Review on Rahakott by Stephen Toluwani
Phishing websites have taken claim over Rahakott and users laments losses. Please do not use
Rahakott uses to be a major wallet due to its support for full user anonymity. Using a built in mixer, transactions made using the wallets made tracking impossible and the wallet supports it's services to be used on Tor further increasing it's anonymity support. In my research about the wallet on BitcoinTalk, many users have since the closure of the wallet services in August last year have fallen victim to phishing websites that claims and uses the same interface as that of the disbanded Rahakott wallet with users lamenting loss of funds which are being transferred out of the wallet to to other wallets which indicates the notoriety of the phishing websites in stealing from the unsuspecting users. I will strongly advice everyone to stay clear off Rahakott as it's services has been discontinued a long time ago.
Pros
- There are no positive aspects associated with the wallet as it's services has been discontinued
Cons
- Inactive website where the wallet was being hosted
- Many phishing websites have taken the place of Rahakott and has caused significant losses to crypto users
