Takamaka blockchain wallet officially launched

Takamaka, open blockchain developed entirely in Java, is a third-generation platform that allows you to manage two different coins simultaneously: the Green Token (TKG) and the Red Token (TKR). Takamaka is maintained by the Swiss company Ailia SA.

The company recently announced the launch of a native wallet that allows you to manage its tokens and interact, in a simple and intuitive way, with the Takamaka blockchain. Cryptocurrency wallets offer a safe place to deposit your assets, as well as a quick and easy way to transfer your funds to exchanges or different wallets.

The Takamaka wallet

The wallet, which can be used both from mobile and desktop, is currently available for iOS and downloadable from the Apple App Store. The Android version will be released in the coming weeks.

Developed and managed entirely by Takamaka, the wallet is a 100% public solution: it does not store personal information such as location, time and application usage history.

The wallet supports two blockchain tokens: the Green Token (TKG) and the Red Token (TKR). The first token is generated through mining on the Takamaka blockchain, and it is used to pay for transactions, create and manage smart contracts, and obtain rewards from mining activities.

The Red Token has the same capabilities as the Green one, but is not generated through mining. Also, unlike the TKG, its value is always stable and equal to a single dollar: it is guaranteed by the company AiliA SA.

Based on a Proof-of-Stake algorithm

Takamaka is based on a Proof-of-Stake (PoS) algorithm, which is a consensus mechanism in which new blocks are produced and validated through a process called “staking”. On the Takamaka blockchain, the staking process can be performed directly from the wallet: in other words, the funds necessary to support the operations on the network can be managed and maintained from the wallet. In practice, the procedure consists in freezing your Green Tokens for at least one EPOCH (8 days and 8 hours) and receiving rewards directly on your wallet.

The wallet allows you to interact with all the nodes of the blockchain, identifying the name and the level of performance of the main ones.

Upload files directly to the blockchain

The wallet allows users to upload texts, images and video files directly to the blockchain. Moreover, users can apply timestamps on documents as well as send transactions containing text messages of arbitrary length. These uploads can also include hashes of digital content, stored locally or in the cloud.

These operations can be performed both from smartphones and desktops. As for the costs, these are calculated based on the amount of resources used to perform the operation itself.

Takamaka is quantum resistant

The wallet was therefore designed to store and transfer funds. You can easily send and receive money through QR codes, as well as view the amount of coins you currently own and a list of all the transactions you made up to that point.

The wallet was designed to be completely quantum resistant, if necessary: ​​the algorithm that handles block signing and transactions between wallets and nodes is, in fact, qTesla.

For more information on the project, feel free to visit the official company’s website.

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Contacts: Info@takamaka.io