Introducing the Ferrite Multiwallet

Ferrite-Coinhana Multiwallet Check it out: https://ferritecoin.org/multiwallet The idea behind the Multiwallet is to create a single hot wallet for altcoins that you wanna speculate on and also to keep some spare change for those little micro transactions. Follow us on social: Ferrite Telegram group | Ferritecoin Twitter/X | Merchandise A bit about Ferritecoin: Website | Block Explorer | Source code (FEC) | Info on Ferritecoin | Ferritecoin's economic background History So, back on November 22, 2025, we rolled out the long-awaited Ferrite-Coinhana Multiwallet, and it matched the 3rd birthday of Ferritecoin, which started on November 22, 2022. Just so you know, Coinhana is a holding group I lead, but we don’t create any crypto assets, just trading. If you wanna check out more about Ferritecoin's launch, there's some info here: https://this forum.org/index.php?topic=5434601.0g Over the years, Ferritecoin has transformed from a small PoW project into a growing ecosystem. It used to be listed on some minor exchanges like SnowflakeX (which rugged), BitxOnex (also rugged), Bimex (yep, rugged), and XeggeX (definitely rugged). As usage went up, we noticed a problem when users were keeping their coins on trading platforms, mostly because many were using mobile. This led to the first version of the Ferritecoin wallet https://ferritecoin.org/wallet, which later got upgraded to support multiple coins that Coinhana invested in, like FNNC (Fennec) and Cyberyen (CY), along with other altcoins. Now, the Ferrite Multiwallet is set to tackle this issue by giving users a multi-asset wallet with detailed UTXO management and multiple addresses for each coin per user.

Already have an official Ann thread in the Announcements (Altcoins) board: https://bitcointalk.org/index.php?topic=5434589 Why you chose post this here when the official ANN thread for Ferrite Multiwallet hasn't been updated since last May 2025? It's not a duplicated topic but a it might be a discussion thread for altcoins listing or whatever, but keep in mind that those discussion can be done in the main ANN thread. No offense! I am just advising you that two topics would confuse users who would think the two topics are about two different things. This is why better to stick on one thread for active discussions. About the wallet, i would never suggest anyone to use custudial wallets, but i found the concept of avoiding stable coins to get rid off AML enforcement by legislation, and that you don't ask about listing fees. How do you plan to generate profits from the app? If it's free to use wallet, why not open-source?

Thank you for the clarification and no offense taken. I understand the concern about thread duplication and user confusion, so I will explain why this separate ANN exists. The earlier Ferrite ANN thread centers around the coin (Ferrite) and the Multiwallet was originally positioned as a "supporting product" inside the coin ecosystem. Over time, as well as its collaboration with Coinhana, the Multiwallet has evolved into a standalon project with its own goals, roadmap and user base. It supports multiple PoW altcoins with its own revenue model and development cycle independent of Ferrite's core chain, so the Multiwallet was positioned as its own primary project and not merely an extension of Ferrite, to give the Multiwallet a neutral space where non-Ferrite users can participate without needing to sift through unrelated Ferrite-specific content. I agree with you that custodial wallets should always be approached with caution. Users should treat it as a hot wallet, not cold storage. As for revenue generation, we charge the network fee, multiplied by a commission proportional to that, paid in the same altcoin. That will pay off in spades if just one altcoin takes off and goes mainstream out of the many. We can also accept listing fees if cryptoasset developers are rushing, but even then, that is for allocating more resources for the initial blockchain synchronisation, and only after security, stability and technical evaluation. We support open-source principles, but releasing the code too early exposes the Multiwallet project to the risk of well-funded, influential entities that can easily fork the system, rebrand it and overwhelm the original with raw marketing power, leaving the community confused and smaller developers sidelined. The Multiwallet is still in its formative stage, and several interconnected components are planned for the ecosystem. Once the broader system is stable, we can open-source the wallet in a way that benefits users without enabling opportunistic clones to dominate the space.

There is a problem accessing the site, please check it. If the wallet is Custodial, the server can withdraw funds by accessing the private key. You can also impose restrictions on account access, transaction fees, or a blacklist of withdrawal addresses. Describing it as a wallet is somewhat misleading; it's more of an exchange account. You can use DAI.

Thank you for the feedback. You are correct that this is an exchange-style account. There are however differences in how coins are stored, transactions are made, and how UTXOs are exposed to the user. All coins are stored in their original addresses, can be tracked directly in a block explorer and not mixed into an exchange wallet database. On the DAI suggestion, DAI is a decent alternative ERC-20 token on Ethereum which requires a fundamentally different architecture from our Bitcoin-fork-only system. Nothing political or ideological, but tokens don't fit our stack at this stage.