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ZETA Wallet
ZETA Wallet is a cryptocurrency management program that allows to conduct transactions on the blockchain.
❓What is ZETA Wallet?
ZETA Wallet is
- User-Friendly
- A non-custodial wallet that allows each user to independently control their assets without third-party intervention, but doesn't hand over full responsibility for management and recovery.
- Utilizes a unique security algorithm to give users control over their assets, but helps them recover their private keys without the need to memorize seed phrases or cumbersome storing methods.
- Quick and Convenient
- The complexity required for exclusive web3 experiences only available on ZEP has been eliminated.
- No longer need to install a wallet in the form of a Chrome extension, connect to the ZEP platform, and sign every time when sending a transaction.
- Multichain
- Currently supports EVM-based Ethereum, Klaytn, Polygon and Near chains by default.
- In addition to the native token used as the base currency for each network, ERC-20 tokens and ERC-721 tokens (digital assets) are all being supported.
- More Non-EVM chains are
✨Why ZETA Wallet?
The barriers to entry for Web3 are still high.
Wallets, which are essential to accessing a Web3 ecosystem's many services, offer a frustrating UX from creation to utilization to recovery, causing new users often to end up bouncing off as they don't know where to start in a sea of options with no guidelines.
ZETA Wallet solves these problems.
Enhanced Web3 UX
- Wallet accounts that can be created/managed with just a social login
- Transaction flows that easy to execute and fun to apply
- Algorithms designed to be recoverable in case users lose their private keys
Providing Web3 Guidelines
- A variety of content that can be incorporated to make Web3 fun and unobtrusive.
- Community building through access control based on specific ecosystem features or assets
Creating a ZETA Wallet
🧲Wallet Activation
Currently, ZETA Wallet is only available in spaces with wallet functionality activated.
Activating the wallet feature can only be done by the host of the space, or by a user who has been given admin permissions. Activation can be managed from the Settings tab in the sidebar on the left of the space.
Once successfully activated, a Wallet button will appear in the bottom right corner of the space.
🖱️Signing in and Creating a Wallet
It is required to sign in to ZEP in order to use ZETA Wallet. A first-time user of the wallet will need to create one in addition to logging in, and the steps are as follows.
1️⃣Signing in to ZEP
1.1 Click the profile icon in the upper-right corner of the space.
1.2 My Profile→ Click Sign in
1.3 Proceed to sign in with a preferred email account.
1.4 Once signed in, the space will be automatically refreshed.
2️⃣Agreeing to Terms and Conditions
2.1 After refreshing and reconnecting to the space, click the Wallet button in the bottom right corner again.
2.2 If a pop-up menu regarding the terms and conditions appear, check the contents and click the I Agree button. ZETA Wallet can be created and used only after agreeing to the terms.
※ The ZETA Wallet UI is available in English by default and will be updated for each language in the near future.
3️⃣Setting a PIN
3.1 Enter your exact date of birth to generate a PIN.
3.2 Set a 6-digit PIN to use for the purpose of extra security.
3.3 Re-enter the PIN that was just entered to prevent typing errors.
3.4 Once the PIN is set and confirmed, a ZETA Wallet is created!
The PIN is used when performing security-critical actions, such as sending transactions that transfer assets in the wallet or exporting one’s private key, and can be changed at any time.
Users are responsible for maintaining access to their private keys, recovery texts, and PIN numbers, and must not share them with others or allow them to be used.
Functionalities of ZETA Wallet
The main page of ZETA Wallet is composed of three main tabs:
- Token
- Digital Asset
- Transaction
On the settings page of ZETA Wallet, the following activities can be performed
- Activate Testnet
- Export Private Key
- Change PIN
🪙Token
📥Adding a Custom Token
- To see each network's custom token in the list, it is necessary to add it manually. Click
Add Tokenfrom the token tab.
- Enter the contract address of the token to add. Once the correct address is entered, the rest of the information will be automatically completed. Only after all the information is entered will the process proceed to the next step.
- Click
Confirmto check the token added to the ZETA Wallet token list.
📨Sending a Token
- If a token in the ZETA Wallet is to be sent elsewhere, click
Send Tokenin the drop-down detail window that opens when clicking on the token to be transferred.
- Enter the recipient's wallet address and the quantity to send, then click
Send.
Tokens can only be sent to valid addresses registered on the blockchain, and only within the amount held in the ZETA Wallet.
For every transfer, a certain amount of transaction fees are charged in each network's native token, which may be adjusted in real-time based on network congestion.
- If the steps up to the PIN are completed, the token will be sent. All transfers within ZETA can only take place on the network connected to ZETA Wallet.
👾Digital Asset
📨Sending a Digital Asset
- If a digital asset in the ZETA Wallet is to be sent elsewhere, click on the digital asset to be transferred. In the detail window that opens, click
Send.
- Enter the recipient's wallet address and click
Send.
Digital assets can only be sent to valid addresses registered on the blockchain. Balance confirmation is also required, as transaction fees are charged in the native token of the network where the digital asset was issued.
The fee for transfers may be adjusted in real-time based on network congestion.
- If the steps up to the PIN are completed, the digital asset will be sent. All transfers within ZETA can only take place on the network connected to ZETA Wallet.
🧾Transaction History
✅Completed Transaction
- Click on a transaction in the list of completed transactions to view its details.
Payments sent directly to the ZETA Wallet from an external source are only reflected in the balance and are not displayed separately in the transaction history.
❌Failed Transaction
- Click on any failed transaction in the list to view its details. The information provided in the details can help to identify why the transaction has failed.
〰️Pending Transaction
- Depending on the speed of the network used, it may take a while for the transaction to be updated on the transaction history. Transactions in progress will appear at the top of the transaction history until they are complete or fail.
⚙️Setting Page
Click the gear icon in the top right corner of the ZETA Wallet main page to open the setting page.
💡Testnet Activation
- Activate the Testnet by clicking
Activate Testnetat the bottom of the settings page, and ZETA Wallet will be able to connect to the Testnet on each network.
On Klaytn Testnet, Testnet KLAY is released for free, which can be utilized for various purposes in the Testnet environment. Simply click Receive Testnet Tokens on the Token tab for the network it's associated with and voila!
🔑Exporting a Private Key
- Click
Export Private Keyand proceed to authenticate with the PIN.
- Click the
copyicon next to the private key that appears to copy it to the clipboard.
A private key is the equivalent of an account password in ZETA Wallet, and it's important to be very careful about exposing it because it allows anyone to access or spend the assets held in the ZETA Wallet account.
🔒Changing PIN
- Click
Change PIN, and enter the PIN currently in use.
- Enter your exact date of birth.
- Set a new PIN, and enter it one more time to prevent typing errors.
- If all steps are completed correctly, the PIN number entry window will close and a notification will appear that the change is complete.
Utilizing ZETA Wallet
🤼♀️ ZEP x ZETA Wallet
On the ZEP platform, where anything is possible, ZETA Wallet can be used for a variety of purposes. As long as the metaverse and content are integrated, there's no end to the fun and uniqueness that ZETA Wallet can bring to the table!
🕹️Customizing Mini Games
ZETA Wallet can be integrated into a variety of game content, including mini-games built into ZEP, to create a more immersive experience. Game content that involves the exchange of tokens and digital assets can be customized, such as taking away an opponent's tokens with a single punch in a boxing game or being the last man standing in a game of rock, paper, scissors to win the tokens that other eliminated players paid to participate.
🛒Purchasing Digital Assets
The Digital Asset Launchpad, one of the Web3 features provided by ZEP, supports not only the minting of digital assets but also their issuance and sale in the metaverse space. This feature allows users who wish to purchase certain digital assets to do so with a single click, unlike users utilizing other wallets, if they own a ZETA Wallet.
FAQ
In blockchain, a wallet is a virtual asset management program that allows transactions to take place, and it is an essential service in the Web3 ecosystem where all information and data are managed in a decentralized manner without the involvement of a specific individual or organization.
A wallet has a wallet address (public key), which is a public address and account number on the blockchain, and a private key, which acts as an account password, and needs to be managed carefully because if the private key is lost, all assets in that wallet can be lost or stolen.
*ZEP never asks users for their private keys*
The simplest way to find a token contract address is to access Block Explorer, which provides an at-a-glance view of all the activity and information happening on a particular network, and search for the token of interest.
The Block Explorer to use depends on which network the token whose contract address in question was issued on.
Block Explorer for each network served by ZETA Wallet
All transactions on the Mainnet are physically stored on the blockchain and have a monetary value, while all transactions on the Testnet are virtual and have no monetary value.
If the Mainnet is the car that can actually be driven, then the Testnet can be thought of as the simulator that is used to run various simulations and tests before the car is officially released.
Native tokens are tokens issued directly by the blockchain infrastructure to maintain normal operations and are used as the network's native currency. Custom tokens are tokens that are not supported by default, but are issued directly for a separate purpose, and must be added manually to be visible in the wallet's token list.
Every blockchain transaction incurs a transaction fee, also known as a gas fee, which can only be paid with the native token of the network where the transaction is taking place. For example, sending USDT, a custom token on the Ethereum network, requires not only USDT to transfer, but also an appropriate amount of ETH to pay the fee.
Native tokens for each network offered by ZETA Wallet
Tokens issued on the Ethereum network must follow the standards set by the ERC (Ethereum Request for Comments).
The most popular of these standards, ERC-20, is a standard for fungible tokens, meaning that one unit of a token can be exchanged for another unit of that token. For example, with USDT, one of the ERC-20 tokens, the value of one USDT is always the same as the value of another USDT.
ERC-721, on the other hand, is a standard for non-fungible tokens, which means that unlike ERC-20, each token has a unique value and can't be exchanged for each other. For example, a digital work of art registered on a blockchain can be issued as a digital asset utilizing the ERC-721 standard but not ERC-20. This will allow for easier proof of authenticity and ownership of the piece, and the ownership record and identity information for that piece will be immutably stored on the blockchain.
A private key is like an account password that allows access to the wallet where the assets are stored. For example, if the private key of a ZETA Wallet is copied and registered with another wallet, such as MetaMask or Kaikas, all assets in the ZETA Wallet will be accessible and usable in the other wallet where the private key is registered. Private keys allow anyone, anytime, anywhere to utilize the assets associated with them, therefore they should never be exposed.