I am a newbie; just joined the forum.
I am planning to do cold staking using Daedalus and Yoroi wallets; 50 % each on these wallets. I heard that a new test Daedalus wallet will be released once the snapshot is taken for us to connect and start staking. If this is true, in order to connect to test Daedalus wallet, we may have to enter the private key (12 key words).
Below are the questions. Appreciate if someone could help to get answers please.
- How safe my private key entered on testnet will be?
- What will happen to testnet snapshot taken once the testing phase is done?
- How can we ensure that my private key will not be stolen from testnet snapshot in future?
- Yoroi has only one wallet as chrome extension. Will there be another chrome extension released?
I hope I am making sense here. Apologies if the question is not valid.