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Does the case of wallet address matter?

The case of the wallet address has no effect. Just make sure it's correct.

1. What is a wallet address?

Wallet addresses are the most common ones for us. They are a combination of numbers and letters, which look a bit like garbled characters. The wallet address is like a bank card number and represents your Bitcoin account. Wallet addresses are available through exchanges, Bitcoin clients, and online wallets.

1. The wallet address can be regarded as a bank card account number

2. It will not be repeated

3. The private key will not be deduced

< p> By tossing a coin, heads will be counted as 0, tails will be counted as 1, and after tossing 256 times in a row, a 256-bit binary number will be randomly obtained. This number is the private key, and then the address will be generated through the encryption function, in hexadecimal form. control display.

2. What is a private key/mnemonic?

Mnemonic = private key = bank card + password

Mnemonic = described in human language The private key

Both of these have the highest authority. Anyone who gets it can directly transfer all the property in your wallet, just like taking your bank card and password to withdraw money directly from an ATM. Same.

Give a vivid example:

Private key: x12Nedx3edsrEdfh

Mnemonic: love can play games tomorrow money

Private key It is completely meaningless, and the mnemonic is composed of words. Although the meaning is not great, it is much easier to remember and it is not easy to make mistakes.

3. What is KEYSTORE/Wallet Password

Because for digital currency wallets, the responsibilities of the address and keystore are separated. The address is only responsible for transfers, and the keystore is responsible for security.

Therefore, only the keystore needs to be used with a password, while neither the mnemonic nor the private key requires a password. This is very different from bank cards in terms of security.

Keystore = bank card

keystore = encrypted private key

eystore+password = bank card+bank card password = private key/mnemonic phrase

Technically speaking, keystore is a piece of structured content that contains a lot of information, such as address, password, ID, encoding, encryption method, etc., which is similar to a bank card. Holding a bank card without a password is of little use.

4. About backup

Recommended backup priority

It is best to back up the keystore, because the wallet password is stored in the user's mind and there is no direct hidden danger.

The second step is to back up the mnemonic phrase. It is recommended to copy it on physical media, such as paper, and keep it in a safe place. Never put it in WeChat or email, for example. This is equivalent to sending money to others.

The last thing to do is to back up the private key, which should also be backed up on physical media.

Develop a good habit

1. If all three sets of information are lost, it is absolutely impossible to recover the wallet!

2. After the backup is completed, verify it by yourself. Sex, and then find a place to save it, a lesson learned in blood.

5. Regarding information leakage

Address leakage has no impact at all.

If the wallet password is leaked, there will be no impact as long as the phone is not lost. (The keystore is stored on the mobile phone)

The address + password will have no impact as long as the mobile phone is not lost. (The keystore is stored on the mobile phone)

If the keystore is leaked, there will be no impact as long as the password is not lost. (The password is stored in the user's mind)

If the keystore+ password is leaked, quickly transfer the assets to other wallets and regenerate the keystore+ password. The original account will no longer be used. (The wallet address can still be used)

The mnemonic phrase and private key are leaked. Same as above. Transfer assets and no longer use the leaked wallet. (Wallet address can still be used)