Josemendez
Verified member
Hi pals , today I want to teach few things about private keys ,which I think will be helpful .
Private keys are like the keys to the doors on your house , once you lock the door , you need the key to open it.
Now coming to cryptocurrency , once you uninstall your wallet , you will be asked to insert them before you can recover the funds in it , so once you lose these keys , you won't be able to access the wallet anymore.
So you need to write out your private keys in a book which only you can have access to ,because once someone gets to your private keys , he can get to your wallet .
You also need to avoid using screenshot to save your wallet , as it might expose your wallet to risk , from apps which have access to your gallery , especially those that have malware.
In some wallets , it is called recovery seed or phrase , some call it seed phrase . All this are the same name for the private key .
Private keys are like the keys to the doors on your house , once you lock the door , you need the key to open it.
Now coming to cryptocurrency , once you uninstall your wallet , you will be asked to insert them before you can recover the funds in it , so once you lose these keys , you won't be able to access the wallet anymore.
So you need to write out your private keys in a book which only you can have access to ,because once someone gets to your private keys , he can get to your wallet .
You also need to avoid using screenshot to save your wallet , as it might expose your wallet to risk , from apps which have access to your gallery , especially those that have malware.
In some wallets , it is called recovery seed or phrase , some call it seed phrase . All this are the same name for the private key .