COZ releases Neon Wallet 3 with new multi-account, multi-network paradigm

  neonewstoday.com 3 h

COZ has released Neon 3, the latest version of its self-custodial wallet, designed for both desktop and mobile platforms. This new version offers a range of improvements and features to streamline the experience for both new and existing users, and includes support for Neo X.

Setup and Migration

For new users, getting started with Neon 3 is straightforward. After downloading and opening the application, they can set up their first multi-account wallet by choosing a master password and saving a BIP-39 seed phrase. After a wallet has been created, users can create new accounts for Neo N3, Neo Legacy, Neo X, or Ethereum.

Existing Neon users will need to follow a migration process. By opening the previous version of Neon, users will receive a prompt to migrate their accounts. Following the prompt will guide the creation of a migration file, which can be imported with Neon 3.

After installing the new version and selecting the migration option, users are prompted to set a single password to be used for the migrated accounts. Users can select which accounts to import and provide the respective passwords used in Neon 2. Once complete, the migrated wallet will be ready for use in Neon 3.

In the initial release, Ledger hardware wallet users will need to create a wallet before connecting their device and opening the corresponding app. This will allow Neon to detect the device and display all derived addresses with token balances (with an option to derive additional addresses as needed). According to COZ, an anonymous login option will be added in the near future to let Ledger users skip the password login step.

New Design and Features

Neon Wallet 3 introduces a revamped design, beginning with the Portfolio page. This page offers a comprehensive overview of all accounts, showing token balances and price estimates. Additionally, users can access tabs to view aggregated activity and dApp connections.

Neon Wallet 3. Source: COZ Medium

The Wallets page is the home of the new multi-account paradigm, allowing users to manage accounts across various networks, including Neo N3, Neo X, Neo Legacy, and Ethereum. Customization options are available for labeling and coloring accounts.

Accounts are controlled from the accounts sidebar. Selecting an account allows a user to view and manage NEP-17 and NEP-11 balances, claim GAS, and explore transaction activity. From this screen, users will be able to initiate connections with dApps that support WalletConnect, such as the official Neo governance portal and the Flamingo and Forthewin decentralized exchanges.

The dedicated pages for Send and Receive remain functionally equivalent to Neon 3’s predecessor, excluding some design refinements and multi-account accommodations. The Contracts page also remains, but is now enhanced via its shared use across all wallets and accounts.

The Settings menu should be familiar to existing users, with the addition of Neo X and Ethereum network configuration options, and tweaks to the security panel to work with the new global password feature.

More details on the update and migration process can be found on the official COZ website:
https://www.coz.io/neon-wallet

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