Wallets
Cryptocurrency wallets are fundamental to the Web3 ecosystem, empowering users with full control over their assets. Phron provides its own native web wallet.
Last updated
Cryptocurrency wallets are fundamental to the Web3 ecosystem, empowering users with full control over their assets. Phron provides its own native web wallet.
Last updated
To set up a new PHRON account on the testnet, follow these steps:
Visit the Testnet: Go to dev.phron.ai.
Select "Phron" Network: In the top left corner of the page, ensure that "Phron" is selected as the active network.
At this point, you should see the interface where you can proceed with account creation and manage your testnet activities.
That's the default view of the Phron web wallet—a block explorer displaying the most recent blocks and events. To access all account-related actions, simply navigate to the Accounts tab, where you can manage your wallet, stake funds, and interact with other features of the Phron network.
Please note that many functionalities of the Phron web wallet require at least one account with funds present in the Accounts tab. Without a funded account, some tabs and menus may be inaccessible or hidden, limiting your ability to utilize certain features of the wallet effectively.
Please note that an account on the blockchain is distinct from the wallet used to create it. An account serves as an entry in the public blockchain database, storing information about funds, transactions, staking, and more. In contrast, a wallet is a tool that holds a private key (or mnemonic seed phrase) associated with an account, enabling interaction with it.
Importantly, the same account can be accessed through multiple wallets as long as the same mnemonic seed is used. Therefore, if you already have an account created with another wallet and wish to start using the web wallet, there’s no need to create a new account and transfer all your coins. Instead, simply import your existing account into dev.phron.ai using the steps outlined below.
To create a new account, please:
Proceed to the Accounts tab.
Click on Add Account.
You'll see your mnemonic seed. Save it in multiple secure locations to ensure you have access to your wallet.
Follow the on-screen instructions:
Set a local name for your account.
Choose a local password (it's only relevant for using this account via the dev.phron.ai web wallet).
At the final step, ensure you select the appropriate location to save your backup .JSON files. These files provide an additional method for wallet recovery in case you lose your mnemonic seed phrase. To recover your account using the .JSON file, you will need to enter the password you selected in the previous step. This added layer of security ensures that your funds remain protected while still being accessible in case of emergencies.
To import an existing account using seed phrase, please:
Proceed to the Accounts tab.
Click on Add Account.
You'll see a random mnemonic seed. Replace it with the mnemonic seed of the account you wish to import
Follow the on-screen instructions (same as above)
To import an existing account using .JSON backup, please:
Proceed to the Accounts tab.
Click on Restore JSON.
Upload your backup .JSON file and enter the associated password.
To remove your account from the web wallet, please:
Proceed to the Accounts tab.
Next to the account you would like to remove, click 3 dots and select Forget this account.
Please note that this action happens purely on the client side and does not interact with the blockchain. Your account (together with all funds, staked coins, etc.) will stay on the chain unchanged. It will be only removed from the local list on the Accounts tab. You can reimport it at any time using the procedures described above.
An alternative way to manage your accounts accessible via the phron.ai web wallet is by using the Phron Signer extension, developed and maintained by the core team. This web browser extension securely stores your Phron blockchain accounts and allows you to use them seamlessly across the phron.ai wallet and other compatible websites, such as the Staking Dashboard and Contracts UI.
The process of creating, importing, or removing an account in the Phron Signer extension closely mirrors the steps described for the web wallet. The most important aspect to focus on is the mnemonic seed phrase linked to your account, as it ensures access and recovery across different platforms. Furthermore, the backup .JSON files generated by the web wallet are fully compatible with the browser extension, allowing for seamless account management between both tools.
Alternatively, Polkadot{.js} extension works in a similar way.
Phron AI DeWallet is a decentralized wallet designed to provide users with seamless control over their assets on Web3. The wallet offers a simple, user-friendly interface for managing cryptocurrencies, tokens, NFTs, and engaging in various blockchain transactions. Available for use in browsers like Brave and Chrome, Phron AI DeWallet supports transactions, token management, and staking directly from the browser.
Key Features
Decentralized Control: Users maintain full ownership of their assets without relying on centralized intermediaries.
Multi-Asset Support: Manage cryptocurrencies, tokens, and NFTs all in one place.
Ease of Use: Intuitive design for both beginners and experienced blockchain users.
Cross-Platform: Available on both Brave and Chrome browsers for smooth accessibility.
Main Screens
The wallet provides a streamlined interface divided into the following key screens:
Login/Unlock Screen
Welcome Back: Upon opening the wallet, users are greeted with the login interface. You can unlock the wallet using a Google account or another supported method.
Security Options: There are options for unlocking the wallet securely via biometric or password authentication.
Transaction Screen
Sending: The transaction screen allows users to easily send cryptocurrencies or tokens.
Inputs: Users can enter the recipient's address, the amount to be sent, and select the asset type (e.g., PHRN tokens).
Gas Fees: The screen shows a breakdown of gas fees to be paid for the transaction, giving users full control over how much they wish to spend.
Confirmation: Before sending, users can review the transaction details and confirm or reject.
Accounts Screen
Balance Overview: This screen displays the user’s accounts and their balances in PHRN or other supported assets.
Asset Management: The account screen allows users to easily access token balances, view recent transactions, and interact with their stored assets.
Phron AI DeWallet is compatible with:
Brave Browser
Chrome Browser
User Guide
1. Installing the Wallet
Visit the Phron AI DeWallet page and select the appropriate option for your browser (Brave or Chrome).
Follow the installation instructions for your selected browser to add the extension.
2. Creating/Importing an Account
After installation, launch the wallet and create a new account by generating a mnemonic seed phrase.
Alternatively, import an existing account using your mnemonic seed or backup .JSON file.
3. Sending Tokens
Go to the "Send" section in the wallet.
Enter the recipient's wallet address, select the amount and asset type (e.g., PHRN).
Confirm the transaction details, review the gas fees, and click Send.
4. Viewing Assets
Navigate to the Accounts section to see a breakdown of all your assets.
From here, you can manage your tokens, stake assets, or transfer funds.
Security
Private Key Storage: Your private keys are stored securely within the wallet and never shared with any third-party service.
Backup: Ensure you back up your mnemonic seed phrase and/or .JSON file for wallet recovery.
Conclusion
Phron AI DeWallet is designed to simplify the management of Web3 assets, providing a secure and intuitive interface for users to engage with the blockchain. With compatibility across multiple browsers and support for various assets, it offers an ideal solution for managing cryptocurrency in a decentralized manner.
There are also a number of third-party wallets available in the Phron ecosystem:
Please note that the core team is not responsible for the development or maintenance of third-party wallets and, therefore, cannot guarantee their security measures. It is important to use third-party wallets with caution and ensure they follow proper security practices.
