Basic use of AEON Wallet

Objective:
– Create your first wallet
– To know the basics of simplewallet
– How to solomine with aeond/simplewallet
– Turn off everything safely

Requirements:
– AEON Wallet is correctly installed
– Has started simplewallet already
– In case one of the above points are not fullfilled, check out the other guides first: Setup AEON Wallet using Linux / Setup AEON Wallet using Windows

Disclaimer:
– I am not a professional, some parts of this guide can be improved and be done in a more professional way.

 


 

Table of contents:
Create your first AEON Wallet
Simplewallet commands
First transaction
Solomining
Shutting down your AEON Wallet

 


 

Create your first AEON Wallet

Upon first simplewallet start, you will guided through the creation of your first wallet.

Choose a wallet name. For this guide we will name our wallet: Wallace.
Confirm with pressing Enter.

Next it will ask for a password. This password will be used to protect your wallet file. Choose a safe password to protect your wealth. Press Enter again.

Your wallet has now been generated. Please read very carefully the green message. It will ask you to write down your 24 words long seed password. This seed password is very important since it is the key to your wallet. Upon system crash or losing your wallet files, it will allow you to restore your wallet. Best is to write down the 24 words on a piece of paper and secure it very well. Saving the seed on an USB stick file doesnt count as safe since you could still lose the USB stick or the stick could break.

refresh

It will refresh your wallet so it will be up to date again with the blockchain network. Might take some time. Wait for it to finish.

Once it is finished, it will show you the current balance of your wallet. Your wallet is now created and you are ready to use it!

 

Simplewallet commands

To get an overall overview, you can type “help” in simplewallet to see all the available commands.

help

Following commands are for example available in simplewallet

Command Description Arg 1 Arg 2 Arg 3 Arg 4 Arg 5
address Show current wallet public address
seed Show current wallet seed password
balance Show current wallet balance
bc_height Show blockchain height
help Print help on wallet commands
incoming_transfers Show incoming transfers
list_transfers Show all known transfers
payments Show payments with the corresponding payment_id’s. You may indicate more than one payment_id. [string] payment_id
reset Discard cache data and start synchronizing from scratch
save Save wallet synchronized data
set_log Change current log detailization level [uint] log level (0 – 4)
start_mining Start mining in daemon [uint] threads used
stop_mining Stop mining in daemon
transfer Transfer amount to address with mixin_count (number of transactions yours is indistinguishable from) [uint] mixin_count [string] address [double] amount [string] -p payment_id [double] -f fee

Following commands are usually disabled/not working if you are using a remote blockchain as described in Setup AEON Wallet using Linux (light) / Setup AEON Wallet using Windows (light) :
– start_mining
– stop_mining
– mining_status
– save_bc
– get_connections

 

First transaction

Now that we have a wallet, we want to transfer AEON of course. For that we have to check our balance first.

balance

Balance = Total amount of AEON in our wallet (pending+unlocked balance)
unlocked Balance = Amount of AEON that is already unlocked and can be used for transaction

If we receive AEON, it will be first checked and compared to the AEON network information. Once it is confirmed it will be unlocked.

Lets transfer some AEON. The structure will be like:
transfer [mixin_count] [addr_1] [amount_1] ([addr_2] [amount_2] ... [addr_N] [amount_N]) [payment_id]

mixin_count = Amount of verifications done by the AEON network (its recommended to use at least 3)

Example 1:
transfer 3 WmtP3BT6MvNPf91dbH1FVkXkUVQjdEgzBVtYYPW7dfghJQhcFEkr4xg9ax2ZPpoZhmcxpXCTc4yHnHbzP1R5oYyc1djk8b5Bw 100 WmsSWgtT1JPg5e3cK41hKXSHVpKW7e47bjgiKmWZkYrhSS5LhRemNyqayaSBtAQ6517eo5PtH9wxHVmM78JDZSUu2W8PqRiNs 100

This command would send a total of 200 AEON to two AEON Wallets. Each wallet would get 100 AEON. Please note, above example will be used as one command without breaks of course.

Example 2:
transfer 3 WmtP3BT6MvNPf91dbH1FVkXkUVQjdEgzBVtYYPW7dfghJQhcFEkr4xg9ax2ZPpoZhmcxpXCTc4yHnHbzP1R5oYyc1djk8b5Bw 100 d15c9106902a4806b81040a70780655f566fe60b6f944e6ab2a69725ada22c9c

This command would send a total of 100 AEON to one AEON Wallet. The last string “d15c9106902a4806b81040a70780655f566fe60b6f944e6ab2a69725ada22c9c” in this example is a payment ID. Sometimes if you send AEON to an exchange, it will provide you a payment ID, which you have to include in your transaction. Please note, above example will be used as one command without breaks of course.

Congratulation, you did your first AEON transaction!

 

Solomining

If you are using a local blockchain as described in Setup AEON Wallet using Linux / Setup AEON Wallet using Windows , then you are capable of CPU solomining.

To start solomining

start_mining

In case you know how many threads you want to use for solomining

start_mining [number of threads]

If you would like to know more about threads, google your CPU for the specs and read: Optimal number of threads when mining

Once you are finished mining, you can stop it by typing:

stop_mining

Please note, solomining can take a while and is rather for people with a lot mining power. For faster results, check out pool mining.

In case you are wondering, why you should even consider solomining:
Solomining has less inherent overhead in terms of tx fees. Not only do the pools have to pay fees to pay out, but you will incur more fees when you spend those coins because it takes many tiny outputs to fund a transaction, making it larger. AEON currently has very low fees but those will need to increase to more sustainable level at some point.

 

Shutting down your AEON Wallet

To turn off your wallet

exit

This will save your wallet data and leave simplewallet. Depending on your setup, you will need further steps. See below for your setup:

 

Table of setups:
Setup AEON Wallet using Linux
Setup AEON Wallet using Windows
Setup AEON Wallet using Linux (light)
Setup AEON Wallet using Windows (light)

 

Setup AEON Wallet using Linux

When you have the setup from: Setup AEON Wallet using Linux

After you typed “exit” in your simplewallet, it will save the wallet data and go back to your usual Ubuntu terminal/commandline of your simplewallet screen session.

Since we are done with simplewallet, we will close the simplewallet screen session now.
Press CTRL+A and type:
:quit

Confirm with Enter.
Now you will see:

Lets see which other sessions are still running

screen -ls

As we can see, the blockchain is still running. We have to return to the aeond session.

screen -r aeond

Now that we are back in the aeond session, we will see the status of the blockchain again. Since we want to shut it down, we will type:

exit

This will save the blockchain data and shutdown the daemon. That way, your progress wont be lost upon next start of the daemon.
Wait till it finished saving the blockchain and goes back to your usual Ubuntu commandline. This will take some time since it will write down around 4GB to your HDD/SDD.

Optional:

If its stuck like this and wont go back to your usual Ubuntu command line, continue to the next step where we close the aeond screen session, no problem. Make sure you are already beyond the “Blockchain stored OK” message to not corrupt your blockchain data.

To close the aeond screen session we are gonna using the same method as for simplewallet.

Press CTRL+A and type:
:quit

Confirm with Enter.
Now you will see:

We are finished and it is all done now!

 

Setup AEON Wallet using Windows

When you have the setup from: Setup AEON Wallet using Windows

After you typed “exit” in your simplewallet, it will save the wallet data and close automatically the simplewallet window.
Go to your aeond window and type:

exit

This will save the blockchain data and shutdown the daemon. That way, your progress won’t be lost upon next start of the daemon.
Wait till it finished saving the blockchain. This will take some time since it will write down around 4GB to your HDD/SDD. Once it is done, it will automatically close the command window.

Optional:

If its stuck like this and won’t go any further, close the command window, no problem. Make sure you are already beyond the “Blockchain stored OK” message to not corrupt your blockchain data.

All done now!

 

Setup AEON Wallet using Linux (light)

When you have the setup from: Setup AEON Wallet using Linux (light)

After you typed “exit” in your simplewallet, it will save the wallet data and go back to your usual Ubuntu terminal/commandline. All done now!

 

Setup AEON Wallet using Windows (light)

When you have the setup from: Setup AEON Wallet using Windows (light)

After you typed “exit” in your simplewallet, it will save the wallet data and close automatically the window. All done now!