IOTA wallet installation tutorial

胡家維 Hu Kenneth
Singapore Blockchain-Dapps
5 min readMay 1, 2018

IOTA Wallet

Wallet download

Go to https://github.com/iotaledger/wallet/releases to download the wallet. The latest version is now 2.4.0. I use the Windows system. I believe most people use the Windows system too, so choose the file IOTA.Wallet.Setup. 2.5.7.exe download (current wallet only supports 64-bit systems)

Wallet installation

After the download is complete, you need to run as an administrator to install it. It is recommended that Light Node be installed so that there is no need to download excessive network data.

The following node selection, I recommend not to choose the default node http://iota.bitfinex.com:80

Password (Seed)

Never generate a password on a web page (Seed)

Even if the webpage declares that “all actions are performed locally, there will never be a password leak,” “this page is Opensource,” “after 10 million people use the test,” and never believe it.

Generate IOTA password on Linux:

Cat /dev/urandom |tr -dc A-Z9|head -c${1:-81}

Generate IOTA password on Mac:

Open the terminal and type, or copy the following instructions and press Enter:

cat /dev/urandom |LC_ALL=C tr -dc ‘A-Z9’ | fold -w 81 | head -n 1

Generate IOTA password on Windows:

Please come up with 6 dice. Once you have completed one of the A-Z9 characters, you can continue to select 81 characters. (IOTA uses only ABCDEFGHIJKLMNOPQRSTUVWXYZ9, which is uppercase A-Z and number 9)

Wallet

Language-

IOTA wallet supports multi-language : Click “View” -> “Change Language” → Language

IOTA wallet is different from other digital currency wallets, there is no so-called account password, only a length of no more than 81 SEED, as the basis for verifying identity. You can manually enter 81 characters (capital letters A-Z and 9 are random combinations). Earlier versions of the wallet have SEED capabilities, which are removed from the new version. Randomly generated as much as possible, if an 81-bit character can be easily remembered, it means that other people can easily remember it, and it is easily cracked.

Note : These 81-bit SEEDs are very important. You will need to use this string to log into your wallet. Forget that SEED will lose all your money. So be sure to back up your SEED.

There is also software for generating software on the Internet. If you use the online software, you must use the generated SEED before you modify it. Now that you have used the generated software, the account has been stolen. For example, the 81-bit SEED you use is:

DXSH9YZXCYVYOWTV9YULOVYBVDL99YGIAEQWEDFGHNSLNGHJFGHJPCIYEC9GWOLMFGHGQ99Y9HNMRQMFV

After inputting this SEED, you will find that there are three letters in the back. You don’t need to memorize these three letters. You can only have the impression. Whenever you use this SEED, the letters that appear after you are the same. Which time did you find that the letters were different, then you have mistyped SEED. Because the input SEED is invisible, you can only use this character to determine if you entered it correctly.

After the login is successful, you can see your wallet balance, as well as send, receive, history four options. (In order to demonstrate more clearly for everyone, I used a purse from the original experiment.)

RECEIVE

You can direct copy your receive address and then paste directly to the exchange, or send it to someone else for collection. It should be noted that each time you log in to the wallet, a new address will be automatically generated. If you want to use the new address, you need to re-add “TANGLE”. If you do not plan to use it, it is recommended not to add it. Also, each address can only be charged once (although multiple payments can be made, it will increase the chance of your account being stolen. Strongly, it is not recommended to use multiple times.)

SEND

Click “SEND”, enter the payee’s address, payment amount, select a good payment unit (must not choose wrong, the total amount of IOTA is huge, different units, the amount represented is very different). After confirming that everything is correct, click Send Now.

HISTORY

If your payment or payment has not been confirmed, find the transaction without confirmation and click on “Show Bundle”.

If you take the money from the exchange to the wallet, the exchange shows the success of the coins. If you wait for a long time, the wallet has been unconfirmed. If you did not use the previous one, log on to http://www.iota.tips Click “transaction” to enter your payment address and check the transaction status. If the status of “confirmed” is “false”, it means that the other party executed the transaction, but the delivery failed. You can contact the exchange to explain the situation and have the exchange repay once.

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胡家維 Hu Kenneth
Singapore Blockchain-Dapps

撰寫任何事情,O型水瓶混魔羯,咖啡愛好者,Full stack/blockchain Web3 developer,Founder of Blockchain&Dapps meetup ,Udemy teacher。 My Linktree: https://linktr.ee/kennethhutw