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Author Topic: Courses [Video Tutorial 1.1.2 - Getting Started with Bitcoin Wallet]  (Read 275 times)
inPRIVACYweBELIEVE
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July 22, 2018, 06:18:29 AM
Merited by mprep (3), Welsh (2), LoyceV (1), LTU_btc (1), Piggy (1), Crypto_Sassy (1), nkampala (1)
 #1

Note: This is an ongoing project and an approach to experiment the admin's (theymos) proposal of Idea: Courses. I can make mistakes, please feel free to review the tutorial clips and help me to improve the experience for the members in need.
Also, voluntary proofreading for the contents will be highly appreciated.



Version updates...
1.1.2: Images are visible now.
1.1.1: archive - code
1.1.0: archive - code


There are actually a lot of good tutorials already exist on the forum however all of them are basically text versions. Visual learning is the best and quickest learning method, besides having the green signal from the admin in mind, this is my approach to be a supportive forum member.

This project is for Bitcoin wallet "HOW TOs". Depending on the responses of this project, the next projects I have in mind are...
- Pretty Good Privacy "HOW TOs"
- Some of the forum features "HOW TOs" and possible others.


Table of contents (Clickable links to visit the part of the post):

Getting started with first Bitcoin wallet
---- How to create a free and secure Bitcoin wallet
---- How to reopen a wallet
---- How to restore a wallet
Start sending and receiving Bitcoin
---- ---- Find a receiving address
---- How to send standard payment
---- ---- Change address phenomenon
---- ---- Checking on Blockchain explorer
---- ---- Balance checking on the Wallet
---- How to send mass/multiple payment
How to sign and verify a message with a Bitcoin address
Frequently asked questions (FAQ)
Sources
Credits


Getting started with your first Bitcoin wallet (Desktop wallet):
We will use Electrum wallet for these video clips. We have everything we need in an Electrum wallet. Please download it from here. Since I use Windows, my tutorials will be Windows version. If you are using a different OS then I hope you will figure out a way to work with your OS by using the idea of these video clips. Thanks for understanding.


How to Create Your First Desktop Wallet (Standard/Legacy Wallet)


Click on the links to jump on the exact scenes
00' 02": Install Electrum Wallet
00' 29": Open Electrum Wallet
00' 38": Name the wallet (Any name that you can recognize, it really does not matter)
01' 19": Chose wallet kind
01' 30": Seed type (Standard/Legacy or SegWit)
01' 36": Copy and keep the seed safe. This is very important for your wallet. If you do not keep the seed safe then your wallet can be compromised and you will lose your BTC.
02' 20": Confirm seed
02' 35": An optional but important choice for security. Sorry about the "g", figure it out  Grin
03' 31": Successfully created our first wallet. YAY!
03' 36": Change displaying for balance type
04' 14": View some Bitcoin addresses of your wallet.



How to Reopen a Wallet


Click on the links to jump on the exact scenes
00' 07": Open Electrum Wallet
00' 27": Find the saved wallet file from your hard-drive
00' 38": Chose the wallet
00' 55": Password if you had one
01' 27": Ta-da! your wallet  Smiley



How to Restore a Bitcoin Wallet


Click on the links to jump on the exact scenes
00' 32": Open Electrum Wallet
00' 43": Give any name. It does not matter.
01' 11": Chose wallet kind
01' 25": You need your seed. If you do not have seed then you are lost. Forget about any BTC in the wallet unless you had the private key of the address.
01' 24": Enter seed
01' 43": Enter any password of your choice. It's an optional choice.
02' 34": Boom! You have just restored/recovered your (lost) Bitcoin wallet.
02' 36": Check your Bitcoin addresses. They will be there.


Start sending and receiving Bitcoin:
We are not going to use the wallet we have created earlier. For this section, we have created two new wallets. One is the receiver wallet and the other one is the sender wallet. We will send Bitcoin to the receiver wallet. In this process, we will learn the steps to follow for both sending and receiving Bitcoin.

How to Send and Receive Bitcoin from/in a Wallet/Address.


Click on the links to jump on the exact scenes
00' 22": Open receiver wallet to get the Bitcoin address to send.
01' 26": Our selected address. 12xxxxxxxxxxxxxxxxxxxxxxxxCai
01' 59": Exit from the receiver wallet.

02' 11": Open sender wallet.
03' 00": Check use change addresses marked or not. Marked ON will swipe rest of the BTC from one address to another in the same wallet.
03' 14": Click the Send tab
03' 19": Pay to 12xxxxxxxxxxxxxxxxxxxxxxxxCai
03' 20": Description is optional
03' 29": Enter amount in BTC
03' 30": Check or play with fee option. Higher TX fee means faster confirmation.
03' 41": Preview if you want. It gives you a good idea of the fee and other stuffs before making the final transaction.
03' 52": Notice the yellow colored and green colored addresses. The yellow colored address is a change address and only be used if the use change address (03' 00") is marked on.
04' 07": We will mark off the use change address feature.
04' 34": Click the send button.
04' 36": Enter the wallet password if you have one.
04' 58": Press OK button, transaction will start broadcasting...
05' 01": You will be notified with the tx number
05' 06": Press OK
05' 18": TX number 911xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx0384
05' 27": Let's check it on www.blockchain.com (previously www.blockchain.info)
05' 43": Boom! the money is in our receiver wallet. 12xxxxxxxxxxxxxxxxxxxxxxxxCai
06' 38": Close sender wallet.

06' 49": Open receiver wallet.
07' 13": Little notification that money is in the wallet
07' 21": And... yes, IT IS on the address (12xxxxxxxxxxxxxxxxxxxxxxxxCai). We have successfully received the amount we sent from the sender wallet.
07' 36": Close receiver wallet. Mission accomplished!


How to Send Mass/Multiple Payment



We will try with two addresses. Normally these two addresses will be from different wallets however on this demonstration we are going to use the same wallet. For an output of the Bitcoin network it's basically the same phenomenon.
Our receiver addresses are:
1PDxxxxxxxxxxxxxxxxxxxxxxxxA9L
1M5xxxxxxxxxxxxxxxxxxxxxxxxsmA

Click on the links to jump on the exact scenes
00' 14": Open sender wallet.
01' 13": Click Tools > Pay to many.
01' 40": Understand the correct format.
02' 30": Paste correct data on the Pay to field.
02' 35": Check fees. If needed then readjust the payment amounts and fees.
04' 04": Use calculator if needed.
05' 55": Once satisfy with the data then press Send.
05' 56": Enter password if needed.
06' 10": Press OK.
06' 12": Transaction will broadcast and you will get the TX number.
06' 20": Click History tab.
06' 28": Click on the transaction date.
06' 32": Get TX number.
06' 39": Locate it on Blockchain explorer to see status.
07' 21": Check the amount for both address.
07' 43": Close sender wallet.

07' 49": Open receiver wallet.
08' 12": Bitcoin Just arrived!
08' 24": Check the corresponding addresses to double confirm the Bitcoin amount.
09' 27": Close receiver wallet.

It's not rocket science.
Welcome to the pear to pear payment system and say good bye to the centralised manipulated government printed fiat currency.

Frequently asked questions (FAQ):
Coming soon... please ask.

Sources:
Coming soon...

Credits:
mprep: Layout idea
LoyceV: Suggestion to add links for the scenes.
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July 22, 2018, 06:28:04 AM
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Hey, great idea and good job! I hope some people will merit you because I’m out of merits.  Go on with your plan and your efforts will be rewarded one way or another.
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July 22, 2018, 05:04:07 PM
 #3

Thank you mate. I really don't get much time however I will be working on few more videos tomorrow. Hopefully I will add them once I finish. At this moment I am struggling with image placing. Hopefully I will be able to post image soon. Good to have your feedback by the way.
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July 23, 2018, 12:53:14 AM
 #4

Thank you mate. I really don't get much time however I will be working on few more videos tomorrow. Hopefully I will add them once I finish. At this moment I am struggling with image placing. Hopefully I will be able to post image soon. Good to have your feedback by the way.

Hey ipwb, you could buy copper membership to post images by visiting this page don't be cheap, pay a few bucks and be able to post images. if any merits are left on me by the time you are above member rank I will also give you merits. for now I don't trust you enough to give you any merits.

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July 23, 2018, 03:14:43 AM
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I think this post must belong to Bitcoin section. Exactly in Electrum board: https://bitcointalk.org/index.php?board=98.0

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July 23, 2018, 06:09:50 AM
Merited by nkampala (1)
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if any merits are left on me by the time you are above member rank I will also give you merits. for now I don't trust you enough to give you any merits.

If everybody think in the same way then newbie will remain newbie(or Jr. Member) always.
I do not know why should anybody trust you when half of your post are just troll , or for some unethical financial gain for you.

@iPwB , Keep reading and keep up your good work and you can use "Ignore"  button for trolls.

inPRIVACYweBELIEVE
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July 31, 2018, 04:35:52 PM
 #7

don't be cheap, pay a few bucks and be able to post images. if any merits are left on me by the time you are above member rank I will also give you merits. for now I don't trust you enough to give you any merits.

"don't be cheap, pay a few bucks and be able to post images."  - Are you saying that I have to buy one? Can't I wait until I achieve the next rank? How does this make me cheap?

"for now I don't trust you enough to give you any merits." what trust you are talking about? Did I ask for anything to trade to you?

Seems like you are lacking respects for others. I hope not everyone is like you here.

------------------------

SuiMikira, I have no idea what are you talking about?

---------------------------

Thank you Crypto_Sassy, I am getting there.

---------------------------

I have updated the main topic and with more contents. Please review and let me know your feedback.

Regards,

iPwB



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August 02, 2018, 08:16:44 PM
Merited by vphasitha01 (1)
 #8

Today we have another new wallet. Let's start straight away.


Assuming your wallet is already open.

Click on the links to jump on the exact scenes
00' 01": Click on Addresses tab.
00' 03": Mark the address you want to sign a message.
00' 27": Right click on the address.
00' 32": Click on Sign/verify message.
00' 37": On the message field, type the desire message.
01' 15": Click on Sign button.
01' 17": Enter password if required for you.
01' 25": Click Ok button.
01' 27": On the Signature field you will see the signature.


Verify it on the web. We will use http://brainwalletx.github.io
01' 33": Visit http://brainwalletx.github.io
01' 34": Click on Verify.
01' 44": Click on Bitcoin-QT tab.
01' 49": Enter the Bitcoin address on the Address field.
02' 05": Paste the message on the Message field.
02' 14": Paste the signature on the Signature field.
02' 18": The light green area shows the message is valid and has been verified.

Verify using Electrum itself.
02' 39": Click on Tools from the menu bar.
02' 41": Click on Sign/verify message.
02' 54": Bitcoin address is on the Address field.
03' 02": Message on the Message field.
03' 09": Signature on the signature field.
03' 11": Finally click on Verity button.
03' 19": Signature verified!
Mission accomplished  Smiley


Address
Code:
16kRNN3LcYzMxMGuUxgW8oLH7bj4VxBJbS

Message
Code:
This is a test message time and date 02/08/2018 @20:04

Signature
Code:
IJTikg4h9ZmT3KiUPWLZMTGd0rpqlZ81xyzcdNsPWtGyXFoATTjxppt1w7g4+PqPVIS2HTXGm0+Y3BCJ6oBdIwQ=

Another format with all-together
Code:
-----BEGIN BITCOIN SIGNED MESSAGE-----
This is a test message time and date 02/08/2018 @20:04
-----BEGIN SIGNATURE-----
16kRNN3LcYzMxMGuUxgW8oLH7bj4VxBJbS
IJTikg4h9ZmT3KiUPWLZMTGd0rpqlZ81xyzcdNsPWtGyXFoATTjxppt1w7g4+PqPVIS2HTXGm0+Y3BCJ6oBdIwQ=
-----END BITCOIN SIGNED MESSAGE-----

Verified
inPRIVACYweBELIEVE
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September 04, 2018, 04:45:28 PM
 #9

Links has been added to the scenes and it was the most boring part :-)

Thanks to LoyceV

May I suggest to add links to the scenes you're listing?
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