Code Farmer's Daily - "Out of the Box" Start with Ledger Cold Wallet and Connect Keplr Wallet Complete Tutorial
It's finally time to get serious XD
This year, I got a Ledger cold wallet, which is this
here
-> https://shop.ledger.com/pages/ledger-nano-x
I look at the official website now that the price has returned to more than 5,000 Taiwan dollars, and I don't know why. But when I bought it at that time, there might have been a schedule. The price I bought was 4199.
Well, the price part can only be said that I earned it (laughs)
So what are the benefits of having a cold wallet? Specifically how to do it? Today's article, please read it slowly :D
Why would I start a cold wallet?
Actually, it's about my own situation
Since I became a validator, the accumulation speed of my virtual currency assets is frankly much faster than writing articles. In addition, since LikeCoin opened IBC, I will play OSMO's liquidity mining if I have something to do, otherwise I will be everywhere. Pledge, etc., anyway, I have done a lot of things
As a result, my virtual currency assets are more and more, and by the end of the year, it has exceeded 100,000 Taiwan dollars... Honestly, even my own is surprised.
So in view of this, I also let go of the rhetoric with my friends , so I started the first cold wallet in my life. Because no matter what, as long as there are risks, I can't ignore them.
I already have Keplr, why do I still need a cold wallet?
In a nutshell, security concerns
I don't know how much virtual currency assets you have, but the fact is that when your assets accumulate more and more, you will think about whether I will one day hit a phishing website and be deceived by the notation? Or simply point will I get hacked into the web and have the annotations stolen? wait wait wait
Then cold wallets are your best friend
Generally speaking, the wallets of browser plug-ins such as the so-called Keplr and MataMask (little fox) are all hot wallets. In terms of hot wallet, as long as there is an annotation word entered into the application, it can call up your information and display it
What about cold wallets? It's actually the same mechanism. But the difference is
For each transfer of the cold wallet, you must obtain the consent of the hardware. Instead of directly pressing "Approve" like the web page to send the transfer, the following screen will appear, which can only be done after confirmation on the hardware side. out transmission.
At this time, this picture will be presented on the hardware.
Then you have to press confirm transfer on the hardware before the transfer actually starts
Huh? Do you find it difficult to understand?
Well, anyway, as long as you have any transfer done under the cold wallet, you have to take the USB cable, connect it to your computer, and then every time you send data you have to pick up your cold wallet and press , that's probably the case
(It sounds exhausting XD)
out of the box
Well, it's finally time to unpack the box~ Let's take a look at the contents of the cold wallet!
The first is boxed
Then line up all the contents
In fact, I think Ledger is very caring. He also attached 3 small note cards with the box for you to write notes, then an original USB-TypeC cable , a set of stickers and a host
And if your computer is a Mac, remember to also do a USB-TypeC adapter!
Then we will come to the actual operation. The official operation of Setup even directly shoots a video demonstration, just do it.
Official action video:
The part of the app can be downloaded here
Android: https://play.google.com/store/apps/details?id=com.ledger.live&hl=en_TW&gl=US
Apple: https://apps.apple.com/us/app/ledger-live-crypto-wallet/id1361671700
Since the official teaching is so clear, I will drift by...
Connect Keplr Wallet
Okay, I think this is the focus of our Cosmos chain players, that is, how to connect the Keplr wallet?
Because the popularity of the Keplr wallet and the Cosmos chain is not as popular as the wallets such as Little Fox, etc., so I searched for a round on the Internet and did not have any relevant audio-visual teachings. )
Well, let's get started
First, please open your Ledger Live, connect the cold wallet and enter this screen
Then in the red box, mark Cosmos search
Once found, click install
Open your Ledger when you're done, and this icon should appear in it
Then, press the left and right keys to enter the APP, the screen at this time
Connect your Ledger to the computer, click " + Add Account " of Keplr and then click Import ledger
Then, follow the steps below to complete it
This completes the setup :D
If you have a Keplr wallet on your computer, the web you have browsed should be universal. I have tested it here to playOSMO or go to https://stake.like.co/ . There is no problem!
Connect your phone to Keplr
Keplr has a mobile version, I think everyone should know more or less....
I happen to have two mobile phones in my hand, namely the IPhone X and Samsung A750 (Android 10), both of which have been connected, the steps are the same and both can be used
When you see the Set Done screen at the end, it means success!
other crap
Roughly speaking, the focus of this article is to teach you how to use the Ledger cold wallet to connect to Keplr. After all, the article is numb~ Isn't it just to share the parts that you haven't shared? XD
But I'm serious, in the future, virtual currency and virtual assets are likely to enter the era where everyone has to know. Can you imagine that children born after 2010 may be familiar with Web3 wallets? Can you imagine the situation in which the transfer does not necessarily have to go through the banking system in the future, but can be freely transferred internationally without any fees?
Gradually I believe that virtual assets will gradually be accepted by society. Maybe in the future, virtual assets will not be regarded as game tokens, but as a kind of personal assets.
Understanding cold wallets early is actually not only to protect your own assets, but also to invest in yourself, keep up with the times, and better understand the importance of virtual assets and protection of virtual assets, I think this is the most important
Then I will share the article on cold wallet here, I hope it will be helpful to everyone :D
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