A Blockchain wallet is an online application that allows many people to store and transfer bitcoins as a payment to any part of the world and also blockchain is a system that records as many transactions done in bitcoin still many users don’t know how to create blockchain wallet.
It is a free service which makes it easier to send and receive your Bitcoins without the need for Bitcoin client software.
7 safety steps on how to create blockchain wallet account
You should create this account in order to take part in Bitcoin investment and transactions, and if adhere with this 7 safety steps you are already.
STEP 1: download blockchain app from playstore for android user then Apple Store for iOS user which is iphone, Open the blockchain app Choose Wallet option, Create wallet
STEP 2: Click “Wallet” button
Now, You have to create a New Block Chain Wallet account right, so just click “create Wallet” button and in the new page, click “SIGN UP”.
STEP 3: Complete the Registration Form
The subsequently page loads the form, and it asks for Email and Password. Use your main Gmail ID and create a new password for this account.
your Block Chain wallet account has been created. Just click get started to disclose your dashboard which will open in the next tab of your browser.
STEP 4: check your BlockChain Dashboard
In the screen, click “Get Started” to view your new Wallet Dashboard.
You are on your own blockchain wallet account. Now it shows 0 BTC. you are now ready to make thousands of dollars in cash. inquisitive to say
If you open a savings account in your bank, you will get a 16digit number that is unique to identify your account number. Same process here too, just click “Receive” button to get you 34 digits Alpha Numeric characters unique BTC address and it looks like 113NXWvi……….FKMtwDAmBaDqgs7o
STEP 5: make sure to backup your account
Now it’s time to secure your account. Get your backup phrase which will be used in case of your password was lost or to any illegal changes. Click on “Backup Phrase” and it will ask for your account password.
STEP 6: Add your mobile number
Now, go to your account protection. Need to link a mobile number to your blockchain wallet account and enable 2-Step authentication factor which you already know and is similar to Gmail 2-Step authentication.
STEP 7: Block suspected IDs
Blocking IP that suspects to be anonymous from TOR network.
Super, you created a blockchain wallet account and got your unique BTC address.
Safely write your Back up phrase, Unique Wallet identifier used in place of login email iD, password etc.
Accumulate your coins in this secured wallet and use later to purchase anything or invest big!.
How does blockchain work?
It works with block, like a spreadsheet of excel Microsoft office which has rows and columns. Blockchain is a lot more than a crypto-currency, there is distributive ledger technology behind blockchain, information in the blockchain is locked up in a close block.
What is inside the blocks?
Each blocks contains some data, inside the blocks each block has an identifiable hash, this is a unique code that functions as finger print, the block also contain the hash “#”code of the previous block. Any changes to any of block will automatically create a discount to other consecutive blocks since the hashes “#” does not match anymore, it’s a clear indication of data tempering. Each chain is decentralize in a pair to pair network.