Blockchain Wallet(Types, Uses, Installation) - Steemit Crypto Academy Season 4 - Homework Post

Question-

How do you store/secure your keys? What are the different forms of Private Key(Examples/Screenshot)? Download & Install TronLink Wallet(Android/iOS/Extension)? How do you store the key(Hint- write it down on a notepad, demonstrate it with examples)?

Which form of the key are you comfortable with to handle your TronLink Wallet? Include Screenshots & hide/blur the sensitive information.

How do you store/secure your keys?

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When we tend to say keys usually we tend to prompt our keys in centralized applications as a result of if we forget that key we are able to recover that key with the help of the management authority or we are able to say the third party of centralized applications.

however after we touch upon suburbanised applications that will not be an easy key. Your whole account depends thereon key so we'll have a glance at the acceptable and safest strategies to secure these keys.

We already understand that ill the keys in suburbanised applications isn't doable if we tend to lose them.

So that, guys the safest approach is to store those keys offline strategies like a transportable drive, written strategies like notebooks, etc...Online storages aren't safe as a result of hackers will simply reach on-line databases.

The best place to store keys in our mind however if the secret's see you later it'll be not sensible. so dividing the key into components and put it aside in many devices is additionally a option which will defy these secure processes. Finally, the written methodology will be used

Different forms of Private Key:-

1.Private Key:-

A private key is a series of alphanumeric characters which means it consists of letters and numbers and this alphanumeric string is randomly generated when you create a blockchain wallet. Private key cryptographic functions are used to generate this. Using this private key you can unlock and release your crypto assets so that this key can be kept secure.

20DCE1g09860AA03D523EE49B193F8A831F073C2379794B07B1905B569A7B506

Mnemonic Key:-

Let we talk about the second and a impactful method.This is the second method we can find as a private key, so it is also capable of performing the same function as an alphanumerical key. The profit of the key are sumple to deal with as they are readable and can be memorized with minor effort. This form of a key has many names such as mnemonic phrase, mnemonic passphrase and seed

Keystore File:-
The third one is in with my opinion it is useful and also can we say that not useful i suggest to the streemers to study my full pera that you can understand with the proofs. another type that we can find in a blockchain wallet private key but in reality, it is not a private key when it stands alone. It is always stored online but without a user-set password it is useless. So simply we can say that this private key is a combination of the keystore file and the password set by the user. The picture shows that a keystore file.

How to download and install Tronlink wallet?

Step 01- You need to search the Tronlink wallet from your play store or app storeon your mobile or pc. I put all the images which I have taken from the app store.

Step 02- Here you have to install the app and it will take few minutes then click open.

Step 03- When the app opens you will appear with three options.
1-Create account
2-Import account
3-Cold wallet
For our newcommers we have to create the new account so that we craete a new account so that we click on the create account tab.

Step 04- As usual we have to accept the user agreement and then click on the accept button.

Step 05- After that, you have to choose a user name and click next. After that, have to set up a password that you can easily remember, and on the other hand following the given instructions you can find a strong password for your wallet.

After that, you have to re-enter the password and then click confirm.

Step 06- Now This Is the final page of your crating the new account, Congratulations!! Now you have successfully created your Tronlink wallet.

How do you store the key?

Now Personally, I was store my keys in offline storage and back them up in my oldest method of remembering things which is the writing method.

these methods give me complete protection of my keys with no worries about their security. Password protected portable hard disk gives me high security.

Which form of the key are you comfortable with to handle your TronLink Wallet?

Here I move into the mnemonic key and I thought that is very easy to understand and memorize, because if I select Keystore file or something then it will very difficult to read and understand both. Anyway, we can say this mnemonic key is very user-friendly. Here I will put a screenshot to understand the above incident.

Conclusion

We all use centralized and decentralized applications in our day-to-day life so that when we are using digital technologies we must keep our eyes open otherwise it will be a serious problem for us. Because we all know, hacking and misusing technology is increasing day by day. So that we have to use our knowledge and protect our data and assets. So the Security of keys is so much important in the modern world.

Thank You!!