doc: update README.md
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README.md
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README.md
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# lbcwallet
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# lbcwallet
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lbcwallet is a daemon, which provides lbry wallet functionality for a
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lbcwallet implements HD Wallet functionality which conforms to
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single user.
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[BIP0032](https://github.com/bitcoin/bips/blob/master/bip-0032.mediawiki),
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[BIP0043](https://github.com/bitcoin/bips/blob/master/bip-0043.mediawiki),
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Public and private keys are derived using the hierarchical
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and [BIP0044](https://github.com/bitcoin/bips/blob/master/bip-0044.mediawiki).
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deterministic format described by
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[BIP0032](https://github.com/bitcoin/bips/blob/master/bip-0032.mediawiki).
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Unencrypted private keys are not supported and are never written to disk.
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lbcwallet uses the `m/44'/<coin type>'/<account>'/<branch>/<address index>`
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HD path for all derived addresses, as described by
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[BIP0044](https://github.com/bitcoin/bips/blob/master/bip-0044.mediawiki).
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Due to the sensitive nature of public data in a BIP0032 wallet,
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lbcwallet provides the option of encrypting not just private keys, but
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public data as well. This is intended to thwart privacy risks where a
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wallet file is compromised without exposing all current and future
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addresses (public keys) managed by the wallet. While access to this
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information would not allow an attacker to spend or steal coins, it
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does mean they could track all transactions involving your addresses
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and therefore know your exact balance. In a future release, public data
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encryption will extend to transactions as well.
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The JSON-RPC server exists to ease the migration of wallet applications
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from Core, but complete compatibility is not guaranteed. Some portions of
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the API (and especially accounts) have to work differently due to other
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design decisions (mostly due to BIP0044). However, if you find a
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compatibility issue and feel that it could be reasonably supported, please
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report an issue. This server is enabled by default.
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## Security
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## Security
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We take security seriously. Please contact [security](mailto:security@lbry.com) regarding any security issues.
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We take security seriously. Please contact [security](mailto:security@lbry.com) regarding any security issues.
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Our PGP key is [here](https://lbry.com/faq/pgp-key) if you need it.
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Our PGP key is [here](https://lbry.com/faq/pgp-key) if you need it.
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## Requirements
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## Build from Source Code
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- [Go](http://golang.org) 1.16 or newer.
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Requires [Go](http://golang.org) 1.19 or newer. Install Go according to its [installation instructions](http://golang.org/doc/install).
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- `lbcwallet` is not an SPV client and requires connecting to a local or remote
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`lbcd` for asynchronous blockchain queries and notifications over websockets.
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Full installation instructions can be found [here](https://github.com/lbryio/lbcd).
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## To Build lbcwallet, lbcd, and lbcctl from Source
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Install Go according to its [installation instructions](http://golang.org/doc/install).
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Build `lbcwallet`
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``` sh
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``` sh
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git clone https://github.com/lbryio/lbcwallet
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git clone https://github.com/lbryio/lbcwallet
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@ -55,112 +20,62 @@ cd lbcwallet
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go build .
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go build .
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```
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```
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To make the quick start guide self-contained, here's how we can build the `lbcd` and `lbcctl`
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## **lbcd** & **lbcwallet**
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``` sh
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`lbcwallet` is not an SPV client and requires connecting to a `lbcd` node for asynchronous blockchain queries and notifications over websockets.
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git clone https://github.com/lbryio/lbcd
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cd lbcd
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# build lbcd
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lbcwallet can serve wallet related RPCs and proxy lbcd RPCs to the assocated lbcd. It's sufficient for a user to connect just the **lbcwallet** instead of both.
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go build .
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# build lbcctl
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``` mermaid
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go build ./cmd/lbcctl
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sequenceDiagram
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actor C as lbcctl
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participant W as lbcwallet (port: 9244)
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participant D as lbcd (port: 9245)
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rect rgb(200,200,200)
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Note over C,W: lbcctl --wallet balance
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C ->>+ W: getbalance
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W -->>- C: response
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end
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rect rgb(200,200,200)
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Note over C,D: lbcctl --wallet getblockcount (lbcd RPC service proxied by lbcwallet)
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C ->>+ W: getblockcount
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W ->>+ D: getblockcount
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D -->>- W: response
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W -->>- C: response
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end
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```
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```
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## Getting Started
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## Getting Started
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The first time running the `lbcwallet` we need to create a new wallet.
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Create a new wallet with a randomly generated seed or an existing one.
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``` sh
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``` sh
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./lbcwallet --create
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lbcwallet --create
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Do you have an existing wallet seed you want to use? (n/no/y/yes) [no]: no
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Your wallet generation seed is: 3d005498ad5e9b7439b857249e328ec34e21845b7d1a7d2a5641d4050c02d0da
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```
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```
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Start a local instance of `lbcd` and have the `lbcwallet` connecting to it.
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The created wallet protects the seed with a default passphrase (`"passphrase"`), which can be override with `-p` option:
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``` sh
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``` sh
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# Start a lbcd with its RPC credentials
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lbcwallet --create -p my-passphrase
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./lbcd --txindex --rpcuser=rpcuser --rpcpass=rpcpass
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# Start a lbcwallet with its RPC credentials along with the lbcd's RPC credentials
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# The default lbcd instance to conect to is already localhost:9245 so we don't need to specify it explicitly here.
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./lbcwallet --rpcuser=rpcuser --rpcpass=rpcpass # --rpcconnect=localhost:9245
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#
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# rpcuser/rpcpass rpcuser/rpcpass
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# lbcctl <-------------------> lbcwallet <--------------------> lbcd
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# RPC port 9244 RPC port 9245
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#
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```
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```
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Start wallet server, and connect it to a lbcd instance.
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``` sh
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``` sh
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./lbcd --txindex --rpcuser=rpcuser --rpcpass=rpcpass
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lbcwallet --rpcuser=rpcuser --rpcpass=rpcpass # --rpcconnect=localhost:9245
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./lbcwallet --rpcuser=rpcuser --rpcpass=rpcpass
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#
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# rpcuser/rpcpass rpcuser/rpcpass
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# lbcctl <-------------------> lbcwallet <--------------------> lbcd
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# RPC port 9244 RPC port 9245
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#
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```
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```
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Note:
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At startup, the wallet will try to unlock itself with the default passphrase (`passphrase`) or an user provided one (using `-p` option).
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- `lbcd` and `lbcwallet` implements two disjoint sets of RPCs.
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If the passphrase does not match, the wallet remains locked. User can lock/unlock the wallet using `walletlock` and `walletpassphrase` RPCs.
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- `lbcd` serves RPC on port 9245 while `lbcwallet` on port 9244.
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- `lbcwallet` can proxy non-wallet RPCs to its associated `lbcd`.
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Examples of using `lbcctl` to interact with the setup via RPCs:
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1. Calling non-wallet RPC directly on lbcd:
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``` sh
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./lbcctl --rpcuser=rpcuser --rpcpass=rpcpass getblockcount
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#
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# lbcctl <-- getblockcount() --> lbcd
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# RPC port 9245 (handled)
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#
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```
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2. Calling wallet RPC on lbcwallet (using `--wallet`)
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``` sh
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./lbcctl --rpcuser=rpcuser --rpcpass=rpcpass --wallet getbalance
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#
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# lbcctl <-- getbalance() --> lbcwallet
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# RPC port 9244 (handled)
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#
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```
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3. Calling non-wallet RPC on lbcwallet, which proxies it to lbcd:
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``` sh
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./lbcctl --rpcuser=rpcuser --rpcpass=rpcpass --wallet getblockcount
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#
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# lbcctl <-- getblockcount() --> lbcwallet <-- getblockcount() --> lbcd
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# RPC port 9244 (proxied) RPC port 9245
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#
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```
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## Default Network and RPC Ports
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| Instance | mainnet | testet | regtest |
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| ------------- | ------- | ------ | ------- |
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| lbcd Network | 9246 | 19246 | 29246 |
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| lbcd RPC | 9245 | 19245 | 29245 |
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| lbcwallet RPC | 9244 | 19244 | 29244 |
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Examples
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``` sh
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``` sh
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./lbcctl getblockcount # port 9245
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lbcwallet --rpcuser=rpcuser --rpcpass=rpcpass -p my_passphrase
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./lbcctl --wallet getblockcount # port 9244
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./lbcctl --testnet getblockcount # port 19245
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./lbcctl --wallet --regtest getblockcount # port 29244
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```
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```
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## Contributing
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## Contributing
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