BlockWallet PriceBLANKInactive

What is BlockWallet (BLANK)?

BlockWallet (BLANK) is a private, non-custodial browser wallet designed for the Web3 ecosystem. Formerly known as Blank Wallet, the project rebranded to BlockWallet and positions itself as a wallet that protects users on Web3 without compromises. The wallet handles all crypto transactions in a confidential manner and uses battle-tested privacy-enhancing technology, including cryptographic proofs that allow users to deposit and mix funds. BlockWallet creates a new wallet address with the required amount of crypto whenever a user decides to withdraw funds, helping obscure the link between deposits and withdrawals. The project began stealth development in November 2020 and conducted a token sale in February 2021, raising $1.80 million. BLANK is an ERC-20 token with a maximum supply of 125 million tokens, and it is also available on the Polygon POS network. The token is expected to ensure the liquidity of the platform and secure its place in the decentralized finance space.

Key Specifications & Tokenomics

• Name: BlockWallet
• Former Name: Blank Wallet
• Ticker/Symbol: BLANK
• Token Type: ERC-20
• Blockchain Networks: Ethereum, Polygon POS
• Ethereum Contract Address: 0x41a3dba3d677e573636ba691a70ff2d606c29666
• Polygon POS Contract Address: 0xf4c83080e80ae530d6f8180572cbbf1ac9d5d435
• Maximum Supply: 125,000,000 BLANK
• Total Supply: 124.99M BLANK
• Circulating Supply: 41,574,316.19 BLANK
• Total Raised: $1.80M
• Public Price (ICO): $0.064
• Category: DeFi, Privacy, Wallet
• CertiK Rating: 3.9

Who created BlockWallet?

BlockWallet was founded by Aleksandras Gaška, who serves as CEO and has been working in the crypto space since 2017. Julian Ariel Martinez is the CTO and Dev Lead of BlockWallet, having been involved in the crypto space since 2020. The team verification status on ICOholder is listed as Verified 0%, with a note that there is a risk that unverified members are not actually members of the team. Tracxn company profile also lists Aleksandras Gaska as the founder of BlockWallet. Detailed public information about the broader team is currently limited.

How does BlockWallet work?

BlockWallet is a non-custodial browser wallet that supports ERC-20 tokens. The BlockWallet extension injects an Ethereum provider on every site that the user visits, allowing seamless interaction with decentralized applications. The wallet uses smart contracts to ensure that only authorized owners can access and manage funds. All information about how assets were deposited into the account is visible only to the wallet owner, and there is an option to hide or show wallet balance to third-party users. BlockWallet has no know your customer procedures, and previous activity is not recorded, so every time a user needs to withdraw or send funds, they start from scratch. The wallet has been an open-source project since its original public release. It supports multiple blockchains out of the box, including Ethereum, zkSync, Polygon, Fantom, Optimism, Avalanche, Arbitrum, BNB, and Gnosis, with hundreds more addable in a few clicks.

What makes BlockWallet unique and valuable?

BlockWallet distinguishes itself through a strong emphasis on privacy, security, and performance. The wallet does not collect or track personal data, not even the user's public address. It protects identity by intercepting requests, removing sensitive details, and relaying only necessary data for transactions. The project is open source, with source code publicly available for review to ensure no hidden backdoors or malicious functions. BlockWallet regularly undergoes audits by top-tier security firms, including Cure53, Least Authority, and X41 D-Sec. The BLANK token smart contract has been audited by Hacken. Additional features include a built-in gas tracker, token allowance revoke, Flashbot Protect RPC, hardware wallet support, and a failover system that switches to a backup node provider if the primary stops working. BlockWallet nodes are exclusive, fast, and carefully maintained for optimal performance, available only to BlockWallet users.

What is BlockWallet used for?

The BLANK token serves multiple functions within the BlockWallet ecosystem. Holders get reduced fees when using the BlockWallet. The token can also be used in the wallet's referral system. It is used as a reward for liquidity providers and to gain access to exclusive features. The launch of the BLANK utility token is expected to ensure the liquidity of the platform and secure its place in the decentralized finance space. BlockWallet itself is used for swapping crypto, bridging between chains directly inside the wallet, buying crypto with a card, adding new chains via a quick network finder, managing token allowances, and interacting with a wide range of Web3 dapps including Dappradar, Curve, Instadapp, Frax.finance, Synthetix, Beefy.finance, Morpho, Abracadabra, Boardroom, Safe.global, Alchemix, Zapper, Dextools, and Oceanprotocol.

How Is the BlockWallet ecosystem developing?

The BlockWallet ecosystem continues to expand its feature set and platform availability. The wallet is available for Chrome with a rating of 4.87, and an update brought the trusted Web3 experience to Firefox users. The project has hosted NOBS Talk With Juli sessions, where BlockWallet's Dev Lead Julian discussed the project's journey, staking, APY milestones, and upcoming features, with limited-edition NFT badges for participants. The team has plans to launch a bug bounty program. BlockWallet also offers a Compare feature for self-custody crypto wallets, a Resource Library, and a Compare Token section on its website. The project maintains an active presence on GitHub under github.com/block-wallet, and its community channels include X, Telegram, Medium, and Facebook.

How to mine BlockWallet?

BLANK is not a mineable cryptocurrency. It is an ERC-20 token issued on the Ethereum network and also available on Polygon POS. There is no proof-of-work mining mechanism associated with BlockWallet. Token distribution occurred through a token sale in February 2021, which raised $1.80 million. The token is used within the wallet's ecosystem for fee reductions, referral rewards, liquidity provider incentives, and access to exclusive features. Users interested in acquiring BLANK can obtain it through supported decentralized and centralized exchanges where it is listed, including Uniswap (V2), PancakeSwap, Hoo, Bilaxy, and Gate.io.

How to keep your BlockWallet Coin safe?

Keeping BLANK tokens safe begins with using the BlockWallet browser extension itself, which is designed with multiple security layers. The wallet supports hardware wallet integration, combining hardware and software wallets for optimal security and Web3 compatibility. Users should utilize the token allowance revoke feature to manage token allowances and reduce the risk of losing funds to DApp hacks and exploits. The Flashbot Protect RPC provides an extra layer of security for transactions. BlockWallet's failover system ensures reliability by switching to a backup node provider if the primary stops working. Because BlockWallet is non-custodial, users retain full control of their private keys and funds. Regular audits by Cure53, Least Authority, and X41 D-Sec, along with the Hacken audit of the BLANK token smart contract, provide additional assurance. Users should always download the wallet from official sources and verify contract addresses before interacting with any token.