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Bean Digital Cash is simple, consisting of a single pairing of a Bean Cash address with its corresponding Bean Cash private key. These key pairs have been generated for you in your web browser and is displayed above. When printed to paper, this creates your Bean Digital Cash.
To safeguard your Bean Digital Cash you must print or otherwise record the Bean Cash address and private key. It is important to make a backup copy of the private key and store it in a safe location. This site does not have knowledge of your private key. If you leave or refresh this page, or press the "Generate New Address" button then a new private key will be generated and the previously displayed private key will not be retrievable. Your Bean Cash private key should be kept a secret. Whomever you share the private key with has access to spend all the Bean Cash associated with that address. If you print your key pair, you need to take measures to keep it safe from water. Treat your Bean Digital Cash just as you would other cash.
Add funds to this wallet by instructing others to send Bean Cash to your address.
Check your balance by going to any of the following Block Explorers and entering your Bean Cash address:
https://chainz.cryptoid.info/bean/
https://beancash.info
Spend your Bean Cash by downloading one of the popular Bean Cash p2p/Keychain Apps found Here for Windows, MAC OS, Linux, or Android. Or Here to compile from source. Run the Keychain App/wallet and use it to import your private key. Keep in mind when you import your single key to a Bean Cash p2p client and spend funds your key will be bundled with other private keys in the p2p client. When you perform a transaction your change will be sent to another Bean Cash address within the p2p client wallet. You must then backup the p2p client/Keychain App and keep it safe as your remaining Bean Cash will be stored there. It is advised to never delete a Keypair (as general rule).
- Use the Bulk Key pair tab to pre-generate a large number of Bean Cash addresses (10,000+). Copy and paste the generated comma separated values (CSV) list to a secure text file on your computer. Backup the file you just created to a secure location.
- Import the Bean Cash addresses into a database table on your web server. (Don't put the wallet/private keys on your web server, otherwise you risk hackers stealing your Bean Cash, just use the Bean Cash addresses as they will be shown to customers, in order to make payments to those addresses.)
- Provide an option on your website's shopping cart for your customer to pay in Bean Cash. When the customer chooses to pay in Bean Cash you will then display one of the addresses from your database to the customer as his "payment address" and save it with his shopping cart order.
- You now need to be notified when the payment arrives which can be automated. To manually check if a payment has arrived you can use the Bean Cash Block Explorer (other Bean Cash Block Explorers are available as well: www.beancash.org) and paste the Bean Cash address you are checking into the search box. Bean Cash is a fast payment network. Your transaction will be transmitted instantly and should be confirmed in less than a minute. Bean Cash is up to thirty times faster than Bitcoin, and unlike Bitcoin, is designed to be a fast-transaction oriented payment network with twenty times the capacity of Bitcoin.
- As customers make payments to your Bean Cash addresses, Bean Cash will safely accumulate on the block chain in the associated addresses. You will need to use the original Key pairs (with the Private Keys) you generated in step 1 to spend or transfer them.
[NOTE: this input box can accept a public key or private key]
[NOTE: this input box can accept a public key or private key]
Bean Cash stores public keys in compressed format. The client now also supports import and export of private keys with importprivkey and dumpprivkey in the Console or command line. The format of the exported private key is determined by whether the address was generated in an old or new wallet.
51 characters base58, starts with a '5'
52 characters base58, starts with a 'L'