How to create a new wallet

[omercakici]

Hi,

How to create a new wallet for each user?

[Marygka]

Hello @omercakici
Creating a new wallet for each user typically involves generating a unique pair of cryptographic keys (a public key and a private key) for them. Here's a step-by-step guide on how to do this:

1. Choose a Library: First, select a library that supports wallet creation. Popular options include ethers.js or web3.js for Ethereum-based wallets. These libraries provide functions to generate wallets easily.

2. Generate a New Wallet: Use the library to create a new wallet. Here’s an example using ethers.js:

   const { ethers } = require("ethers");
   
   // Generate a random wallet
   const wallet = ethers.Wallet.createRandom();
   
   console.log("Address:", wallet.address);
   console.log("Private Key:", wallet.privateKey);

3. Store the Wallet Securely: Once you generate the wallet, you need to store the private key securely. This is crucial because anyone with access to the private key can control the wallet. Consider using secure storage solutions, such as encrypted databases or hardware security modules.

4. Associate Wallets with Users: When a user registers or is created in your system, associate the generated wallet address with their user profile in your database. This way, you can easily retrieve the wallet for each user when needed.

5. Implement Backup and Recovery: Provide users with a way to back up their wallets. This could involve giving them a mnemonic phrase (seed phrase) that they can use to recover their wallet in case they lose access.

6. Test the Wallet Creation: Before deploying, test the wallet creation process thoroughly to ensure that each user gets a unique wallet and that the wallets function correctly.

By following these steps, you can create a new wallet for each user securely and efficiently.

[omercakici]

I got it. But PI network accounts start with G..... How can i encode from hex code (which generated by web3 or ethers lib.) to Pi network Account Address Format?