Introduction

There are currently two wallet options available:

  • A plugin that you’re able to start with the nodeos server.
  • A standalone daemon that can be run on a seperate server, independent from the nodeos server. << We’re going to be using this option

DO NOT SUPPLY THE FOLLOWING WHEN STARTING THE nodeos server: –plugin eosio::wallet_api_plugin

Important concept

Many people involved in Crypto think about a wallet as something that stores “Tokens”. This is not the correct way of thinking about the wallet.

Coins are not stored it the wallet

The wallet is just a place where key pairs are stored.

The image below illustrates that the keosd daemon can have multiple wallets and each wallet can hold multiple public+private key pairs

Coins are not stored it the wallet

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