⚡️ Securely control your personal wallet keys

⛔︎ PAY ATTENTION TO KEEPING YOUR PERSONAL KEYS SAFE

❛❛ Estimates suggest that there are tens of thousands of Bitcoin wallets containing around 5 million BTC at risk of losing access, this Bitcoin stash is valued at about $350 billion. The most compelling reason for this assumption is that these bitcoins are in wallets that have not been active for over 8 years, even at times when each Bitcoin was worth $70,000.❛❛

The above quote may be the best way to quote the importance of safely storing private keys. The $350 billion value carries more weight than any human language can describe when it comes to the loss incurred by losing access to assets.

The above bitcoin wallets are believed to belong to early adopters of Bitcoin or those who inherited it. So what really causes misery for these people, what could make so many millionaires forget the password to their own safe containing millions of dollars?

These "lost millionaires" cannot access their digital assets simply because they have been negligent in storing their private keys for decades, perhaps out of negligence due to the relatively low value of BTC years ago.

Managing an invisible wallet, uncommonly used, "a complex code to access a small amount of valuable assets, is also difficult to liquidate" may be the main reason leading to the tragedy of early Bitcoin owners.

Cannot Access Wallet!
Anyone who owns digital assets on the blockchain needs to be aware that they are given absolute power to protect their assets in wallets with top-level security. While having "absolute power" may sound great, it leads to another issue: "No one can support you if you forget the access key to your wallet."


⚡️ RUBI DIGITAL WALLETS.

RUBI wallets are used to store and use assets on the network and are designed with strong encryption rules, using encryption functions like Sha256, RSA, and also giving full control to the owner. Remember that "You are the only one holding your wallet key".

⚡️ HOW A RUBI WALLET IS CREATED
The wallet is created by the user's wallet creation operation, which bears your unique identifier when creating the wallet, including linear elements over time, choices in the image code set, your account status at the time of wallet creation, and your device status. All of this data is mixed together according to a multi-layer encryption rule protected by strong encryption algorithms like Sha256 and RSA. When creating a wallet, a set consisting of the wallet address and private key is generated, with the private key only appearing on the device you used to create the wallet at that time. It is not sent to anyone else other than the initiator, so it is also not stored on any database system, even when you use the wallet in a transaction, your private key is never sent, ensuring that your private key is always known only you.

⚡️ WHAT HAPPENS TO ASSETS IN THE WALLET IF THE PRIVATE KEY IS LOST..
Read again the beginning of this article about what happened to the Bitcoin wallet, the same thing will happen to Rubi asset wallets if someone loses the private key. Those assets will be in an inaccessible state. The Rubi system is designed to identify actions sent from a wallet (Send). And there will be reminders sent to inactive wallets to evaluate the status of the wallet, thereby categorizing these wallets into different groups of different levels of control loss.

⚡️ SOME WAYS - TO HELP SAFELY STORE PRIVATE KEYS.
The Rubi wallet is an improved wallet designed to provide an easy-to-use and convenient storage experience, so the Rubi wallet also provides 3 formats of private keys to help you easily store and use them flexibly. Follow the article on tips for storing personal wallets here (see this article)

⚡️ CONCLUSION

Fortunately, Rubi was born after Bitcoin for more than 13 years, so we have had the opportunity to witness huge losses from simple mistakes.

Why are we sending you this important reminder? Because Rubi is a very user-friendly project, so any common user can easily access and own assets on the network. But when there are many common users, it also means a lack of experience and skills in storage, effectively securing private keys.

We really can't help when we receive daily requests for help with lost private keys, so this reminder is very important. So once again... "Controlling the security of your private keys is an important task" , you need to pay attention at a high level.

❛❛ Right now, mining Rubi is quite easy, with competition at a low level, you only need a click to earn 1.25 Rubi. But if you think you can click 1000 times to earn 1250 Rubi, that's a challenge. Because you'll have to spend at least 1000 days to really persevere in that work.❛❛ 

The Rubi team hopes that with this reminder, Rubi miners will appreciate the value of the assets you own and avoid missing out on valuable opportunities that could change your financial destiny.

Best Regard!
Rubi Team News

Come back KYC Article Series


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Comments (69)

hamdullahjan

How to can i create My wallet ????

0 Trả lời 08:22 17/05/2024

Austinite

How can I create my wallet

1 Trả lời 04:14 17/05/2024

musa123m

I loss my seed phrased how to recover my key

1 Trả lời 01:36 09/05/2024

musa123m

I loss my key account

0 Trả lời 01:34 09/05/2024