Crypto Academy Season 3 Beginners' course - Task 6: Blockchain Wallet-- Types, Uses, Installation, etc. Post by @patrickbonyah to professor @sapwood

QUESTION 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 I STORE OR SECURE MY KEY.

Basically there are several ways in which one can secure his or her keys. It is very necessary for every individual to Secure his or her keys against hackers attack or in the case of forgetfulness or misplacement.

Hackers attack is the main reasons one need to secure his or her keys, where others prefer to secure their keys on their computer devices or email account, which i think is not the best way to keep your keys safe, because it is easy for hackers to dupe you when they get access to your computer device.

But for me, I secure my keys by copying them and save offline, print out on hardcopy and laminate them as well, and also I keep those I can easily remember in my mind.

DIFFERENT FORMS OF PRIVATE KEY

Basically we have three (3) main forms of private keys, which are as follows;

1. Mnemonic key
2. Private key
3. Key store file

Mnemonic keys: are keys, which are specifically arranged in an orderly manner of words. Mnemonic keys are mostly made of alphabets.

They appears randomly when registering the tronlink wallet with at least 12 or more words, which you will be ask to either copy or backup them for easy retrieval Example,

source

Private keys: are keys made up of both alphabets and numbers. It is an important key in a blockchain, because when lost, one finds it difficult to access his or her account. Example,

source

Key Store File: is an encrypted and difficult private keys, mostly stored online. The key store file is difficult, because a small mistake in an attempt of writing it down will cause lost. Example,

source

DOWNLOAD AND INSTALL TRONLINK WALLET.

STEP 1
Open your playstore app, and search on TRONLINK WALLET.

STEP 2
Then click on "install", to install it. When finished installing, then you now click on open, to start your registration.

STEP 3
when you open the tronlink wallet, three options will appear, as mentioned below;
• CREATE ACCOUNT
• IMPORT ACCOUNT
• COLD WALLET

In this contest, we are only interested in creating new account, so when you click on "import account", it means you have tronlink wallet account already, where only import your keys with the account, but the “cold wallet" is a secure offline, since our interest in in creating new account, you just click on “create account”.

STEP 4
Then a next page will appear, for you to accept the user privacy policy.

STEP 5
Now fill in your particulars, username in the column spaced provided, click on next step.

Here you need to setup your password, that you can remember easily.

Where you will be ask to confirm by submitting it again .

STEP 6
Congratulations!, your tronlink wallet account has been successfully created.

HOW I STORE MY KEYS.

Mostly, i store my keys offline by writing them down on a piece of paper, and also keeps those that I can easily remember in my mind, which it think is the safest way. Example,

THE KEY AM COMFORTABLE WITH TO HANDLE MY TRONLINK WALLET.

Among all the three forms of private keys I had mentioned, am comfortable with handling Mnemonic key in my tronlink account, because it seems to be clear and easy to memorize.

CONCLUSION

Security is necessary in every day life activities. When you keep your keys in a safe place, you become free from fraudsters or hackers, which makes you live comfortably.

Thank you.

Cc: @reminiscence01

Cc: @sapwood