2

I have setup ethereum server node and created one test network. started mining, ether is generating in eth.accounts[0]. i have follwoing questions.

  1. How multi accounts(eth.accounts[0], eth.accounts[1],...) will helpful?

  2. if i do any transaction by account, accounts should have ether. So one account is enough for one node.

  3. How make my customer do transaction through my node? should i create each account for them?

  4. if i create each account for my customer, then how can they get ether in their account? should transfer ether from coinbase accounts to other accounts?

  • 1
    Depending on your location if you manage funds on behalf of users you might be subject to more strict regulations (like KYC o AML). It is better if each user manage its own funds. – Ismael Aug 27 '18 at 20:18
  • @Ismael thanks for replay. "It is better if each user manage its own funds." Can you please explain detail? – Balakrishnan Aug 28 '18 at 10:11
  • 1
    Each user has to manage its own wallet. For example they can use a hardware wallet, an online wallet from an exchange, or an application like MyEtherWallet. – Ismael Aug 28 '18 at 16:36
  • Can you share any tutorial how to create online wallet and hardware wallet please? – Balakrishnan Aug 29 '18 at 13:14

Your Answer

By clicking “Post Your Answer”, you agree to our terms of service, privacy policy and cookie policy

Browse other questions tagged or ask your own question.