I had a friend tell me about Decred several months ago. I clicked the link briefly but figure I’ll circle back, just takes time to research this stuff when there are 250 new things per day in the cryptoeconomy. 2 days ago, I noticed Decred had shot up 56% at Bittrex and I asked if there was cause and was told it was because Decred was added to an exchange. Now is the time for me to get a wallet.

I already missed out on the airdrop that Decred had, missing out on that HUGE giveaway. I don’t want to miss out on the rise of this one. I pick and choose the battles wisely, this is one of them. The reason why for me is I have mined but not very effectively. I have transitioned computers and do not have the mining equipment to be very effective, but Decred changes that as I can stake mine with the wallet and can do so with my PC. No other cryptos have allowed that, well they have, but it’s been a waste of time and energy. So let’s give this a shot, shall we?

The purpose of this instructional is to provide the tools necessary to get set up with a Decred Wallet in a Linux system with the capability of stake mining. This means if you own coins, and your wallet is open, you can stake mine and earn some Decred. The intention is to help myself in guiding myself through this but to help the next person. I have tried 2 times to get set up with this wallet and the instructions aren’t sinking in for me and I blame my own ignorance for the lack of knowledge of the commands. I must commend Audiocoin at this moment, in fact I may reach out to Stoner19 who wrote the instructions for that coin for stake mining and wallet setup in Linux.

These were the best instructions in the history of cryptocurrency! I hope to be able to provide such clear instructions. Helpful links: Know where to go for your information! As you can see at the bottom of the page there are downloads for wallets, Mac, Windows, Linux, etc. This tutorial is focusing on Linux only. Find the forums!

This is where they wanted me to go! Getting Started: As of 5-17-16.according to the Decred Forum “Overview The first thing you will need to do to get started with Decred is create your wallet. BridgeCoin BCO Miner. Your wallet is like a bank account. It can contain many address and like your bank account you don’t want to give anyone else access to it. An address is like a sub account. If you want to receive DCR from someone else, you give them an address that is linked to your wallet.

You can create a new address for each transaction or reuse the same address multiple times but it is strongly recommended that you do not reuse addresses. Your wallet can generate as many address as you want. There are three parts to getting started with Decred: Connecting to the Decred network by starting a node. Creating your wallet and attaching it to the node.

Controlling your wallet and performing transactions. Once you’re setup and online there are four ways you can add DCR to your wallet. Purchase from an exchange Proof-of-Work mining Proof-of-Stake mining (assuming you already have some DCR) Have someone send you some DCR 1. User Guides 1.1 Windows While this guide assumes you have no knowledge of Decred, cryptocurrency in general, or the Windows command line, it does assume you have some basic Windows knowledge including how to use Windows Explorer to unzip files.

1.2 Linux/UNIX This guide will take you through the setup of the Decred daemon and wallet on Linux. Some familiarity with navigating the Linux shell and extracting tar balls is assumed. 1.3 OS X This guide will take you through the setup of the Decred daemon and wallet on OS X. Some familiarity with navigating the UNIX shell and extracting tar balls is assumed. Web This section describtes the web wallet.

I'm merge mining both, but getting a lot of rejected shares for both ETH and DCR. Any thoughts on how to minimize those?

The web wallet is a basic online wallet that allows you to send and receive DCR. It is still under development and so lacks a number of features that are in the command line wallet (for example, stake mining is not currently supported). Obtaining DCR This section describes some of the ways to aquire DCR. Using the Block Explorer This section describes the block explorer for Decred.

Dcrdocs v0.0.1. Decred Project 2016. Documentation built with MkDocs.” Linux/Unix User Guide: Connect to the Decred network Step One Download the latest Decred software from the Decred releases page.

Extract it to a directory (e.g., ~/Decred). Open three command terminals. If you are running in headless mode via SSH, you will need to use a terminal multiplexer such as screen (How do I use screen?) or tmux. Where you see the instruction to move to another terminal, you’ll need to start a new window in screen or tmux. Step Two Go to one of your terminals and change to the Decred directory that you extracted the files to. They will likely be under a subdirectory such as ~/Decred/decred-linux-amd64.

Type the following (replacing the text in square brackets with your own values): ~/Decred/$./dcrd –rpcuser [daemon username] –rpcpass [daemon password] Choose any username and password. You do not need to register these anywhere and they will only be used to allow your wallet and control tool to communicate with the daemon you are running. Save these, you will need them later.

You can also put them in a file so you do not need to specify them on the command line or in scripts (See: Storing Login Details). This program is what is known as the daemon. It works in the background and you will not interface with it directly. It exists solely to connect you to the network. Step Three You should now get a whole lot of text as the daemon connects to the network and starts processing blocks. Wait until it is completed. You will see a line at the start like: 22:-02-09 [INF] BMGR: Syncing to block height 617 from peer 104.236.167.133:9108 Then, as it downloads the blocks, you will see lines like: 22:-02-09 [INF] BMGR: Processed 321 blocks in the last 10.03s (544 transactions, height 322, 2016-02-09 09:50:34 +1000 EST) Once the most recent block your daemon has processed is the current block height (you can either tell by the date and time in the log message or by comparing the height against the online block explorer.

This may take quite some time as the block height grows larger (there is no limit). Note that you are not mining at this point, you are just connected to the network. This connection will be used in the future.

You must leave this cmd window open to use the wallet. Create your wallet Step One Now that you are connected to the network, the next thing you need to do is create a wallet that will hold your account addresses and DCR balance. If you participate in mining or stake mining, this is where your payments will go. IMPORTANT During the creation process you will be provided with a list of 33 words that form the private key for your wallet. Treat this list in the same way you would a physical key to a safe.

If you lose your key you lose access to your wallet and all funds within it permanently. Asch XAS Mining With Pc. It cannot be recovered, not even by Decred developers. It is up to you to keep a backup. It is recommended you write it down on paper then store that somewhere secure. If you decide to keep it on your computer, it would be best to keep it in an encrypted document (just do not forget the password) in case the file or your computer is stolen which brings us to the next point: VERY IMPORTANT DO NOT, UNDER ANY CIRCUMSTANCES, GIVE YOUR KEY WORDS OR THE ASSOCIATED HEX KEY TO ANYONE! NOT EVEN THE DEVELOPERS!

We will go through the hex key soon. If you give someone either key, they can use that to copy your wallet which gives them full access to your funds. It’s like cutting a copy of a key, giving it to some random person on the train and telling him where the safe it opens is. And that you will be out of town for a few days. So to reiterate, keep your key words safe and do not give them to anyone else. With that in mind follow these steps to create a wallet: Step Two Make sure you have the dcrd daemon running (See: Connecting to the Decred network).

Open a new terminal or screen. Navigate to the Decred folder and type:./dcrwallet –create and press Enter. ~/Decred/$./dcrwallet –create Enter the private passphrase for your new wallet: Enter a password that you will use for this wallet. It should be different to the one you used for the daemon. Enter again to confirm. Make sure you save this somewhere.

Do you want to add an additional layer of encryption for public data? (n/no/y/yes) [no]: Step Three As you can see above you will now be asked if you want extra encryption for your public wallet.

If you say ‘yes’ then you should use a password that is different from any of the other passwords you used in this guide. We will have a look at putting all these passwords in a configuration file so you do not need to remember them in a seperate tutorial. Do you have an existing wallet seed you want to use? (n/no/y/yes) [no]: You are now asked if you have an existing seed.

This is the list of words that make up your private key as explained above. Since this is a new wallet, say no. If you ever need to recreate your wallet from the seed, this is where you would enter it. Your key words will now be displayed. If you have a seed, say yes and enter that instead. ALSO VERY IMPORTANT STOP HERE!

TOUCH NOTHING! Read this entire step before you do anything.

There are two very important pieces of information displayed on the screen. The first, and most important part is your key words. These words form the private key that is used to generate your wallet.

If you lose this list (and the order they appear in) your wallet will be lost forever and any funds it contains will be lost permanently. As was mentioned above, no one, not even the developers can retrieve them.

The second part is your hex key. This is generated from your key words. Write this down as well, as you will use it to confirm you entered your seed words correctly if you need to restore your wallet.

The two forms of the key are completely equivalent although most people find the key words easier to deal with. Step Four Write down the key words and hex and store them somewhere safe. This is the most important step. Also remember these words (and the hex string) are the keys to your wallet. Do not give them to anyone else. If you do, they can restore your wallet on their computer and steal your DCR. Your wallet generation seed is: [list of 33 words] Hex: [long string of letters and numbers] IMPORTANT: Keep the seed in a safe place as you will NOT be able to restore your wallet without it.

Please keep in mind that anyone who has access to the seed can also restore your wallet thereby giving them access to all your funds, so it is imperative that you keep it in a secure location. Once you have stored the seed in a safe and secure location, enter “OK” to continue: Once you have written the key words and hex down type OK and press Enter. It should be noted that if you did not write the words down before continuing or somehow otherwise lost them, start this process again (See: How Do I Remove My Wallet?).

Creating the wallet The wallet has been created successfully. The wallet will then be created. This might take a few minutes if you have a slow computer. Connect your wallet to the Decred network Now that you have created your wallet and connected to the Decred network, you need to link your wallet to the network so it can send and receive coins and participate in mining. Step One Open another terminal in your Decred directory (or use the last one if you have just created your wallet).

Type the following (filling in your own info instead of the square brackets): ~/Decred/$./dcrwallet -u [wallet username] -P [wallet password] –dcrdusername=[daemon username] –dcrdpassword=[daemon password] First, the wallet username. You have not used this before, so just make one up. It is only used to allow the control program to connect to the wallet. Second is the wallet password. You have not used this before, so just make one up.

It is only used to allow the control program to connect to the wallet. Note the capital P, Decred is case sensitive. Third and fourth are the username and password you used when staring the daemon (Step Two in the Connecting to the Decred network guide). Alternatively, if you use the same username/password combination for both dcrd and dcrwallet you can skip –dcrdusername and –dcrdpassword and just use -u and -P. The wallet will now connect to the network via the daemon. It will begin scans of the network and active addresses which can take a few minutes on slow computers.

Eventually it will start showing lines like: [INF] WLLT: Connecting block 002004ea8fa74af334cb22b5be34bbb97b, height 9990 This means your wallet is successfully connected to the network through your daemon. Step Two Finally, you will need to unlock your wallet to allow it to send and receive funds. To do so we’ll introduce the third program in the Decred suite; dcrctl. This is the program you will use to control Decred. Open a third terminal and go to your Decred directory. Type in (once again using your values for the square brackets): ~/Decred/$./dcrctl -u [daemon username] -P [daemon password] –wallet walletpassphrase [wallet password] 0 What we are doing here is authenticating with the daemon and using the –wallet command to send the wallet password to unlock the wallet. The 0 means unlock without a time limit.

Do note, however, that this only unlocks the wallet for the current session. If you close the window the wallet is running in, you will need to unlock it again the next time you start it.

You will not get a confirmation from dcrctl, but if you look at your wallet terminal/screen session, it will say: [INF] RPCS: The wallet has been unlocked without a time limit. Step Three That is it! You are now up and running. Some things you might want to try: Purchase Decred from an exchange Put your credentials in a file Proof-of-Work mining Proof-of-Stake mining Advanced dcrctl usage —————————————————- OK this is the point where I try those instructions above on Linux again.

I am already started, just need to finish this. I’ll compare the instructions today versus where I left off and will report back. ~/Decred/$./dcrd –rpcuser [daemon username] –rpcpass [daemon password] The above was the first command I needed to start with and I got the following error: bash: /home/brent/Decred/$: No such file or directory *Let’s try without the bracket this time (as I look back at the instructions and see if they make a mention of that).

It doesn’t mention dropping the [] brackets for the name and password. Nope: bash: /home/brent/Decred/$: No such file or directory **I tried with brackets, without brackets, and I tried a couple of names. I am sure it is laughable to some people, but I clearly believe this is where others may need help. Would you not agree?

This tutorial will demonstrate how to create an account at suprnova and how to mine decred using the command-line software MINERD and the CPU of a computer running Windows. YOUTUBE In our channel you can view the video of this tutorial.

EQUIPMENT LIST The link below shows the list of equipment that I used to create this tutorial and my mining Rig. • PLAYLIST The link below shows a playlist containing step by step procedures. • RELATED TUTORIALS Here is a list of Decred mining related tutorials offered by our website. SUPRNOVA ACCOUNT First, you need to access the and create an account. Now, create a worker account, as shown in the video above. CPUMINER - MINERD Next, you need to download the last version of the CPUMINER on Create a folder named MINERon the root of the C drive of your computer and extract all the files from the CPUMINER package inside the C: MINER folder.

Select the correct cpuminer file for your computer and rename it to MINERD.EXE. Create a copy of the Run-TimeTravel.bat file named START.BAT and edit this START.BAT file using the notepad. Here is the content of the START.BAT file: C: cd C: miner C: miner minerd.exe -a decred -o stratum+tcp://dcr.suprnova.cc:3252 -u virtualcoin.dcr -p 123 Here is an example: Important: You need to change the username and the password from the command above to reflect the worker account that you created on the suprnova website. To start mining DECRED, double-click on the START.BAT file If you liked this tutorial, subscribe to my youtube channel CONCLUSION This tutorial presented a step by step procedure teaching you how to start mining DECRED on a computer running Windows using the CPU of a computer.