What is Ravencoin Wallet?

Ravencoin is a fork of Bitcoin and is a dedicated peer to peer asset transfer forum Ravencoin enables you to trade on any real-time assets like gold or digital assets like software licenses. Ravencoin is predominantly a very new coin, launched in January 2018. Ravencoin is built on a fork of the Bitcoin (BTC) code based on the extensive development and testing of the UTXO model of the Bitcoin protocol, Ravencoin is created with the intent of prioritizing user control, security and censorship resistance. There are three types of Ravencoin tokens on their network- unique tokens, reward tokens, and non-asset tokens as per Ravencoin wallet update.

The single very important thing that Ravencoin has carried on from Bitcoin is the Unspent Transaction Output (UTXO) model wherein an unspent transaction output is used as the input for the next transaction. The fact that this specific functionality of Bitcoin is carried over into the new fork instills a little more faith in the Ravencoin platform, token, and blockchain.

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List of top 7 Ravencoin wallets in 2020

The top 7 Ravencoin wallets in 2020 are:

Trust Wallet

Ravencoin Desktop Wallet

Trezor Wallet

Edge Wallet

Ravencoin Paper Wallet

Pocket Raven Web Wallet

Guarda Wallet

#1 Trust Wallet

Trust wallet is one of the most trustworthy wallet that supports Ravencoin and many other cryptocurrencies. After Binance acquired Trust, the credibility became higher. It provides end to end privacy, where you can make the transactions with high security, where you can have complete control over your private keys. You can download it in your Android and iOS mobile.

Click here to access Trust wallet

#2 Ravencoin Desktop Wallet

Ravencoin has its own official desktop wallet as well, which supports all the operating systems- Mac, Windows, and Linux, so you don’t have to change or update your operating system. They are among the most secure wallets until and unless your computer gets hacked or attacked by a virus. You need to save your 12 wallet seed words because this is the only way to recover your wallet. The best part is that it has been tagged as one of the best Ravencoin wallets Mac, categorizing it as one of the top Ravencoin wallets in 2020.

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#3 Trezor Wallet

Trezor wallet seems to have established its strength in terms of its security architecture, along with its inbuilt adaptability to future growth through the Open-Source Firmware. Physically, the addition of the RGB LCD screen has an instant appeal, however, there is some consensus in the fact that the increase in the price of Model T over the previous versions is disproportionate to the value-added. A great feature added to it is the device authentication that has to be completed on the device even before its connected to your computer. The device is designed to draw power from your computer if and only if you successfully enter the security code; USB communication has therefore been made quite tamper-proof.

Click here to download Trezor wallet

#4 Edge Wallet

Edge wallet is one of the most prestigious multi-currency wallets, which can be used even by beginners. You can buy, store and trade multiple cryptocurrencies in a single app, where you are in total control over your private keys. Edge is focused on user privacy and security, hence they adhere to cutting edge technology where the users can have secure access with just a PIN or touch ID.

Click here to access Edge Wallet

#5 Ravencoin Paper Wallet

A paper wallet is nothing other than your private keys being printed on a piece of paper. Paper wallet generators often print the QR codes as well to make transferring tokens easier. But the main attraction of a paper wallet is that it has nothing to do with the internet, meaning there is no possible way for a hacker to steal your coins. This makes the security of the Ravencoin paper wallet extremely high as the user himself has to make sure the printed paper remains secure.

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#6 Pocket Raven Web Wallet

Pocket Raven is an open-source wallet written in javascript, offering a fully transparent and multisig solution that works seamlessly with Raven. You get quick access to the online wallet, where you have the entire control over your private keys. With Pocket Raven wallet, you can create, verify, and broadcast transactions seamlessly with minimal effort. This online wallet is one of the best Ravencoin wallets as per the Ravencoin review.

Click here to download Pocket Raven wallet

#7 Guarda Wallet

Guarda Wallet is a top multi-currency wallet that allows users to send, receive, exchange, manage and store coins from over 45 blockchains and thousands of tokens. It also supports human-readable addresses and delegation.

The wallet provides complete privacy and safety to the users, especially with its multi-signature feature, enabling users to validate transactions with two or more signatures. Being a non-custodial wallet, it does not store any personal data of the users instead encrypts the backup and keeps it onto the user's device.

The wallet is very user friendly with its interfaces compatible with Web, Desktop, Mobile (iOS, Android) and Chrome Extension versions. Guarda has a built-in exchange and staking option as well.

Click here to access Guarda Wallet.

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