VechainThor Mobile Wallet To Enter Storage-Only Mode From Dec 31st— VeWorld Wallet Migration Details & Guide
As we get ready to launch the next phase of the VechainThor blockchain in early 2024, it is imperative our core infrastructure meets the needs of our partners, communities and builders. It was with this vision in mind that we kicked off the development of VeWorld — a slick, powerful new wallet built to provide optimal foundations for the vechain ecosystem.
With the addition of a dApp explorer in the next two weeks, VeWorld will have surpassed VechainThor in terms of features, boasting additional functionality such as the Coinbase fiat gateway, an in-built NFT viewer and much more on the roadmap.
With this key technical milestone reached, the time has come to formally announce that on the 31st of December, we will place the VechainThor mobile wallet in storage-only mode as we begin the process of migrating the community to VeWorld en masse. Importantly, keystore extraction remains available after the VechainThor wallet enters storage-only mode — your assets are not at risk.
To minimise disruption, we have prepared a guide to help users with the process. Read on for more!
Importing Addresses to VeWorld — A Step By Step Guide
Crypto wallets, in their most simple sense, are an interface that allows a user to interact with digital assets stored on the underlying blockchain. These interactions are enabled via the private key associated with a given address. This private key can be represented in multiple forms — the most commonly used are a seed phrase or a keystore file.
To be able to manage assets via a different wallet, users ‘import’ their addresses using the private key. This then gives them full control over the digital assets associated with an existing address.
The process is simple, and only takes a few minutes to complete. Importantly, users do NOT have to send or transfer any digital assets — your tokens remain in the same address on the blockchain. Once a private key is imported, users have access to all assets as before.
Below, we detail the necessary steps to import your addresses to VeWorld wallets using either a seed phrase, the keystore file or a Ledger device.
Seed Phrase Import
The seed phrase is a set of 12 words, generated the first time a wallet is created. Once created, users are asked to write them down, inputting them into the wallet to verify them before deletion. The seed phrase is only shown once, thus, it is important it is kept secure.
To import an address via seed phrase, write the 12 word phrase into the ‘import wallet’ tab of the VeWorld wallet. Please note: All words should be lowercase, with a single space separating each word.
Check out our video tutorial below:
KeyStore Import
The Keystore is a password encrypted exportable file that contains the private key of a given address. It uses the same password set by the user at the time of wallet creation.
Following a recent update to VeWorld, users can now import keystore files directly from the VechainThor wallet (and others). The process is simple — select ‘export keystore’ in VechainThor, input your password, copy the file and paste it into the ‘import wallet’ tab on VeWorld, inputting your password once more to decrypt the key.
See below for a video guide on how to complete the process:
Ledger Address Import
If you are using the Ledger Hardware wallet to manage your digital assets, importing your addresses is simple. Your private key is safely stored on your Ledger wallet — importing your balances to VeWorld requires a few quick steps, similar to the above.
If you have a Bluetooth-enabled Ledger, you can use it in combination with VeWorld mobile.
Simply tap the wallet icon in the top right of the screen, select ‘Import Wallet’, then ‘Hardware Wallet’ and follow the instructions.
If you use a USB Ledger device, you will need to use the VeWorld browser extension to import your address.
Click the three dots in the top right, select ‘Wallet Management’, then ‘Import Wallet’. Choose ‘Hardware Wallet’ and follow the instructions on-screen.
VeWorld — The Future of Asset Management and Decentralised Applications on VechainThor
VeWorld was conceived to become the main Wallet for dApp builders and digital asset management in the vechain ecosystem. It is readily upgradeable, lightweight, agile and slick, with a dedicated team monitoring support tickets and proactively adapting the best features from across the crypto-space.
With 232k downloads to date, VeWorld is quickly becoming the de facto wallet of choice for vechain users. As we continue to add features, VeWorld is destined to become the foundation of our future blockchain and sustainability ecosystems, driving our vision of onboarding the next billion users to Web3.
Welcome to the future of vechain — see you in VeWorld!
About vechain:
vechain, headquartered in San Marino, Europe, is the curator of VechainThor, a world-leading smart contract platform spearheading the real-world adoption of blockchain technology.
By leveraging the capabilities of ‘trustless’ data (information without intermediaries), smart contracts, and IoT technologies, VechainThor has enabled solutions across a wide array of fields. Vechain now turns its attention to the greatest challenge of all — building digital ecosystems to drive sustainability and digital transformation at global scale.
Visit vechain.org to learn more — or follow @vechainofficial on X to stay updated!
