The Stellar network relies on public key cryptography.
Every Stellar wallet has a public key and a secret key also known as a private key.
Public keys are used to identify an account and can be safely shared with others.
Secret keys, on the other hand, represent private information and are used to encrypt data and sign transactions on the Stellar network.
The secret key proves that you own your account and gives full access to your funds.
Any person or application knowing your secret key can control your account and may move your funds without your authorization.
Do not share your secret key with anyone and keep it secure!
Reveal my Secret key
All LOBSTR users can view and backup the Secret key of their Stellar wallet in the Settings of the LOBSTR web and mobile apps.
LOBSTR website
Under the Wallet tab in the Settings click the 'Reveal secret key' button and follow the instructions on the screen. A few extra steps will be required for additional security.
LOBSTR mobile apps
In the latest update, we've added a possibility that allows you to operate with multiple Stellar wallets (multi-wallet feature), at the moment you can create and use several Stellar wallets linked to a single recovery phrase. You can view the Secret Key of each wallet separately.
On the Home screen of the LOBSTR app, tap the Header with your wallet on top of the screen, then tap on Manage Wallets. You will be prompted to choose between multiple wallets if you have more than one. Tap the '...' button next to the wallet and tap 'Reveal secret key' button.
*If your account was created before LOBSTR switched to local key storage (before September 1, 2020) and you haven’t migrated your account to on-device key storage, you can view and backup the secret key of your Stellar wallet only in the Settings of the LOBSTR website.
ATTENTION!
Make sure you are the only person who can view the key and you are not sharing the screen with others - the security of your funds is at stake.
Use caution and only share your keys with trusted services.
If your funds were stolen due to your actions outside the LOBSTR platform and trusted services, we will not be able to help.
LOBSTR can not access the funds of our users or make unauthorized transactions on behalf of our users:
* We (the LOBSTR team) do not have access to users' Recovery phrases, Secret keys, Recovery codes, or Account passwords.
* Anyone knowing your Recovery phrase is able to get full access to your Stellar wallet and all Secret Keys associated with it.
* User passwords take part in the process of encryption/decryption of secret keys.
When you want to send funds, trade, or make any other transaction in LOBSTR, our system helps to sign a transaction for you.
Learn more:
What is a Recovery Phrase on LOBSTR?
Security of your wallet on LOBSTR
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