By reading the article “How To Get Trust Wallet Private Key” published in Adaas Investment Magazine, you will get acquainted with private key in software wallets and how to extract your private key from the trust wallet applicationin general.
Table of Contents
Private key in trust wallet
Some Trust Wallet users may need to view and copy their wallet private key for a variety of reasons. In the following, we have prepared a tutorial for obtaining a private key from the recovery phrase, because the trust wallet does not show you the private key directly.
How to find recovery phrase in trust wallet
To view the recovery phrase in Trust Wallet, first select the Setting option and select the Wallets option to display your wallets.
Then select the blue info mark next to the wallet to display the Show Recovery Phrase option. Finally, we click on it to enter and by clicking on I understand the risks, we see the recovery phrase and copy it.
Convert recovery phrase to private key
As you have read, Trust Wallet does not directly provide users with a private key. For this reason, to convert the wallet recovery phrase to the private key, we must use a website or offline software.
Due to the importance of the private key, Adaas Investment Magazine recommends that you use the offline version of this software. To get started, please download the .html version specified in the photo via the link below from the Github.
To do this, after entering the link, download the bip39-standalone.html file from the Assets section. After downloading, please disconnect the device from the Internet.
After opening the downloaded file, first, select the number of recovery phrase words, then in the BIP39 Mnemonic section, enter the words spaced and carefully.
After entering the words of the recovery phrase, you must select your coin type. For example, if you want to retrieve the Shiba Inu token, you must select the Ethereum coin.
After entering the information, you can access the addresses and private keys associated with each address that is intended for the recovery of your wallet from the Derived Addresses section.
How to decode Path section
As you can see in the Derived Addresses section, a table with 4 columns is displayed. The first column is called Path, which you can decode as follows. The structure of each Path is as follows:
m / purpose’ / coin_type’ / account’ / change / address_index
- First note that the letter “m”is fixed for all Paths.
- In the purpose section, the Path standard number is shown, which is different based on the standard of each wallet.
- The coin_type field specifies the number for each coin. For example for Ethereum, 60 is displayed.
- In the Account section, the account number of a wallet is displayed. Some wallets allow you to open multiple accounts for one coin, and the first account is marked 0.
- In the Change section, there are two numbers, 0 and 1, where the number 0 indicates the external transactions that enter from outside, and the number 1 is considered for internal transactions.
- In the Address Index section, the address number created by the wallet starts from 0 and one number is added to it for each new address.
What is the private key?
For each public address through which the cryptocurrency is received, a private key is created that indicates ownership of that public address. This is why it is so important to keep private key and recovery phrase private.
What is recovery phrase in blockchain wallets?
Recovery Phrase is a set of 12 to 24 words that are displayed to the user by the application when creating a wallet on a blockchain.
As the name implies, this phrase allows users to recover their blockchain account. For example, if the mobile phone in which the wallet is installed is stolen, the user can easily recover his wallet. Of course, following security tips such as a strong password for mobile phones is essential to keep their wallets safe.
The end words
At Adaas Capital, we hope that by reading this article you will be fully immersed in How To Get Trust Wallet Private Key. You can help us improve by sharing this article which is published in Adaas Investment Magazine and help optimize this article by submitting your comments.
FAQ
What Is Recovery Phrase?
Recovery Phrase is a set of12 to 24 words that are displayed to the userby the application whencreating a wallet on a blockchain.
What Is Private Key?
Foreach public addressthrough which the cryptocurrency is received, aprivate key is createdthat indicatesownership of that public address.
4.9/5 - (29 votes)
