Coinpunk Crowdfunding Bitcoin Wallet That Apple Can’t Ban

Open-source bitcoin project Coinpunk has launched an Indiegogo campaign in an effort to raise funding for a new wallet solution that could be used on iOS devices without a jailbreak.

Apple has a history of restricting bitcoin-related apps in the app store (which contains over 1 million apps). Thus, Coinpunk is not designing an app, but a web application.

The web application allows users to create self-hosted bitcoin wallets and access them through the browser, rendering Apple’s walled garden approach pointless. The idea of self-hosted wallets is interesting, as many users are still suspicious of online wallets, so they tend to believe their bitcoins are safer in their own hands.

Coinpunk is based on HTML5, and it is accessible from Safari, Apple’s stock iOS browser. Better yet, since it is a web-based HTML5 application, it can be used on almost any platform out there – Windows, Android, Mac OS X, etc.

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