An open-source wallet has launched that offers a simple way to interact with the Stellar network.
Rabet describes itself as “the key” to entering the world of Stellar (XLM), which is one of the world’s oldest blockchains after launching in 2014.
Through an intuitive app that’s available for desktop and mobile devices — alongside browser extensions for Google Chrome, Firefox, Edge and Brave — users can transfer and exchange assets, as well as interact with decentralized apps “in a safe, user-friendly environment.”
Developers can also benefit — and Rabet’s bespoke API enables skilled professionals to interact with Stellar in “the same way Ethereum (ETH) developers do with MetaMask.”
Usability has been a top priority for the Rabet team, and data in its ecosystem is encrypted and stored on local devices at all times. Whereas it can be difficult for everyday consumers to interact with a blockchain for the first time, Rabet offers a “passport” to a vibrant array of Stellar apps.
NiceTrade, a decentralized exchange and wallet that’s based on Stellar, says integrating with Rabet was really smooth — not least because a software development kit (SDK) wasn’t required. They went on to praise how reliable Rabet’s infrastructure is from a user’s perspective.
Others described it as a “simple and uncomplicated way” of ensuring Stellar can be used securely in a web environment — delivering seamless connections to applications without secret keys being shared.
Personalization and control
In an increasingly online world, keeping on top of how our data is used — and the information we share with companies — can be an uphill struggle. Rabet allows its users to effortlessly manage the websites that interact with their wallets and revoke permissions with a single tap if needed.
A clean and simple settings menu also gives users the ability to change their default currency, adjust the auto-lock timer for the wallet, and toggle privacy mode on or off.
Over the past 12 months, Rabet says that it has amassed 3,000 active users per day — all while becoming one of the most popular wallets within the Stellar network.
The project said: “When blockchain technology was invented, perhaps everyone assumed everything would take place in the protocol core layer. However, an important forgotten point was that to make the interaction between users and these networks, we must accomplish a proper user experience and a well-favored user interface. This is exactly the kind of work we are doing for the Stellar network for user interactions with web-based applications and financial operations, such as sending and swapping assets.”
Rabet’s team regularly offers updates on their blog, setting out the improvements made for users and developers alike.
In November, the project launched a governance token, too — transforming community members into stakeholders. A dedicated portal is going to allow RBT owners to vote on major community issues and participate in development.
Overall, 50% of tokens are going to be distributed to users through a plethora of programs — incentivizing holding and providing liquidity. Crucially, 10% of supply has also been earmarked for bug bounties — encouraging the community to uncover potential vulnerabilities, with rewards given based on the severity of the issue detected.
Stellar is one of the world’s biggest blockchains, and the network’s continued prosperity hinges upon innovative projects that allow users to get involved without requiring vast amounts of technical know-how.
And that’s where Rabet comes in — providing a clean interface where Stellar Apps (known as SApps for short) can be used with confidence. Making the most of Stellar’s open network for money has never been easier.
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