Opening An Ethereum Wallet - Smart Contracts Tutorial

Opening An Ethereum Wallet is a free tutorial by Rangel Stoilov from Smart Contracts course
Link to this course(Special Discount):
https://www.udemy.com/course/solidity-smart-contracts-build-dapps-in-ethereum-blockchain/?ranMID=39197&ranEAID=Gw%2FETjJoU9M&ranSiteID=Gw_ETjJoU9M-Qyqqvh6gCbb8IO0bxqmUDA&utm_source=aff-campaign&LSNPUBID=Gw%2FETjJoU9M&utm_medium=udemyads
This is the best Smart Contracts Course
Course summary:
How To Develop Your Own DApp
Basic And Advanced Concepts Of The Solidity Programming Language
How To Use Truffle Framework & Ganache
How To Perform Unit Testing On Your Smart Contracts
Using Remix As Online IDE
The Essentials Of The Ethereum Blockchain
How To Keep Your Crypto Assets Secure
How To Use Metamask As Your Ethereum Wallet
How To Create And Deploy Your Own Token
English [Auto]
Welcome to this updated lecture on how to create your first tier and wallet since miter wallet has updated their Web site. Now we have a different interface and I had to update my lecture. Now we have two basic options here. We can access your wallet or create a new one. Let's see what options do we have for creating a new world. Click on Create new wallet here. I'm going to talk about new connect later in this video. However let's focus now on the customer file and the mnemonic phrase options that we have. Remember this is not a correct minded way of creating quality by my wallet. This is because the information that we receive is sensitive and someone can hijack it. And this is the option for experienced crypto users like you. So now let's learn how to create a key star file. First let's create the password for our wallet. Please remember this password is you're going to need it. Now let's click on Next. Now we're going to save our key store file. Make sure you don't lose it and you don't share it with anyone. Also it's a good idea to back this file in an external hard drive or use B flash drive and keep that safe somewhere in your home. So now let's download the keys to our file. Now you have the option to access your wallet. Click on access my wallet. Now here are the options which we can use to log into our wallet. We can use the mute Connect App or we can use a hardware devices like ledgers Feeney trees or sackcloth and other stuff like that. We also have the option to log in with metal mask which is quite convenient. And I'm going to talk later in this video how we can create our wallet with metal mask and log in here. Now the last option that we have is to use the keys to a file or a private key. So let's click on that and like a key star file click on continue and list locate our key store file and select it use the password you used to create your wallet. And there we have it. You're inside your wallet. So now that we are inside our wallet let's see what we have here. Here on the top. We have our atrium address that we can use as a QR code. For example we can print that out like this and give it to somebody or we can just copy it and send it to someone. We have our balance. And here on the right side we have the network that we connect to. We can change this to other test networks or other networks which are custom for us but we're going to talk about this later in the lectures so let's leave that. Now we have here the option to send teeters and tokens to other addresses as you can see you just enter the amount and Andras we have advanced settings like Guess which we're going to talk in later lectures now. Let's take a look at the other ways which we can create our auditorium wallets. Let's sign out of our account and go to the create a new wallet again. Now we're going to use the new connect application and I'm going to show you how you can use it now. You'd want to install this on your Android device and open it the first time you open the application. It would ask you to create a new wallet. Click on Create new wallet. It will ask you to pick a password. So choose one and enter it now it would ask you to type your password again. But remember there is no restore of the password button. So make sure you remember that. Now the application is getting your interim address and encrypting your private key so it can store it in inside your phone basically. Now it's going to say it's everything is done and you can start using connect. Now this is inside the new connect. We are required to take action of back up our auditorium wallet. So let's do this now let's click on backup now and prepare a sheet of paper where we can write down our recovery phrases. Let's start at enter your password for the atrium wallet and now you cannot see that because I am streaming and the application is blocking this from streaming services but you're going to be displayed to 24 mnemonic phrases. You should write down on a piece of paper. Now when you're done click on next and the application would like to double check if you have written correctly the words. So