Virtual currency wallet installation tutorial
virtual currency wallets and local wallets are wallets specially used to store virtual currency
difference: local wallets are installed on their own computers or mobile phones, while online wallets encrypt the private key and put it on the server
personal computers may be implanted with Trojans; The wallet server also has the risk of being attacked by hackers, and the encrypted private key is cracked. Server security is better than personal computers, but it is easier to attract hackers' attention
virtual currency Wallet:
there are three main types: Online wallet, client wallet (mobile client, computer client) and hard wallet
1. Online Wallet: it refers to the operation of virtual currency relative to wallet by users in the form of network; The main form is website, which users can visit through computer and mobile phone
2. Client Wallet: it is an installation software, which needs to be downloaded to the computer or mobile phone, and can only be used after installation; This is the type of mobile app wallet that I just mentioned
3. Hard Wallet: it is similar to the wallet in the form of U disk, which is a real type of wallet
local Wallet:
the English name of local wallet is local wallet. Local wallet is to store private key and transaction data in local terminal, such as computer, mobile phone or other local devices; It refers to the storage location of the key, and its concept is independent of online wallet and offline wallet
the English name of local wallet is local wallet. It is one of the terms related to bitcoin wallet in blockchain. Local wallet is to store private key and transaction data in local terminal, such as computer, mobile phone or other local devices; Local wallet refers to the storage location of key, which is independent of online wallet and offline wallet
the local wallet is installed on your own computer or mobile phone, while the online wallet is encrypted and put on the server. Personal computers may be implanted with Trojans. Hackers may steal your wallet files and record your wallet password; The wallet server may also be attacked by hackers, and the encrypted private key may be cracked. Server security protection is better than personal computers, but it is also easier to attract hackers' attention. In terms of security, I think these two types of wallets are similar
to enhance the security of local wallet and online wallet, it's better to set a more complex password, and don't forget it. Both local wallet and online wallet are easy to use and easy to use. Because online wallet is not limited by clients, it is easier to use than local wallet. Bitcoin core, Bitai wallet and bitpai wallet all belong to this category
local Wallet_ Network
the second step is to install the electrum bitcoin wallet< After installing the Ubuntu Linux operating system, install the electrum bitcoin wallet offline (I prefer electrum,
you can also use other light wallets such as multibit)
the third step is to generate a new cold wallet address
after installing, open electrum and create a new wallet, Follow the steps in Figure 4 to figure 8 to generate a new cold wallet address. By default, electrum creates five new addresses at a time,
note figure 8, and type "listaddress() & quot; The system will list the newly created five bitcoin addresses, and then use the getpubkeys command, or get the public key from the menu master public
key (public key and address are not the same concept). Please the public key and save it in a text file. Figure 9 shows the private keys of these five new addresses,
here is just for you to explain. For comparison with Figure 12, the five private keys are in the wallet of the never touch Linux operating system,
you should not do figure 9 in actual operation. And don't tell anyone else about your private key.
find a bitcoin wallet suitable for Android platform, Download APK, and install it to the mobile phone.
in fact, I suggest that if you don't know much about the basic knowledge of bitcoin wallet or have no technical background, you should not store bitcoin in your downloaded wallet. Now the technology of online wallet is quite mature. You can store bitcoin in online wallet, which is simple, convenient and safe. Of course, you can also find a bitcoin payment company to help you receive bitcoin
there are some bitcoin wallet installation tutorials on bitcoin home. You can learn about them.
the first step is to find a new computer or an old computer with a low-level hard disk format, and install the Linux operating system Ubuntu when the network is disconnected (the following figure is an example of installing Ubuntu with a U disk): the second step is to install the electrum bitcoin wallet. After installing the Ubuntu Linux operating system, install the electrum bitcoin wallet offline