Wallet Introduction

Raptoreumcore is the only wallet officially supported by the Raptoreum Team

What is a Wallet?

In the world of cryptocurrencies like Raptoreum, a wallet is a software application that allows you to store, send, and receive digital coins and or assets. It works similarly to a physical wallet, but instead of holding cash and cards, it holds your digital assets.

Core Wallet

What is a Core Wallet?

A core wallet, also known as a full node wallet, is a type of wallet that stores a complete copy of the blockchain. The blockchain is a digital ledger that records all transactions ever made with a particular cryptocurrency.

How Does a Core Wallet Work?

  1. Full Blockchain Data: The core wallet downloads and stores the entire blockchain on your device.
  2. Validation: It validates all transactions and blocks, ensuring the integrity and security of the blockchain.
  3. Direct Interaction: It interacts directly with the blockchain, providing the highest level of security and privacy.

Pros and Cons of Core Wallets

Pros:

  • High Security: Direct interaction with the blockchain ensures maximum security.
  • Privacy: No reliance on third-party services.
  • Decentralization: Helps maintain the decentralized nature of the network.

Cons:

  • Resource Intensive: Requires significant disk space and computing power.
  • Slower Setup: Downloading the full blockchain can take time.

Lite Wallets

What is a Lite Wallet?

A lite wallet, also known as a light wallet, does not store a full copy of the blockchain. Instead, it relies on third-party nodes to access blockchain data, making it more resource-efficient.

How Does a Lite Wallet Work?

  1. Simplified Data Storage: Lite wallets store only essential information and rely on external nodes to access the full blockchain.
  2. Third-Party Nodes: They communicate with third-party nodes to verify transactions and balances.
  3. Faster Setup: They are quicker to set up because they do not require downloading the entire blockchain.

Pros and Cons of Lite Wallets

Pros:

  • Less Resource Intensive: Requires less disk space and computing power.
  • Quick Setup: Faster and easier to set up and use.

Cons:

  • Reduced Privacy: Relies on third-party nodes, which may compromise privacy.
  • Less Security: Slightly lower security compared to core wallets due to reliance on external services.
  • May not have all features and options of a core wallet.

Types of Wallets Supporting Raptoreum

Raptoreumcore Wallet

The Raptoreumcore wallet is the official wallet supported and maintained by the Raptoreum team. It is a core wallet, providing the highest level of security, privacy, and decentralization. As the official wallet, it receives new features and updates first.

Zelcore

Zelcore is a multi-asset wallet that supports Raptoreum and other cryptocurrencies. It is a lite wallet, offering a user-friendly interface and multi-platform support.

Komodo Wallet

Komodo Wallet is another multi-asset wallet that supports Raptoreum. It provides a good balance between usability and security, making it a popular choice for many users.

Vidulum

Vidulum is a web-based multi-asset wallet that supports Raptoreum. It allows easy access from any device with an internet connection, offering convenience for users on the go.

Forsa Wallet

Forsa Wallet is a lite wallet that supports Raptoreum. It is designed to be easy to use and provides essential features for managing your RTM. It also integrates to Pecunias Smartnode service allowing you to setup Smartnodes directly from the Forsa wallet.

Choosing the Right Wallet

When deciding between a core wallet and a lite wallet, consider your needs for security, privacy, and resource availability.

  • Core Wallet (Raptoreumcore): Best for users who prioritize maximum security and privacy and are willing to use more resources.
  • Lite Wallets (Zelcore, Komodo Wallet, Vidulum, Forsa Wallet): Ideal for users who need a quick, easy-to-use solution with lower resource requirements.

Understanding the differences between these wallet types will help you make an informed decision that best suits your needs.