currencies in the future. Features of the new wallet include the ability to send BTC using only the recipient’s email address, two-factor authentication, and a separate passphrase.
However, people have raised privacy concerns because BTC addresses can be associated with Proton email addresses. Analysts believe that this could reduce the level of privacy compared to traditional Bitcoin wallets.
The new Proton Wallet aims to put users in control of their digital assets, but has raised concerns over potential privacy issues. Users are advised to exercise caution and consider potential risks.
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