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RE: Steemit Crypto Academy- Blockchain Wallet- Chapter-2 || Tronlink Wallet

in SteemitCryptoAcademy3 years ago

Thank you for submitting homework task-2 in crypto-academy.

I really loved reading this post.

You have clearly explained how to create a Tron Wallet and how to back up Mnemonics & also how to enter the phrase in sequence during the setup of a wallet.. In a similar way, you have explained how to restore a wallet using Mnemonic/Private key.

But if you want to know further about the Keystore file, then do remember that the Keystore file alone is not equivalent to a Private key.

So if you are using the Keystore file to recover then you have to enter the password (set by you in the previous installation). If you are using Mnemonic key or Private Key then you don't need a password to restore a wallet.

Keystore File+Password(set by you) ~ Private Key

When you back up your Mnemonic/private key, the best practice is always to write it down on paper, and keep it safe, better break it into 3/4 parts and laminate it to make it durable.

Thank you.

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