- What is the process for creating account? (I know I can
geth account new, but what is the internal process actually being done?)
- Where does the entropy for randomness come from when creating an account? (What would be the seed?)
- Where is the newly created account(or balance) stored in Ethereum blockchain?
- Why does it seem to be free(of charge)(you can easily create one through MetaMask or MyEtherWallet) to create an account while it's intuitively deemed to cost gas just like deploying smart contract since it's writing something onto the blockchain?
Think it should be me misunderstanding something. Any hints would be appreciated.