Ravencoin is a fort of Bitcoin, and is dedicated to peer to peer transfer of assets. 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.
The top 5 Ravencoin wallets in 2020 are:
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
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.
Click here to download Ravencoin desktop 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
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.
Click here to download Ravencoin Paper wallet
Click here to download Pocket Raven wallet
CoinSwitch enables businesses to convert over 300 cryptocurrencies with our powerful Fixed and Dynamic rate APIs. CoinSwitch exchange APIs are being used by many top cryptocurrency wallets across the globe like Trezor, Exodus, imToken, Guarda etc. Are you interested in providing your users an option to exchange coins within the wallet? For more information please reach out to firstname.lastname@example.org or refer our API documentation.
CoinSwitch.co is the world’s largest cryptocurrency exchange aggregator which supports 300+ coins and over 45,000+ pairs. It provides an easier way of trading through global exchanges like KuCoin, IDEX, Changelly, Cryptopia, ChangeNow and Changer without creating an account on them. If you are interested in buying cryptos, do give it a try!