MMGen-Wallet-Quick-Start-with-Regtest-Mode

MMGen Wallet’s regtest mode, also known as Bob and Alice mode, uses the Bitcoin daemon’s regression test feature to create a virtual network of two users who transact on a private blockchain.

All of MMGen Wallet’s functionality is available in regtest mode, making it an ideal way to learn to use MMGen Wallet without risking real coins.

To send a transaction or perform any other operation as Bob or Alice, just add the --bob or --alice option to the applicable MMGen Wallet command.

This tutorial provides a quick, hands-on introduction.

Initialize regtest mode and start the regtest daemon:
```
$ mmgen-regtest setup
$ mmgen-regtest start
```

Generate Bob’s wallet:

$ mmgen-walletgen --bob
...
Make this wallet your default and move it to the data directory? (Y/n): y

Generate three type C (compressed) addresses with Bob’s wallet:

$ mmgen-addrgen --bob --type=compressed 1-3
...
Addresses written to file '1163DDF1-C[1-3].addrs'
# 1163DDF1 is Bob’s Seed ID; since it’s generated randomly, yours will be different

Import the addresses into Bob’s tracking wallet:
```
$ mmgen-addrimport --bob 1163DDF1-C[1-3].addrs
...
Type uppercase 'YES' to confirm: YES
```
Since your Bob has a different Seed ID, your address filename will of course be different than this one.

List the addresses in Bob’s tracking wallet. You’ll see the addresses you just imported:

$ mmgen-tool --bob listaddresses
MMGenID        ADDRESS                             COMMENT BALANCE
1163DDF1:C:1   mw42oJ94yRA6ZUNSzmMpjZDR74JNyvqzzZ     -      0
1163DDF1:C:2   n1oszhfAyRrHi7qJupyzaWXTcpMQGsGJEf     -      0
1163DDF1:C:3   mhYYHM7renPpNi8SUj5yeEZ54eAUJ5HyQ1     -      0

Note that regtest mode uses testnet-format addresses, which differ from the familiar mainnet addresses beginning with ’1’.

Fund one of the addresses (let’s choose the first one) with some BTC:
```
$ mmgen-regtest send mw42oJ94yRA6ZUNSzmMpjZDR74JNyvqzzZ 500
```
Don’t forget to substitute your C:1 address for the one above!

Make sure the funds reached their destination:

$ mmgen-tool --bob listaddresses
MMGenID        ADDRESS                             COMMENT BALANCE
1163DDF1:C:1   mw42oJ94yRA6ZUNSzmMpjZDR74JNyvqzzZ     -    500
1163DDF1:C:2   n1oszhfAyRrHi7qJupyzaWXTcpMQGsGJEf     -      0
1163DDF1:C:3   mhYYHM7renPpNi8SUj5yeEZ54eAUJ5HyQ1     -      0
TOTAL: 500 BTC

You can view Bob’s total balance this way too:
```
$ mmgen-tool --bob getbalance
```

Generate Alice’s wallet:

$ mmgen-walletgen --alice
...
Make this wallet your default and move it to the data directory? (Y/n): y

Generate three type S (segwit) addresses with Alice’s wallet:

$ mmgen-addrgen --alice --type=segwit 1-3
...
Addresses written to file '9304C211-S[1-3].addrs'

Repeat steps 4-7 for Alice by substituting --bob for --alice. Don’t forget to change the address filename and send address to suit. The result of step 7 will look something like this:

MMGenID        ADDRESS                             COMMENT BALANCE
9304C211:S:1   2N3HhxasbRvrJyHg72JNVCCPi9EUGrEbFnu    -    500
9304C211:S:2   2N8w8qTupvd9L9wLFbrn6UhdfF1gadDAmFD    -      0
9304C211:S:3   2NF4y3y4CEjQCcssjX2BDLHT88XHn8z53JS    -      0
TOTAL: 500 BTC

Split Alice’s funds, sending 200 BTC to address S:2 and the change to S:3. Specify a fee of 20 satoshis/byte and make the output quieter:
```
$ mmgen-txdo --alice --fee=20s --quiet 9304C211:S:2,300 9304C211:S:3
...
Type uppercase 'YES' to confirm: YES
Transaction sent: 78ca853816b55527b42ca8784c887a5f482c752522f914d2f17d6afcd8a3b076
```
Don’t forget to use your Alice’s Seed ID here, instead of 9304C211.

Note that for simplicity’s sake this tutorial uses the mmgen-txdo command to create, sign and send transactions in one operation. In normal, cold wallet mode, you’d create the transaction with mmgen-txcreate, sign it offline with mmgen-txsign and send it with mmgen-txsend. Use of these commands is explained in detail in the Getting Started guide.

View the transaction in the mempool:

$ mmgen-regtest mempool
['78ca853816b55527b42ca8784c887a5f482c752522f914d2f17d6afcd8a3b076']

Mine a block:
```
$ mmgen-regtest generate
```
Check the mempool again:
```
$ mmgen-regtest mempool
[]
```

List Alice’s addresses. Note that Alice has lost a bit to transaction fees:

$ mmgen-tool --alice listaddresses
MMGenID        ADDRESS                             COMMENT BALANCE
9304C211:S:1   2N3HhxasbRvrJyHg72JNVCCPi9EUGrEbFnu    -      0
9304C211:S:2   2N8w8qTupvd9L9wLFbrn6UhdfF1gadDAmFD    -    300
9304C211:S:3   2NF4y3y4CEjQCcssjX2BDLHT88XHn8z53JS    -    199.999967
TOTAL: 499.999967 BTC

Have Alice send 10 BTC to Bob’s C:2 address and the change back to her S:1 address. This time Alice specifies an absolute fee in BTC.
```
$ mmgen-txdo --alice --fee=0.0001 --quiet 9304C211:S:1 n1oszhfAyRrHi7qJupyzaWXTcpMQGsGJEf,10
...
Enter a range or space-separated list of outputs to spend: 1
...
```
Note that Alice is reusing address S:1 here, and address reuse is generally a bad idea. You’d be better off generating and importing some new addresses for Alice by repeating steps 3 and 4 with a different address range. I’ll leave that to you as an exercise.
Mine a block:
```
$ mmgen-regtest generate
```

List Alice’s addresses, omitting the empty ones:

$ mmgen-tool --alice listaddresses
MMGenID        ADDRESS                             COMMENT BALANCE
9304C211:S:1   2N3HhxasbRvrJyHg72JNVCCPi9EUGrEbFnu    -    189.999867
9304C211:S:2   2N8w8qTupvd9L9wLFbrn6UhdfF1gadDAmFD    -    300
TOTAL: 489.999867 BTC

List Bob’s addresses:

$ mmgen-tool --bob listaddresses
MMGenID        ADDRESS                             COMMENT BALANCE
1163DDF1:C:1   mw42oJ94yRA6ZUNSzmMpjZDR74JNyvqzzZ     -    500
1163DDF1:C:2   n1oszhfAyRrHi7qJupyzaWXTcpMQGsGJEf     -     10
TOTAL: 510 BTC

Add a label to Bob’s tracking wallet:

$ mmgen-tool --bob add_label 1163DDF1:C:2 'From Alice'

List Bob’s addresses:

$ mmgen-tool --bob listaddresses
MMGenID        ADDRESS                             COMMENT    BALANCE
1163DDF1:C:1   mw42oJ94yRA6ZUNSzmMpjZDR74JNyvqzzZ      -      500
1163DDF1:C:2   n1oszhfAyRrHi7qJupyzaWXTcpMQGsGJEf  From Alice  10
TOTAL: 510 BTC

When you’re finished, stop the regtest daemon:
```
$ mmgen-regtest stop
```