Install Web Wallet
To have cryptocurrencies, we need an address / wallet to manage them.
There are a few ways to generate an address, we will do this from a mnemonic in a web wallet.
Here are some browser extension wallets:
These wallets generate the mnemonic for you.
In our course we will use Nifty wallet.
Nifty Wallet
Nifty wallet is a kind of web wallet that facilitates transactions with your accounts.
It can also be used with RSK networks because it is already configured for this. It is a Chrome extension.
Nifty wallet was developed by POA network, which is an Ethereum sidechain. At another moment in this course we will talk about sidechains.
If you already have Metamask wallet installed, you have two options:
- Use Metamask in the course.
OR
- Disable Metamask (go to Chrome extensions for this) and install Nifty wallet
I do NOT recommend keeping both wallets active, you'll probably have problems on connections to the wallet.
Create a wallet using Nifty Wallet
Go to
click on Chrome extension.
Click on Add to Chrome.
See the successful installation message in the upper left corner:
Where is the Nifty extension?
If the Nifty window closes...
Look for the Nifty icon in the upper left corner:
If you don't find it, click on Extensions, and then click on Nifty's Pin, so that it always appears in the top bar.
If you aren't able to see the Extensions icon, click on the "three dots" in the upper left corner to open the Chrome menu, go to the More tools menu and select Extensions.
Make sure you find the active Nifty.
Open the Nifty Wallet
Click on the Nifty icon.
Accept the terms of use.
Choose a password
Mnemonic
Copy your mnemonic.
This is the most important part!> If someone knows your mnemonic, can steal your wallet. You can forget the password, but the mnemonic never. Without it you no longer have access to your wallet.
You can click on Save seed words as a file to download your mnemonic.
For example, my mnemonic is:
shoot gate legend member sniff asthma smart slot famous call marriage math
- I hope you don't steal my cryptos because I'm teaching you :)
After copying your mnemonic to a safe place, click I've copied it somewhere safe.
Select network: RSK Testnet
On the upper left corner of the Nifty window, click the down arrow to open the list.
Choose the RSK Testnet network.
Take a look in the selected network, it is RSK Testnet.
Metamask
Our course is based on Nifty wallet, but, if you are an advanced student and you already have Metamask, you can follow these instructions:
using Metamask on RSK networks
Conclusion
Done! You already have your first wallet created.
In the next lesson, you will connect your wallet here at RSK Academy :)