The Canadian Bitcoiners Podcast - Bitcoin News With a Canadian Spin

Cove Bitcoin Wallet w/ Praveen Perera - The Simple Way to Bitcoin

Mar 28, 2025
In this discussion, Praveen Perera, the founder of Cove Wallet, shares insights about his innovative Bitcoin wallet designed for simplicity and security. He explains how Cove addresses common user frustrations with existing wallets, making transactions easier on mobile devices. The conversation delves into the significance of on-chain transactions, privacy enhancements like CoinJoin, and the wallet's user-friendly features. Listeners also learn about the balance between advanced functionalities and usability, making Cove a compelling choice for Bitcoin newcomers and veterans alike.
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ANECDOTE

Cove's Origin

  • Praveen Perera created Cove Wallet for personal use, driven by the need for a better mobile Bitcoin wallet experience.
  • Existing mobile wallets lacked essential features like coin control and seamless integration with cold storage solutions.
INSIGHT

Bridging the Gap

  • Many Bitcoin users begin with basic cold storage setups for receiving Bitcoin, but later require more advanced mobile functionality.
  • This demand for a user-friendly mobile wallet that works well with cold storage inspired the development of Cove.
ADVICE

Simplify, Simplify

  • Simplify Bitcoin wallets by minimizing unnecessary menus and decisions for users.
  • Cove Wallet's QR code scanner automatically recognizes different formats and imports wallets, simplifying the process.
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