Zurcoin is a cryptocurrency that is just like Bitcoin except there are a few differences in the codebase between the two, and some other changes in how Zurcoin is produced (mined). Here we will explain how you can use the Zurcoin Blockchain to send, receive and store payments digitally. Aside from a few new concepts, it couldn't be easier!
If you have been mining Zurcoin in the past and are just coming to this site now for the first time be aware that you need to download and install the new wallet software.
First of all, Zurcoin resides in decentralized wallets. Each wallet generates a few addresses to which you can send and from which you can receive Zurcoin. You can download and install a digital Zurcoin wallet by visiting the resources page and selecting the software that matches your computer (Mac, Windows or Linux). Once installed, your wallet will give you an address automatically to where you can send Zurcoin. Before installing the wallet software, make sure you read the Security Notice at the bottom of this page to learn how to back-up your wallet so that your coins are always safe!
Zurcoin uses two different sets of Keys to identify how transactions are recorded on the network. These Keys are called Public Keys and Private Keys. The difference between Public and Private Keys can be thought of as the difference between a mailing address and a physical key that unlocks the mailbox into which your mail is deposited. The mailing address is where people send you mail to whereas the key that unlocks your mail deposit box is used to gain entrance into what's inside. One of these is publicly shared and the other of these is private and only ever used by you.
Zurcoin wallets all have Public Keys. Public Keys represent the destination to where ZUR is sent. These are also known as Zurcoin addresses. Every Zurcoin address is in exactly the same format: it is a total of 34 characters long and will always begin either with the letter “U” or the letter “V”. (See above for two examples of real Zurcoin addresses.)
Remember, every single Zurcoin address is in the exact format described above, beginning with the letter U or V and followed by a randomly-generated sequence of letters or numbers in no particular order or format. If your Public Key does not fit this description then you have still not located your wallet address!
Each wallet address also has its own Private Key that is uniquely-paired with its Public Key. Unlike a Public Key, a Private Key should never be given to anyone else. This is because it is used to unlock a wallet and access the coins inside it.
A Private Key is a secret code that allows the holder to access the contents of the wallet address linked to the Public Key by putting it into any Zurcoin wallet software downloaded from the internet. A private key is longer than a Public Key (52 characters) and is made up of the same randomized letters and numbers.
You can obtain your Private Key by going to Debug Window in your Zurcoin/Zurbank wallet and issuing the command dumppvtkey “wallet address” in the console section of the wallet. For example, suppose we want to find the private key for the address beginning with the letter V above then you should see a display like this one:
=> dumpprivkey "V82duAC21BxwF5cHxY1MHDkPPtgfiLFUH3"
Here, the Zur wallet console tells us our Private Key is WAZErEQvJ4zcAtTCnT5vq7rzA9A7bZcF7fkXLHYCXMTzu6L5xDPY for Public Key V82duAC21BxwF5cHxY1MHDkPPtgfiLFUH3. Do not ever share this private key with anyone as it gives the person access to your wallet and all the coins inside it. Ideally, write it down or print it out and keep it somewhere safe and locked that only you will remember.
A transaction ID is what is generated by the miner who approves your transaction when you send Zurcoin on the blockchain. The way that coins are sent and received is that a request is sent to the miners on the network when you want to send Zurcoin to another Public Key. Whenever a miner generates enough hashpower via directing a specifically configured mining hardware at the Zurcoin Blockchain, then your transaction will get approved inside a block of data. This block is what gives the Blockchain its name.
A successfully-sent transaction receipt will look like something in the example box below. The Transaction ID can be thought of as a conformation code which assures you and the receiving party that the transaction was successful. In the example, we can see that Wallet Address V1sng5tTfAgJTsNY9s7apYq1KttdxPtwdX received 100,000 ZUR on April 13, 2021, and that a transaction fee of 0.1 ZUR was debited from the sender’s account to compensate the miner for verifying the transaction.
Status: 15090 confirmations
Date: 4/13/21 07:59
Debit: -100 000.00000 ZUR
Transaction fee: -0.10000 ZUR
Net amount: -100 000.10000 ZUR
Output index: 0
Make sure you go to File => Backup Wallet so that if you lose your hardware or your software is damaged your data is safe!
Go to menu => File => Backup Wallet. Now find the folder you want to save the file and type “wallet.dat” in <File name:> field. Save.
Zurcoin mining is when a hardware device is connected to the Zurcoin Blockchain and new ZUR is produced. It is the way in which new ZUR is created.
To mine ZUR, you have two options. You will need a hardware miner, which you can either purchase or rent online. To rent one online we suggest going to Mining Rig Rentals. Make sure you rent a hardware miner that connects to the Quark Algorithm.
Once you have the appropriate hardware mining tool, you will need to connect it to a mining pool. There is a mining pool that is run by the co-Founders of the project that you can use for this purpose that you can find on the Resources page of this website.
When your hardware miner is connected to a Zurcoin mining pool, you should notice coins arriving in the wallet address you designated to receive the new ZUR within a few minutes.
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