Whitepaper - Ethereum Classic With Cover

Ethereum Classic Documentation, Release 0.1
• MyEtherWallet
• Cold storage
– Etherwall website
– Etherwall source
– MyEtherWallet website
– MyEtherWallet source
– Chrome extension
– Icebox by ConsenSys - Cold storage based on lightwallet with HD wallet library integrated.
– Reddit discussion 1
– How to setup a cold storage wallet
• Hardware wallet
• Brain wallet
• Misc
– reddit discussion 2
– reddit discussion 3
– brain wallets are not safe, do not use them. https://www.reddit.com/r/ethereum/comments/45y8m7/brain_wallets_are
– Extreme caution with brain wallets. Read the recent controversy:
https://reddit.com/r/ethereum/comments/43fhb5/brainwallets vs
http://blog.ether.camp/post/138376049438/why-brain-wallet-is-the-best
– Kraken Wallet Sweeper Tool - Pre-sale wallet import
– Recommended ways to safely store ether
– How to buy and store ether
– A laymen’s intro into brute forcing and why not to use brain wallets
– Pyethsaletool
– Account vs wallet
1.4.5 Sending ether
The Ethereum Wallet supports sending ether via a graphical interface.
Ether can also be transferred using the geth console.
> var sender = eth.accounts[0];
> var receiver = eth.accounts[1];
> var amount = web3.toWei(0.01, "ether")
> eth.sendTransaction({from:sender, to:receiver, value: amount})
For more information of Ether transfer transactions, see Account Types, Gas, and Transactions.
Ethereum is unique in the realm of cryptocurrencies in that ether has utility value as a cryptofuel, commonly
referred to as “gas”. Beyond transaction fees, gas is a central part of every network request and requires the
sender to pay for the computing resources consumed. The gas cost is dynamically calculated, based on the volume
and complexity of the request and multiplied by the current gas price. Its value as a cryptofuel has the effect
of increasing the stability and long-term demand for ether and Ethereum as a whole. For more information, see
Account Types, Gas, and Transactions.
56 Chapter 1. Contents