Many times users have Private Key and they want to generate Ethereum compatible password protected wallet from that key. Here is a small utility program for Ethereum Blockchain in NodeJS that would help user to generate Ethereum compatible password protected wallet starting just with Private Key.
Web3 [https://web3js.readthedocs.io/en/1.0/web3-eth-subscribe.html] provides some very useful APIs [https://github.com/ethereum/wiki/wiki/JavaScript-API] by which you can subscribe to the events on Ethereum blockchain. Web3 is a JavaScript library which interact with Ethereum node over RPC. Let's walk through
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