Creating a wallet

This guide explains how you can create a MilkyWay wallet and generate your milk account address. Please note that in the future more user-friendly ways might come, but for the time being this is the only way to safely create a wallet.

Download the milkywayd binary file

First thing you have to do is get your milkywayd binary file. You can do so by either downloading pre-compiled binaries from our GitHub repository, or compile it yourself following the instructions inside the same repository.

Generate a wallet

Now that you have your milkywayd binary file, you can generate a wallet. To do so, you will have to choose a key name:

milkywayd keys add <Key name>

This will return:

• The address of your newly generated wallet

• The recovery phrase (mnemonic) of that wallet

Make sure you write down your recovery phrase on a safe place. This is the only way you will have to recover the wallet if you ever lose access to it.

Once generated, the wallet will be securely stored in your machine protected by the passphrase you have chosen while creating it.