The IOTA Trinity Wallet at a glance

Markus

Of course, every owner of IOTA must also think about where to stores them or how to keeps track of them. This is where the Trinity Wallets comes into play. This is the digital wallet that displays all your IOTA. In addition, it allows to send and receive IOTA.

Source: https://trinity.iota.org/

The Trinity wallet you should handle as a real wallet. After all, it is a virtual currency that has a value. If you lose the Seed (the seed is explained below) of your virtual wallet, you lose the content — as in real life — in this case, the IOTA, but where can you get such a digital purse and what should you pay attention to?

Source: IOTA Foundation

On the 2th of July the IOTA Foundation announced the full release of the Trinity wallet on all major mobile and desktop platforms.

IOTA provides a new wallet for its eponymous cryptocurrency. The Trinity (Trinity) baptized software Wallet combines usability and security. During the beta phase, Trinity has been downloaded more than 160,000 times and used for more than $ 1.8 billion in IOTA transactions. According to the IOTA press release, the long test period is explained by IOTA with extensive tests by the external audit firms SixGen and Accessec. Since IOTA is not based on one of the big blockchains, but operates its own tangle network, its own official wallet is particularly important for the convenient handling of IOTA.

This IOTA Wallet is also one of the best compared to Wallet’s other cryptocurrencies and is praised by many experts.

Trinity Wallet Download:

As we know you need a wallet to secure your IOTA. Each wallet is identified and protected by a unique access key known as a “seed”. The seed is an 81-character string, comprised of capital letters A-Z and the number 9. There are 27⁸¹ = 8.7x10¹¹⁵ possible combinations for IOTA seeds!

It’s important to note that while we call them wallets, they do not actually store tokens. They are better thought of as keychains that provide access to the tokens. The user-friendly Trinity-Wallet is available on mobile and desktop. The Trinity Wallet has many advantages

  • Paramount Security: Safe seed storage with strong encryption and two-factor authentication helps to protect your funds.
  • Easy Management: Access multiple accounts with a single password. Your transactions and balances are updated automatically.
  • Fast Transactions: Quick transfers and automatic promotion make transactions smoother than ever.
  • Market Watch: Trinity keeps you up-to-date with the current value of IOTA across a range of currencies.

Set a seed for Trinity Wallet:

  • Open Trinity
  • To create a seed in Trinity, click Yes, I need a seed. If you already have a seed, or if you created a seed outside of Trinity, click No, I have one.
  • Enter an account name for your seed
  • You can choose to rename your account later in the Account management
  • Select an option to back up your seed and enter a login password. You will need this password every time you log into Trinity.

Never use a foreign online seed generator for IOTA and secure your seed well.

If you need more information then go to: https://docs.iota.org/docs/trinity/0.1/how-to-guides/create-an-account or have a look at this youtube:

Source: IOTA Foundation

The seed is the key to your wallet and needs to be well secured. If the seed is compromised, forgotten or misplaced, there is no recourse. I would like to create a sensitivity with this. It should be clear to everyone how important the safety of the seeds is and that there are actually people who have lost their seed and therefore their IOTA. The topic is very important for newcomers. For example, hard disks can be broken, messages sent over the Internet can be intercepted … Bitcoin is believed to lose about 20% forever and, for example, Elon Musk is said to have lost its seed and millions of dollars(to todays equivalent value).

We’ve done a Twitter survey on the topic, showing that there are some people who have lost IOTA’s. That does not have to be. https://twitter.com/publicIOTA/status/1148856428716859392

Here is a link that will help you with the security https://blog.iota.org/the-secret-to-security-is-secrecy-d32b5b7f25ef

Please secure your seed very well !!! For further questions we have started a telegram group: https://t.me/TestIOTA

If you want to think about further security, then you should deal for example with the products Ledger. I’m just putting in a link, because this is not supposed to be a promotional event for Ledger.

I belong to a small independent group called public IOTA. It would be great if you want to support our projects:

END

IOTA: GVVZUBLGQDUYQADECSNQEMNWK9SRWPJEVDZ9XBRDQINCWYQFRXHMYAKSJB9XFUQHPSGRBCHBPBVPZBZTWOGQ9INOSD

Thank you very much!

The „public IOTA project“ is not part of the IOTA Foundation or linked to any other way, it is an independent project to support IOTA and it´s applications.

We look forward to your message. Contact: info@publiciota.com

Please be very cautious about trading cryptocurrencies. It can come to a total loss!!!

Markus

Written by

Markus

Interested in cryptocurrencies especially IOTA and member of the public IOTA project.

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