Crypto Academy Season 3 Beginners' course - Task 6: Blockchain Wallet-- Types, Uses, Installation, etc.

in hive-108451 •  3 years ago 

38D7387D-4BB1-4E28-AE3B-90C37EDF0F5C.png



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.


69F34B90-DBB7-40A9-9AB2-4D67F75D4DE8.png


How do you store/secure your keys?


In signing up for a blockchain Wallet, the blockchain originally provides keys which will be used to manage the wallet by the user. These keys provided by the blockchain is precisely different from other keys and however if lost, cannot be retrieved and account would be lost. Therefore it’s always mandatory to keep and make sure your keys are privately secured.

There are two types of keys to a blockchain wallet.

Type of keys

  • The private keys
  • The public keys

With regards to the keys to a blockchain wallet, it is the most important and valuable to keep your private keys most secured since it’s holds the command to the account.

Some reliable ways to keep your private keys very secured.
Main forms of storage of the keys

  • soft copy
  • hard copy
  • memorizing

Soft copy: this basically involves the use of softwares to store documents. Through Gmails is one of the major ways to secure and store your keys to a blockchain wallet since it’s accessible to the individual only. Using softwares, it gives the user numerous ways to store his documents. For example it can be store on computers, external hard disk, iCloud for iPhone users and many more. Using iCloud to store your keys is also very reliable and secure.

Hard copy: This also involves the use of materials to physically make copy of your key as means of storage. It can be written or printed on a paper laminated to be kept safe, it can be carved on woods or metals in a form of design etc. Moreover, however wey you store the keys it’s should be private in order to avoid being hacked.

momerizing: Alternative to soft copy and hard copy, this is also quite a reliable way to store your keys. Although it’s quite difficult and complicated to memorize, it serves as alternate and very secured way to store your keys.



D815FE7B-F60D-474D-972A-4132C6ADC55F.png


What are the different forms of Private Key(Examples/Screenshot)?


Private key


Actually this is the basic type of keys used in crypto ecosystem. It is unusually long and complicated. It consists of alphanumeric characters auto generated by the blockchain using cryptographic hash functions.

Example of a private key

5Hv3H38hXmj335hYbKm8QLkHoBCrRj8SmDXrvG5mcTRJJqkZs1Bs



Mnemonic Key


This type of key is a set of 12 to 24 phrases meant to be used to recover accounts. It’s usually associated with wallet where the user signing up for a wallet such as the tronlink wallet would be given some words or phrases to be kept safe. These words would be needed to recover your account, for example when logging into your account on a different device.

61564AC9-16CA-483B-AF6C-C722D0EC87F1.jpeg



Keystore file


This is a similar key compared to private key where generated as a result of cryptographic hash functions. its also made up of alphanumeric characters, however, it always used with a set password from the user to recover an account.



DACE0090-B061-4A52-9C49-3E31895C4140.png


Download & Install TronLink Wallet(Android/iOS/Extension)?


Follow the step below carefully to download and install a Tronlink Wallet. I will be using an iOS device for the following steps. However I would like to demonstrate how to create a tronlink wallet account.

  • step 1
    Visit your App Store and make a search for Tronlink wallet and then tap on it.

48061F49-599A-432F-B1F9-57296D635B81.jpeg


  • step 2
    Tap to download. Automatically it’s going to be downloaded and installed on your iPhone .

242973DF-8246-4017-AFBB-F6BD9F477B2E.jpeg

73B820FD-4E1E-4691-BD23-7207A537D546.jpeg


your tronlink wallet is now downloaded and installed



how to create a tronlink wallet.



  • step 1
    Launch your tronlink wallet and tap on create account.

7E15C273-9DAC-45DC-ADEC-BF49B4C87728.jpeg

3C2A9EBF-B299-45F8-A6E9-37FEF7C1A4BD.jpeg



  • step 2
    Tap acceept.
    Type in your preferred username and tap on Next step.

B6AEA2FA-1E12-473A-AC4F-CD2A9CC0F84A.jpeg

3C3EE8BF-B1F5-476C-A502-284FC8D9FDEB.jpeg



  • step 3
    Enter a new strong password to reach the requirement and tap on next step.
    Re-enter your password to confirm and then tap confirm

05AB467F-02A0-4273-8AC7-DC9AD2F22D66.jpeg

817D19F7-D2E6-4A73-A7AA-C96949ABD041.jpeg



  • step 4
    Tap on Backup now to backup your mnemonic keys. Accordingly, save all the words as arranged and tap I have saved it securely.

08DD95ED-9995-4B3E-95DF-50DD15B90C37.jpeg

AFAC622F-A0E4-455A-A946-3302FDB9CC72.jpeg



  • step 5
    Using your mnemonic keys backup, confirm your backup through the given confirmation.

301DFF9D-508C-4529-9FD5-E88BE9527DEF.jpeg

10B7DF36-239A-47CC-91B1-19FBEE8D742E.jpeg



A successful tronlink wallet is now created

87895F21-A847-43B9-8EC1-3B2ECF970CCB.jpeg

my tronlink wallet


112DB018-E049-4050-985D-049EBCB4B190.png



How do you store the key(Hint- write it down on a notepad, demonstrate it with examples)?



E943857C-A449-4031-A72B-D29EA954EB99.jpeg

the mnemonic keys as written in my small diary book is to be kept very safe in my locker even though it’s been committed into memory and it’s safe from been lost. Apart from these, I have also captured it and stored the soft copy in my iCloud.



Which form of the key are you comfortable with to handle your TronLink Wallet? Include Screenshots & hide/blur the sensitive information.



For me I’m generously prefer the Mnemonic keys to all the other keys because it is easily memorized and offers equal security. Unlike other keys which comprises of alphanumeric characters, the Mnemonic key is comprises of very simple words making memoring not difficult.

928848EA-605E-471A-9439-500488CDE183.jpeg



Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
Sort Order:  

Hi @ryzsfa, Thank you for taking interest in the 6th Task of the Beginners Fixed Class. Your grades are as follows:

Assessment AspectsRating
Presentation/Use of Markdowns2 / 2
Follow Rules and Guideline1.4 / 2
Quality of Analysis1.4 / 2
Clarity of Language1.3 / 2
Originality2 / 2
Total8.1 / 10

My Review and Suggestions:

  • You have completed the task.

  • You structure your article writing very well.

  • You didn't show the sample Keystore file.

  • I don't recommend that you use cloud services, it is not safe because the service provider can easily access the data in your cloud.

  • There are some grammatical errors, please pay attention to grammar before posting.

Thank you!

Thanks for the feedback prof.