Ray Alvarez
news
Reading time: 4 min
Date: 16th Feb 2022

Payvo is Coming

Payvo is coming, and it is going to be our best wallet yet! Read on to find out everything that has changed since our last update, including the transition from a desktop app to a fully web-based application. There is a lot to cover, so let’s get straight into it!

Payvo is Now 100% Web-Based

When we set out to build a next-gen wallet, we had a few key goals in mind:

  1. Payvo needs to be the best white label out-of-the-box solution possible.
  2. Payvo needs to easily integrate with any ARK-based network.
  3. Payvo needs to be user and developer friendly while featuring the intuitive interfaces we have become known for.
  4. Payvo needs to be modern and future-proof.

If you have spent any time with Web3, then you are probably familiar with the major shift towards web-based interfaces for both DeFi and wallet management. The truth is, desktop applications are outdated, so we need to make sure that we keep up with industry standards and trends. There are a lot of benefits with a move towards a web-based application, so let’s take a look at a couple of the most important ones.

Payvo Will Always be Up-to-Date

One of the most frequent support emails we get is that someone cannot see their funds, or they stopped receiving rewards from their delegate, or that their wallet is, in some way, failing to properly update the network data. In almost all cases, the solution is to update the wallet to the latest version.

With Payvo, you will always be up-to-date, meaning you will no longer have to worry whether you have the most recent version or not—it will just work. Period.

This also means that it is easier for us to push regular updates and make changes without disrupting you as the user. This leads to a better development cycle and an ability to create a more seamless interface for the end user.

One App, Multiple Operating Systems

With the shift to a web-based application, Payvo will effectively become ‘one-size-fits-all.’ Whether you are on a desktop, laptop, iPad, or mobile phone, Payvo will provide a unified experience across all of your devices. Simply access the URL, and you are off to the races!

This greatly benefits developers who no longer need to maintain multiple codebases or submit to Apple or Google for approval of the mobile app. This greatly reduces the time required to get your fork up and running and makes maintenance easy.

Not only that, but the web-based application eliminates some of the restrictions caused by the previous use of Electron. This will make some features more efficient and easier to work with (such as web workers). Payvo also loads faster, runs smoother, and generally provides a better experience for both users and developers.

White Label and Built for ARK

The shift to a web-based application is merely one of the only major changes with Payvo. We have spent a lot of time looking at our goals as a company and have put significant effort into getting back to basics. While we originally envisioned Payvo as a multi-wallet that would support BTC, Ethereum, and other assets, we feel like we need to stay squarely focused on providing the best possible solution for the ARK Ecosystem and those who fork the ARK Blockchain Framework.

As such, our goal is to make Payvo the best possible white-label solution for ARK Based networks and focus on making it plug-and-play within the ecosystem. With this change, we will also be moving away from running ‘Live Service’ applications directly from the ARK Ecosystem, SCIC. Everything that we build will be freely available as open-source software for anyone to run. We do not want to be the single point of failure nor pick and choose which networks matter the most. We love all of our bridgechains and want to give each and every one of them the opportunity to provide a robust application suite and set of features to their communities.

All we ask is that you leave the license in place, give us credit where credit is due, and if you get famous, give us a shout and let us know all the cool stuff you are doing!

So When Can We Use Payvo?

We expect to have a public beta version available within the first half of March. The beta version will be fully functional and support the following features:

  • Fully Customizable Networks - Decide which networks you want to see inside the wallet as well as those you don’t want to interact with.
  • Custom Networks - Add any v2.7+ Core-based network to the Payvo Wallet by providing a valid node address.
  • Server Management - Add your own custom nodes for interacting and/or broadcasting transactions. You are in full control (if you want to be).
  • Swap Integration - Payvo will come with built-in integration for both ChangeNow and Changelly at launch.
  • News Feed - Payvo will feature a news feed powered by FTX (previously Blockfolio) for relevant (listed) networks (only ARK at launch).

We could not be more excited to get Payvo into your hands. We believe these changes make for the best wallet we have ever produced and will provide for a more robust, futureproof white label solution for ARK Based Blockchains. Stay tuned to our blog so you do not miss out on the upcoming Beta. We cannot wait to hear all your feedback!

Tags:
Payvo
Wallet
Crypto
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