Blockchain Wallet(Types, Uses, Installation) - Steemit Crypto Academy Season 5 - Homework Post for Task 9 by @amadib

in hive-108451 •  2 months ago 


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INTRODUCTION

Hello everyone, it is a great pleasure to be part of this task which is very impactful and interesting in that through it I have been able to know alot of things such as how to secure my keys, different type of private keys and more about tron link wallet.



Question

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.



It is very important to note that keys are just like password and in the term and conditions, once your key miss eventually you have lost the account and all the funds and assets in it gone and by this I have to be very careful with my keys in which I will be explaining and it is also important to note that it is who is able to access the account that is the original account owner.

Firstly, when it comes to storing and securing my keys the first thing is to write my keys out with a pen and paper then place it in a safe place like a box and I will make sure that I keep it in a place that is not so as not to wet the paper, this I will do and keep in so many place so as not to avoid loosing it if I write it in one paper it can easily miss but no I will do this with 6 different paper.

Secondly, I will save it as draft in my electronic mail which by this will be only accessible by me, I will save it it and anytime needs arises I will just have to open my mail and get it easily but I will only keep it to myself to prevent my friends from getting it.

Thirdly, I will keep it in a iron box that is very seal and so as to keep it very well and I will out padlock and lock the box and I will be the only one that as the key which will make me the only one that can access the account.



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



We have 3 forms of private key which are

  • mnemonic key
  • private key
  • store key file
  • MNEMONIC KEY

This is the type of private key that is very easy for the user to memorize because it is being made up of simple English word that individuals get understand easily.
The mnemonic key are always being arranged in row and column and is always seen when a tron link wallet account is open and trust wallet account is being created.

Examples of the mnemonic keys below.


PicsArt_11-25-08.06.19.jpg

  • PRIVATE KEY

This is the type of private key that has the combination of 2 things which are the alphabet and numbers when talking about the alphabet it is of both capital and lower case letter and by this it will be a bit hard for the individual to memorize because it may be a bit confusing due to the combination of the 2 things which is the number and alphabet.

Example of the private key below


PicsArt_11-25-08.23.17.jpg

  • KEY STORE FILE

This is the type of private key that is not as easy unlike the previous two types of private key, it is made up of a combination of both alphabet which is capital and small letters, numbers and symbols. Which will make it very hard for an individual to memorize such as the mnemonic it this type of key exist in JSON file and the best way to save this type of key is to save it as draft because it is very long that if you try writing it down you may make mistakes and lose your account.

Example of the key store file is below


PicsArt_11-25-09.01.15.jpg



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



  • Step 1
    The first thing to do is to go and open goggle playstore.


    PicsArt_11-25-09.12.21.jpg

    [ screenshot]

  • Step 2
    When the playstore is open we can now search for the tronlink application from the search space


    PicsArt_11-25-09.53.56.jpg
    [Screenshot taken from play store]

  • Step 3
    After the playstore is open i will install and open the tronlink that has been installed


    PicsArt_11-26-01.27.07.jpg
    [Screenshot from play store]

  • Step 4
    When it is being open, we are first going to see certain things such as create wallet which is for newbies, there is also import wallet and also cold wallet and as a newbie I will be clicking on create wallet.


    PicsArt_11-26-01.39.21.jpg
    [Screenshot from tron link app]

  • Step 5
    Immediately I click on the create account, the next step is to read the terms and conditions after that I will agree before the next step


    PicsArt_11-26-01.44.00.jpg
    [screenshot from tron link app]

  • Step 6
    In this step I was ask to create a username and I choose amadib


    PicsArt_11-26-01.48.58.jpg
    [Screenshot from tron link wallet]

  • Step 7
    The next step here is for me to create a password and should be alphanumeric. 8 characters long.once that is done is for me to proceed.


    PicsArt_11-26-01.56.33.jpg
    [Screenshot from tron link app]

• Step 8
This step has to do with mnemonic key which screenshot was not allowed and I was educated on what it has to do with and it should be back up.


PicsArt_11-26-02.18.04.jpg
[Screenshot from tron link app]

  • Step 9
    After step 8, my mnemonic keys was given to me and am advice to back it up and keep it safe in order not to lose my account.


    PicsArt_11-26-02.19.15.jpg
    [Screenshot from tron link app]

  • Step 10
    In this step, I will be tested with some words to know if the keys were truly backed up.

  • Step 11
    After all the step, in this step my account was finally created and was open.


    PicsArt_11-26-02.25.50.jpg
    [Screenshot from tron link app]



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




I store and secure my keys by putting it down in a paper such as diary and saving it in a place that water can not enter. After that I will be keeping it differently so as not to lose one and lose all I will make sure that I have up to four of it and all kept from water and by this I will know that it is safe because I will padlock the box and make sure it can only by accessible by me.

PicsArt_11-26-02.35.46.jpg



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




Mnemonic key.
Am very comfortable with the mnemonic keys because it is very easy and simple for me if i want to write it down and I can also memorize it easily which mean I can rarely make mistakes which can cause me alot but with this key such risk is reduced unlike the private key and the key store file that is always hard and confusing.

PicsArt_11-26-02.44.23.jpg



CONCLUSION

From the topic, I have come to understand alot of things such as how to secure my keys, different type of private keys and more about tron link wallet.
It was really nice and interesting, thanks to the prof.
Cc- @dilchamo

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