3 Top ZEC Wallets For How YOU ZCash

“What’s the best ZCash wallet?”

A better question is: “Who has the keys to my wallet?”

That’s the first thing that should go through your mind when considering a cryptocurrency wallet… There are certainly trade-offs to every wallet, but let’s say for today that NOT having control of private keys is a deal breaker. With that in mind, below you’ll find details on several types of wallets to facilitate how you ZCash.

With ZCash it seems that the most important question is: “What are you trying to DO with your ZEC?”

1. I’m trying to manage my ZEC on my cell phone!

Jaxx Wallet

  • Jaxx is a Multi-Currency wallet which allows you to manage your crypto on Mobile and Desktop.
  • You get a 12-word seed key at the time of signing up with the wallet: As you own the private keys, this wallet is very safe to store Zcash.
  • You can store many other cryptocurrencies along with Zcash.
  • Jaxx is super user friendly.
  • It is fully open source.
  • Jaxx never holds or has access to your funds – they remain securely in your control on their respective blockchains.
  • If you back-up your Masterseed you will be easily able to recover your wallets if you lose access to the device they were on.
  • Use your Masterseed to view your wallet on iOS, Android, Chrome Extension, Windows, Mac and Linux desktops.
  • The Jaxx Blockchain Interface give you ability to trade your Bitcoin, Bitcoin Cash, Ethereum, Ethereum Classic, Litecoin, Dash, Zcash and a variety of other cryptocurrencies simply, quickly, and securely with as few as two touches.
  • Converting from one asset to another is as easy as that in Jaxx.
  • It should not be used for large amounts of Zcash, but is a great option for day-to-day use or accepting payments on the go.
  • Jaxx supports all eight of the most popular platforms.

2. I’m trying to live off-the-grid in my ZEC bunker!

Ledger Nano S / TREZOR for ZCash

  • Ledger Nano S is a Hardware Wallet which is one of the most secure ways to store Zcash.
  • Once you have bought this tiny device, you need to connect it to the computer and configure it.
  • You will get a 4-Digit Pin which would be backed by a 24-word seed phrase.
  • Private key control: Owned by the user
  • Make sure to store this seed key safely as this would be required if in case you forget the 4 digit pin.
  • Since this is a hardware wallet (cold storage), your coins will be extremely safe from any hack.
  • You can only lose your crypto if you tell the seed phrase or pin to someone.
  • With the Trezor, a 9-digit security code appears on its OLED screen whenever you wish to connect it to your PC.
  • Apart from price there is not much difference between the two.

3. I’m trying to mine ZEC!

ZCash Desktop GUI Wallet

  • This wallet is suitable for users and miners who work on desktop systems and wish to have full control of the ZCash private keys.
  • It communicates with the ZCash server (zcashd) running locally via the zcash-cli program.
  • When installed, it is packaged as one executable JAR file (ZCashSwingWalletUI.jar) and requires Java (JDK7 or later).
  • The details of how to obtain, and install the ZCash Desktop GUI wallet may be found on GitHub.
  • Users who are less experienced with working on  a command line, may instead use this quite-user-friendly installation guide and usage guide.
  • Be sure to perform regular Backups of your wallet.
  • It has all the typical features that might be expected from a desktop cryptocurrency wallet:
    • Balance/monetary amounts
    • List of transactions
    • Status of blockchain synchronization
    • Management of ZCash addresses (including Z addresses)
    • Sending ZCash
  • Known issues and limitations:
    • Wallet versions 0.58 and below, when running on systems with (typically non-western) locales that redefine the decimal point in the OS locale settings, have problems with updating the GUI wallet state. A workaround is to change the locale settings to have dot as decimal separator.
    • Wallet encryption has been temporarily disabled in ZCash due to stability problems. A corresponding issue#1552 has been opened by the ZCash developers. Correspondingly wallet encryption has been temporarily disabled in the ZCash Desktop GUI Wallet.
    • The GUI wallet does not work correctly if zcashd is started with a custom data directory, like: zcashd -datadir=/home/data/whatever This will be fixed in later versions.
    • GUI data tables (transactions/addresses etc.) allow copying of data via double click but also allow editing. The latter needs to be disabled.
    • The list of transactions does not show all outgoing ones (specifically outgoing Z address transactions). A corresponding issue #1438 has been opened for the ZCash developers.
    • The CPU percentage shown to be taken by zcashd on Linux is the average for the entire lifetime of the process. This is not very useful. This will be improved in future versions.

Resources:

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