How To Get a Trust Wallet Private Key?

Trust wallet private key explained: what are they & why do you need to keep them safe?

You have created your online wallet using trust wallet. Now it’s important to understand all the features of this application so that you can exchange and store crypto-currencies without worrying. When you start you will have two different keys on Trust Wallet. There is the public key and there is also the private key. These two keys have different functions that are important to remember.

The public key is aptly named because it is public and visible to all users. It will allow you to receive crypto-currency in your Trust Wallet account. This key is like a RIB, you can share it with anyone in order to receive crypto-currencies in a secure way. The public key is also called the wallet address.

Your private key is linked to your public key. It is your password, it is the element that secures your information and your crypto-currencies so that you are the only one to have the hand on it. You must not share this key with other people because your crypto-currencies could be stolen. The private key is your pass to withdraw funds, send funds to your contacts or trade your crypto-currencies.

What is Trust Wallet Private Key

The keys you find on the blockchain are digital signatures. They allow you to leave a fingerprint on the blockchain and so that your actions are recorded over time and visible to all users in an encrypted way.

The public keys are elements that are stored on the blockchain and allow to differentiate all the transactions and to leave a fingerprint of all the actions performed on the blockchain.

As we said before there are different keys, there is the public key and the private key. Since these two keys are used we use the term symmetric cryptography.

Private keys have a more specific use than the public key. It is the tool that allows to decrypt all the information that is sent a public key. It is like your personal password, your digital identity that grants you to validate actions or to proceed to actions on the blockchain.

To summarize what we are saying. So there are two keys on the blockchain. The public key is a tool of information and broadcasting in order to mark your footprint. The private key is an element of decryption in order to have access to information which are intended for you.

 Use of Trust Wallet Private Key

The trust wallet is your best ally in order to perform actions in the blockchain universe. The trust wallet is your crypto-currency wallet that acts as your private key.

If you want to have access to your public address you will have to fill in the information related to your private key to have access to your different crypto-currencies.

If you forget or do not have a private key, it will be impossible to access your different assets. You will not be able to request a withdrawal or send crypto-currency to another person.

How To Get Your Private Key On Trust Wallet (Step By Step Guide)

To get started and obtain your private key on Trust Wallet, you must first obtain your wallet recovery phrase. You will then need to generate your private key using this phrase. It’s not always easy to find your way around the application, so we’re going to explain to you how to find this element as easily and as quickly as possible

Here are the different steps you will have to do in order to recover your Trust Wallet: 

 Step 1

To start, you will need to log into your Trust Wallet application on your mobile or directly via internet

 Step 2

For the second step, you have to click on the Settings button. It is written “Settings” and next to it you will find a small wheel.

 Step 3

You will now find yourself in a menu and you will have to select your wallet.

 Step 4

On the right side of your screen, click on the three dots of the wallet to go to the next step.

 Step 5

You are almost done, now you need to click the “Show Recovery Phrase” button to get to the last step.

 Step 6

You have finally succeeded, you can see your secret key. Write it down carefully on a piece of paper and don’t lose it.

How Trust Wallet Private Key Works

It has been more than 50 years since the first asymmetric cryptography scheme was presented, in 1977. Before that, on the Internet, symmetric key cryptography was used with a single key. This single security key was used to encrypt and decrypt any message broadcast on a network, and was therefore indispensable.

Over the years, new participants and recipients were added to the network. The issue of this unique key became problematic in view of the interest of people. The security of the networks had to be further strengthened. Indeed, the sharing of the key had to be done before the diffusion of the message via the secured channels. Thus, the systems of key systems became limited.

It is thus in 1977 that a trio of computer scientists Ron Rivest, Adi Shamir and Leonard Adleman discovered a new framework. This framework allowed to create two different but corresponding keys. They thus developed the first asymmetric cryptography scheme RSA, which represents their initials.

This first RSA scheme allows to create two asymmetric keys based on complex mathematical algorithms. These two keys are decomposed according to the following model: the first one encrypts the information and the second key decrypts the message. This system thus reinforces twice the security.

It is important to understand that all asymmetric cryptography schemes work on the same principle: it is difficult to factor a large integer. In the RSA scheme, there are two keys. The public key which is an agglomeration of two numbers, one being created by multiplying two large prime numbers. As for the private key, it holds the same two large prime numbers but it as its base.

This explains why these two private and public keys are said to be corresponding and unique as they both hold the same two prime numbers as their base.

For the security of the cryptographic scheme, the keys must be large. It is of course possible to factor a small public key. Let’s illustrate it with an example to demonstrate this irrationality: it is easy to find the prime factors of the 9 digits. However, it is much more difficult to guess the prime factors of the number 247. Thus, the larger the key, the more difficult it is to break the encryption and therefore the security is stronger. This is to be taken if there is a hacking because if the public key is found then the private key is also compromised.

Nowadays, the Bitcoin and Ethereum cryptocurrencies use an asymmetric cryptography framework based on elliptic curve cryptography: ECDSA. As explained earlier, it is essential to have a longer key to be more secure, so this explains why the keys of cryptocurrency networks like Bitcoin are long. To give some numbers, the average length of a key in cryptocurrency varies between 1,024 and 2,048 bits to maximize security and privacy.

How to Keep Your Trust Wallet Private Key

In order to easily find your private key, we advise you to write it down somewhere so that you don’t lose access to your trust wallet account if you forget your password. Be very careful because if you lose your access you may not have access to your crypto-currencies and lose all your assets.

To write down your private key we have different solutions for you:

• First of all you can write down your private key on a notepad that you keep permanently at home
• You can also store this private key on a piece of paper or in a place where you are sure not to lose it.
• -You can also write down your private key on a USB key that you keep at home.

We advise you not to write down your private key on websites or directly on your computer because if you suffer a computer attack or if you have a data leak your code will leak first and anyone will be able to use your cryptocurrency wallet.

Therefore, do not take lightly the fact of writing down your private key and be very vigilant. 

 How to Securely Backup Your Trust Wallet Recovery Phrase

Trust Wallet is an application very well known by the public that is in the world of crypto-currencies. In order to realize the storage, exchange and management of your different crypto-currencies.

It is therefore very important to understand how the application you are using works in order to store and access your different crypto-assets.

Trust Wallet gives you a recovery phrase which is a very important element because this phrase will be asked if you forget your password. Only this phrase will allow you to recover access to your account. That’s why we insisted earlier on how to write down your private key but also your recovery phrase.

A recovery phrase can be compared to a secret question you use on different sites to prove your identity when you encounter a problem with your password.

The recovery phrase should be carefully noted somewhere because it can be used in many circumstances. If you are attacked on your computer or cell phone or if you forget your password this recovery phrase will be both a barrier to prevent malicious people from accessing your account or to allow you to access it again if you forget your password.