FAQ & Terms
I have lost my mnemonic phrase, what now?
If you were using your desktop wallet mnemonic phrase, then just go back to the desktop wallet and get it again. If you created a new Web Wallet and have lost that phrase then there is no way to recover it. This is because we do not store any user data - for your safety - and as such we cannot get that 24 word seed phrase back.
This is a newly created wallet that never existed on the network before.
My DAPS is not showing
This is possibly due to the scanning of your wallet still taking place. Please try again later.
Why is scanning taking so long?
The DAPS Web Wallet has to scan the whole DAPS Blockchain to find all of the transactions (UTXOs) linked to your seed / wallet address and a full privacy chain like DAPS takes a little longer to process these than other traditional chains. Thank you for being patient!
What is Bitcoin Seed?
DAPS Desktop wallets use DAPScoin seed in order to create and decrypt 24 word seed phrases. DAPS Web Wallets use Bitcoin seed. Why? This is to keep to industry standards to ensure easier integrations to other service providers
Due to the nature of POSV3 staking on the DAPS chain, web wallets cannot stake as they cannot contribute to the DAPS network, therefore cannot receive rewards. Staking is only available on the full node desktop wallet or through a staking pool provider.
Due to the nature of Masternodes, you cannot run a masternode from the web wallet. This is only available using the full node desktop wallet or a Masternode provider.
What are the benefits of using the DAPS web wallet over a full node desktop wallet?
You can save considerable time, the DAPS web wallet does not need to sync the full DAPS blockchain unlike a desktop wallet
Access your funds anywhere on PC / Mac / Linux and on your mobile device browser!
Web Wallets do not have system requirements like full nodes do. As long as you have a web browser, you can use them.
Masternode and staking rewards will show in the Web Wallet even though it does not do either of these right now, it still can see the incoming rewards.