Wallet Setup Guide
RatCoin Wallet Setup Guide
Having trouble getting your RatCoin wallet set up?
Don’t Stress, we have you covered with our step-by-step RatCoin Wallet Setup Guide
Whatever your reason for coming to this page, you should find everything you need to get you started in the RatCoin Network. This guide will help you to, step-by-step, set up your very own RatCoin wallet, and show you a few tricks to make your RatCoin life easier.
NOTE: ALWAYS make sure you have backed up your wallet before doing anything, and regularly make sure that you back it up (particularly if there are wallet updates or you add new addresses)
Wallet Setup Guide for Windows
No matter what level of experience you have with crypto or Windows, setting up the RatCoin wallet for Windows is actually quite simple.
To get your RatCoin wallet up and running, simply follow these steps:
STEP 1 – Download the RatCoin Wallet for Windows (which includes a blockchain snapshot*) HERE.
*The blockchain snapshot is simply a copy of the blockchain up to a certain date (8th November 2021). Downloading this will mean that your wallet will sync with the network faster. This download also includes an updated list of nodes already in the wallet, which will allow for faster connection to more peers on the RatCoin network. If you have no idea what any of this means, just know that it all combines to make your wallet setup quick and easy.
STEP 2 – Set up your RatCoin wallet folder
Now that you have downloaded the RatCoin wallet and blockchain snapshot go to the folder where it was downloaded to. The downloaded file name will be “Snapshot.zip” (pictured above). Right-click the folder and select to extract the files (shown below).
Whatever your computer uses to unzip files and folders (if different from above), a window will open asking you where to extract the files to. If left unchanged the files will usually be unzipped into a new folder in the same directory as the downloaded Snapshot.zip file and will also be called Snapshot. You can change this location to anything you desire though as long as you know where it is.
In this guide as we didn’t change the location, the new (un-zipped) folder was created in the same folder as the downloaded zipped file as pictured below.
Open the folder and you should see the following files contained within.
NOTE: Windows is known to flag the RatCoin-qt.exe file as a Trojan. This can occur because of the staking feature in the wallet itself. Staking from the wallet requires you to have ports open on your computer to receive incoming network data in order to validate transactions and receive staking rewards. We suggest allowing it to download and creating an exception in your anti-virus software. A simple Google search will help you do this no matter what anti-virus you currently use.
Now it’s time to run the wallet for the first time by double clicking on the RatCoin-qt.exe file. This will start the wallet for the first time and this being the case, Windows may pop up a warning screen like this (this is from Windows 10 and your computer may show something different):
Don’t worry, this is normal. Simply click on the “More Info” underlined link, and the following window will appear:
Click on “Run Anyway” and this will start the wallet. If you have Windows Defender active you may also have an additional pop-up window asking you to allow the wallet through the firewall (as shown below). Just click on the “Allow Access” button and your wallet should start.
You should now have the RatCoin Wallet window open and it should look something like this:
You will notice that the wallet is out of sync, and the network icon may show no connections. Don’t worry about any of this and close the wallet.
Now that you have run the RatCoin wallet for the first time, a new folder called RatCoin2.0 will have been created with all of the wallet files (including your wallet.dat file) in it. This folder is created in the /AppData/Roaming/ folder of the user that was logged in during the initial setup. You can find this folder by typing %appdata% in your Windows search box and scrolling down until you find the RatCoin2.0 folder.
From the Snapshot folder, copy and paste the RatCoin-qt.exe file into the RatCoin2.0 folder. Now the folder should look something like this:
You will notice this folder has a file called wallet.dat (shown below), this is your wallet and you should ALWAYS have a backup of this. When you add an address or encrypt your wallet, this file changes and you will need to back it up again. For now, and as this is the first time the wallet has been run, create your first backup of this file (wallet.dat) right now. Simply copy and paste this file to a safe location like a usb drive or similar.
STEP 3 Update the files in your RatCoin wallet folder
Now that you have a backup of your wallet, we are ready to update all of the blockchain files. To do this, select ALL the files in the RatCoin2.0 folder EXCEPT the wallet.dat and the RatCoin-qt.exe files. Right-click and select “Delete”, as shown below. We will be replacing these files in the next step.
Go to the previously downloaded and unzipped folder, Snapshot, and copy all of the files from this folder to the /AppData/Roaming/RatCoin2.0 folder where we just deleted the files in the step above. Once these files have finished copying your wallet folder should look like this:
STEP 4 – The Finish Line
Finally, still in your wallet folder (/AppData/Roaming/RatCoin2.0), right-click on RatCoin-qt.exe and select Send to > Desktop (create shortcut) as pictured below.
This will send a link to your desktop so you can easily start the RatCoin wallet. Now you can close all of the windows and double-click on the RatCoin-qt icon on the desktop to run the wallet. When it opens it should connect to peers almost straight away and start syncing. We try to keep the blockchain snapshot updated fairly regularly, but if your wallet still says it is syncing don’t worry, this should not take long. You will also notice that you should have almost immediate connection to the RatCoin network, and should have a reasonably fast growing number of connections.
Congratulations! You now have a working RatCoin wallet are helping to support the RatCoin network!
For any additional support, head on over to our Social Media Page where you will find links to all our accounts on various social platforms, where you should be able to get any additional help you require.
Wallet Setup Guide for Linux