Frequently asked questions

Question 1

What is Yoroi?

Accepted Answer

Yoroi is a lightweight software wallet / hot wallet designed for managing Cardano (ADA) and Ergo (ERG) assets through browser extensions and mobile applications. Yoroi focuses on speed, simplicity, and ease of use while supporting secure transactions on the Cardano and Ergo blockchains.

Question 2

Is Yoroi safe & legit?

Accepted Answer

Yoroi is non-custodial and open source, enabling users to retain full control of their private keys. Yoroi has maintained a solid security record with no major scandals, hacks, or exploits. Core safety features include encrypted private key storage, locally generated recovery phrases, optional biometric authentication, and PIN protection.

Question 3

Who created Yoroi?

Accepted Answer

Yoroi was created by EMURGO, a blockchain solutions company founded by Ken Kodama and Nicolas Arqueros.

Question 4

Where is Yoroi's company based?

Accepted Answer

EMURGO, the company behind Yoroi, is headquartered in Tokyo, Japan.

Question 5

How does Yoroi work?

Accepted Answer

Yoroi operates as a browser extension and mobile application enabling users to create or restore wallets through locally generated seed phrases. Yoroi connects directly to the Cardano and Ergo blockchains without requiring users to download the full node. Connectivity options include mobile and desktop browsers, as well as mobile devices via Yoroi Mobile App. Transactions are signed locally on the device, and private keys never leave the user’s environment, providing a secure and lightweight user experience.

Question 6

When was Yoroi launched?

Accepted Answer

Yoroi was launched October 1, 2018.

Yoroi