Blockchain Wallet(Types, Uses, Installation) - Steemit Crypto Academy Season 4 - Homework Post for Task 9. By @val123

in SteemitCryptoAcademy3 months ago (edited)

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SOURCE

QUESTIONS

HOW DO YOU STORE/SECURE YOUR KEYS?

WHAT ARE DIFFERENT FORMS OF PRIVATE KEYS (EXAMPLES/SCREENSHOTS)

DOWNLOAD & INSTALL TRONLINK WALLET(ANDRIOD|IOS|EXTENSION)

HOW DO YOU STORE YOUR KEY(HINT-WRITE IT DOWN ON A NOTEPAD DEMOSTRATE IT WITH EXAMPLES?

WHICH FORM OF THE KEY ARE YOU COMFORTABLE WITH TO HANDLE YOUR TRONLINK WALLET? INCLUDE SCREENSHOT AND HIDE / BLUR THE SENSITIVE INFORMATION
Source


HOW DO YOU STORE/SECURE YOUR KEYS?


Keys are what gives us access to our wallets and it's very important to store it in a safe place so that we won't misplace it. Although there are separate methods or ways by which we can store our keys and will be very safe. Once you loose your, all you got are gone, because in a decentralized platform, keys are not retreiveable, no third party involved to restore your keys for you, so you must secure it very well in order not to loose it. In centralized platform, if you misplace you keys, with the aid oglf customer care, your keys can be restored.

Well, i have different ways in which i normally store my keys to be very secure because once i loose it, i will not or can never retrieve it. I usually store my keys in my email address, i will have to save it as draft and by doing that, losing it is somehow impossible, only if you are very careful with your phone. You can't just save it as draft in your email address but you have to be careful because of people that always have access to your mobile phone. They might tamper with your keys in your email address. Another way i usually store my keys is by storing it offline, it just by printing it and laminating it, then i will keep it in a very safe place. I also store my keys by storing it half by half in different places, this will be very hard for any hackers to tamper with my keys.


WHAT ARE DIFFERENT FORMS OF PRIVATE KEYS (EXAMPLES/SCREENSHOTS)


We have 3 different forms of private keys. Below are the 3 types of keys we have

MNEMONIC÷ The mnemonic key is one of my best key i love using, is very simple to understand and we can be able to read out what is written in it, which are normally 12 words. When registering on tronlink wallet, it appears as one the options. Mnemonic key are normally words in total number of 12.

Screenshot_20211111_172403.jpg
DESIGNED BY ME


PRIVATE KEY÷ The private key is mostly stored online, like saving it as draft in email address just by copying and pasting it. While attempting to write it down, you might miss one character and that will lead total lost of your private key. The private key is hard to understand or backing up in mind, because it is combined with alphabets and numbers which makes it confusing.

Screenshot_20211111_172743.jpg
DESIGNED BY ME


KEY STORE FILE÷ The key store file is one of the hardest key to understand and also, it's very hard to write down on a note pad. The best thing to do is to copy it and paste it in email address and save it as draft.

Screenshot_20211113_085646.jpg
TRONLINK


DOWNLOAD & INSTALL TRONLINK WALLET(ANDRIOD|IOS|EXTENSION)


To install tronlink wallet on your monile phone is very easy. Below are the steps to install tronlink wallet.

Go to your google playstore, search on tronlink pro using the search button at top the page. tronlink wallet app will appear at the top, click on it and tap the install column to begin the installation

Screenshot_20211111_173645.jpg
PLAYSTORE


Screenshot_20211111_173722.jpg
PLAYSTORE


Click on open when done installing, when the app opens, there are 3 options provided, that is, either you create account or you import account that is existing or your use cold wallet. Now i have to click on create account.

Screenshot_20211111_174221.jpg
PLAYSTORE


Screenshot_20211111_174301.jpg
TRONLINK


When the next page displays, you will be requires to click accept button in order to accept users agreement.

Screenshot_20211111_174601.jpg
TRONLINK


Then after that, the next step is, putting your username, then create password and also confirm the password which you have created.

Screenshot_20211111_174747.jpg
TRONLINK


Screenshot_20211111_174846.jpg
TRONLINK


Screenshot_20211111_174929.jpg
TRONLINK


Then congratulations, you have successfully done creating your tronlink wallet account and it's ready to use.

Screenshot_20211111_175053.jpg
TRONLINK


HOW DO YOU STORE YOUR KEY(HINT-WRITE IT DOWN ON A NOTEPAD DEMOSTRATE IT WITH EXAMPLES?


Like i stated earlier, i have different ways of storing my keys which are, storing it as draft in my email address, but the perfect way to store my keys is by storing it half separately in different places. I will back some up in my mind, then write some in note book and email address. See example below.

20211111_175322.jpg

Screenshot_20211111_180203.jpg


WHICH FORM OF THE KEY ARE YOU COMFORTABLE WITH TO HANDLE YOUR TRONLINK WALLET? INCLUDE SCREENSHOT AND HIDE / BLUR THE SENSITIVE INFORMATION


Well, i must say that the mnemonic key is the key am comfortable with. I can easily store it in my mind even if mistakenly misplaced it, i still have it in my mind. It is very easy to understand.

Screenshot_20211111_180732.jpg


CONCLUSION


Is very important to store or secure our keys in a very safe place because that's what gives us access to out wallet. If one mistakenly looses his or her key, that will cause a great problem. So learning how to store or secure our keys is very important. I really appreciate professor @sapwood for a well detailed lecture. I learnt a lot from it.

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