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Topic: 🔴[BOUNTY] 🔥🔥GRABITY🔥🔥 🚀NEW PARADIGM OF INTERNET🚀 💰350,000,000GBT💰🔴 - page 54. (Read 9882 times)

newbie
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All that said, again, if you lose your private key, it’s gone for good.  Shocked
newbie
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It’s also possible to generate keys using the command line, provided you have the necessary cryptographic packages installed for your preferred language.

 Grin Cheesy
Important thing to read to be honest!! Don't forget
newbie
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This is what we have online tools can generate key pairs directly on your computer – not on a website’s servers, which could leave keys vulnerable if the site is hacked.
newbie
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Paper wallets

Another cold storage option is to print or carefully handwrite a private key on a slip of paper, a ‘paper wallet’, and lock it somewhere secure like a deposit box.


Hey look, its poop color  Grin xD
newbie
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But we need to remember that, again, this deposit-box-like system is not a good option if you want to use ether frequently or on the move.
newbie
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These secure devices that can often be detached from the internet, and can sign transactions without being online.
newbie
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There is a trending challenge #10yearschallenge. So let's think about BITCOIN. Bitcoin is a popular word in these days. But in 2009 the name of Bitcoin is uncommon. Also most people didn't trust about it. But few future seeing people had invested in Bitcoin and now they are rich in their life. I think best #10yearschallenge is done by BTC. What do you think? Grin 

This is so true, and not only bitcoin but many crypto currencies that people did not believe into.
newbie
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Although the method is not as easy to use as when ether is stored on a smartphone or internet-connected computer.  Embarrassed
newbie
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Hardware wallets

Hardware wallets, which are often as small as a finger or two, arguably offer the best of both worlds.
newbie
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There is a trending challenge #10yearschallenge. So let's think about BITCOIN. Bitcoin is a popular word in these days. But in 2009 the name of Bitcoin is uncommon. Also most people didn't trust about it. But few future seeing people had invested in Bitcoin and now they are rich in their life. I think best #10yearschallenge is done by BTC. What do you think? Grin  
newbie
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Storing private keys on a device that is detached from the internet (a method known as ‘cold storage’) is harder to hack and is best used for storing large ether holdings.
newbie
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 Shocked Full ethereum clients offer a more secure way of receiving transactions because they do not need to trust miners or nodes to send them accurate information – they validate transactions themselves.  Shocked
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#Join-#Proof of authentication
Bitcointalk username: Vardanik5
Bitcointalk link: https://bitcointalksearch.org/user/vardanik5-2365001
Telegram username: @Vardanik5
Facebook username: styop.garsancyan
Facebook link: https://www.facebook.com/styop.garsancyan
Email Address : [email protected]
ERC 20 -  0x2736f51671665d7dccEf59F12bB0D7C352d9628C
newbie
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And for instance the light client option is more convenient, but not quite as safe.
newbie
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Mobile wallets  Roll Eyes

Mobile clients, or ‘light’ clients, require less data to be downloaded to connect to the network and make transactions, so they are more suitable for download to a smart phone.
  Cool Cool
newbie
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The wallet then needs to stay in sync with the latest transactions on the blockchain.
newbie
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This process can take up to a couple days, and will only increase as ethereum grows.   Cheesy
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There are a few ethereum clients written in different programming languages and with different performance tradeoffs.

We have to understand this in order to continue! We want to ensure teh compete understanding & comprehensive.
newbie
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One option is to download an ethereum client (a copy of the entire ethereum blockchain).
newbie
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On this ones is as simple as choosing one depends on your preferences for convenience and security.
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