How Wallets Work
Visual demonstration of how accounts are generated and used to sign transactions.
Generate a public/private keypair
Create a private/public key pair on the secp256k1 elliptic curve.
| # | Step | Value |
|---|---|---|
| 1 | Generate 128 random bits using CSPRNG | |
| 2 | Generate a mnemonic seed phrase using the entropy (128 bits) | |
| 3 | Convert mnemonic seed phrase into a binary seed | |
| 4 | Derive a private key from the seed phrase | |
| 5 | Derive the public key using ECC and format it to an Ethereum address |