Monero is an open-source cryptocurrency that uses a blockchain and focuses on privacy. Similar to Bitcoin, a software wallet is required to send or receive transactions. The official website offers a variety of wallets to choose from. Personally, I prefer the CLI wallet for its flexibility and customizability. This is the wallet that will be discussed in this article.
Go to the official website to download it : https://www.getmonero.org/downloads/
Note: when it comes to cryptocurrency security, it's always recommended to use a hardware device to store your private keys. The Ledger USB device is a popular choice as it provides a secure way to store your private keys and sign transactions on the blockchain. By using a hardware device, you add an extra layer of security to your cryptocurrency transactions, ensuring that your funds are safe from potential hacks and theft. The command below for wallet creation assume that you have a Ledger key.
⚠️Cryptocurrencies are still a young technology, only invest money you can afford to lose.⚠️
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user@host:~$ ./monero-wallet-cli --generate-from-device=Monero_Ledger
Note: The Monero application must be open and running on your Ledger device.
user@host:~$ ./monero-wallet-cli --wallet-file ./Monero_Ledger.keys
Note: On the Ledger device, approve the invitation to export view key.
utilisateur@hôte:~$ ./monero-wallet-cli --wallet-file ./Monero_Ledger.keys --trusted-daemon --daemon-address 192.168.1.10:18081
Note: On the Ledger device, approve the invitation to export view key.
Once the wallet is open, you can use the following commands.
[wallet 86K1TV]: refresh
[wallet 86K1TV]: start_mining [<number_of_threads>] [bg_mining] [ignore_battery]
[wallet 86K1TV]: help
[wallet 86K1TV]: help all
[wallet 86K1TV]: wallet_info
[wallet 86K1TV]: address all
[wallet 86K1TV]: address new
[wallet 86K1TV]: balance
[wallet 86K1TV]: account switch 1
[wallet 86K1TV]: show_transfers out
[wallet 86K1TV]: show_transfers in
[wallet 86K1TV]: transfer <address> <amount>
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