# Yoroi | Safest Cardano Wallet

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Yoroi Wallet: a Cardano Open-Source Wallet

Yoroi is an open-source wallet for Cardano used to send, receive, and store ADA. As the first product developed by EMURGO, Yoroi offers speed and security in addition to a simplified user interface that doesn’t compromise functionality.&#x20;

The open-source nature of the Yoroi wallet enhances trust and provides an additional layer of security as potential vulnerabilities can be identified and addressed collaboratively by the community. &#x20;

Ensuring users have a reliable and transparent means to manage their digital assets was the primary focus during the development and design of the Yoroi wallet. Managed by EMURGO, the Yoroi wallet undergoes regular updates, audits, bug fixes, and new feature releases to ensure it remains up-to-date and responsive to user needs.

What Does it Mean to be Open-Source?

An open-source crypto wallet refers to a wallet whose source code is accessible to the public. Although the open-source nature doesn’t ensure absolute security, it enhances credibility. Rather than relying solely on developers’ trustworthiness and their ability to avoid critical errors or malicious activities, individuals with the necessary skills can independently verify the code’s functionalities. In contrast, a closed-source wallet requires trust in the developers, whereas an open-source crypto wallet relies on trust in the code itself.

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