Adding Ripio, New ETH Assets, CashAddr, and Sending to Bech32 Addresses
Every two weeks, without fail, we release the latest version of Exodus from the maudlin depths of our underground mansion-lab (it is indeed both a mansion and a lab). This week was no different, and it is my distinct pleasure to bring to you the first in a series of articles that describes, with candor, the many toys that we have added to your friendly neighborhood wallet for you to tinker and toy with as you see fit. These are our extended feature release notes, and I hope that you enjoy reading about them as much as we enjoyed making them.
Exodus Welcomes Ripio
You can now send, receive, and exchange to and from the Ripio Credit Network token (RCN)!
The Ripio Credit Network (RCN) token is a project from Argentina that looks to provide affordable and safe credit lending in my homeland of Latin America, and beyond. It uses the ERC20 token standard, and implements smart contracts to reliably connect lenders, borrowers, and consigners. We have a write-up on RCN token’s competitor, SALT Lending, which you can read here.
New Tokens On The Block…chain!
You can now access new Ethereum Assets from their designated tab in your Exodus wallet. You can send and receive these assets in your wallet, just remember that you will not be able to exchange to or from them using our in-wallet Shapeshift integration.
Bread (BRD)
The proprietary token of Bread, which is a bitcoin wallet that allows customers to earn rewards from banking using the BRD platform.
Genesis Vision (GVT)
A decentralized trust-management platform open to brokers, traders, and managers alike with specific crypto-assets assigned to each party.
Iconomi (ICN)
A platform for buying diversified “digital asset arrays” that spread the risk of investing in crypto-assets amongst many coins and tokens.
Kucoin (KCS)
The official token of the Kucoin exchange that you can use to pay for discounted trading fees on the platform. Kucoin has also stated that they will redistribute 50% of the profits they make on trading fees to holders of KCS.
Medishares (MDS)
A decentralized mutual aid marketplace looking to address inefficiencies around privacy and access in the current process of applying for healthcare.
Pillar (PLR)
A blockchain wallet with an avid community that envisions an app-less marketplace where companies come and interact with you instead of the other way around.
Rivetz (RVT)
A platform that provides smartphone app developers with a means for harnessing the tamper-proof chip in your mobile device.
Santiment (SAN)
An online home base for both novice and experienced market traders that aims to provide the most up-to-date market information, data sets, and news to help you stay ahead of the charts.
Substratum (SUB)
The web 3.0 answer to countries repealing net neutrality, Substratum allows you to earn cryptocurrency by using free space on your computer to host the new world wide web. Doing so ensures that web hosting is decentralized and people can view content without restrictions.
Tenx (PAY)
A mobile cryptocurrency wallet linked to a debit card that is looking to be the definitive link in between moving your money from fiat to coins and tokens so that you can spend from the asset of your choice.
Time New Bank (TNB)
TNB is an ambitious project intended to monetize what is perhaps life’s most precious resource: Time. It is unclear to me precisely how they’ll do so, however, so if you can take a look at their White Paper and get me up to speed in the comments below, I would greatly appreciate it!
Vezt (VZT)
A platform that allows you to participate in ISOs, initial song offerings, where an artist raises money to create a song of which you then own a portion of the rights and royalties.
Your Bitcoin Cash Wallet Has A New Address!
As you may have noticed already, bitcoin (BTC) and bitcoin cash (BCH) “Receive” addresses look very similar and follow the same protocol:
When BCH forked from BTC it only changed a few things about the bitcoin protocol, while keeping features like the method for generating addresses. This is why you were able to claim BCH from your BTC address: any address generated on the bitcoin blockchain is valid on the bitcoin cash blockchain and vice versa. Because of this, people sometimes send bitcoin to a bitcoin cash address, or bitcoin cash to a bitcoin address, by mistake.
To clear up some of this confusion, the developers of bitcoin cash have released a new address format referred to as either the “CashAddr” or “q” format.
Now it will be easier to distinguish between addresses that are meant to receive only bitcoin cash and addresses that are meant to receive only bitcoin. For more information on this new address format, please visit the Frequently Asked Question page for the feature on Bitcoin Cash’s website.
Bech32? We Can Do That Too!
If you’ve received bitcoin from Coinbase lately, or an Electrum Segwit wallet, you may have noticed something funny about the address that sent your assets:
The address circled above is a bech32 address and your Exodus BTC wallet can now successfully send bitcoin transactions to these wallet addresses! Bech32 addresses are different from Pay to Script Hash (P2SH) addresses, which look like this:
The difference between these addresses is in the size of the transactions they create. Old bitcoin addresses, the ones that Exodus currently uses, create transactions with the largest byte sizes, followed by P2SH addresses, and finally, bech32 addresses, which create transactions with the smallest byte sizes.
This is a first step forward for Exodus and is a building block for all sorts of exciting applications in the future!
Was My Password H0dLr0ck3t158…or Satoshibae256?
Now you can double-check your password in the login screen by clicking on the icon to the left of the screen:
If you are getting an “Invalid Password” error when you try to login to your Exodus wallet, double-check that you are entering your password correctly!
Litecoin Fees Just Got Even Lite-er!
Every time you send litecoin from your wallet, Exodus automatically sets the miner fees to ensure a swift and secure confirmation of your transaction. Each of these transactions has a size measured in bytes, and you pay the litecoin miners per byte to send litecoin across the network. We lowered the fees per byte from`0.0095` to `0.003` LTC, so go ahead and hodl or spend your savings. You deserve them!
Next Release Date: March 29th, 2018
That’s all I have for you in this set of release notes. Be sure to pick up the patch we released yesterday, Exodus version 1.47.2, from our releases page. This patch has some handy fixes for displaying the new bitcoin cash address format correctly and showcasing your portfolio so that our beloved donut doesn’t get squashed when you enable a certain number of assets. I will see you in two weeks for the next release, and keep an eye on out for more updates in the meantime!
Please reserve the Medium comments section for lively and honest discussion about the release notes! If you have technical issues with Exodus, our Community Support team will be happy to speedily assist you if you send a descriptive email to: support@exodus.io
