Windows: download the client from http://memorycoin.org and install. User files, including your wallet.dat, will be created in %appdata%\MemoryCoin on startup.
OS X: installation instructions can be found here. User files, including your wallet.dat, will be created in ~/Library/Application Support/Memorycoin on startup.
First start *
This is your new MemoryCoin wallet. The client needs to download the blockchain (register of all transactions so far), you can see the status at the bottom. Downloading the whole blockchain may take a while, depending on your internet connection.
Wallet encryption *
The first thing you will want to do is encrypt your wallet. You secure your wallet with a good passphrase (several words, nothing easy to guess, nothing from a book or a movie, but something you will never forget. Add typos, punctuation and numbers to make it even more secure.)
Go to the “Settings” menu and choose the encrypt option.
You will need to enter the passphrase twice, to make sure you didn’t mistype it and lock yourself out like that.
The client gives you another warning to not forget the passphrase. Remember it (it’s called MemoryCoin after all)!
After that, the client will close and you need to restart it.
There you go. Your wallet is encrypted, as the indicator lock on the bottom right shows. No coins can be sent out without the passphrase.
Wallet backup *
Now that the wallet is encrypted we can export and save it to a secure place. Everyone has his own definition of “secure”, but it’s probably a good idea to keep copies at several places. You never know what will happen, and if you lost everything in a fire you may be happy to have a backup of your wallet at a friend’s house
Select the backup option from the file menu and point to where the file should be saved. When you want to import it later it needs to be named wallet.dat. If you are using different cryptocurrencies based on bitcoin you might want to choose a less generic name for the backup file.
This file contains all the information needed to access your MemoryCoins. To import a wallet.dat just save it to the folder specified in the installation instructions and start the client.
Try out importing the wallet (rename the original wallet.dat in that folder) before you proceed - you want to know that your backup works!
MemoryCoin makes it easy for everyone to take part in the mining process.
Solo mining is a lottery. Probably, you won’t get anything, but if you’re lucky and find a block you’ll get the whole block reward.
If you want to have a small and steady stream of MMC flowing in, choose the pool miner.
It is configured to use MMCPool, you can check what you mined using the Pool Balance (MMCPool) option.
A new window containing the miner will pop up
It mines for the developer of the mining software for a while, after that your shares will get submitted to the pool and you start building up a balance.
Receive MMC *
So of course you want some coins now!
While you are waiting for your first mining income to arrive, there are several other options to get hold of some. Try the faucet, keep your eyes open for a giveaway, find a way to contribute and get a bounty or a tip, or just buy them on bter.com
In all cases, everything you need is your wallet address.
You could create more addresses, but this is not recommended. Because of MemoryCoin’s feature to vote for an executive board, weigthed by the balance of your main address, you should stick to one address to receive all your coins. You can’t really decide which address you vote from, so if you use several addresses you can not be sure whether your votes are counted with most possible impact. For further details read the advanced voting how-to.
Right-click the address to copy it to your clipboard and give it to the one who will send you coins. After a short while, you will notice a change on your wallet overview
Here’s an overview of all transactions to or from your wallet. The questionmark means that no block was found since your transaction. After some minutes this changes to a clock, which indicates how many blocks have been found since the transaction.
You can be pretty sure that the transaction is valid after the first confirmation (and it’s shown as balance from then on), the clock changes to a check after 6 confirmations (~30 minutes), indicating that the transaction is definitely fine.
Send MMC *
Now that you got some MemoryCoins you can of course send them to others.
You need to enter a recipient, which is the address where you want to send the coins. In the next field, you can give that address a name to store it to your address book. And of course you need to enter the amount you want to send.
I chose to use my candidate’s address for the example. Sending 0.00000001 MMC to an address starting with MVTE is a vote for an officer position. This is explained in detail later on.
You can combine multiple sends by adding more recipients with the button on the bottom left. After making sure you typed in the correct data, hit send. A security message makes you confirm again.
Now you will need the passphrase for authorization
Sending MMC requires a transaction fee which is determined by the size of your transaction. Expect something around 0.01$ in MMC.
And that’s it, you sent some coins on their way.
You can watch your transaction getting confirmations in the transactions tab if you like
As mentioned before, by sending Satoshis to a candidate you can vote for him or her to get a position in the MMC executive board.
The new client has an own tab for voting, you just need to select the preference and enter the candidate’s address.
This will send 1 Satoshi for your first preference, 2 for the second, 3 for the third… When your first preference is eliminated while counting votes your whole vote is transferred to the second preference, and so on.
Voting requires a transaction fee like described in the “Send MMC” section.
Additionally there are some options to check your voting status:
- Current Voting Preferences: shows the candidates your votes are counted for
- Current Candidates: leads to the list of candidates for the different positions
- How To Vote: leads to the advanced how-to vote on this site
- Latest election results: shows an overview of the last election counts