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Portfae Ethereum with BIP Utils: Step by step guide
Entry
BIP Utils is a Python package that provides a set of functions for generating and managing the Ethereum portfolio. In this article, we will examine how to use the « bip_utils » package to create and manage the new Ethereum portfolio.
Libraries required
Before you start using « bip_utils », you need to install the following libraries:
Py Patlets Ethereum: Python package for interaction with the Ethereum wallet.
- Hashlib
: Built -in Library of Mixing and Cryptography Operations in Python.
- Secrets
: a built -in library that provides a safe way to generate random numbers.
Installation of the required libraries
You can install these libraries using PIP:
Bash
PIP Install the secrets of the portfolio Pyethereum Wallet
Creating a new wallet
To create a new Ethereum wallet, you need to use the following functions from « BIP_UTILS »:
Bp39mnemonicgeerator (): generates a random mnemonic phrase.
Bpp39seedgenerator (): generates a seed phrase.
BIP44: Bitcoin public key type.
Here is an example fragment of the code that shows how to create a new wallet:
`Python
with bip_utils import bpp39mnemonicgeerator, bpp39seedgenerator, bip44
Generate a random mnemonic phrase
mnemonic = bpp39mnemonicGenerator ()
Create a phrase of seeds with a mnemonic phrase
seded_phrase = bpp39seedgenerator (mnemonic). Seed_phrase
Transform the phrase of seeds into a Bitcoin public key type (SECP256K1)
public_key = bip44 (toed_phrase, none)
Print ("portfolio name:", mnemonic.to_wallet_name ())
print ("seed phrase:", seed_phrase.to_wallet_name ())
Print ("Public Key:", public_key.to_wallet_name ())
This code generates a random mnemonic phrase using bpp39mnemonicgenerator (), creates a phrase of seeds from a mnemonic phrase using BP39Seedgenerator () and transforms the seed phrase into a Bitcoin public key type (SECP256K1) using « BIP44 ().
portfolio management
To manage your portfolio, you can use the following functions from bip_utils:
Get_Mnemonic (): Returns the current mnemonic phrase.
Get_Seed_PHRASE (): Returns the current seed phrase.
SIGN_Message (): signs a message using a private key associated with the portfolio.
Here is an example fragment of the code that shows how to manage your portfolio:
`Python
with bip_utils import bpp39mnemonicgeerator, bpp39seedgenerator, bip44
Get the current mnemonic phrase
mnemonic = bpp39mnemonicGenerator ()
Create a phrase of seeds with a mnemonic phrase
seded_phrase = bpp39seedgenerator (mnemonic). Seed_phrase
Sign a message using a private key related to the portfolio
Message = "Hello, World!"
private_key = bip44 (toded_phrase, none)
sign_message (private_key, message)
Print ("Mnemonic phrase:", mnemonic.to_wallet_name ())
print ("seed phrase:", seed_phrase.to_wallet_name ())
This code receives a current mnemonic phrase using bp39mnemonicgenerator (), creates a seed phrase with a mnemonic phrase using BP39Seedgeeelorator (), signs a message using a private key associated with the portfolio (using" Sign_Message () "and functions and functions) and functions ) and function) and function) and function) and function) and print the signature.
Application
In this article, we showed how to use the "BIP_utils" package to create and manage the new Ethereum portfolio. We discussed the required libraries (Py Paglets Ethereum iHashlib '), we created a new wallet using "BP39MNEMONICGEERATOR (), they created a phrase of seeds with a mnemonic phrase using bpp39seedgenerator ()', transformed the seed phrase into a bitcoin phrase on Bitcoin. (SECP256K1) UsingBIP44 (), managed the portfolio using theGet_MNOMONIC (), Get_SEED_PHRASE ())iSIGN_MESSAGE ().