The Wallet can sign transactions and messages using a private key as a standard Externally Owned Account .
Generate a new Wallet with a random private key, generated from cryptographically secure entropy sources. If the current environment does not have a secure entropy source, an error is thrown.
An Ethereum account has an Ethereum address, like an inbox has an email address. You can use this to send funds to an account.
The mnemonic phrases are used to generate a private key. Most modern cryptocurrency wallets implement .
The private key is a secret number that allows Ethereum users to prove ownership of an account or contracts, by producing a digital signature.
Don't share your mnemonic or private key!