Pillar is a cryptocurrency with an already existing token on the market. The token can be bought on ForkDelta, Cryptopia, HitBTC, and IDEX.
Here is a general road map for the Innovative Pillar wallet from the website:
Registration This wallet will be a normal “self storage” wallet with email address and 12-words seed. Have to require that they back up their seed.
What this Means: The 12 word seed is a very strong password and is used to back up your account if you lose the passwords.
Receive ether Give their address and QR code. Show that ether has been received.
In order to send ether you need you address where you receive your token.
Send ether Paste or scan a QR code to send ether to.
Use someone else's address to send ether to a person that us buying the ether from you.
Move in Pillar tokens People can get their wallet address and QR code sent to them in an email, then they can send their Pillar tokens to their wallet.
Dashboard See assets and market value (market value not a strict requirement at this point but would be nice).
See history See previous transactions (would be easier if our blockchain explorer project were ready (does anyone want to join us and be the product owner of our blockchain explorer?), but this is not too difficult with the Etherscan API).
Fill out your profile. This will be handy for other things, later. The information will be stored in off-chain encrypted storage (you’ll have several to choose from eventually).
Get help in the app Contact form that sends a support email. Keep in mind that support is done by third parties, not by Pillar.
About Pillar Something about our culture and ethos.
After this is working, make it possible to see and store all ERC20 tokens. Note that the tokens aren’t tradable on this wallet. No exchange.
The thing that I'm most excited about in pillar's platform is phase 3 or the grandma wallet. This wallet is easy even for a grandma to do or someone that is unfamiliar to crtyptocurrency. This is huge because as cryptos grow and get larger it will be inevitable that more and more people will be extremely interested in the them for money and investment purposes.
Thank you for reading this article and if you have any questions comment below and I will get back to as soon as possible.
Disclaimer: This article was made as an entry to the pillar contest.
