Library Overview

The wallet library is a stateful package with a standardized interface for developers to build applications involving IOTA value transactions. It provides abstractions to handle IOTA payments and can optionally interact with IOTA Stronghold enclave for seed handling, seed storage and state backup.

High Level Layered Overview

The Library in a Nutshell

wallet.rs uses an account model, so you can create an account for each of your users. You could also take another approach and use one account and generate many addresses, which you can link to your users in your database.

The library allows users to assign a meaningful alias to each account. Users may also segregate their funds across multiple accounts or multiple addresses. It is up to a developer whether he chooses a single-account approach or multi-account approach.

The library is based on a derivation for multiple accounts from a single seed. An account is simply a deterministic identifier from which multiple addresses can be further derived.

The following image illustrates the relationships between seed, accounts and addresses. A single seed can contain multiple accounts. Each account can also have multiple addresses which can be linked to users in your database.