VechainThor Mobile Wallet To Enter Storage-Only Mode From Dec 31st— VeWorld Wallet Migration Details & Guide
As we get ready to launch the next phase of the VechainThor blockchain in early 2024, it is imperative our core infrastructure meets the needs of our partners, communities and builders. It was with this vision in mind that we kicked off the development of VeWorld — a slick, powerful new wallet built to provide optimal foundations for the vechain ecosystem.
With the addition of a dApp explorer in the next two weeks, VeWorld will have surpassed VechainThor in terms of features, boasting additional functionality such as the Coinbase fiat gateway, an in-built NFT viewer and much more on the roadmap.
With this key technical milestone reached, the time has come to formally announce that on the 31st of December, we will place the VechainThor mobile wallet in storage-only mode as we begin the process of migrating the community to VeWorld en masse. Importantly, keystore extraction remains available after the VechainThor wallet enters storage-only mode — your assets are not at risk.
With this key technical milestone reached, the time has come to formally announce that on the 31st of December, we will place the VechainThor mobile wallet in storage-only mode as we begin the process of migrating the community to VeWorld en masse. Importantly, keystore extraction remains available after the VechainThor wallet enters storage-only mode — your assets are not at risk.
To minimise disruption, we have prepared a guide to help users with the process. Read on for more!
Importing Addresses to VeWorld — A Step By Step Guide
Crypto wallets, in their most simple sense, are an interface that allows a user to interact with digital assets stored on the underlying blockchain. These interactions are enabled via the private key associated with a given address. This private key can be represented in multiple forms — the most commonly used are a seed phrase or a keystore file.
To be able to manage assets via a different wallet, users ‘import’ their addresses using the private key. This then gives them full control over the digital assets associated with an existing address.
The process is simple, and only takes a few minutes to complete. Importantly, users do NOT have to send or transfer any digital assets — your tokens remain in the same address on the blockchain. Once a private key is imported, users have access to all assets as before.
Below, we detail the necessary steps to import your addresses to VeWorld wallets using either a seed phrase, the keystore file or a Ledger device.
Continue reading:
https://vechainofficial.medium.com/vechainthor-mobile-wallet-to-enter-storage-only-mode-from-dec-31st-veworld-wallet-migration-54364fca8562