Trust Wallet Adds Tezos Wallet (XTZ) Support and a First Look at the Upcoming Staking Feature
Trust Wallet is happy to announce that it has enabled tezos wallet support and will soon add a native token staking feature to the Trust Wallet mobile crypto wallet app.
In our next iteration, tentatively planned for end of Q2 2019, we will add native support for the delegation of all users who would like to stake their tokens and participate in the Tezos on-chain governance.
“Tezos is a leading on-chain governance and PoS protocol and we are excited to work together to bring staking and delegating mechanisms to Trust Wallet mobile users, which allows everyone to be a participant in securing the network and validating transactions,” said Viktor Radchenko, Founder of Trust Wallet. “Additionally, the Tezos Commons Foundation team conducted great work on adding support for Tezos to the Trust Wallet Core, an open-source cross-platform and cross-blockchain wallet library, which made its integration possible for the Trust Wallet mobile app.”
Staking with Trust Wallet
Sending and receiving crypto is just the beginning, and we’d like to introduce you to staking. By staking tokens, you gain the ability to vote and generate an income for validating transactions. This is quite similar to how an individual receives interest for holding their money in a bank account or giving it to the bank to invest. We are working on an entirely new native solution for Trust Wallet, so you can stake all your tokens from one single interface.
Tezos now supported on Trust Wallet
Our mission emphasizes on making cryptocurrency and our wallet as easy and accessible as possible. Trust Wallet already supports Bitcoin, Ethereum, Litecoin, TRX, XRP, all ERC20 tokens, and other digital currencies. Adding Tezos wallet support is an important next step in continuing with that mission.
To add Tezos to your Trust Wallet click on the “🔍” icon in the upper right-hand corner, then locate ‘Tezos’ and click on the “+” sign to enable it:
Tezos is a blockchain that can evolve by upgrading itself. Stakeholders vote on amendments to the protocol, including amendments to the voting procedure itself, to reach social consensus on proposals. Tezos supports smart contracts that facilitate formal verification and offers a platform to build decentralized applications.
The Tezos Commons Foundation is a North American non-profit entity dedicated to the support and growth of the global Tezos community.