Crypto Academy Season 3 Beginners' course - Task 6: Blockchain Wallet-- Types, Uses, Installation, etc.|Homework task by @mayuresbhpandit

Namaste Friends,

Welcome to my homework task post for professor @sapwood.

I really appreciate the @sapwood as he works so hard to explain our topic in a very simple and informative way. Thank you very much @sapwood for providing us valuable resources for learning and such useful lesson in practical life.

Homework Question

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(1) 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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I store actually keep my keys in 2-3 places like on my google drive and pc and also store them on my mobile phones. The reason behind this is pretty simple if my one device is corrupt or has not worked since then also I will able to access my private keys.

What are the different forms of Private Key(Examples/Screenshot)?

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1. Private Key

2. Mnemonic key

3. Keystore file

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1. Private Key

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The private key is generated by the cryptography function and this key is unique and random so no one is able to predict the private keys. It was an alpha-numeric key means It has alphabets and numbers. It has to be kept secret because if it's leaked then it will result to lose all of your funds. Below key, I got from my Tron wallet.

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2. Mnemonic key

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This key is a set of 12 or 24 words and that all words are in the correct sequence will work as a key. The words are readable that's the reason some of the high IQ level users feel easy to memorize those keys. In the below image is the key that I got from Pi wallet.

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3. Keystore file

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The Keystore file is in .json format and This file required the user password also which the user chooses while the wallet was made. In simple words, it will not independently unlock your wallet It needs help with the password. Below is the example of the Keystore file of the Etherium wallet.

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.

To install the TronLink wallet on my android phone I go to the play store and search for the TronLink wallet and click on the install option on the play store and after within a secondTronLink is install on my phone.

After the installation of the TronLink wallet, I open the app and I saw the below screen after opening the TronLink wallet.
I choose the create account option.

After that, I agree on the terms and conditions by clicking on the accept button.

After that, I set the username luckily my I got my username available.

After that, I set the password and click on the next step button.

After that the confirm password screen appears. after clicking on the create button.

I reach the screen where I have to back up my key I click on the backup now button. then there is the screen that appears with a Mnemonic key. I note down my key in the book and complete my confirmation process.

To secure, restore or open my account the Mnemonic key is so important so I write it in 2 notebooks and also store it in my Google drive. And Mnemonic key is pretty readable then this type of key is remind me of the movie National Treasure. It gives the feeling of we are holding some magical thing by using these keys.

Conclusion

This lesson is very beautiful and I also enjoy this lesson while doing homework.I really thankful to @sapwood for providing such a beautiful post to learn