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Author Topic: Rahakott wallet  (Read 6665 times)

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Offline GardenTopic starter

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Rahakott wallet
« on: December 07, 2017, 10:15:54 AM »

I read about this wallet in the article on new cryptocurrency wallets. I liked rahakott cause the registration process is pretty simple. I've been using it for less than a month now. I also like the fact that in-system transfers are fast and fee-free.


Offline Haran

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Re: Rahakott wallet
« Reply #1 on: December 18, 2017, 06:04:31 AM »
I use this wallet already, registration is super easy. You only need a mnemonic phrase, whithout any emails and phone numbers.

Offline GardenTopic starter

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Re: Rahakott wallet
« Reply #2 on: December 19, 2017, 04:10:43 PM »
What do mean? How does the registration go then? And what can you say about the wallet itself?

Offline Haran

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Re: Rahakott wallet
« Reply #3 on: December 23, 2017, 06:41:10 AM »
The registration is pretty simple and fast. After that you'll get a mnemonic phrase. As for the wallet, it's safe and it has two factor authentication which guarantees additional protection. Plus, each transaction has its own address, it's convenient cause it means more anonymity. All in all, the wallet has a lot of advantages.

Offline GardenTopic starter

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Re: Rahakott wallet
« Reply #4 on: December 26, 2017, 08:34:10 AM »
It sounds nice, I'll check it out. I think the two factor authentication is a good protection from hacking. I also read somewhere that you can get a new password every time you log in. How do I do that?

Offline Haran

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Re: Rahakott wallet
« Reply #5 on: January 22, 2018, 12:41:05 PM »
That is the two-factor authentification. Everytime you randomly get a new password on your phone. Meaning, figuring out the password is an impossible task, it increases the wallet's security.

Offline Haran

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Re: Rahakott wallet
« Reply #6 on: January 28, 2018, 05:36:40 AM »
 8) 8) 8)

Offline Keronik

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Re: Rahakott wallet
« Reply #7 on: January 28, 2018, 05:38:56 AM »
I want to use this cryptowallet for doing business, I've already read that it's comfortable for that, does anyone know what possibilities there are in this sphere with it?

Offline Keronik

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Re: Rahakott wallet
« Reply #8 on: January 30, 2018, 06:53:26 AM »
 ::)

Offline Haran

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Re: Rahakott wallet
« Reply #9 on: January 30, 2018, 07:00:24 AM »
Yes, there are subaccounts that help manage business since they are easy to create for your clients or employees. Much easier to deposit money. Payment links are easily generated. I've got a good acquantance that did that, although he's got just a small online company.

Offline rahakottsmm

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Re: Rahakott wallet
« Reply #10 on: January 30, 2018, 09:04:30 AM »
Thank you for the attention brought to our project. For us that's a good sign that we're moving in the right direction. In terms of doing business. An entrepreneuer can generate subaccounts for their clients, employees or business partners and make payments with them. It's a very convenient function.

Offline rahakottsmm

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Re: Rahakott wallet
« Reply #11 on: February 01, 2018, 01:36:12 PM »
We are happy to announce that Rahakott now supports Bitcoin Cash (BCH).
You can send, receive and store Bitcoin cash within the same account that you used for you bitcoins. We are sure that you will appreciate fast transactions and low fees of Bitcoin cash.
If you already have an account on Rahakott, create a new BCH wallet in 'Wallets' section. All new account will be automatically created with two wallets: one for Bitcoin and another for Bitcoin cash.

Offline Keronik

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Re: Rahakott wallet
« Reply #12 on: February 17, 2018, 04:38:49 AM »
Yes, relatively good. Success is when you have already figured it out a little and just pay out money to your clients.

Offline BlockTechnology

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Re: Rahakott wallet
« Reply #13 on: February 20, 2018, 12:46:45 PM »
Is this an online or offline wallet?

Offline Haran

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Re: Rahakott wallet
« Reply #14 on: February 24, 2018, 01:41:29 PM »
That's the whole beauty of subaccounts. Very quickly and easily you can pay out the money to bitcoin and most importabtly, without commission.

Offline GardenTopic starter

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Re: Rahakott wallet
« Reply #15 on: February 25, 2018, 06:41:12 PM »
Interesting, if it's not my employees, but freelancers, etc? Anyway, people that are working together on one project?

Offline rahakottsmm

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Re: Rahakott wallet
« Reply #16 on: February 26, 2018, 12:19:34 PM »
It's nice to see that our project is interesting to many users. Yes, in the Rahakott cryptowallet one can open subaccounts for their employees, as well as freelancers, business partners, etc. The idea is that you transfer money whithin the wallet, which means no commission, and they take them out if they wish to.

Offline GardenTopic starter

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Re: Rahakott wallet
« Reply #17 on: March 13, 2018, 07:11:46 PM »
Has everyone already seen that the wallet added new coins? What are your thoughts? Will it become more popular? Can it affect the transaction speed?

Offline CryptoCZ

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Re: Rahakott wallet
« Reply #18 on: March 15, 2018, 02:23:54 PM »
Yes, I believe that the project is interesting, especially if they add support for new altcoins

Offline Haran

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Re: Rahakott wallet
« Reply #19 on: March 21, 2018, 05:53:43 AM »
I don't think it'll have any effect on transactions. Then again, if the traffic is higher (greate number of withdrawals and transfers), then there might be some glitches, I think.

Offline rahakottsmm

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Re: Rahakott wallet
« Reply #20 on: March 22, 2018, 11:14:36 AM »
Yes, our wallet now has such cryptocurrencies as Zcash (ZEC) and Dashcoin. From now you can carry out any transactions with them. The withdrawals might take longer, but it's not connected with the new assets. It might happen when all of our clients decide to withdraw coins at the same time. Then it can take more than 30 minutes.

Offline KiraMan

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Re: Rahakott wallet
« Reply #21 on: April 24, 2018, 09:11:10 PM »
Has anybody heard about rahakott wallet? I'd like to try it, but I haven't found any useful information. I came across only semi-official publications and I don't believe them

Offline GardenTopic starter

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Re: Rahakott wallet
« Reply #22 on: April 25, 2018, 11:34:26 AM »
What would you like to know? It's just a regular hot web-wallet. Commission is 0.001BTC. It accepts 5 main currencies BTC, BCH, LTC, ZEC, DASH. It's just a wallet created not so long ago.

Offline rahakottsmm

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Re: Rahakott wallet
« Reply #23 on: April 25, 2018, 11:42:24 AM »
Yes, Rahakott exists since November 2017. The commission can change from time to time. The system automatically checks the workload of the mempool. If the mempool is not overloaded, the commission for transfer to the external wallet will average 0.001BTC. If the mempool is overloaded, the funds withdrawal speed won't change, but the payment to the bitcoin network can increase, but not more than 0.0005BTC

Offline Haran

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Re: Rahakott wallet
« Reply #24 on: April 30, 2018, 06:20:34 AM »
Rahakott provides the speed of money transfer, so the wallet automatically selects a commission so that the withdrawal is fast because not the cost of the commission, but the speed of the transaction is more important for the users. There's no need to dial the amount that you are willing to pay for the transfer of funds yourself (as it is in some other wallet)

Offline rahakottsmm

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Re: Rahakott wallet
« Reply #25 on: May 07, 2018, 01:02:47 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 their 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 (BCT), 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.

Offline Senseiwork

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Re: Rahakott wallet
« Reply #26 on: May 13, 2018, 10:09:04 AM »
Does it work with tokens and game payments? PKT for example

Offline KiraMan

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Re: Rahakott wallet
« Reply #27 on: May 20, 2018, 08:51:04 PM »
Does it work with tokens and game payments? PKT for example


I think that yes because u can trasfer easy

Offline KiraMan

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Re: Rahakott wallet
« Reply #28 on: May 20, 2018, 08:52:09 PM »
Rahakott provides the speed of money transfer, so the wallet automatically selects a commission so that the withdrawal is fast because not the cost of the commission, but the speed of the transaction is more important for the users. There's no need to dial the amount that you are willing to pay for the transfer of funds yourself (as it is in some other wallet)



it's realy hard to gerister properly here, nothing's clear

Offline rahakottsmm

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Re: Rahakott wallet
« Reply #29 on: May 21, 2018, 10:26:47 AM »
You shouldn't make evidence-free accusations. The registration is actually very simple. You are not even asked for an e-mail at the first step. The system provides you with a mnemonic phrase, which must be stored in a safe place and that's it. You can use two-factor authentication and receive passwords via SMS or set a permanent password.

Offline rahakottsmm

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Re: Rahakott wallet
« Reply #30 on: May 21, 2018, 11:31:09 AM »
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).

Offline KiraMan

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Re: Rahakott wallet
« Reply #31 on: May 21, 2018, 04:04:43 PM »
It's a pity that there’re not too many currencies and fiat is not accepted, otherwise I could try it.

Offline Haran

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Re: Rahakott wallet
« Reply #32 on: May 22, 2018, 10:34:23 PM »
There are not so many cryptowallets that accept crypt and fiat at the same time in general.  Crypt is still outlawed in many countries. And to get permission for fiat money you need to go through thick and thin. Probably it makes sense to try. The wallet hasn't done anything bad yet.

Offline Cryptinvest

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Re: Rahakott wallet
« Reply #33 on: October 12, 2018, 01:44:28 PM »
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