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πŸ‡©πŸ‡ͺ πŸ‡ΊπŸ‡Έ | Not financial advice | Perpetual education on all #DLT-related topics | Technician at 🧑 | Homepage: https://t.co/eEXyXP7Xkv

Dec 3, 2023, 21 tweets

[1/🧡] Here's the promised ALL-IN-ONE thread on the Evernode $XRP-Holder token airdrop.

We'll go over the essentials & how to claim your "Evers" safely using @XummWallet, even if your address is tied to another wallet like @Ledger.

Buckle up; this is going to be a long one. πŸ‘‡

[2/20] β€” Outline β€”

πŸ”Έ Basic Overview
πŸ”Έ Fundamentals
πŸ”Έ Considerations
πŸ”Έ Tutorial (step-by-step)
πŸ”Έ Optional Ideas
πŸ”Έ What's Next?

[3/20] β€” 1⃣ Basic Overview β€” Dates

πŸ”Έ 11.December.2023 β€” Register your addresses
Closes 6:00PM Monday AEDT
Closes 2:00AM Monday EST

β€’ Meantime β€” "Import" onto Xahau and set the correct Trustline

πŸ”Έ 18.December.2023 β€” Targeted Launch
πŸ”Έ After Launch β€” Claim the Evers

[4/20] β€” 2⃣ Basic Overview β€” Why?

What a struggle, you may say, but the devil is in the details.

They must airdrop on another blockchain based on an XRPL snapshot, screen out people who are unable or unwilling to participate, and match the specific qualifying token numbers.

[5/20] β€” 1⃣ Fundamentals β€” Regular Key

On XRPL, an account's "regular key" may be viewed as a separate but empowered address with the authority to operate your main account on its behalf.

This is usually the case if you like to have this:
πŸ”Έ Deputy Account
πŸ”Έ Backup Account

[6/20] β€” 2⃣ Fundamentals β€” Import

πŸ”Έ XUMM β€” Full Access

One way of importing an XRPL-Account into XUMM is to import the keys or seeds alongside the public address, which will convert your wallet into a "Hot-Wallet."

❌ Keys should not be migrated from one wallet to another

[7/20] β€” 3⃣ Fundamentals β€” Import

πŸ”Έ XUMM β€” Read Only

By doing so, you just import the public address of your cold wallet and thereby advise XUMM that it exists and that you wish to see balances or kick off transactions without signing them.

βœ… No security concerns

[8/20] β€” 4⃣ Fundamentals β€” Import (Add Card)

πŸ”Έ XUMM β€” Tangem Card

Because the keys are always stored on the card, you may import the public address in read-only mode or safely add your Tangem card in full access mode.

βœ… No security concerns

[9/20] β€” 5⃣ Fundamentals β€” Import

πŸ”Έ XahauL β€” r-address

This specific "import" of your XRPL account using a yet-to-be introduced tool will assist you in initially setting up your account on XahauL.

@XrplServices has already summed it up precisely πŸ‘‡

[10/20] β€” 6⃣ Fundamentals β€” Register

πŸ”Έ XUMM β€” SignIn TX

Have you ever wondered why your signed claim TX is never sent to the XRPL?

This is because it is a XUMM-specific "pseudo-TX-type" that responds with:

β€’ Signed by?
β€’ Valid signature?
β€’ Multi-Signature Wallet?

[11/20] β€” 1⃣ Considerations β€”

Before we begin the tutorial, a few last words.

We're about to temporarily give another account the authority to sign TXs on our behalf.

If this account was never linked to your cold-wallet, the linking may undermine your privacy or security.

[12/20] β€” 2⃣ Considerations β€”

We will never migrate or leak keys, instead exposing our cold wallet to a second deputy-account, the XUMM mobile wallet, which is only ever not a hot-wallet when linked with a XUMM branded @Tangem card.

If you're unsure, ask questions! πŸ˜‡

[13/20] β€” 1⃣ Tutorial β€”

πŸ”Έ Wallet Preparation (Import)

[14/20] β€” 2⃣ Tutorial β€”

πŸ”Έ Regular Key Configuration

[15/20] β€” 3⃣ Tutorial β€”

πŸ”Έ Evernode Address Registration (XUMM)

[16/20] β€” Optional Ideas β€”

Depending on your paranoia, you may even move away your XRP from your cold wallet before continuing the registration w/ an empty wallet.

In this case, you might not even need the extra security of a Tangem card account and just use your hot-wallet.

[17/20] β€” What's Next? β€”

With our claim tickets in hand, we are now waiting for @XRPLLabs to launch the "import" tool that will allow us to kickstart our trip on the @XahauNetwork.

After that, we just add a trustline to rEvernodee8dJLaFsujS6q1EiXvZYmHXr8 on the XahauL.

[18/20] β€” Summary β€”

πŸ”Έ To claim with XUMM, use a regular key setup
πŸ”Έ Donβ€˜t import/migrate secrets in full access
πŸ”Έ XUMM is safe in and of itself, yet still a hot-wallet
πŸ”Έ Use a Tangem-card for your regular-key account
πŸ”Έ The regular key method doesn't leak keys

[19/20] β€” Krippenreiter β€”

I write about DLT and crypto, but primarily about XRP and the XRPL-ecosystem. πŸ”₯

If this interests you and you want to learn more, please follow me here:
@krippenreiter

Feel free to contribute by sharing here πŸ‘‡

[20/20] β€” Support & Donate β€”

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