I don't have a lot of skills, so I'm a bit confused as to how we would open each wallet, and in the future, be able to send coins. Also, I'm wondering how a person could restore one or all of the wallets.
Thanks for mining and for the question. There is no graphical wallet yet; each coin has its own wallet named
w, used through bitcoin-cli. Open a Command Prompt in the windows folder of the kit (where bitcoin-cli.exe is) and use the commands below. They are for Half; for the other coins change -coin=half to quarter, dime, nickel or cent. If you changed DATA in m0-settings.bat, use that folder instead of C:\CoinSeries\mainnet.
1. Protect and back up firstRun
m2-protect-wallets.bat. It sets one password on all five wallets and saves a copy of each wallet to C:\CoinSeries\mainnet-backup (half-wallet.dat, quarter-wallet.dat, ...). Write the password on paper and copy that folder to a USB stick. Without the password the coins cannot be spent, and nobody can recover it.
2. See your balancebitcoin-cli -datadir=C:\CoinSeries\mainnet -chain=main -coin=half -rpcwallet=w getbalances
Mining rewards show as "immature" first and become spendable after 100 blocks (about 17 hours). m3-status.bat shows this for all five coins.
3. Receivebitcoin-cli -datadir=C:\CoinSeries\mainnet -chain=main -coin=half -rpcwallet=w getnewaddress
4. SendUnlock for 60 seconds (only needed after m2), then send:
bitcoin-cli -datadir=C:\CoinSeries\mainnet -chain=main -coin=half -rpcwallet=w walletpassphrase "your password" 60
bitcoin-cli -datadir=C:\CoinSeries\mainnet -chain=main -coin=half -rpcwallet=w sendtoaddress hf1q... 1.5
Each coin only accepts its own addresses (hf1 Half, qt1 Quarter, dm1 Dime, nk1 Nickel, ct1 Cent), so coins cannot be sent to the wrong chain by mistake.
5. RestoreOn any PC with the node running (same coin), restore a backup file under a new wallet name:
bitcoin-cli -datadir=C:\CoinSeries\mainnet -chain=main -coin=half restorewallet w2 "D:\backup\half-wallet.dat"
Then use -rpcwallet=w2 in the commands above, with the same password. Repeat for each coin with its own backup file. The node rescans the chain, so restored balances appear after it finishes.
Keep the backup files private: anyone with a backup and its password can spend the coins.