IPChain Usage Guide
NOTE: To help keep your property safe, we strongly recommend that you set a password right after you create your wallet, while backing up your wallet and keeping it in a safe place
- Open the wallet, select "Create wallet" into the wallet main interface, wallet storage path You can set up when you create the wallet.
- After entering the homepage of the wallet, the wallet will synchronize the block by itself. After the block synchronization is completed, the normal transaction can be performed. The home page will show you the current connections of the wallet and the block synchronization, and ensure that your wallet is in normal synchronization.
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We recommend that you set your wallet password as soon as you sync your wallet, export it, and keep your wallet in a safe place.
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After the synchronization is complete, the home page will be given the appropriate display, then the wallet can be traded normally.Each transaction you make will be displayed on the home page's transaction list (showing the 100 transactions closest to the current date) to see detailed transaction information.At the same time there are still your balance, you need to be aware of In order to ensure the security of the transaction, the transaction will have eight blocks of confirmation period, to be confirmed after 8 blocks will become available balance.IPC, digital assets transactions and intellectual property registration are to comply with this requirement.
When sending ipc, you need to enter the recipient's address (you can add a label to the address) or select the address in the address book and the amount can be successfully sent, you can view the details of the transaction on the first page of the wallet.At the same time, the recipient's address is automatically saved to your address book.Need to pay attention to the IPC unit is divided into: IPC and mIPC, 1IPC = 1000mIPC.
You can generate a new receiving address (address and the corresponding QR code) on the receiving address page, and all the receiving addresses will be stored in the "My Address" list.
- You can register your own copy of the book on the booklet. Enter the known name, upload your unique file, select the registration address you can successfully register! After the registration is successful, you can see the detailed information in the homepage transaction list. In the meantime, a registered good will be shown in your list of trusted births, and you can take action on it: intellectual property, transfer of knowledge, and export of a certificate.
Knowledge production details：
- Intellectual property licensing: that is, your intellectual property is authorized to other users, give them access, you can set the authorization time.After expiration, the user will no longer have the right to use.Authorization is divided into: re-authorization and final authorization.When authorized as a re-authorization, the user not only owns the right to use the intellectual property, but may also authorize the intellectual property to allow the intellectual property to authorize a third or more people again.When the authorization is the final authorization, the user only has the right to use and can not authorize the intellectual property.
- Transfer of IP: Transfer your knowledge to other users, where a change in attribution of ownership occurs and you no longer have any rights over the asset
- Exporting a Certificate: Each enrolled you register can choose to generate a certificate through the program, which is used to query the rights of the owner of the good for a certain period of time.
- Check Label: The uploaded file generates the same label as entered manually, which means the test is successful.
- You can create digital assets that you find valuable by using Digital Asset Function, upload pictures, and we will generate the logo based on your uploaded pictures.(Note: the uploaded image is closely related to your future business activities, be sure to accurately).You can choose how many assets to create, how long to launch, how much precision to choose from (choosing a different precision that limits the minimum units that the digital asset can trade), and more.It should be noted that in order to prevent malicious registration, the creation of digital assets required registration fee of 10 IPC and basic transaction fees.Once created, the digital asset is displayed in your digital asset list and has the option of viewing the asset details.At the same time, you can also view the transaction details in the home page of the transaction list.
Asset details：
- Once created and confirmed by the blockchain, digital assets can be sent, and you can send other users a certain amount of digital assets to trade, which can not be more than the available balance of your digital assets.After the transaction is completed, the home page's transaction list shows the details of the transaction.
- You can use the wallet to join IPChain's account, please read the bookkeeping rules and terms of use in detail.Blockchain will lock in your deposit and add you to the 1IPC address bookkeeping account to ensure that you can exit the account when needed.The deposit will be shown on the homepage balance (shown as a locked balance) and you will not be able to re-use the deposit until the account is booked or exited.After exiting the account, the IPC is unlocked and displayed in your available balance.
- Make sure that your accounting node is stable. You will be penalized if you fail to keep accounts for 3 times consecutively. When other accountants reach a consensus, they will clear consecutive non-accounting nodes out of accounting meetings.When the account taker is punished, some credits will be deducted.Credit value is a cumulative increase in the accounting process, from the beginning of the second year can be used to offset the accounting deposit.
The deposit is recorded according to the ladder, according to the total number of accounts to determine the follow-up to join the accounting node required to pay a deposit.
Book rewards in accordance with the following rules:
Naturally increase 960000 IPC each year (1% of the total)
The first five years of additional mining rewards 9600000 IPC, decreasing each year
First year: 3200000 IPC
The second year: 2560000 IPC
Third year: 1920000 IPC
Fourth year: 1280000 IPC
Fifth year: 640,000 IPC
Sixth year: 0 IPC
For example: According to a block of 15 seconds, a total of 2102400 blocks,
For the first year: Bonus per block throughout the year = (960000 + 3200000) / 2102400 ≈2
For the second year: Reward per block throughout the year = (960000 + 2560000) /2102400≈1.7
For the third year: The reward for each block throughout the year = (960000 + 1920000) /2102400≈1.4
For the fourth year: Bonus per block throughout the year = (960000 + 1280000) /2102400≈1.1
For the fifth year: Bonus per block throughout the year = (960000 + 640000) /2102400≈0.8
For the sixth year and beyond: Bonus per block throughout the year = 960000 / 2102400≈0.5
NOTE:
- In order to prevent too much change in the wallet, it is recommended that users periodically send their accounting income to their other wallets.
- In the accounting process, lock screen, standby, etc. will lead to a system of short-term interruption of accounting activities will result in termination, resulting in being punished.
After sending ipc, the sent address will be saved in the address book. You can edit the tag during sending or modify the tag in the address book.
We recommend that you back up your wallet immediately after wallet synchronization is complete to ensure your property is safe.In addition, once you have enabled the new address, please also make a wallet backup.
We recommend that you set a password immediately after you create your wallet to ensure that your property is safe.Please remember your password, the password is lost, the wallet will not be restored.
To ensure transaction security, it is recommended that you use message signing to prevent data from being maliciously tampered with while it is being transmitted or received.
Enter the address, message, signature, if the correct display proves that the address information security is valid.