1. This password is a way too long! In order to make block-chain network the safe place to be it requires that long password. Think about your money on your account, it must be safe for you. You can also use this password to recover your wallet on occasion.
2. Entering 12 words takes too much time. That's true, you may shorten up log in by downloading and providing this wallet file on log in. During the wallet file download you'll be asked to define the password, which you'll be using on log in.
If the file log in doesn't work for you, we may suggest to print this QR code which stores the 12 words password. This option however will only work on phones or special device for desktops and laptops.
3. Why not use the standard email/password? laborX is a project based on block-chain technology. The technology is removing the need of such information and suggests more safer and anonymous way of work using internet. However, you will have a right to provide the data, e.g. Name, email, date of birth, etc. later on to other people if you decide so.
4. What is the block-chain network again? Block-chain network is a place where database is stored de-centralazied, on every participant computer, special architecture makes block-chain technology the most secure up to date and removing intermediates, who can use your data not in good way.
5. And crypto-currencies? Crypto-currencies are problem-solvers, e.g. Bitcoin has removed need of intermediate, for example banks, which made transaction cheaper, faster and in the most secure way. Another crypto-currency Etherium made possible to make electronic contracts automated and safe for all sides.
7. I have more questions. For more information please visit our Q&A
1. Copy you Account Password (Mnemonic key) on Paper. Don't save your password on a computer, copy it on a paper and store in a safe place.
2. Don't share your wallet file with anyone you don't trust. Even the wallet file is protected by password, the file still can be used against you and you may lose your funds. To avoid the situation do not share your file with anyone.
3. What if I've lost my Account Password (Mnemonic Key)? You may use you wallet file instead.
4. What if I don't have neither Wallet file nor Account Password (Mnemonic Key)? We do not store this information and Your account will be lost together with all your funds and history.
5. Following the simple rules will make your account secure.
Copy Your Account Password
Your Account Password has been created. You can use it to login in into laborX.
Account Password (Mnemonic Key)