TokenPay Cryptocurrency Paper Split Wallet Guide

By TokenPay Team | December 11, 2019, 8:00 PM

TokenPay Cryptocurrency Paper Split Wallet Guide

Have you ever wondered how you can generate your TokenPay Paper Split Wallet? Do you have TPAY that you never want to lose, and you’ve recently changed wallets? Look no further.

In this video we will explain about how you can generate your TokenPay Paper Split Wallet . Crypto holding should never have headaches, and the TokenPay Cryptocurrency Wallets offer unprecedented ease of use for our users.

You can download these blockchain wallets by visiting our website, and checking out the Products section. There, you can download wallets for any platform you wish, including Windows, Mac, Linux, Android, iOS, or the Paper Wallet.

Keep in mind that with the TokenPay crypto wallets, all of your funds and private signatures are yours, and yours only. We do not store any information about your seed phrases anywhere. This is why we urge everyone to keep them secure, even write your backup phrases on a physical piece of paper and keep it in your physical wallet. That way, you can treat it just like you would treat fiat currency: it’s all yours, in your pocket.

Hello everyone it’s Ruben here and today we will be talking about the split wallet and showcase it to you. So we covered all the other wallets already and we made videos about those about single paper wallets the bulk wallet the brain wallet the vanity wallet and now last but not least the split wallet .

So basically the split wallet creates a private key and then splits it up into an amount of shares. It is chosen on the page so here you can choose the amount of shares you want you will need a minimum amount of shares to reconstruct the private key. Again which can also be set on a page so that’s what you see on the left side of this you see the number two and that’s the amount of minimum shares you will be needing in order to recreate it.

So what is the advantage of this well for example you can keep if you do a minimum share threshold of 2 you can keep for example one share at your own place and another share for example at Grandma or something like that. If a thief gets his hands on your private key, he still can’t access your funds as he will be in the need of two shares. So absolutely up to you you know you can make as many as one you can put it to ten and spread them all over the backyard so they are sort of an alternative for multi signatures.

But they are best used to split up your private key and hiding the different shares in different locations on paper forty for example for thief or anything else so yeah here you can put the number of shares you want so let’s see eight shares minimum we need 2 and we generate and then here you go you here have a shares enter available shares. So that’s pretty much it that’s the split wallet if you want to check out all the other videos there is a playlist for all the paper wallet. I hope you guys enjoy us feel wish you a great day. I’m out.

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