Wallets

A secure wallet is created for everyone on Serra.

Do I need to get a crypto wallet for Synergy of Serra?

No, you do not need to get a wallet for Synergy of Serra.

One is created for you when you sign up for the website, but you need never interact with it if you do not want to.

What even is a crypto wallet?

A cryptocurrency wallet, or crypto wallet, allows individuals to securely store, manage, and interact with their digital assets, such as cryptocurrencies like Bitcoin (BTC), Ether (ETH), or other digital tokens like NFTs.

A crypto wallet consists of three main components: a public address, a recovery seed phrase, and a private key. The public address is used to receive funds and is similar to a bank account number. You can share this without a problem.

However, the recovery seed phrase and the private should never be shared.

What is the recovery seed phrase?

Your Synergy of Serra recovery seed phrase is a sequence of 12 words that serve as a human-readable representation of the private key or "seed" of a cryptocurrency wallet. It is typically generated when creating a new wallet and is used as a backup and recovery mechanism.

The main purpose of the recovery seed phrase is to allow Serrans to change their password. It's other important use is to easily back up and restore their wallet in case of loss or damage to the original wallet or device. With the recovery seed phrase, users can recreate their wallet on another device or a compatible wallet software.

It's important to keep the recovery seed phrase secure and confidential, as anyone with access to it can potentially gain control over the associated wallet and its funds. It is recommended to write down the seed phrase on paper and store it in a safe and offline location, like a secure physical vault or a locked safe. Some individuals also opt for more durable and tamper-resistant solutions, such as metal plates designed to engrave or etch the seed phrase.

It's crucial to emphasize that the seed phrase should never be shared with anyone and should be kept offline to minimize the risk of it being compromised by malware or hackers.

What is the private key?

The private key is similar to the seed phrase, but it is alphanumerical like the public key. Unlike the public key, though, you should never share the private key with anyone.

The private key is a unique cryptographic code that provides access to the funds stored in the wallet. You can use it to import your Synergy of Serra wallet into a hosting service such as MetaMask or Trust Wallet.

It is essential to keep the private key secure and confidential as anyone with it can access what is held in the wallet.

Are there different types of wallets?

Crypto wallets come in various forms, including:

  1. Software Wallets: These are applications or programs that can be installed on computers, smartphones, or tablets. They provide the convenience of accessing and managing your cryptocurrencies through a user-friendly interface. Examples include MetaMask, Trust Wallet, and others.

  2. Hardware Wallets: These are physical devices, often resembling USB drives, that store the private keys offline. Hardware wallets offer increased security as the private keys never leave the device, making them less vulnerable to hacking attacks. Popular hardware wallets include Ledger, Trezor, and KeepKey.

  3. Paper Wallets: A paper wallet is a physical printout or document that contains the public and private keys necessary to access and manage cryptocurrencies. It can be generated offline and is considered a secure form of cold storage. However, it requires careful handling and protection from physical damage and loss.

  4. Online/Web Wallets: These wallets are hosted on online platforms or exchanges. They provide accessibility and convenience but carry higher security risks since the private keys are stored and managed by a third party. It's crucial to choose reputable platforms and enable additional security features like two-factor authentication (2FA).

I prefer using a different wallet. Can I transfer my crates to it?

Yes. Simply by connecting your wallet via your Account screen, found in the top right of the website, and then use the "Transfer" option on the Inventory page.

The blockchain selected doesn't matter for transferring your Synergy of Serra Items.

How does a hardware wallet work?

A hardware wallet is physical device that securely stores the private keys of a cryptocurrency wallet. The device generates and stores the private keys offline, which makes it more secure than storing the keys on a computer or mobile device that is connected to the internet.

When someone wants to access their wallet, they connect their hardware wallet to a computer via USB and enter a pin code to unlock the device. The user can then use the device to sign transactions and access their wallet. Because the private keys are stored offline, they are less vulnerable to hacking attempts and other online security threats.

The specific process of setup and use can vary between different hardware wallet models, but the general principles are the same. Some of the most popular hardware wallets include Trezor, Ledger, and KeepKey.

A hardware wallet is a great way for you to secure your Synergy of Serra Items and Resources and keep them safe from malicious actors. However, it is still important to have a backup of the private keys and seed phrases in case the hardware wallet is lost or damaged.

How do I connect my hardware wallet?

If you would like an extra piece of mind over the security of your Synergy of Serra Items and Resources on Serra, then you can connect a hardware wallet to your Synergy of Serra account using the connect wallet feature.

What will happen to my Alpha Fame if I move my Synergy of Serra Items?

Please see Can I move my Fame?

How do I connect my wallet to the Polygon blockchain?

Using Metamask, go to the dropdown menu at the top and select Polygon Mainnet.

You can add this network by selecting Custom RPC and enter:

  • Network Name: Polygon Mainnet

  • New RPC URL: https://polygon-rpc.com/

  • ChainID: 137

  • Symbol: MATIC

  • Block Explorer URL: https://polygonscan.com/

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