The generation of a new Ethereum address is super simple, just use
geth
and personally create your new address.
And for those of you, which do not have “geth” command or even do not know what is this, check out our howtos here:
- Install Ubuntu 16 LTS (comming soon)
- Building from source an Ethereum node under Ubuntu 16 LTS
Go to your directory where is the geth binary and execute the following command:
cd ~/go-ethereum/build/bin ./geth account new
Then enter a password for your private key!
INFO [03-01|11:30:03] Maximum peer count ETH=25 LES=0 total=25
Your new account is locked with a password. Please give a password. Do not forget this password.
Passphrase:
Repeat passphrase:
Address: {30d8810bb1a74e808b46788b2316bd93cf056517}
This sequence of numbers and alphabets
30d8810bb1a74e808b46788b2316bd93cf056517
is your public Ethereum address, which could be used to receive Ethers – the coins of the Ethereum network.
After generating the address two things must be done:
- Backup your Ethereum wallet address file, which is placed in your home directory under “.ethereum”:
srv@local:~/go-ethereum/build/bin$ ls -altr ~/.ethereum/keystore/ total 12 -rw------- 1 ubuntu ubuntu 491 Mar 1 11:30 UTC--2018-03-01T11-30-28.991719650Z--30d8810bb1a74e808b46788b2316bd93cf056517 drwx------ 2 ubuntu ubuntu 4096 Mar 1 11:30 . drwx------ 4 ubuntu ubuntu 4096 Mar 1 13:05 .. srv@local:~/go-ethereum/build/bin$
- Backup your password for the private key!
* It is absolutely necessary your crypto wallet addresses to have a password for security reasons and DO NOT FORGET IT you cannot recover the password therefore your access to the wallet! If you lose your password you lose ALL your funds in the address! It’s better to write it down somewhere on a safe physical place.