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Welcome to Shentu Chain Trivia Tuesday.
How much do you know the blockchain?
Let's test your knowledge with the following trivia.
Drop your comment below, we are watching for consistently correct answers.







#COSMOS#Blockchain#Crypto#cryptocurrency#DeFiShow this threadThanks. Twitter will use this to make your timeline better. UndoUndo -
What is a dApp?
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Which is NOT a part of asymmetric encryption?
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If you enjoy reading our series on security tips for your digital asset, kindly share to your crypto friends and family. May Shentu guard your asset!
#Shentuchain#Shentuguard#guardianoftheblockchain#cosmos#cryptocurrencies#DeFi#Cybercrime#BlockchainShow this threadThanks. Twitter will use this to make your timeline better. UndoUndo -
So, hardware wallets are secure from both internal and external theft and that's why they remain the best. We strongly advise you, if you can afford it to look into getting a hard wallet for the security of cryptoasset.
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Even if you lose your hardware wallet, the assets are backed up with a single seed phrase. This seed phrase usually called a recovery phrase contains a list of words that can easily re-generate your private key on another hardware wallet.
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sign the transaction and then finally send back digital signature to the software. This is what completes the transaction. There's no access whatsoever from the outside world (computer/device/internet) to your hardware wallet during any transaction.
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your hardware wallet asks the computer or device it's connected to, to provide the payment details such as the requested amount or address. Once these details are received, your hardware wallet will await any user confirmation from you,
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this leaves a window of vulnerability and anything can happen in a matter of seconds. As stated already, hardware wallets absolutely don't expose your private keys even during transactions. What happens during a transaction is;
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Originally, traditional offline wallet clients would only use private keys from your device storage or hard drive, but that is very vulnerable to attacks. Of course, you can easily encrypt the hard drive or device storage, but you'd need to decrypt it before using. Again,
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One thing you need to remember all the time is that your private key will never leave your hardware wallet. Each and every transaction validation done is carried out inside your hardware wallet itself, not on the computer or device it's connected to.
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They are so secure that you can actually use them even with devices/programs you don't trust. The beautiful part of it all, is that your wallet with remain disconnected in your bag, purse or pocket at all times.
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A hardware wallet is the beautiful combination of the safety cold wallets offer and the ease of transaction hot wallets offer. Hardware wallets are physical devices that act like flash drives to store your private keys with.
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A hardware wallet is a kind of cryptocurrency wallet that lets you secure (store) your private keys in a physical device. "In a physical device", means the cryptocurrency stored in such wallets are kept offline, thus aren't accessible to cybercriminals & hackers.
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On todays episode we would be exploring the importance of hard wallet for securing our cryptoasset and why these wallets remain one of the best and safest options you can ever choose when looking to store your crypto. So what exactly is hardware wallet?
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Episode Four: Hard wallet. Shentu Chain Community Educational Series. In our last episode of our Shentu Community Educational Series on how to secure your cryptowallet and cryptoasset, we stated the importance of a password manager and how it greatly improve your security online
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gm gm gm REMEMBER NOT YOUR KEYS, NOT YOUR COINS!!!
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We strongly advise you look into obtaining a good password manager for your own security. See you soon, May Shentu guard your asset!
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These are some useful reason we recommend the use of password manager for your crypto wallet to avoid using same or weak passwords across multiple wallet addresses. Password managers are not only useful for you wallet but also securing your email, social account, personal details
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And, for the times you’re in a crowded or busy place typing in passwords can be seen, copied and later used by criminal elements. Using a password manager in many cases removes the need to type any passwords in at all.
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