Blockchain Wallet(Types, Uses, Installation) - Steemit Crypto Academy Season 5 - Homework Post for Task 9.
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?
We should also be able to utilise our own keys or passwords in order to move dollars or objects from our wallet at a later time.
But, as we all know, there are risks. Every time we use the key, we expose ourselves to various types of risks. This is why it is critical to understand so that we can protect ourselves later.
It is never lost in terms of security, where security is extremely high if a hacker attack occurs later, and also, because cryptocurrencies only exist digitally, don't they, we know that the only method to keep and manage them is through a virtual wallet.
Physical storage is, in my opinion, the safest solution for safeguarding our private keys. It is sufficient to write down our keys/private keys on paper and keep them in a safe place. We can place our keys without a title or link for further security, so that even if this document fell into the wrong hands, no one would know who these keys or private keys belonged to.
Another suggestion is to keep a copy of our keys on a pendrive or other device that isn't permanently connected to the internet or the computer. As a result, we are less likely to be hacked or attacked on the internet. We can also place a key on the device, which will then be placed on the file where we maintain our keys, so boosting security.
Cold stockpiling:
This is additionally a generally excellent method of putting away our keys. This is a method of saving a duplicate of our keys on a pendrive or some other outside stockpiling gadget (not for all time associated with the to the PC or web). Cold stockpiling shields us from becoming survivors of online hacks or cybercrimes. We can likewise make a secret phrase on the gadget and thusly, we can likewise make a secret key on the document where we store our keys, and this will guarantee the security of our keys.
What are the different forms of private key (examples / screenshot)?
private key
Pretty much every wallet furnishes us with this type of secret phrase so we might deal with our cash. These keys are regularly extremely long, going from 20 to 30 characters, and incorporate both capital and lower case. This type of key is like the secret phrase we use to pay with our bank card; with it, we might send and get cash. The primary contrast is that bank passwords are generally simply 6 to 8 characters in length and simple to recollect. Learning our private key by heart isn't inconceivable, however inferable from the enormous measure of characters in these keys, it is very extreme for anybody.
Mnemonic phrase.
This is an alternate type of private key that is for the most part used to recuperate our wallet assuming it is lost. It additionally permits us to reestablish our wallet or open it on an alternate gadget. As may be obvious, this type of key is the main way we need to demonstrate that a wallet genuinely has a place with us; subsequently, it should be gotten and kept classified. These keys are comprised of a progression of words that reach long from 12 to 24 words. These words should be recalled in the exact request, thusly we should recollect the 12 words, yet in addition the specific request in which each word in the rundown showed up.
It comprises of a bunch of passwords scrambled in a solitary record and put away on a gadget. To get to this document we should have a secret word made without anyone else. This document is known as a JSON File since it is organized by Java Script Object Notation. We should see a model:
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Download & Install TronLink Wallet(Android/iOS/Extension)?
I already have it download so then i tell you how to do that right or how to download?
step 1.
First of all go to your play store and search Tronlink .
step 2.
I have already downloaded this. In my phone and I already downloaded it. For this reason, the option of update is coming in it or if you are downloading it for the first time, then download option will come on it, then if you click on it then your downloading will start.
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step 3
When your downloaded or updated, then the option comes. That is to click on the option of Open.
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step 4
Then you click wallet option.
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step 5
Then you click create wallet
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step 6
Then enter your name and click next.
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step 7
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step 8
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How do you store the key(Hint- write it down on a notepad, demonstrate it with examples)?
It is suggested that the keepsake secret word produced while making a record at Tronklink be actually secured, along these lines shielding it from any PC assault, unapproved access, or harm to the gadget. In an exceptional case, I recorded my secret word in a journal and protected it.
Like we have said before, there are 3 structures: private key, mental aide key and keystore record.
The private key, as we have said before, is a bunch of alphanumerical letters and are, along these lines, complex in nature. When saving the private key, I decided to work them out cautiously in a book. I follow similar example for every one of my passwords. I like to save them disconnected in light of the fact that saving anything on the web frees it up to any type of online burglary.
For instance, beneath is an image of my mental aide keys. I recorded it in a book to protect it.
short by my phone
Which form of the key are you comfortable with to handle your TronLink Wallet? Include Screenshots & hide/blur the sensitive information.
I'm generally alright with the Mnemonic key, as this is more straightforward to recall, store, input when required, and use for the most part. I incline toward this to an alphanumeric private key, just as the Keystore document.
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Conclusion
It was indeed a great lecture as TronLink pro serves as a great app and it's has many usecases which affects it's users.