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

in SteemitCryptoAcademy3 years ago

2) Please indicate your Steem integrated TronLink wallet in Steemitwallet.com? If you already have the private key / public key of your Steem integrated Tron Link wallet, demonstrate how do you restore this wallet in a fresh installation or device? How important is the password that you set locally in a fresh installation? Which form of the private key needs the password too to unlock the crypto asset? Include Screenshots and hide / blur the sensitive information.


Please indicate your Steem integrated TronLink wallet in Steemitwallet.com?


When we produce Steemit accounts, we have a tendency to square measure given mechanically generated Tron accounts as a result of additionally to being rewarded with sbd and steem on the Steemit platform, we have a tendency to also are rewarded with trx.

So, steemitwallet.com has my Steam integrated TronLink wallet;

Screenshot_2021-11-14-23-04-36-35.jpg

If you have already got the personal key / public key of your Steem integrated Tron Link case, demonstrate however does one restore this case during a contemporary installation or device?

To put in Steam integrated TronLink case in new installation with personal key/public key,

Go to TronLink or search TronLink on Google and click on on the primary result.

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You can download for Android, iOS or Harmony OS, but because I'm installing with my PC, I'd select on a browser extension and click on Chrome Web Store.

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After clicking on Chrome Web Store a new page apper click on new page and click on Add to Chrome.

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Click on add extension and wait for wallet to download and connect.

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Click on TronLink to launch the extension.

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Set a new password and repeat. Click Continue.

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Click on restore.

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Set new account name and click on continue.

The next step is to click on the key that you want to use for the restore. Since work requires using the private key of the integrated Steam account, click on Private key.

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Get the private key, enter it and click Continue.

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Account is restored.

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How important is the password that you set locally in a fresh installation? Which form of the private key needs the password too to unlock the crypto asset?


The password you set in a fresh installation is used to unlock the wallet when you are trying to log in to the TronLink wallet. It is used with the keystore to restore accounts.

Passwords are also used with keystore private keys to unlock crypto assets. With Keystore Private Key, before confirming the transaction, it is necessary that you sign the transaction with your password and therefore it is very important that you remember the password set as without it you cannot transact with TronLink. can.


Conclusion


I am so excited to attend this class because I have learned new things.

TronLink is the wallet that users use to explore the Tron blockchain. It supports mobile devices with the operating system Android, iOS, Harmony and computers with browser extensions.

It uses 3 important types of keys which are themselves private key, keystore and mnemonic phrase. You can create a new wallet with one of these or restore an already existing wallet if you have one of the keys.

However, the keystore private key is used in conjunction with a password that the user sets to unlock the crypto asset if that is the form of the key that the user has chosen when setting up the wallet.

It is important to write down the keys on paper or store them offline to avoid compromise. You can also store them online but it is safer that you store them offline.

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