5ireChain
3 min readFeb 1, 2024

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Check out the latest version on the Chrome Web Store and experience the enhancements first-hand!

In the ever-evolving world of Web 3.0, adapting to user needs is crucial. 5ire’s Wallet Extension 0.2.0 is a pivotal update, reflecting our dedication to a seamless and secure crypto experience. Notable features include a redesigned interface, upgraded signature algorithm for heightened security, MAX balance control for user flexibility, HD wallet integration for streamlined asset management, and various enhancements promoting efficiency and convenience. We want to keep enhancing user experience, emphasizing security, flexibility, and user empowerment. Let’s dive into the highlights of this update.

Redesigned and Enhanced Wallet Extension:

You’ll first notice the revamped and improved wallet extension interface. 5ire has invested time and effort in refining the user experience, making it more intuitive and visually appealing. The redesigned wallet extension simplifies navigation and streamlines the user interface, ensuring users can effortlessly manage their crypto assets.

Change in Signature Algorithm:

Security is a top priority, and with this update, 5ire has upgraded the signature algorithm from Edwards to Schnorr. This cryptographic enhancement enhances the overall security of the wallet, providing users with peace of mind as they navigate the crypto landscape.

MAX Balance Control:

Flexibility is key, and 5ire understands that. The new MAX balance control feature empowers users to set maximum limits for transfer and swap amounts. This customizable option puts users in control, allowing them to manage their funds according to their preferences and risk tolerance.

HD Wallet Integration:

5ire’s commitment to user convenience is evident in the integration of Hierarchical Deterministic (HD) Wallets. Now, users can manage multiple accounts with a single mnemonic. This streamlines the process of handling various crypto assets, making it more convenient for users who engage with multiple cryptocurrencies.

Existential Deposit Support:

The 5ire team has introduced Existential Deposit support, adding an extra layer of security to your transactions. This feature ensures that your transactions remain secure and protected against potential threats, further solidifying 5ire’s commitment to user safety.

Resolved Constant Loading Issues:

Say goodbye to constant loading frustrations! The update addresses and resolves any lingering loading issues, ensuring a smoother and more responsive user experience. Users can now enjoy the wallet extension’s features without interruptions.

Option for Removing Derived Accounts:

To cater to users who prefer a clean and organized wallet, 5ire has introduced the option to remove derived accounts. This customization feature lets users declutter their interface and focus on the accounts that matter most to them.

Automatic Balance Update:

Stay updated effortlessly with the automatic balance update feature. No more manual refreshes — your wallet balance will automatically reflect the latest transactions, providing you with real-time insights into your crypto portfolio.

Queuing for Multiple Transactions:

Efficiency meets functionality with the introduction of queuing for multiple transactions. Now, users can queue up multiple transactions, allowing for a more streamlined and organized approach to managing their crypto activities.

More information about 5ireChain can be found by clicking on the following links:

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5ireChain

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