On August 8th, Ontology officially launched OWallet, its desktop wallet that supports individual wallets, shared wallets, and the Ledger hardware wallet. Currently, OWallet is operating its v0.8.1 on both Windows and macOS. Ontology has also released a comprehensive “how to” on installing and initializing the OWallet.
Those interested in importing their MainNet ONT from the O3 wallet or SEA wallet will need to use the “WIF” import method. Additionally, a shared OWallet can be connected with an ONTO shared wallet.
The current OWallet v0.8.1 does not support the NEP-5/MainNet token swap, but the next version is planned to integrate this functionality.
Ontology has provided a guide with images associated with every step of the initiation process, which can be found in the article link below:
OWallet Individual Wallet Features
Users can create an individual wallet in the OWallet desktop application, which is a basic wallet that only requires one signature to sign transactions. The wallet UI will include information such as: the wallet address, public key, ONT/ONG asset balance and its equivalent USD balance, claimable ONG, transaction history, and send and receive functions for Ontology MainNet.
Functions covered in Ontology’s individual wallet guide includes: the creation of a new wallet; importing an individual wallet with keystore, private key, WIF, and mnemonic phrase; exporting the wallet; sending and receiving assets; and, claiming ONG.
OWallet Shared Wallet Features
Shared wallets allows more than one party to access funds, but require multiple signatures to sign the transaction. When a shared wallet is created, a range of ‘copayers’ (minimum of 2 up to a maximum of 12) are given access to the shared wallet with their corresponding keys. Users will be able to set the transaction rules for the participants within a shared wallet (for example, a wallet with 3 users might require 2 users to sign a transaction before it is allowed to occur).
The shared wallet UI includes: the wallet address, ONT and ONG asset balance and the ONT balance price in USD, the shared wallet rule, the name of the participants and their individual wallet addresses, pending transaction information, completed transaction information, as well as send and receive functions for MainNet ONT.
Functions covered in Ontology’s shared wallet guide include: the creation of a shared wallet; sending assets with a shared wallet and the required sequence of signatures for confirmation; receiving assets; and, joining a shared wallet.
OWallet Ledger Features
Users will need to first import their Ledger to the OWallet, For information on how to do that, users are encouraged to follow Ledger’s guidelines for installing Ontology, found below:
https://support.ledgerwallet.com/hc/en-us/articles/360007583514
With the OWallet Ledger, users are provided the option to switch between MainNet and TestNet, switch between Chinese and English, and choose a location to save their keystore.
To download OWallet, visit the Ontology GitHub repository listed below:
https://github.com/ontio/OWallet/releases
For more information about Ontology visit the links below.
About The Author: Dylan Grabowski
Dylan is a reformed urban planner with a passion for covering the Neo ecosystem. His objective as a writer for Neo News Today is to report news in an objective, fact-based, non-sensational manner. When not behind a computer screen, he can be found in the mountains rock climbing. Find Dylan on Twitter (@GrabowskiDylan).
More posts by Dylan Grabowski