I need assistance.

[Apexglobal]

Hi,  I'm new to XPR.  Can some please recommend a safe mobile wallet to my XPR. 

I stumbled into toast wallet, but don't really know how safe it is. 

[Benchmark]

Toast Wallet is a decent wallet if you want to keep your XRP on your mobile phone. The developer is also a member here if you have further questions: @ToastWallet

Though it is generally understood that a paper or cold wallet is the safest option. Always do test transactions before transferring all XRP to any wallet.

[Guest]

2 hours ago, Benchmark said:

Toast Wallet is a decent wallet if you want to keep your XRP on your mobile phone. The developer is also a member here if you have further questions: @ToastWallet

Though it is generally understood that a paper or cold wallet is the safest option. Always do test transactions before transferring all XRP to any wallet.

Paper wallet is a good safe option for long term cold storage. If you need to send XRP from your paper wallet you can use Toast’s offline transaction functionality. 

 

[Guest]

That's awesome @ToastWallet that you can do offline transactions.  Great stuff.

[XRPHdlr]

I'm using Toast too for about a month and I haven't had any issues!

[RIPe]

Bought Nano S Ledger last year.  One of the best investment I made!

[Champipple]

On 2/16/2018 at 5:58 AM, ToastWallet said:

Paper wallet is a good safe option for long term cold storage. If you need to send XRP from your paper wallet you can use Toast’s offline transaction functionality. 

 

I just installed Toast on my desktop as I just found out Rippex is discontinuing their wallet. Everything went smooth and I entered my secret key and Toast showed my zerps. Why are the same zerps  still showing under the Rippex wallet?  I get that the Ripple address is the same but am confused?  Aren’t Rippex and Toast basically doing the same thing? 

Edited February 17, 2018 by Champipple

[Guest]

1 minute ago, Champipple said:

I just installed Toast on my desktop as I just found out Rippex is discontinuing their wallet. Everything went smooth and I entered my secret key and Toast showed my zerps. Why are the same zerps  still showing under the Rippex wallet?  I get that the Ripple address is the same but am confused?  Aren’t they basically the same thing? 

They both are looking at the same XRP wallet which is actually on the XRPLedger distributed across nodes all over the planet.

Each piece of wallet software is really only a tool for looking at and transacting with that distributed ledger wallet.  So they show the exact same balance because they both point at the exact same thing....   your XRP wallet.

Also...  people who put their XRP 'in' their Nano hardware wallet are really only storing the secret key in the hardware...  the XRP are out on the distributed ledger because that's where XRP exist and where they can only exist.

[Champipple]

7 minutes ago, Tinyaccount said:

They both are looking at the same XRP wallet which is actually on the XRPLedger distributed across nodes all over the planet.

Each piece of wallet software is really only a tool for looking at and transacting with that distributed ledger wallet.  So they show the exact same balance because they both point at the exact same thing....   your XRP wallet.

Also...  people who put their XRP 'in' their Nano hardware wallet are really only storing the secret key in the hardware...  the XRP are out on the distributed ledger because that's where XRP exist and where they can only exist.

Thanks Tiny. That makes sense

[Guest]

13 minutes ago, Tinyaccount said:

They both are looking at the same XRP wallet which is actually on the XRPLedger distributed across nodes all over the planet.

Each piece of wallet software is really only a tool for looking at and transacting with that distributed ledger wallet.  So they show the exact same balance because they both point at the exact same thing....   your XRP wallet.

Also...  people who put their XRP 'in' their Nano hardware wallet are really only storing the secret key in the hardware...  the XRP are out on the distributed ledger because that's where XRP exist and where they can only exist.

This is the correct explanation.

We often explain it to the non-initiated this way: the Ripple Ledger is like an "online bank" and Toast Wallet is a type of web browser that lets you access it.

[Champipple]

51 minutes ago, ToastWallet said:

This is the correct explanation.

We often explain it to the non-initiated this way: the Ripple Ledger is like an "online bank" and Toast Wallet is a type of web browser that lets you access it.

I feel somewhat initiated now lol. Toast wallet didn’t prompt me for the 20 zerp reserve. Shall I assume my wallet is not activated yet. Is that because I already had enough reserve in my Rippex wallet? 

So the number of wallets you have are really immaterial aside from having the 20 XRP reserve requirements and knowing all your pass keys? 

Thanks. I will be sending a donation for all your help. 

 

[Guest]

1 minute ago, Champipple said:

I feel somewhat initiated now lol. Toast wallet didn’t prompt me for the 20 zerp reserve. Shall I assume my wallet is not activated yet. Is that because I already had enough reserve in my Rippex wallet? 

So the number of wallets you have are really immaterial aside from having the 20 XRP reserve requirements and knowing all your pass keys? 

Thanks. I will be sending a donation for all your help. 

 

Sorry...   I think you've missed the point.   Your wallet IS activated.   It's is the same wallet.   The Rippex and Toast wallets are really software tools to look and operate a XRP wallet which is on the distributed ledger all over the world.  

The number of wallets you have is not immaterial....   you must trust each of those wallet softwares to not steal your key.  Each new software is an additional risk.  Toast have an excellent reputation and I've not seen a bad word about them,  but I am not offering advice here...  just an observation.  You need to do your own research on who to trust.  In your case you have trusted Rippex and now Toast and as far as I know no one has ever been ripped off by either.

But if NoNameWonderWallet software was advertised and "they pay interest on your XRP" then it would be really dumb to import your secret key into their software.  Because the secret key is the real owner of the XRP.  Whoever has the key can do anything with the XRP they want.

[Guest]

It's actually a shame that the word wallet is used at all.  Because as Toast said above,  what they really have is a kind of viewer (and transaction builder) for the online account of your XRP.  Same with Rippex and Nano and every other 'wallet' out there.

EDIT:.    The softwares are also a storehouse for your secret key.  That key is what lets them operate the actual 'wallet' out on the XRPLedger.  Each transaction must be encrypted by the secret key.  So the job of the software is to protect your key, let you view the XRPLedger, and build and encrypt your transactions for you.

The key is the key!   If you let me see it the. I can transfer your XRP out of your account in seconds....  So keep it away from cameras and prying eyes.  Also never loose your key or your passwords....  because there is literally no way on earth to recover your XRP if you can't provide either that secret key or the passwords to your wallet software.  (Either will let you get at your XRP)

Edited February 17, 2018 by Guest

[Champipple]

4 minutes ago, Tinyaccount said:

Sorry...   I think you've missed the point.   Your wallet IS activated.   It's is the same wallet.   The Rippex and Toast wallets are really software tools to look and operate a XRP wallet which is on the distributed ledger all over the world.  

The number of wallets you have is not immaterial....   you must trust each of those wallet softwares to not steal your key.  Each new software is an additional risk.  Toast have an excellent reputation and I've not seen a bad word about them,  but I am not offering advice here...  just an observation.  You need to do your own research on who to trust.  In your case you have trusted Rippex and now Toast and as far as I know no one has ever been ripped off by either.

But if NoNameWonderWallet software was advertised and "they pay interest on your XRP" then it would be really dumb to import your secret key into their software.  Because the secret key is the real owner of the XRP.  Whoever has the key can do anything with the XRP they want.

Ok so when I buy Zerps again and transfer them from an exchange to my Toast wallet , then my zerp balance will show up on any active wallet I have because it’s recorded on the ledger. 

I think immaterial was the wrong choice of words, and that technically you can have as many wallets as you want is what I meant. Obviously not a prudent thing to do. 

[Guest]

3 minutes ago, Champipple said:

Ok so when I buy Zerps again and transfer them from an exchange to my Toast wallet , then my zerp balance will show up on any active wallet I have because it’s recorded on the ledger. 

I think immaterial was the wrong choice of words, and that technically you can have as many wallets as you want is what I meant. Obviously not a prudent thing to do. 

Yes that's correct.   I just edited my post to add some more...  Perhaps look if you are interested.