The Monero wallet is used to store your Monero in the most secure way and this is what you will be using to check your Monero balance and also send/receive Monero. A Monero Daemon will communicate with the network in order to notify you of new transactions.
It’s important to remember that if you are booting to a Pendrive or Live CD, you will not have any hard drive storage available. You’ll have to own at least 16GB of RAM available for storage of the blockchain. This requirement will only apply to Pendrive or LiveCD installations are not also to the majority of people who have regularly installed OSs.
Download the Linux 64-bit command line client and extract it:
tar jxvf linux64
Download the Mac command line client and extract it:
tar jxvf mac64
Now, you have to create a new folder with Windows File Explorer, and download this file to the new folder:
Double click the Monero zip file that was downloaded on your system in order to extract it.
Now open Command Prompt and the ‘cd’ command to navigate to your new folder:
Running the Monero Daemon
The Monero daemon will sync with the network and display the message “You are now synchronized with the network. You may now start monero-wallet-cli” when it is completely updated with the network.
For Linux and Mac:
The Monero Daemon will monitor the network for new transactions.
You will have to open a new terminal window and run the Monero command line wallet, which will communicate with the Monero Daemon that you’ve just started.
For Mac and Linux:
You will have to follow the instructions that are displayed in order to create a new wallet. When you are told the 25-word seed, you will have to write it down and keep it as safe as possible. If you ever forget the passwords, this 25-word seed will be used to recreate your wallet from any machine and have complete control over your Monero funds.
After creating the Monero wallet, you will be able to send and receive money.