Welcome to PlatON Tips-Episode 4
So on this video, we gonna talk about Observed Wallet and Cold Wallet
Set the Observed Wallet and Cold Wallet
Prepare two mobile phones and install the latest ATON.
Make sure that one phone is never connected to the Internet. It is recommended to turn on the airplane mode and turn off WiFi to set it as a cold wallet device. The other one is connected to the network as an observed wallet device.
Create a wallet as a cold wallet in offline environment, click receive to find the QR code. then Click import wallet at the upper right corner of the main interface, and then select Observe Wallet with the mobile phone connected to the network, scan the wallet QR code or enter the wallet address on the mobile phone not connected to the Internet, and click Finish. Then the wallet is set successfully.
1. Observed wallet a wallet connected to network, and is used for observation only. If you need to conduct transactions, the observed wallet need to work with the cold wallet.
2. Cold wallet a wallet that is not connected to the Internet but has a private key, which needs to be kept in a safe place.
If you have set up observed wallets and cold wallets, you can initiate transfers, delegations, delegation withdrawals, etc. with the observed wallets, and have it worked with the cold wallets cooperate for sign. The following Below is an example.
Select an observed wallet, then move to the send page, enter the required trasfer details, and then click Finish. then Click the Next button, then you will find the QR code that would be scanned by the cold wallet.
Click the scan button at the upper right corner, or click the Offline Signature button of the specified wallet to scan the QR code displayed on the wallet page.
The page displays the detailed transaction information. If there is no problems with the transaction, you can click OK, Sign and enter the password.After you can see the QR code of the signed transactions for the observed wallet to scan.
The offline signature is requied when you use observed wallet to send, delegate and withdraw. Click Already Scaned, then you will arrive at the reading signature data page. then Click Send to send the transaction to the blockchain network.
1. Jointly use observed wallet and cold wallet to do transactions.
2. Please do not deposit assets to the observed wallet address that you cannot control.
Thank you for watching this video, follow me and take you to learn more about PLATON’s tips! See you next one!