cln token sale - coluusing an exchange service such as: • shapeshift.io • changelly.com during...

How to Participate Using MyEtherWallter

CLNCLN TOKEN SALE

November 2017

Colu Technologies DLT limited

3

Colu Technologies DLT Limited

November 2017

Table of Contents

Introduction 4

Create New Account 5

Step 1: Go to https://www.myetherwallet.com 5

Step 2: Go to the “New Wallet” Tab 5

Step 3: Provide a Strong Password 6

Step 4: Save Your Keystore File 6

Step 5 (optional): Backup Your Private Key 7

Step 6: Unlock Your Wallet to View the Public Address 7

Step 7: Save Your Public Address 8

Using Existing Account 9


Step 2: Unlock Your Wallet to View the Public Address 9

Step 3: Save Your Public Address 9

Sending ETH to the Token Sale Address and Buying CLN 11


Step 2: Go to the “Send Ether & Tokens” Tab 11

Step 3: Send ETH to the Token Sale Address 11

Step 4 (optional): Confirm Your ETH Were Sent 12

Acquiring Ether (ETH) 14

Frequently Asked Questions 15

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November 2017

Introduction

Created by kvhnuke & tayvano, MyEtherWallet is a free, open-source, client-side

tool for securely interacting with the Ethereum network.

While the following instructions will guide you through the setup of an

MyEtherWallet with token support, all participants should also conduct their own

research on the setup process.

We make no representations or warranties that the following material is complete

or accurate, or that the MyEtherWallet (or any associated software or services)

will be reliable or function as described. As such, participants assume all risks

associated with the use of MyEtherWallet (or any other ERC20 wallet) in

connection with the token sale.

For the terms and conditions concerning the CLN token sale please visit cln.colu.com

We have provided an FAQ at the end of this document. However, if you should have

any additional questions, please do not hesitate to reach out to us on:

• Telegram: http://bit.ly/ColuLocalNetwork

• Support Email: [email protected]

https://cln.colu.com/

http://bit.ly/ColuLocalNetwork

mailto:[email protected]

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November 2017

Create New Account

If you have an existing Ethereum account you can use via MyEtherWallet, please skip

this section and jump ahead to the next section, “Using Existing Account.”

Step 1: Go to https://www.myetherwallet.com/

Make sure that you are on a computer you trust and that you access the website via

an HTTPS address. If you’re using Chrome, you should see a lock notification in the

address bar.

Step 2: Go to the “New Wallet” Tab

Step 3: Provide a Strong Password

Provide a password that will be used to access your wallet:

1. Create a strong password, using upper and lower-case letters, and also numbers

and symbols (e.g., “@”, “^”, etc.).

2. Do not lose this password. Losing this password is equivalent to losing all of the

ETH and CLN stored in your account.

Click on the “Create New Wallet” button.

https://www.myetherwallet.com/

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November 2017

Step 4: Save Your Keystore File

Follow the instructions to save your keystore file. This file contains your private and

public keys and is required every time you want to access your account.

Please note that you won’t be able to access your account without this file and the

password from the previous step. Losing either one of them is equivalent to losing all

of the ETH and CLN stored in your account.

Step 5 (optional): Backup Your Private Key

If you would like to make this account accessible by other Ethereum wallets, you

can export and backup your private key.

It is important to remember that you should never share your private keys with

anyone else. If your wallet address (i.e., your public key) is the equivalent of your

bank account number, then your private wallet key is your PIN. If anyone obtains

your private key, they will have access to all of your funds.

Step 6: Unlock Your Wallet to View the Public Address

Follow the instructions to unlock your wallet and get your public address:

Select the “Keystore File (UTC / JSON)” and the keystore file you’ve downloaded

in the previous step:

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November 2017

Input your passphrase and click on the “Unlock” button to unlock it:

Step 7: Save Your Public Address

At this stage, you should now be able to see your Ethereum public address under

the “Your Address” label.

You will need to provide this public address during your registration for the token

sale event. Do not lose your password and the keystore file, as you will need to use

them in the token sale event.

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November 2017

Using Existing Account


Make sure that you are on a computer you trust and that you access the website

via an HTTPS address. If you’re using Chrome, you should see a green lock

notification in the address bar.

Step 2: Go to the “View Wallet Info” Tab

Step 3: Unlock Your Wallet to View the Public Address

Follow the instructions to unlock your wallet and get your public address:

Select the “Keystore File (UTC / JSON)” and the keystore file from earlier:


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November 2017

Input your passphrase and click on the “Unlock” button to unlock it:

Step 4: Save Your Public Address

At this stage, you should now be able to see your Ethereum public address under

the “Your Address” label.

You will need to provide this public address during your registration to the token

sale event. Do not lose your password and the keystore file, as you will need to use

them in the token sale event.

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November 2017

Sending ETH to the Token Sale Address and Buying CLN

Make sure that you have enough ETH in your wallet to cover your participation as

well as a small transaction fee on the Ethereum blockchain, known as “gas”.

Step 1: Go to https://cln.colu.com/ 24 Hours Before the Start of the

Token Sale

The token sale is scheduled to start in January 2018 and will last 7 days or until the

hard cap is reached. We will publish the token sale address at least 24 hours before

the start of the token sale in order to help you prepare.

Make sure the sale has started before you send ETH. If you send ETH before the

sale starts, your transaction will be rejected.

The address of the sale will be published only on https://cln.colu.com.

DON'T USE ANY OTHER ADDRESS TAKEN FROM ANY OTHER SITE OR ANY

MEANS OF COMMUNICATION.


Go to the MyEtherWallet website at https://www.myetherwallet.com. Make sure

that you are on a computer you trust and that you access the website via an

HTTPS address. If you’re using Chrome, you should see a green lock notification in

the address bar.

Step 3: Go to the “Send Ether & Tokens” Tab

Choose how you would like to access your wallet. For instance, if you choose to

access using your keystore file, select the wallet file as indicated above, insert your

password and click “Unlock” to proceed.

https://cln.colu.com


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November 2017

Step 4: Send ETH to the Token Sale Address

You will then be asked to fill the “Send Transaction” form.

• In the “To Address” field, paste the sale address copied in the last step.

• In the “Amount to Send” field, fill in the amount of ETH you wish to use to buy

CLN tokens

• Select the Gas Limit (transaction fee). If you see a gas estimation of -1, it means

that the transaction will not be executed. This could happen because of several

things such as sending before / after the sale, or sending from an unauthorized

address. If the gas estimation is 120,000 please check that the TO Address is

the CLN official sale address

• Click on “Generate Transaction.”

A popup will appear. Click “Send Transaction.” MyEtherWallet will ask you to confirm

the transaction. If the data is correct and you wish to proceed, click “Yes, I am sure!

Make transaction.”

DO NOT click on this button more than once.

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November 2017

Congratulations! You have now purchased the amount of CLN that corresponds to

the amount of ETH you sent.

After sending the request, you should get a link to your transaction (powered by

the etherscan.io web service).

Step 5 (optional): Confirm Your ETH Were Sent

Open your transaction in etherscan.io, by clicking on the “Verify Transaction.”

You should first see the transaction as pending.

After a few moments (depending on the performance of the Ethereum network), you’ll

see the transaction as submitted, and a few moments later you will see a confirmation:

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November 2017

Acquiring Ether (ETH)

Ether (ETH) will be the only acceptable form of payment in the CLN token sale.

Please make sure that you have adequate ETH available for the token sale.

You can purchase ETH with fiat currencies such as USD, Euro, etc., on any of the

well-known cryptocurrency exchanges, such as:

• Coinbase.com

• Cex.io

• Kraken.com

• poloniex.com

You can also exchange existing cryptocurrencies (e.g., BTC, Zcash, Ripple) for ETH

using an exchange service such as:

• Shapeshift.io

• changelly.com

During the token sale event, please ensure that the amount of ETH you have

in your wallet is sufficient to cover your buy-in amount as well as the fee for

transacting on the Ethereum blockchain (i.e., “gas”). Before the token sale starts,

we will publish recommendations on the amount of gas needed to participate.

Any attempts to send ETH from a different address or directly from an exchange

(e.g., Coinbase, Kraken, Poloniex, etc.) during the sale will result in an inability to

purchase CLN and your ETH may be permanently lost.

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November 2017

Frequently Asked QuestionsFor more info, please visit the official: MyEtherWallet's FAQ.

Why can’t I see my balances when I unlock my wallet? This is most likely due to the fact that you are behind a firewall. It is common for

the API that is used to display the balance to be blocked by firewalls. You will still

be able to send transactions, but you will need to use a blockchain explorer, such

as Etherscan, to view your balance.

Why can’t I see the account I have just created in the blockchain explorer (e.g., Etherchain, Etherscan)? Only active accounts are visible in a blockchain explorer. Once you have

transferred some ETH into the account, it should be visible.

How does MyEtherWallet actually work? Please check this page: https://myetherwallet.groovehq.com/knowledge_base/

topics/how-doesmyetherwallet-actually-work

Why am I seeing two different versions of my Ethereum address - one with uppercase letters and one with lowercase letters? Capitalization simply means the address has a checksum, which will detect input

errors. Both addresses refer to the same wallet and are fully functional.

For example, two versions of an Ethereum address are below.

• 0x0430894efd64349c078877E42F1c7c7B838cf108

• 0x0430894efd64349c078877e42f1c7c7b838cf108

The address containing lowercase letters is not checksummed. Mistyping a letter or

number in this address can result in the loss of ETH. On the other hand, the upper

case checksummed version of the address will detect typos and inform you of an

invalid address.

For this reason, MyEtherWallet warns you when your address is not checksummed.

Remember to double check the address to prevent any issues.

If you are sending ETH to one of your own wallets, you can save the checksummed

address via the "View Wallet Info" page and copy the address displayed there.

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November 2017

I am trying to unlock my wallet but it keeps freezing / hanging Sorry you are having trouble. Decrypting the keystore files is an intensive process

and takes longer in Javascript. We recommend:

1. Using Google Chrome.

2. Clicking "Continue" when you see the unresponsive error alert pop up.

3. Closing other intensive programs open (e.g., browser tabs, video games, etc.).

The combination of the above typically eliminates the problem. If it doesn't, please

contact us and include your browser and OS and we can advise from there.

Where can I get more help?

• Telegram: http://bit.ly/ColuLocalNetwork

• Support Email: [email protected]

http://bit.ly/ColuLocalNetwork

mailto:cln%40colu.com?subject=Colu

cln token sale - coluusing an exchange service such as: • shapeshift.io • changelly.com during...

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