How To Set Up A MyEtherWallet For The ONSTELLAR ICO

in #onstellar7 years ago (edited)

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This is a tutorial for creating a Ethereum wallet on the free webservice MyEtherWallet. This will be relevant for all interested investors of the ONSTELLAR ICO on March 29th. Please follow the guide very thoroughly to avoid any potential losses.

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This is Tutorial 5 out of 9 for the ONSTELLAR ICO. (overview)

Step 1:


Open the website https://www.myetherwallet.com/ in your web browser.

Make sure to navigate there directly and don't click any links on a website or in a search engine. There are so-called phishing websites out there that resemble original websites which may try to steal your money.

Double check if you are on the an official ETH network in the top right corner. ETH (myetherapi.com) should be the default option.

If that is the case enter a secure password for your wallet in the big password field in the center and finally click Create Wallet. Make sure to remember this password and maybe create a paper copy of it which you store in a secure location.

MyEtherWallet-1.png

Step 2:


Download the keystore file and safe it on an external flash drive which you keep in a secure location. This file will allow you to recover your wallet as a backup plan. Never share this file with anybody!

After you are done with that click on I understand. Continue.

MyEtherWallet-2.png

Step 3:


You can now print your unencrypted Paper Wallet. This is an optional step but highly recommended as an extra backup for you. Make sure to keep this in a secure location and not at the same place as your keystore file to avoid loss in case of fire, water or something like that.

Do not safe your private key on any cloud service or online storage as that might get compromised!

After you are done with that click on Safe Your Address.

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This is how the Paper Wallet will look like:

MyEtherWallet-4.png

Step 4:


You can now unlock your wallet. Try to use your new keystore file for that to see if that works. You will be asked for your wallet password that you generated in Step 1.

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After entering for the first time you will see wallet details where you can access the private key, a QR code address, download the keystore file again and print the paper wallet again.

MyEtherWallet-7.png

Step 5:


You have a now a fully functional Ethereum wallet. If you want to send funds from there to another wallet you can login by clickin gin the main navigation on Send Ether & Tokens. That will bring you to the access page where you can select Private Key. Every time you do that you should double check the URL and the SSL certificate of the website to avoid entering your key on a phishing website.

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You will land in your wallet from where you can now send funds to other wallets. We will provide a tutorial just for that soon.

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Finished!


That's it! You have successfully created an Ethereum wallet compatible with the ONSTELLAR ICO.

Check out the ONSTELLAR whitepaper and social media links to learn more about our Smart Media Token project for esoteric topics.

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Hey, just took a look at the whitepaper and it looks like a really interesting project. I just signed up and will be claiming some bounties very soon! I look forward to exploring it more and seeing how I feel about it! :)

NOTE: Page 15 of whitepaper, was the '-' in contr-ibutes intentional, or a typo?

" anyone who advances the conversation
and contrib-
utes meaningfully to OnStellar’s
growth deserves their fair share. "

That is probably a typo. Thanks for pointing it out!

Onstellar is specifically for the "enlightened" while on Steemit there are people basically from many areas of interest, I am really excited to see these dynamics playing out.

Thanks for the tutorial. I registered on Onstellar and created my Ether wallet just before I found your tutorial here😃

I am quite startled bt the pace at which everything related to cryptocurrency is hitting me now. I just entered Steemit a month ago and now I found this project and signed up as well. Add Manna on top of that and we already have these three currencies which are available to all people anytime. Personally, I think that Mannabase will eventually be the basis most people will be registered for because it distributes the currency Manna (as Universal Basic Income) on a weekly basis without further conditions, and the more people are in the higher the Manna price gets. Then it gets really interesting as to how Onstellar develops next to Steemit. Surely, Onstellar is specifically for the "enlightened" while on Steemit there are people basically from many areas of interest, I am really excited to see these dynamics playing out. Definitely worth to be part of all three of these! :)

Thank you for your interest in our project! OnStellar will make it easier for esoteric content creators to find their audience and vice-versa.

thanks for sharing! i will start following your exciting posts! Checkout my posts as well

myetherwallet good wallet

Congratulations @onstellar, this post is the second most rewarded post (based on pending payouts) in the last 12 hours written by a Newbie account holder (accounts that hold between 0.01 and 0.1 Mega Vests). The total number of posts by newbie account holders during this period was 3087 and the total pending payments to posts in this category was $1925.40. To see the full list of highest paid posts across all accounts categories, click here.

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Wow! this is clear, precise and educative. i have also register on your website for ICO participation, i believe in this project as it promises to be great. Good job.

Fantastic, we are glad to have you onboard!

Just read the White Paper and this project looks promising, a have to read again to really understand what is the purpose of this. This topic that was posted is a reallh great help specially to the new investor. #ONSTELLAR #ONSTtoken

We basically want to give a platform and monetization form to esoteric content creators and at the same time create a collection of knowledge of this kind for the world.

nice, it will solved the newbie participants like me. looks very interesting project from on stellar. it was very succesfull ico.

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WARNING - The message you received from @darsondrew is a CONFIRMED SCAM! DO NOT FOLLOW the instruction in the memo! For more information, read this post: https://steemit.com/steemit/@arcange/phishing-site-reported-sleemit-com

i'm so currious with this token i hope will be the best token, i always support onstellar, i never imagined this token will be the best token i ever have. So what are you waiting for guys?

Good article, like always!)

I apologize for the phishing action spread by this account before, now this account has been restored and returned to its original owner, Thank you

This is a fake link, probably Phishing for your keys and passwords. Beware!