With it, you don’t get any security features except for username and password though and you don’t have access to your private key. On the other hand, the web wallet is somewhat famous among community members for its easy to use interface, immediate buy and sell options, and virtually no resource consumption. Expect your mobile device to stutter and heat up. The mobile version of the wallet doesn’t seem to have any other functions and you will need to download the full blockchain history with it as well. This also raises a red flag for anyone who wants to control the operation of their node on the network. In the Siacoin daemon client, the commands that you can use for extracting information regarding the blockchain are quite limited and makes it a real pain even for professionals to work with. Security wise, you get the option to back up your SEED with a passphrase as well as encrypting the backup file itself. On the other hand, the wallet allows you to rent out your free hard drive space for a certain amount of SC coins, depending on the size of files you get. It is unknown for now why it is happening, but my best bet is just pure lack of optimization.
The user interfaces for the GUI wallets is really resource demanding, making even modern computers stutter and experience difficulties especially during the first 20% of the wallet synchronization and blockchain download. I would like to first talk about the official Siacoin wallets and what they have in common. The total number is four, two of which are official wallets and just one third-party that is a web wallet. As you can see, there is a limited choice in wallets that support Siacoin.
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