Installing MetaMask
Firstly, we are going to install MetaMask. That is a browser plugin which can securely store private keys and connect to different blockchains.
How this exactly works is something we discuss later. For now we just play around.
Download MetaMask
Open https://metamask.ioā and download the plugin for your browser
Perfect, thatās it. Now, letās setup MetaMask and make it secure.
Setup MetaMask
When you install MetaMask, then it will automatically open up a āsetupā page.
Hit āBeginā and walk through the setup-wizard. Letās create a new Wallet!
Statistical Information
If you want to send statistical information, is totally up to you, both is fine:
Set a Password
Create a new strong password. This password is used to encrypt your private keys. What private keys are exactly is discussed in a later section of the course, suffice to say though, they give access to all your Ether. So, better have a strong password here:
Backup Phrase
It would be better to safely store the secret phrase, but for sake of simplicity, letās just skip this for now:
A seed phrase (or here: Backup Phrase) is usually a number of human-readable words (e.g. 12 words). This represents the āmaster keyā to regain access to all your accounts. It is a simple algorithm to create a number of private keys based on your backup phrase. Donāt worry if you donāt know yet what this means - just remember: Never (like never ever) give out your seed phrase!
Final Screen
And you should be greeted with this screen:
Letās see now how we can use MetaMask to transfer Etherā¦