Evgenij,
Thank you very much! The file .h2.server.properties did not exist, so I created it with only the following properties:
webAdminPassword=
webPort=
I can now log into the console and create local databases on my computer's hard disk; however, I am having trouble creating in-memory databases. I am trying to create an in-memory database by right-clicking the H2 Database Engine icon in the system try and selecting Create a new database.... For Database path, I input "~/testdb" and then input the password and password confirmation. I receive a confirmation that the database was created successfully:

When I input the database URL into the H2 Console, an error message is displayed:

If the in-memory database was created successfully, why is it that I cannot connect via the H2 Console?