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.
Before we get deeper into the concept of Ethereum Blockchain, it is important to understand how Public Key, Private Key and Address are generated. To make this easier for beginners, I am trying to explain the technical concept with an example. Ethereum key generation is based on elliptical curve ecp256k1.
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