En:instructions:listingna btc-alpha

                   How to issue and cash a check

On the DecimalChain blockchain, any user can issue a check with any denomination of DEL coins or any other Decimal blockchain tokens.

How to issue a check

To issue a check, log in to your personal console using the seed phrase. In the side menu on the left, find the “Checks” button.

In the “Checks” section, you will see two forms to fill in. Scroll down to “Issue a check” and fill in the fields in the form.

1. In the “Nonce” column, put the number 1

2. In the graph “Coin to send”, select the coin you want to “pack” in the check

3. In the “Amount”column, specify the amount of coins you want to “pack” in the check

4. In the “Password” column, create a password that the recipient of the check will have to enter in the appropriate line to receive coins

5. In the “Quantity” column, do not specify anything and then the check will be in a single copy. If you need to issue more than one check with an identical face value, the system itself will generate the appropriate number of passwords and form a file with a list of them for uploading

6. In the column “Valid until the block”, do not specify anything and then you can cash the check at any time after the issue. If you need to limit the time of cashing, specify untill which block it will be available for cashing.

Once all the fields are filled in, click the “Issue”button, confirm the transaction on the blockchain, and under the check issue form, under the “Issue” button, you will see “Signed check” - this is the address of the check that the recipient will need to insert in the corresponding line for repayment. You will also see the password that is required to cash the check.

How to cash a check

To cash the check, the user needs to know

1. The address of the check that looks like this: 2PGhppXsfxSUf9o23EtumYjT1ifKEez8HoENRpvuiL8SuRmwkF36nkTF1ooeztMvFaeAsGzyBPLUtXZfH422z9CDyCLmDMRZHdcHBsnm7Cs3yyoF39Sn8ZSQpfD7b2Z8xU22d9MLuSBzqa9UpjZicds17LYzVSrXJynxe3tBFhPCAVEwUZ4aQQEC5B9porBULdQLgzY9L9gfD8j5gbCJMBkFnFTzH2we9NzQxMVPELnq7kR9tFSi (this is an example)

2. Password To cash the check, log in to your personal console using the seed phrase. In the side menu on the left, find the “Checks” button.

On the “Checks” page, you will see two forms to fill in. We need to fill out the first form at the top“Pay off the check.” 1. In the “Check” column, insert the address of the receipt,. The example it may look like: 2PGhppXsfxSUf9o23EtumYjT1ifKEez8HoENRpvuiL8SuRmwkF36nkTF1ooeztMvFaeAsGzyBPLUtXZfH422z9CDyCLmDMRZHdcHBsnm7Cs3yyoF39Sn8ZSQpfD7b2Z8xU22d9MLuSBzqa9UpjZicds17LYzVSrXJynxe3tBFhPCAVEwUZ4aQQEC5B9porBULdQLgzY9L9gfD8j5gbCJMBkFnFTzH2we9NzQxMVPELnq7kR9tFSi

2. In the “Password” column enter your password

Then click the “Cash” button, confirm the transaction and the coins from the check will appear on your account balance.

 
 
 
 
 
 
 
[[Category::Instructions]]