Review on Monero Core Client by Alex Martakov
The computer will start downloading the zip archive. It weighs 146 MB. To…
The computer will start downloading the zip archive. It weighs 146 MB. To unzip it, click on the file called " monero-wallet-gui.exe»;
Then Begins the installation and configuration of the monero wallet. Opening the wallet, you need to choose the language in which you will work. It is better to choose English, it is more reliable. But there is also Russian, although the translation is not perfect;
Another window will open. Click "Create a new wallet". But before that, make sure that the "Testnet" mark is not checked;
A window will open where you need to enter the invented wallet name. Next will be placed Seed-key, which must be rewritten. This key is the most important part of the wallet;
At the bottom is the path to the installed file in Windows. It is important to make sure that the path is written in Latin characters. If Cyrillic is used, most likely the wallet will start to crash;
Click the arrow to the right, and then you need to choose a password. It is used to enter. The system will even show how strong the password is;
Then you will see information about Monero GUI. When ready, click "Use Monero".
Now The monero cold wallet can be used. Then you need to configure the functionality, otherwise the wallet will not be able to reveal its full potential.
Pros
- The old wallet can be restored, and then the new wallet will have the same Monero coins. To do this, use the Seed-key. If we consider the example of Monero Gui, it is a phrase consisting of 25 words; Since this wallet belongs to the "thick" kinds, it is the most secure. That is why it is chosen for the storage of the considered cryptocurrency; In the advanced features of the wallet it is possible to use the cold storage type on the program; Coins can be minted directly from the crypto-wallet. But we are talking only about solo mining, and it is not an effective method of coin mining in our time. Nevertheless, even such an addition looks attractive for miners. In most cases, cryptocurrencies do not offer anything like this.
Cons
- Long sync Bloccano. And if the user also has a low Internet speed or there are some restrictions, synchronization is generally delayed for several days.
