FAQ
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Storage & Wallet
Since eMarks exist only in digital form, they require a specific type of wallet.
Technically, a wallet is a storage medium for transaction keys (also known as "addresses"). Such a digital key is generated for each transaction (received or sent) and is inextricably linked to the quantity of units (e.g., eMark) acquired or sold by this transaction. A wallet does not store eMark directly, for example, but only the associated transaction keys, which are used to calculate the total amount of eMark held. In the case of eMark, there is also the special feature that if a certain type of wallet (core wallet) is used, interest is even paid on the balance of eMark stored in it under certain conditions.
In practice, mainly 5 different types of wallets are currently used, depending on personal preference:
On the official eMark website, core wallets (eMark-qt) are currently offered for the eMark for the most common operating systems for downloading to your own PC or MAC.
An online wallet for the eMark is offered e.g. on the site emark.space (no official eMark site). Registration is required for this.
Wallet in the form of an app to download and use on smartphone/tablet. Currently (January 2020), an Android wallet for the eMark is under development. An eMark wallet for IOS is to follow thereafter.
Here paper wallets for the eMark can be created for self-printing. The respective transaction key is printed on this and physically stored together with another private key that unlocks the transaction key.
Special storage medium, usually in the form of a USB stick or chip, on which the transaction keys are also stored physically/offline (cold storage) and can be protected against unauthorized access by additional passwords. According to the prevailing opinion of experts, this is currently the most secure form of storage, since no connection to the Internet is required for the storage itself. Unfortunately, no manufacturer currently offers an eMark-compatible hardware wallet (yet).
- Download eMark Core Wallet (only from the official eMark website!)
- (optional) download bootstrap and unzip it
- (optional) move snapshot files to the folder with the "wallet.dat" file
- Start the eMark wallet
The eMark wallet will then automatically synchronize with the eMark network.
This usually takes several hours.
However, the bootstrap files do not have to be downloaded. However, they significantly shorten the synchronization with the eMark network, which can take several days without bootstrap.
Once installed and synchronized, the eMark wallet subsequently updates itself automatically with the eMark network every time it is started.
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