Breadwallet was created by Aaron Voisine and Adam Traidman, two silicon valley based developers. It’s main principles are simplicity and beautiful design which I think is sorely needed in the highly complex and confusing world of crypto currency.
But enough waffling, let’s get this show on the road.
Step 1) Download the app
Download the app from the Apple (or Android) store.
Step 2) Create your wallet
Open breadwallet and select “new wallet”
Select “generate new wallet”
On the screen that follows, your seed will be presented. Breadwallet uses a deterministic approach to generating the bitcoin addresses which will be stored in your wallet. Read my previous post to understand more about what this means.
Make sure you write down your seed and store a couple of copies in separate secret locations. It is not recommended to store your seed on a computer or password manager as if your seed is compromised, an attacker can easily steal all of your bitcoins.
Step 3) Meet your new Bitcoin wallet
You will first be presented with the screen below, this shows your new wallet address (technically, one of many contained in the wallet).
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