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A Cannacoin wallet is as simple as a single pairing of a Cannacoin address with it's corresponding Cannacoin private key. Such a wallet has been generated for you in your web browser and is displayed above.
To safeguard this wallet you must print or otherwise record the Cannacoin address and private key. It is important to make a backup copy of the private key and store it in a safe location. This site does not have knowledge of your private key. If you are familiar with PGP you can download this all-in-one HTML page and check that you have an authentic version from the author of this site by matching the SHA1 hash of this HTML with the SHA1 hash available in the signed version history document linked on the footer of this site. If you leave/refresh the site or press the "Generate New Address" button then a new private key will be generated and the previously displayed private key will not be retrievable. Your Cannacoin private key should be kept a secret. Whomever you share the private key with has access to spend all the Cannacoins associated with that address. If you print your wallet then store it in a zip lock bag to keep it safe from water. Treat a paper wallet like cash.
Add funds to this wallet by instructing others to send Cannacoins to your Cannacoin address.
Check your balance by going to cannacoin.com/explorer or http://cannacoin.info/ and entering your Cannacoin address.
Spend your Cannacoins by downloading one of the popular Cannacoin p2p clients and importing your private key to the p2p client wallet. Keep in mind when you import your single key to a Cannacoin p2p client and spend funds your key will be bundled with other private keys in the p2p client wallet. When you perform a transaction your change will be sent to another Cannacoin address within the p2p client wallet. You must then backup the p2p client wallet and keep it safe as your remaining Cannacoins will be stored there. Satoshi advised that one should never delete a wallet.
- Use the Bulk Wallet tab to pre-generate a large number of Cannacoin addresses (10,000+). Copy and paste the generated comma separated values (CSV) list to a secure text file on your computer. Backup the file you just created to a secure location.
- Import the Cannacoin addresses into a database table on your web server. (Don't put the wallet/private keys on your web server, otherwise you risk hackers stealing your coins. Just the Cannacoin addresses as they will be shown to customers.)
- Provide an option on your website's shopping cart for your customer to pay in Cannacoin. When the customer chooses to pay in Cannacoin you will then display one of the addresses from your database to the customer as his "payment address" and save it with his shopping cart order.
- You now need to be notified when the payment arrives. Google "Cannacoin payment notification" and subscribe to at least one Cannacoin payment notification service. There are various services that will notify you via Web Services, API, SMS, Email, etc. Once you receive this notification, which could be programmatically automated, you can process the customer's order. To manually check if a payment has arrived you can use Block Explorer. Replace THEADDRESSGOESHERE with the Cannacoin address you are checking. It could take between 10 minutes to one hour for the transaction to be confirmed.
http://block-explorer.com/address/THEADDRESSGOESHERE
Unconfirmed transactions can be viewed at: http://explorer.Cannacoin.net/
You should see the transaction there within 30 seconds. - Cannacoins will safely pile up on the block chain. Use the original wallet file you generated in step 1 to spend them.
[NOTE: this input box can accept a public key or private key]
[NOTE: this input box can accept a public key or private key]
Cannacoin v0.6+ stores public keys in compressed format. The client now also supports import and export of private keys with importprivkey/dumpprivkey. The format of the exported private key is determined by whether the address was generated in an old or new wallet.
51 characters base58, starts with a '6'
52 characters base58, starts with a 'T'