Schottky diode or normal diode?

Hmm, I don’t know if I’m on the right forum, but I have 9v AC(1A, 50Hz) as input to 5v DC(500mA) as an output rectifier circuit to power up the development board. But I was wondering what would happen to the circuit if I used a Schottky diode instead of a normal diode (like 1n4007 or 1n4001). I learned from some youtube videos that a Schottky diode can work at a high frequency with a low-temperature dissipation. However, it has a higher leakage current than a standard diode. Is it going to have an impact on the rectifier circuit?