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Cake Wallet Releases Zano Integration and Monero passphrases (v4.23.0)

Cake Wallet version 4.23.0 makes a splash by introducing Zano, passphrases for multiple crytocurrencies, Chainflip integration and more!

Cake Wallet Releases Zano Integration and Monero passphrases (v4.23.0)

Cake Wallet version 4.23.0 makes a splash by introducing Zano, passphrases for multiple crytocurrencies, Chainflip integration and more!

Zano Integration in Cake Wallet

The most notable update is the integration of Zano, a layer 1 open-source cryptocurrency and ecosystem that provides privacy, security, and scalability. It shields transaction details, including sender, recipient, and transaction amount. We feel this level of privacy is crucial for individuals who value financial confidentiality. While you can use Zano as a currency itself, it also offers:

  • Confidential Assets: user-creatable privacy tokens on the Zano blockchain. These tokens are as private as Zano itself. Amounts, addresses, and even asset types are concealed in a transaction.
  • Zarcanum: World’s first Proof of Stake scheme that enhances traditional PoS with untraceability and hidden amounts. Zano has a hybrid PoW/PoS consensus algorithm that alternatives between PoW and PoS blocks. This makes the system less prone to double-spend attacks, improving security.
  • Aliases: Ability to send Zano using a username. More on aliases here.

Our CEO, Vik, testing Zano

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To use Zano in Cake Wallet: Create a new wallet and select 'Zano' to get started.
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If restoring an existing Zano wallet into Cake Wallet, don't forget to include your wallet's passphrase during the restore process (most Zano wallets by default have passphrases) - read further below for instructions to restore wallets with a passphrase.

Thank you to the Zano team and our incredible beta testers who made this possible. We'll be doing followup content, interviews, and blogs to more thoroughly explain Zano and how it separates itself from other cryptocurrencies. To learn more about Zano now, visit their site.

Zano Public Beta From Zano France

New Passphrase Support

For enhanced security, Cake Wallet now supports Monero, Wownero, and Zano passphrases. Think of it as an additional password in addition to your wallet seed. This update introduces the ability to restore wallets with passphrases, and create new passphrases!

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When creating a new Monero, Wownero, or Zano wallet, select 'Advanced Settings' during the creation process, then enter a passphrase for additional security.
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When restoring a Monero, Wownero, or Zano wallet, select 'Advanced Settings' during the restore process, then enter your passphrase to continue the restore process.

Chainflip

Chainflip is a decentralized exchange enabling competitive rates for swaps between Bitcoin, Solana, Ethereum, and more. We're integrating Chainflip in Cake Wallet for users who want:

  • To put less trust in centralized exchanges
  • Potentially better rates. (We do all the number crunching automatically to make this easy for you!)
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You'll find Chainflip listed as a provider in the Cake Wallet swap menu.

Icing on the Cake

  • Important bug fixes
  • UI enhancements make it even easier to navigate the app and manage your crypto.

Read the release notes and get the update on GitHub

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For you extra observant Cake Wallet users: We're launching this update with version 4.23.0 on Android and 4.23.1 on iOS due to an iOS-specific bug that was fixed last-minute. Whichever app store you use should be updated with the proper newest release.

Conclusion

With this latest release, Cake Wallet continues to be a leading privacy-focused, open source cryptocurrency wallet for your safety. We were the first major cross-platform Monero wallet, and the first to implement new privacy tech like Silent Payments for Bitcoin, MWEB for Litecoin, and Zano. Enjoy the new update and please leave your feedback on our forum! Share this blog on socials and tag us for some love back.

The Cake Wallet Team 🍰