EOS wallets push home just how different the EOS ecosystem is when compared to other cryptocurrencies. Those who have not interacted with EOS or the Steem ecosystem will undoubtedly be caught off guard when looking at an EOS wallet as now you will be presented with more than just a token count. EOS is not a cash-based system; it is a utility token that is designed to be used and not only held for profit. The constitution itself states that if an account is inactive for three years (Article XV).
Termination of Agreement
A Member is automatically released from all revocable obligations under this Constitution 3 years after the last transaction signed by that Member is incorporated into the blockchain. After 3 years of inactivity an account may be put up for auction and the proceeds distributed to all Members according to the system contract provisions then in effect for such redistribution.
I am not coming to get into a discussion about Article XV now, but it is a hot topic right now for sure.
Back to wallets. I use both the apps from @greymass and @eosrio daily; both are fantastic tools, but as we are still in the early days more work is needed, I am confident they will deliver and excited to see who comes out on top. Of course, there is no reason we cannot live with both; it may just come down to cosmetic personal preference as the developers have gone in different directions visually. I have listed the current features that I use and some I would like, then compare the two below in the table below.
Have I missed any features that you would like to see?
That's very good to know, thanks. Seems rich in features.
Cool comparison, SimplEOS - despite its namme seems to be quite feature rich, would you recommend it (independently from comparison to greymass)
It is my go to wallet right now as already have multiple accounts.
So yes I recommend it.
Yeah, just checked it out, and i really like. Where did you get the multiple users, to e it says "coming soon" when i click...
I did not use simplEOS to create a separate account, I used https://toolkit.genereos.io/tools, but as I had more than 1 account, simplEOS displays the details for all for them by default which is a really nice touch.
Does it cost (in EOS tokens) to create a new account?
Yes and no. You will need to send some tokens (or a fractional amount) to the newly created account but they can be withdrawn at any time.
Ah yeah, had a look at that too, but then thought, paste the private keys into a website, decided that rather not to.
There is a EOS account creator, which only takes your public key, but they charge 8$ for it, so maybe will wait for SimplEOS to immplement
Do not use that, paying for an account is daylight robbery.
Scatter works with the genereos site, I would never enter my private keys into a web page.
Good review. And thanks for pointing out the 3 year rule. I was unaware of this. I wonder how many will be caught out by this in 3 years time having never voted or moved their EOS!
ty and you are welcome.
If you are worried about losing tokens, you can always delegate your voting power to someone who votes on a regular basis, that way you account will always stay active and you can just HODL away.