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Create a New Wallet

warning

tl;dr IFF you know what you're doing.

# Add a new wallet
poktrolld keys add $USER
# Retrieve the address
poktrolld keys show $USER -a

Use the address and go to the Beta TestNet Faucet to fund your account.

This guide will walk you through creating a new wallet on the Pocket Network.

Security Notice

ALWAYS back up your key and/or mnemonic. Store it in a secure location accessible only to you, such as a password manager, or written down in a safe place. Under your 🛏️ does not count!

What is a keyring backend?​

Before proceeding, it's critical to understand the implications of keyring backends for securing your wallet.

By default, --keyring-backend=test is used for demonstration purposes in this documentation, suitable for initial testing.

In production, operators should consider using a more secure keyring backend such as os, file, or kwallet. For more information on keyring backends, refer to the Cosmos SDK Keyring documentation.

Step 1: Install poktrolld​

Ensure you have poktrolld installed on your system.

Follow the installation guide specific to your operating system.

Step 2: Creating the Wallet​

To create a new wallet, use the poktrolld keys add command followed by your desired wallet name. This will generate a new address and mnemonic phrase for your wallet.

poktrolld keys add <insert-your-desired-wallet-name-here>

After running the command, you'll receive an output similar to the following:

- address: pokt1beef420
  name: myNewWallet
  pubkey: '{"@type":"/cosmos.crypto.secp256k1.PubKey","key":"A31T7iUyr6SwT5Wyy3BNgRqlObq3FqYpW4cTAkfE+6c2"}'
  type: local


**Important** write this mnemonic phrase in a safe place.
It is the only way to recover your account if you ever forget your password.

your seed mnemonic phase here

Step 3: Backing Up Your Wallet​

After creating your wallet, YOU MUST back up your mnemonic phrase. This phrase is the key to your wallet, and losing it means losing access to your funds.

Here are some tips for securely backing up your mnemonic phrase:

  • Write it down on paper and store it in multiple secure locations.
  • Consider using a password manager to store it digitally, ensuring the service is reputable and secure.
  • Avoid storing it in plaintext on your computer or online services prone to hacking.

Congratulations! You have successfully created a new wallet on Pocket Network.