Bloodcoin MCM Mojo Wallet Quick Creation and Setup Guide

Bloodcoin MCM Mojo Wallet Quick Creation and Setup Guide

How to quickly set up your own Mojo wallet on your computer.

Independent and complete wallet software is crucial to the success of any cryptocurrency

The Mochimo team has released an updated official GUI wallet that can run on all major systems (Windows, Linux, MacOS).

01

Download & Install

  1. First you need to download it on your computer (copy the address to open the JAVA download interface)

Java https://www.oracle.com/technetwork/java/javase/downloads/jdk11-downloads-5066655.html

After clicking Accept License Agreement, you can download and install the following different versions of Java software on your computer.


2. Open the download interface on the MCM official website

https://mochimo.org/downloads-and-resources/

Click Mojo to download the GUI version wallet

If Java is installed and running normally, you can open the wallet file directly

If that fails, try typing java -jar [Mojo jar file] in the command line.


02

Create a wallet

  1. After running the Mojo wallet file, you will see the following interface. Select NEW in the lower right corner to create a new wallet, and then create a wallet account name, password and confirm password (for Compression and PBKDF2, select the default Gzip and value).

    Please make sure to remember and save your password!!!

  2. Save the file that ends with .mcm automatically generated by the system (this is your wallet file, the file usually starts with "wallet- today's date")

  3. Click Create and then enter the password you just created on the main interface and click Sign in to enter the wallet application

  4. The first thing to do after entering the wallet is to expand your password pool under the option on the left (NEW). The password pool is a unique encryption method of MCM. It generates a set of one-time passwords through an algorithm. Without the password pool, your wallet cannot be used.

To create a new account, you first need to expand your password pool. The Available number in the upper left corner is initially displayed as 0. We should always ensure that this number is greater than 0. When we initially set it up, click Expand and the default number is 100. Click OK to generate the password pool.

The system will prompt us to back up the previous .mcm file every time there is an update in the account. It is recommended to back it up every time the amount of currency in the account changes.

The Available in the upper left corner should show 100 at this time. Then enter a name and click Tag in the lower right corner to randomly generate one. Of course, you can also enter a set of 20 numbers yourself and click the green Register to register an account.

5. You cannot use it immediately after registration. The network system will transfer a 0.000000501 MCM transaction to your account after several blocks. [ 0.000000501 MCM is the minimum number of coins held on the blockchain. The account must maintain at least this number at any time to ensure the activation of the account.]

After receiving 0.000000501 MCM, you can see the account information you just created under Account. At this time, the Status should show Active.

0.000000501 MCM is the minimum number of coins held on the MCM blockchain. The account and tag must maintain at least this number at any time to ensure that the account remains active on the MCM network. If you withdraw all the coins in your account in the future, or if the amount is less than 0.000000501 MCM, then the tag you created will be recognized by the system as available for registration and open to others for registration. In this case, you will no longer receive any coins transferred to this tag in the future.

Make sure your account holds at least 0.000000501 MCM


03

Account Usage

1. All accounts, tags, and active addresses can be found under the Account tab . By default, only Active and Spent accounts are displayed . Spent accounts will be grayed out. You can display all accounts by typing *in in the top Search bar . You can delete accounts (such as Spent accounts ) from the dashboard

2. In order to receive MCM , the recipient provides the sender with the tag that the recipient created. As the recipient, double-click the account to receive MCM to open the account window. In the Tag field, double-click your Tag to copy the 24 characters to the clipboard. Now you can send the tag to the sender, and others can send you MCM with this Tag.

(Double-click the characters here to copy, but the software currently does not provide any feedback on successful copying)

3. When sending MCM, you need to import other people's tags and add them to your account list

Here you need to enter a recipient's name in the Import tab, then paste or enter the recipient's tag in the tag column and click

Double arrow icon to resolve.

If the tag exists accurately in the network, the system will automatically match the address corresponding to the tag.

After getting the address, click Add to Wallet in the lower right corner to add it to your wallet

4. Send MCM under the Send tab

Clicking the magnifying glass icon will open the saved account information. Index is the index number. Select the corresponding account and it will be automatically filled in the blank space in front. Select our own account in Source address, and then select the recipient's account in Destination. The last Change is generally selected by default to check "roll source address". (Detailed explanation below)

It is recommended not to check Satochi (if checked, the MCM amount will be priced based on BTC)

Then click Send to send it!

  1. The Source Address is the account you want to have enough MCM to send from. Click the Search icon and then click to select the account you want to send from. The Source Address field will be filled in

  2. The " Destination " is the account you want to send to. Click the search icon and then click the new account you imported and added to your wallet in step 3 to populate the Destination field

  3. "Change Remaining " is the account to which the remaining MCM in the source address will be sent. By default, the wallet will automatically activate a new address from the address pool created when setting up the wallet. The source address token will be bound to the new address.

      • You can manually specify the selected change address by unchecking the checkbox " Roll source address " and clicking the search icon .

  1. Enter the amount you want to send. By default, the amount is displayed as Satochi ( SMCM ), but it can be changed to MCM by unchecking the " SatoChi" checkbox.


04

Wallet Software Glossary

Wallet - You will have a wallet with all the accounts, labels and addresses you have created. With the generated *.mcm file you can load the wallet to open it, and also the backup file to restore your wallet if needed.

Account - This is an easy to remember name that will reside in your personal wallet and contains an optional Tag and the address associated with the account.

Tags - Tags allow wallet users to keep a small 12- byte hex address (can be personalized to be 24 hex characters long) which will become their effective " account " number. This account number will follow them from transaction to transaction while allowing the wallet to use larger WOTS+ addresses behind the scenes on the backend to keep the real addresses themselves safe from quantum attacks. Senders can use tags to send to recipients. Tags are used to represent potential one-time WOTS+ addresses that will change every time a spending action occurs. By using tags, the end user does not need to see any of this happen and only needs to remember their tag. You can think of the tag as a permanent ID that does not change and can continue to be used multiple times .

Address - A WOTS+ address is a uniquely generated 4096 character long string ( 2208 bytes) that is quantum resistant due to its extreme complexity. That is, WOTS+ addresses are one-time addresses by design, making it impossible for attackers to figure anything out, making the blockchain truly resistant. But this means that every time you spend an address, you need a new address, put a change address in that address, and then spend from the same wallet again. Instead of manually finding and using these secure addresses, under a patented created tag system, change addresses are automatically found and automatically relinked for you. There is no need to remember or find WOTS+ addresses because you will use tags to send / receive. WOTS+ addresses provide quantum proof security, and tags do not compromise that security.

Mochimo Fountain Root - A wallet controlled by the Mochimo team that is used only to fund Tag activations. Tags automatically receive 0.000000501 MCM . There is a limit to the number of tags a user can activate in a given period of time.

  • The Source Address is the account you want to have enough MCM to send from. Click the Search icon and then click to select the account you want to send from. The Source Address field will be filled in

  • The " Destination " is the account you want to send to. Click the search icon and then click the new account you imported and added to your wallet in step 3 to populate the Destination field

  • "Change Remaining " is the account to which the remaining MCM in the source address will be sent. By default, the wallet will automatically activate a new address from the address pool created when setting up the wallet. The source address tag will be bound to the new address. (Here this address can be understood as the change address, the system will transfer your remaining coins to the new address)

      • You can manually specify the selected change address by unchecking the checkbox " Roll source address " and clicking the search icon .


Official homepage:

https://mochimo.org/

English official wallet settings introduction:

http://www.mochiwiki.com/w/index.php/Mojo_Quick_Start_Guide


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