User avatar
Baloo
Nickel Bitcoiner
Nickel Bitcoiner
Posts: 80
Joined: Thu Nov 02, 2017 7:47 am

Rahakott cryptowallet

Sun Jan 21, 2018 9:12 am

I'd like to find out about the cryptowallet in more detail. Is there any detailed info about it? It's just that on the internet at the moment there isn't very much. As I take it, it's completely new?

User avatar
Keron
Nickel Bitcoiner
Nickel Bitcoiner
Posts: 45
Joined: Sun Oct 29, 2017 8:30 am

Re: Rahakott cryptowallet

Wed Feb 21, 2018 11:23 am

What exactly are you interested in about it? The wallet is relatively new, yes. The beginning of the wallet came on November 13th 2017. Although it appeared so recently, by the end of Janyary 2018 the amount of users was at 1100 people.

User avatar
Baloo
Nickel Bitcoiner
Nickel Bitcoiner
Posts: 80
Joined: Thu Nov 02, 2017 7:47 am

Re: Rahakott cryptowallet

Sun Feb 25, 2018 7:50 pm

Interesting. How does it work anyway? I read on several resources positive reviews about Rahakott. How true are they?

User avatar
Keron
Nickel Bitcoiner
Nickel Bitcoiner
Posts: 45
Joined: Sun Oct 29, 2017 8:30 am

Re: Rahakott cryptowallet

Thu Mar 15, 2018 11:50 am

I think you just need to get an account and see for yourslef. After all, you can sign up for free. The wallet itself is quite simple to work with, I've had it for a couple of months. It constantly improves and adds new coins.

User avatar
Baloo
Nickel Bitcoiner
Nickel Bitcoiner
Posts: 80
Joined: Thu Nov 02, 2017 7:47 am

Re: Rahakott cryptowallet

Mon Mar 19, 2018 9:50 am

I've read somewhere that the setting up was not that easy. There's some mnemonic phrase, right?

User avatar
Keron
Nickel Bitcoiner
Nickel Bitcoiner
Posts: 45
Joined: Sun Oct 29, 2017 8:30 am

Re: Rahakott cryptowallet

Tue Mar 27, 2018 9:13 am

There is a mnemonic phrase, it's used instead of your login and email. That's why setting the wallet up is actually easy. There's no need for verification or email.

User avatar
Keron
Nickel Bitcoiner
Nickel Bitcoiner
Posts: 45
Joined: Sun Oct 29, 2017 8:30 am

Re: Rahakott cryptowallet

Mon Apr 30, 2018 8:23 am

Does anybody know why Rahakott wallet always takes different commissions? I've been using it not for so long, less than a month. It doesn't bother me a lot, I'm just interested.

User avatar
bitkilo
Global Moderator
Global Moderator
Posts: 2973
Joined: Sat Sep 26, 2015 4:08 am

Donate BTC of your choice to 1CUXjTtcmVF3jNTb765XxrNhDKoRwzYKLd

Re: Rahakott cryptowallet

Mon Apr 30, 2018 8:27 am

You can see a news story Bitcoin.com released about the wallet here: https://news.bitcoin.com/pr-new-wallet- ... ccessible/
Please help Ross and his family during this hard time by donating to the https://freeross.org/ fund. Play at the best provably fair Bitcoin games site here: games.bitcoin.com Need a fantastic Bitcoin wallet Pick up some great Bitcoin.com swag here

User avatar
Baloo
Nickel Bitcoiner
Nickel Bitcoiner
Posts: 80
Joined: Thu Nov 02, 2017 7:47 am

Re: Rahakott cryptowallet

Wed May 02, 2018 8:40 pm

When a large number of transactions are committed, the commission increases to ensure speed.
https://image.prntscr.com/image/7ZyhsIO ... ZTsEVA.jpg

User avatar
irikan50
Nickel Bitcoiner
Nickel Bitcoiner
Posts: 53
Joined: Mon Apr 23, 2018 6:57 pm

Re: Rahakott cryptowallet

Thu May 03, 2018 10:09 pm

Does it increase a lot? Can the commission take half the money?

User avatar
rahakottsmm
Posts: 5
Joined: Sat May 05, 2018 4:17 pm

Re: Rahakott cryptowallet

Sat May 05, 2018 4:24 pm

Don't worry, the commission is bearable. The minimal commission is 0.0001BTC. The commission may increase by an average of 0.00005BTC to ensure speed during peak loads, when people sell or buy currency massively. And you won't have to calculate it. The system itself will determine the optimal commission for the amount of your transfer

User avatar
rahakottsmm
Posts: 5
Joined: Sat May 05, 2018 4:17 pm

Re: Rahakott cryptowallet

Mon May 07, 2018 4:01 pm

In April, our service received the following updates:

1) Now the Wallet supports SegWit transactions for Bitcoin
Why is it important? The initial protocol of the Bitcoin network has a restriction, which significantly limits the speed of online transactions. This is the exact reason why, during the peak loads (e.g. December 2017, when Bitcoin reached highs of $20,000 per coin), the ""execution"" of transactions could take from several days up to several weeks, depending on the charged commission fee. Thus, the restriction made Bitcoin inconvenient to use. SegWit solves this problem – it increases the network bandwidth and reduces transaction costs. Rahakott team supports solutions that increase users' comfort when using the service, and in April, our Wallet has implemented this technology.

2) Besides the support for P2SH addresses, from now on, Rahakott.io also supports sending Bitcoins to the native SegWit addresses (bech32)
P2SH addresses (starting with a “3”) are universal and had been used before the SegWit implementation. Bech32 addresses (starting with “bc1”) are a type of addresses, which were introduced by the developers of SegWit. The advantage of this technology is that it lets reduce the size of the commission fee with the help of the smaller amount of transmitted information per transaction. Also, the register is not important for bech32 addresses (e.g. when dictating the address, you don't have to say where the capital/small letters are in the address).
The amount of the bech32 addresses users is gradually growing, and the amount of services supporting this technology is similarly increasing. In the end of April, Rahakott expanded this list of services.

3) Now, Rahakott supports new addresses (CashAddr) for Bitcoin Cash (BCH).
After BCH separated from Bitcoin (BTC), a problem regarding the same wallet names emerged. One could misunderstand a person and, instead of BCH, send BCT to his/her wallet and vice versa (it was difficult to notice the error, since all the wallets that belonged to one person had the same names). Finally, the community of BCH developers has proposed a new wallet names format (which was also due to the fact that the new format would pave the way for further modifications of the cryptocurrency). You will always be able to identify such wallets since their names start with a “q” or a “p” (whereas the old addresses start with a “1” or a “3”).
Rahakott team has already implemented the CashAddr feature list and encourages you to support the transition to the new format.

User avatar
irikan50
Nickel Bitcoiner
Nickel Bitcoiner
Posts: 53
Joined: Mon Apr 23, 2018 6:57 pm

Re: Rahakott cryptowallet

Sun May 20, 2018 10:57 pm

The legend is still fresh but hard to believe. Surely this is camouflage for scammers who make good profit from your money.

User avatar
rahakottsmm
Posts: 5
Joined: Sat May 05, 2018 4:17 pm

Re: Rahakott cryptowallet

Mon May 21, 2018 12:29 pm

You're wrong. Rahakott is a long-term project. And scammers do not live long. If it was one, then why take care of safety. Rahakott pursues a tough policy in this direction. The wallet supports only trusted assets. It has 5 currencies for now – BTC, BCH, LTC, ZEC, DASH. This is due to the fact that experts counted more than 200 vulnerable currencies and tokens in the market.

User avatar
rahakottsmm
Posts: 5
Joined: Sat May 05, 2018 4:17 pm

Re: Rahakott cryptowallet

Mon May 21, 2018 1:41 pm

We are happy to announce, that from now on Rahakott.io supports one more popular cryptocurrency – Ethereum (without smart contracts and tokens).

To get a wallet in ETH, click the button “Wallets”. Type in a random name for the wallet and click “Add”. Your wallet is ready!

The current commission amount for ETH transactions can always be found in our FAQ section (the link is at the bottom of our website’s pages). The current minimal commission for transferring funds to the external Ethereum Wallets equals 0.001 ETH.
We remind you, that our service does not charge any commission for internal transactions (between the wallets that are registered on Rahakott).

User avatar
irikan50
Nickel Bitcoiner
Nickel Bitcoiner
Posts: 53
Joined: Mon Apr 23, 2018 6:57 pm

Re: Rahakott cryptowallet

Tue May 22, 2018 8:16 pm

And how does registration work? I do not like long procedures and verification.

User avatar
Keron
Nickel Bitcoiner
Nickel Bitcoiner
Posts: 45
Joined: Sun Oct 29, 2017 8:30 am

Re: Rahakott cryptowallet

Thu May 24, 2018 6:14 pm

The registration is very simple. The system generates the HD Wallet phrase, 12 words that cannot be memorized. These words must be written down and saved.
This wallet is convenient to use in general

User avatar
Baloo
Nickel Bitcoiner
Nickel Bitcoiner
Posts: 80
Joined: Thu Nov 02, 2017 7:47 am

Re: Rahakott cryptowallet

Mon May 28, 2018 7:44 am

Mind that "save" does not mean clicking the button. This means you need to put it in a safe place. I hope you have not forgotten how to do this, have you? Fast bind, fast find.

User avatar
rahakottsmm
Posts: 5
Joined: Sat May 05, 2018 4:17 pm

Re: Rahakott cryptowallet

Mon May 28, 2018 7:46 am

You can use the second authorization step for greater reliability. It can be one permanent password, or a one-time password system. It's up to you. I'd recommend not neglecting it.

User avatar
Baloo
Nickel Bitcoiner
Nickel Bitcoiner
Posts: 80
Joined: Thu Nov 02, 2017 7:47 am

Re: Rahakott cryptowallet

Wed Jun 13, 2018 6:52 pm

I began to use Rahakott wallet not so long ago. It is quite new and appeared last year. My impressions are not bad in general. registration, you can say, is instant. Funds withdrawal is done quickly. It makes sense to those who like phones like iPhone to pay attention to it, that is, not to be worn out and everything worked well.

Return to “Wallets”

Who is online

Users browsing this forum: cpscoins and 0 guests