5.1 What is the difference between IM2.0 private key and public key?
IM2.0 private key is used for encryption and decryption of user messages, while the public key is used for message verification and encryption by others. They are mathematically related but serve different purposes.
5.2 Are IM2.0 private keys and mnemonic phrases interchangeable?
No, IM2.0 private keys and mnemonic phrases are not interchangeable. Mnemonic phrases are used to generate and backup private keys, but the private key itself is required for message decryption and communication on the IM2.0 platform.
5.3 How secure is IM2.0 private key and mnemonic phrase?
IM2.0 private keys and mnemonic phrases are secure if properly stored and protected. Users should follow security best practices, such as storing them in encrypted devices and keeping backups in secure locations.
5.4 Can I recover my IM2.0 private key if I forget my mnemonic phrase?
No, if you forget your mnemonic phrase and do not have a backup of your private key, it is not possible to recover the private key. It is important to securely store and backup the mnemonic phrase to avoid such situations.
5.5 How should I handle my IM2.0 private key and mnemonic phrase?
IM2.0 private keys and mnemonic phrases should be treated with extreme care. It is recommended to store them offline in secure locations, use strong passwords, and avoid sharing them with anyone.