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Author Topic: Rahakott - Anonymous multicurrency cryptowallet + mixer  (Read 262 times)
rahakottwallet
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October 08, 2018, 10:52:12 AM
Last edit: October 10, 2018, 09:12:35 AM by rahakottwallet
 #1

  Team rahakott has been busy creating an ideal crypto-wallet for two years. We began with implementing instant registration  —  it literally takes 10 seconds to register and receive a mnemonic phrase for further use of the wallet. There’s no need for your e-mail, phone number, login or even a password.  But if you want an extra layer of security there’s a built-in 2FA.

  In an age where trust is a rare commodity and when exchange services ask to provide personal data, the very idea of anonymous and unregulated world looks absurd under the pressure of intelligence services. Why do you need cryptocurrency when it is regulated by everyone?

  Internal Revenue Service has been tracking transactions  for a long time, moreover, many exchange and wallet services simply giving out personal data of their users. That’s why we have built-in mixer, every transaction is mixed up making your transactions untraceable.

  Rahakott never stores IP logs or any other information about its users. We don’t answer to any government, federal services’ request under any circumstances.

  And yet, why should a regular crypto-holder migrate to Rahakott?
Here are the reasons:
Registration:
10 seconds are enough to register. You don’t need any email, phone, login and even password. There is mnemonic phrase will be generated for you automatically. This mnemonic phrase will be the key to access your funds, important thing is to keep it safe. After registration you can access your funds, literally, in 10 seconds.

Anonymity:
-   All wallets of the service are deterministic. That means new wallet will be created for every transaction, which essentially boosts user’s anonymity.
-   Built-in mixer, which makes your transactions untraceable
-   Wallet is accessible through Tor (onion link)

Safety:
- There’s a risk to be hacked, so all the data on the server is securely encrypted, even developers cannot access it. The only way to access your wallet is your mnemonic phrase.
- Ability to install 2FA on your account.


 Wallet:
At the moment there are already 5 most popular and frequently used currencies:
BTC, LTC, XMR, ZEC, BCH and DASH.
In the future, more new currencies will be added.

 More about a wallet:
- Another interesting feature of Rahakott is its shared wallet capability which allows multiple users to access a single wallet account by creating subaccounts.
- Thousands of transactions are made every day with the help of wallets. Over 10 million dollars in Bitcoin have been seamlessly transferred during the existence of the service, which ensures its credibility.

We have reviews written by many known internet and media sources, here are some of them: 1,  2,  3,  4.

Please, leave your comments, feedback and suggestions!
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October 08, 2018, 12:36:56 PM
 #2

I'm confused about the IP part. You said IP logs are never stored and then you said they get deleted so you are storing them for a certain period of time at first?

I'm also interested in understanding how your built-in mixer work and whether the wallet is compatible with SegWit or not. (bc1)

You still have the downside of having a closed source wallet though. The crypto community has trust issues (and they are not to blame).

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October 08, 2018, 08:13:06 PM
 #3

The mixer is a default feature, right? Because I didn't see the option to enable it.
If I can give a suggestion: the site is easy to understand and easy to use. It literally take few seconds to register. But the user interface really needs to be improved to make it more professional (don't take it wrong, I don't know to do better, critics can be constructive)

@OmegaStarScream

IPs are stored for 30 seconds only

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October 09, 2018, 09:48:43 AM
 #4

whether the wallet is compatible with SegWit or not. (bc1)
According to their homepage, "it's compatible".

Please, leave your comments, feedback and suggestions![/b]
- In regards to available choices for "Favorite exchange" (on "Settings" page), does it (our choice) influence the mixing process in any way?
- What's the maximum number of addresses that we can generate for each wallet (I know it's 50 addresses at a time [I'm asking for overall limit])?

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October 10, 2018, 12:33:58 PM
 #5

I'm confused about the IP part. You said IP logs are never stored and then you said they get deleted so you are storing them for a certain period of time at first?

I'm also interested in understanding how your built-in mixer work and whether the wallet is compatible with SegWit or not. (bc1)

You still have the downside of having a closed source wallet though. The crypto community has trust issues (and they are not to blame).

  Sorry for the confusion. Let me explain it – now we don’t save any info at all, even IP.  Cookies are saved on your side only to establish a session with the certain user, otherwise you will get logged out constantly. IP is not needed at all to keep using our service. Wallet is compatible with SegWit.
  About closed source wallet — service has its own mixer and addresses always keep changing, that’s why there’s no reason for private keys. Specific address is not bound to the specific wallet. If you take a look at localbitcoins or other exchange services, there’s no option to get a private key, because of the same reason — there’s no link between user’s balance and receiving/sending addresses. In addition we are working on the feature that will allow the exchange of cryptocurrency for fiat money.
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October 10, 2018, 12:38:01 PM
 #6

How can we trust you? What is your business model to earn money and maintain yourself?

rahakottwallet
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October 10, 2018, 12:40:54 PM
 #7

The mixer is a default feature, right? Because I didn't see the option to enable it.
If I can give a suggestion: the site is easy to understand and easy to use. It literally take few seconds to register. But the user interface really needs to be improved to make it more professional (don't take it wrong, I don't know to do better, critics can be constructive)

@OmegaStarScream

IPs are stored for 30 seconds only

Strong mixing can be turned on by checking the box “Use strong mixing”, this option is available if you have any funds on your wallet. Here’s the screenshot: https://i.imgur.com/Um2rtRn.png
Can you please clarify your suggestion regarding user interface? What exactly would you wish to be different?
rahakottwallet
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October 10, 2018, 03:40:06 PM
 #8

whether the wallet is compatible with SegWit or not. (bc1)
According to their homepage, "it's compatible".

Please, leave your comments, feedback and suggestions![/b]
- In regards to available choices for "Favorite exchange" (on "Settings" page), does it (our choice) influence the mixing process in any way?
- What's the maximum number of addresses that we can generate for each wallet (I know it's 50 addresses at a time [I'm asking for overall limit])?

Favorite Exchange option regulates where to get exchange rate from, it doesn’t have any impact on mixing process.
Overall maximum number of addresses doesn’t have any limit.
rahakottwallet
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October 10, 2018, 04:21:43 PM
 #9

How can we trust you? What is your business model to earn money and maintain yourself?
  We're planning to profit from exchange operations between various currencies. Basic features of the wallet are free of charge.

  We are functioning as a wallet service for 2 years, and since then we didn’t hear anything bad about us, didn’t have any technical problem, reliable resources writing reviews about us. As a cryptoworld history shows us having legal, registered entity can’t be a guarantee itself, quite the opposite, in fact. Publicity and exposure is a harmful thing for creators of cryptowallets. This way philosophy behind cryptocurrencies would be lost – freedom from supervision. Yes, we defy any mechanisms of control and influence on us and sometimes this comes at the cost of our product image, but we firmly believe that community needs a project like this and this is the way exactly how it should look like. If you think otherwise, I want to hear your point on how anonymous wallet should make its way to this world.
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October 11, 2018, 02:04:24 PM
 #10

The mixer is a default feature, right? Because I didn't see the option to enable it.
If I can give a suggestion: the site is easy to understand and easy to use. It literally take few seconds to register. But the user interface really needs to be improved to make it more professional (don't take it wrong, I don't know to do better, critics can be constructive)

@OmegaStarScream

IPs are stored for 30 seconds only

Strong mixing can be turned on by checking the box “Use strong mixing”, this option is available if you have any funds on your wallet. Here’s the screenshot: https://i.imgur.com/Um2rtRn.png
Can you please clarify your suggestion regarding user interface? What exactly would you wish to be different?


Ok got it, I didn't notice the box. Regarding the user interface, I was referring to something with a better look, something more professional if you prefer, it currently makes me think about a beginner trying to use Bootstrap. Not sure what to suggest

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October 11, 2018, 05:04:19 PM
 #11

How can we trust you? What is your business model to earn money and maintain yourself?
  We're planning to profit from exchange operations between various currencies. Basic features of the wallet are free of charge.

  We are functioning as a wallet service for 2 years, and since then we didn’t hear anything bad about us, didn’t have any technical problem, reliable resources writing reviews about us. As a cryptoworld history shows us having legal, registered entity can’t be a guarantee itself, quite the opposite, in fact. Publicity and exposure is a harmful thing for creators of cryptowallets. This way philosophy behind cryptocurrencies would be lost – freedom from supervision. Yes, we defy any mechanisms of control and influence on us and sometimes this comes at the cost of our product image, but we firmly believe that community needs a project like this and this is the way exactly how it should look like. If you think otherwise, I want to hear your point on how anonymous wallet should make its way to this world.



Fair enough, you have the point of anonymous crypto wallet.
I have read some reviews and yeah it's going pretty well and positive according to the articles.
quote: “over USD 10 million in Bitcoin were transferred through the service, which inspires trust. Quick, instant and friendly support by the wallet developers. Should you try out the wallet? Definitely/ The service is supremely hospitable, and is always ready to welcome you.”
Hopefully, rahakott team could maintain its credibility and trust over time.
and oh, I like the interface, simplicity is good.

some questions:
- how about the exchange operations between various currencies? are you referring to only cryptocurrencies?
- any option or plan to exchange, deposit, withdraw using fiat currencies (USD/Euro)?
- is there any plan to create the rahakott wallet on iOs and android? or maybe it's already on progress?
- Rahakott was launched on November 12, 2017 Link 2, this means Rahakott has been around for 1 year? slightly less
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October 17, 2018, 07:46:51 PM
 #12

since this seems working since 1 year now i also registered here.
And i have to say register was pretty easy also with TOR !
The front end on the member dashboard looks easy to understand and i find my main coins.



regards
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October 31, 2018, 10:07:34 AM
 #13

  We don’t answer to any government, federal services’ request under any circumstances.


Well that's what other crypto services has said before, but they went down from government pressures. You've been functioning for the last 2 years but to be honest I never heard about your wallet or service before. Anyways, it looks like its wallet built for anonymity, its just safety is my main concern here.

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rahakottwallet
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November 09, 2018, 08:18:04 AM
 #14

Updates:

- QR-code has been added on the transaction sending page
- number of steps has been reduced from 3 to 2
- detailed information about pending transactions and the sending time has been added
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