You can watch this tutorial here:
Emerald Wallet is designed to be simple and secure and there are six ways in which it helps you achieve the highest security for your crypto:
Through an initial setup global key password
Global key requirement to import an Emerald Vault backup file
Requirement to use the global key for every transaction sent
The change global key or password process
The secure options to create new wallets
The fact that only users control their keys and are encrypted in their own computers
1. Through an initial setup global key password
The first thing Emerald Wallet asks you to do when setting it up for the first time is to create a “global key” or global password so that it can request it for various instances while using the app and managing your crypto.
This global key must be a strong password, this is why it must be at least 8 characters.
NOTE: The password is the only way to access your coins. If you lose it, the only way to restore it is to recover the Wallet from a Secret Phrase backup. Please make sure you have it backed up.
2. Global key requirement to import an Emerald Vault backup file
If you have backed up all your Emerald wallets using the Emerald Vault backup file, and you need to restore it because you lost your computer, it broke, or it was stolen, then Emerald will ask you to use the global key that you created when you set it up initially.
This is secure because if someone gains access to your Emerald Vault, they would not be able to restore it without your global key.
3. Requirement to use the global key for every transaction sent
Each time you wish to send a transaction to the Bitcoin, Ethereum, or Ethereum Classic blockchains to send BTC, ETH, ETC, DAI, USDT, or USDC Emerald will ask you for your global key before sending it.
This is secure because if someone stole your computer or you left it in a public place, nobody will be able to steal your crypto unless they have your global key, even if they have access to your wallets.
4. The change global key or password process
The process to change your global key is secure because it requests your old global key or password to be able to change it to a new one.
5. The secure options to create new wallets
Emerald provides five methods to create new wallets.
This is not only convenient because you have many options to manage your crypto, but it is also secure because the five options are methods that let you backup your keys by yourself.
These five methods are:
Create wallet through Ledger Nano
Create a new 24 word secret passphrase
Import an existing 24 word secret passphrase from another wallet
Import raw private key
Import existing private key JSON file
6. Only users control their keys and are encrypted in their own computers
The most important feature of a self custody wallet as Emerald is that it lets users have custody of their private keys and addresses, therefore total control over their crypto assets.
Emerald enables this by storing your private keys and addresses inside your machine and keeping them in encrypted files.
This means that the only way to use them is by entering your global key, so it protects you even if your computer is lost, broken, left in a public place, or stolen.
Thank you for reading this post!
Please remember to download Emerald here:
