Trezor – Chaintek – Ravencore Wallet

All of the threads concerning these topics seem to be locked so I thought I would update with my recent experience.

Started with RVN March 2018 and created Ravencore wallet, online. That has been my primary Wallet since the beginning, however I gave much thought to storing what I consider to be a substantial amount of RVN in an on-line wallet. There were no issues and Ravencore has been absolutely reliable.

Over the last two years I looked at Ledger and Trezor. I finally decided on the Trezor Model T. Expensive. I played with it but the negative was that it does not natively support RVN. I gave up on it for months but the challenge finally got to me. I thought the Exodus wallet would support the Trezor; wrong! I again searched the Trezor web site for compatible wallets.

I looked at each of the compatible wallets but came away confused (normal for me with crypto topics). I looked at Mango Farms but was totally confused about how it would work. I finally settled on trying to make the Chaintek wallet work. The web site was so basic I was suspicious. What convinced me to move forward was that the developer was involved in other RVN Projects.

After updating the Trezor Suite and the Chaintek Wallet, I had problems with making any sort of connection between the two. After checking with Redit I found that Chaintek only seems to work with Google Chrome, Once I tried logging onto Trezor Suite and opening the Chaintek Wallet I hit "connect with Trezor" and much to my amazement they synced with each other. I tried a test transfer from Ravencore and it went through with no issues. I have since transferred other amounts without issue.

Transfer fees were very low from Ravencore to Trezor Suite (Chaintek) less than one RVN for each transfer. Very fast confirmation. Considering what it cost to transfer Some BTC and ETH from Coinbase and Binance to the Trezor it was an absolute bargain. The confirmation time from Binance and Coinbase took up to a hour or two.

One thing that is a bit disconcerting to me is the un-observability of the Chaintek Wallet in Trezor Suite. They connect to each other but you would not know it by viewing Trezor Suite. The only way I can see any connection is when I open up Chaintek and it says connect with Trezor (or Ledger). Trezor Suite acts as a passthrough to Chaintek; I get it, but I sure would like it if Trezor supported RVN directly. All in all it works as advertised but Trezor could make things easier. The Chaintek Developer has made things so simple it is deceiving.

After all the research and trouble I experienced I can say that I finally settled on what works for me; Mine to Ravencore Wallet, transfer to Chaintek through Trezor Suite. That way you can store your RVN in a cold wallet with no chance of an attack on your major coins. There seems to be some small issue with the amount of RVN you can send to the Chaintek Wallet at one time. There is a limit, but it seems as that limit, at least for me changes. Today. for example, that limit was 50% of what it was three days ago. It just says that I can't transfer that much; I work around it by putting in a different number, eventually it is low enough so the transfer goes through.

One of the ancillary issues I experienced with the Trezor was that the little paper seed word record was disconcertingly weak. I solved that issue with a $60.00 purchase from Amazon of a Stainless Steel leaf type storage holder with Stainless embossed letters that can be inserted in the stainless holder. I was actually impressed; it can hold up to 24 words (example two Trezors) and cannot be easily destroyed by any natural event. It was heavy. The only downside is that it has to be stored in an absolutely secure environment (heavy safe).

The other little issue is general but absolutely security related, is family members telling others about any crypto activities you may be involved in. 99.999% of us are not You Tubers. Even though my daughter and her friends are interested in Crypto she has standing orders to never discuss this with her friends. No one needs to know.

I hope my limited experience helps others trying to navigate the problems of storing RVN offline. I know that Redit certainly helped me solve some problems I had.