(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?
Blockchain keys are cryptographic secret keys that are developed and are made available to a user who creates a new wallet. Essentially, these keys are used by the users to make and execute their transactions. Transaction addresses can be created to accept digital payments using keys. Keys are very important in blockchain technology.
To Store or secure your keys may be performed in various methods relying on the one that is good for you.
The first step in protecting keys is to store them offline, thereby protecting the user from malware or phishing attacks. In addition, when saving or writing your keys, you should do that separately on different papers in order to reduce so as to reduce some other persons having access to the paper.
Other means which is also save, is memorizing your keys, so only the key owner can access it, though with this way it can or maybe be easily forgotten.
It is advisable not to print our keys, take screenshots, Saving them in your emails or gmail, or try storing them online, because it might be prone to hackers and they can access your keys with your knowledge.
What are the different forms of Private Key(Examples/Screenshot)?
- Private Key
- Mnemonic key
- Keystore file
private key
It is a form of a private key made up of a long string of alphanumeric characters that allows users to access their crypto assets. This is the key that you receive when you register for an account for example, on the Steemit platform.
Example;
Mnemonic key
This key plays an identical feature just like private keys. It is likewise called the seed key or the mnemonic phrase. It varies from 12-25 phrases based on the blockchain. Tron blockchain has 12 mnemonic phrases. A mnemonic phrase is a collection of words that can be easily remembered as they contain words with a familiar meaning.
Example;
Keystore file
This is a form of a private key, but it cannot work on its own.
It is created with a private key and an encrypted password. The key consists of multiple hexadecimal characters with symbols. With a keystore backup file, users will be able to restore their wallets if supplemented with the user's old local password.
Example;
Download & Install TronLink Wallet(Android/iOS/Extension)?
- Go to Google Play Store apps and type Tronlink wallet
- Select and install
- When Installation is complete. Open the app. Click on create account.
- Click on accept user agreement
- Create your wallet name and enter next.
- Create your password and next.
- confirm your password.
- click on backup and save your mnemonic phrases
- After you must have copied it out click on
- Account creation was successful.
How do you store the key(Hint- write it down on a notepad, demonstrate it with examples)?
As the mnemonic key is the most important key, if not one of the primary keys, due to its ability to recover wallets, reset passwords, and generate wallet addresses. I wrote this down in my notebook and kept it out of the reach of third parties, so I really prefer the cold wallet method.
Which form of the key are you comfortable with to handle your TronLink Wallet? Include Screenshots & hide/blur the sensitive information.
I choose the mnemonic key to feel more comfortable than other keys because it is easier to read and I can easily obtain it without relying on other sources that are more susceptible to theft.
Cc:
Professor @Sapwood