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Tag: ethereum wallet address

Generate a new Ethereum address (wallet)

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:

  1. Install Ubuntu 16 LTS (comming soon)
  2. 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:

  1. 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$
    
  2. 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.

Author neoXPosted on March 1, 2018March 1, 2018Categories Linux, walletTags ether, ethereum, ethereum address, ethereum wallet address, geth, geth account new, walletLeave a comment on Generate a new Ethereum address (wallet)

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