Ethereum Wallet Toolkit Guide

Ethereum Wallet Toolkit Guide

Python toolkit for Ethereum wallets: CLI tools + MCP servers for wallet generation, BIP39/BIP44 HD wallets, keystores, and typed data signing. Designed for offline use.

Core Features

Quick Start

pip install ethereum-wallet-toolkit

Wallet Generation

Create a New Wallet

ethereum-wallet create
# Output:
# Address: 0x742d35Cc6634C0532925a3b844Bc...
# Private Key: 0x4c0883a69102937d62...
# Mnemonic: abandon ability able about above...

From Mnemonic (BIP39)

from ethereum_wallet_toolkit import Wallet

wallet = Wallet.from_mnemonic(
    "abandon ability able about above absent absorb abstract absurd abuse access accident"
)
print(wallet.address)  # 0x...
print(wallet.private_key)  # 0x...

HD Wallet Derivation (BIP44)

from ethereum_wallet_toolkit import HDWallet

hd = HDWallet.from_mnemonic("your 12 words here")

# Derive multiple addresses
for i in range(5):
    child = hd.derive(f"m/44'/60'/0'/0/{i}")
    print(f"Address {i}: {child.address}")

Standard Ethereum derivation path: m/44'/60'/0'/0/index

Keystores (Web3 Secret Storage V3)

Create Keystore

from ethereum_wallet_toolkit import Keystore

# Encrypt private key with password
keystore = Keystore.encrypt(
    private_key="0x4c0883a69102937d...",
    password="my-strong-password"
)

# Save to file
keystore.save("./my-keystore.json")

Decrypt Keystore

wallet = Keystore.decrypt("./my-keystore.json", "my-strong-password")
print(wallet.private_key)

EIP-712 Typed Data Signing

from ethereum_wallet_toolkit import sign_typed_data

# Sign EIP-712 structured data (used by Permit, x402, etc.)
signature = sign_typed_data(
    private_key="0x...",
    domain={
        "name": "Sperax USDs",
        "version": "1",
        "chainId": 42161,
        "verifyingContract": "0xD74f5255D557944cf7Dd0E45FF521520002D5748"
    },
    types={
        "Transfer": [
            {"name": "from", "type": "address"},
            {"name": "to", "type": "address"},
            {"name": "value", "type": "uint256"}
        ]
    },
    message={
        "from": "0xSender",
        "to": "0xRecipient",
        "value": 1000000
    }
)

Vanity Address Generation

# Find address starting with 0xdead
ethereum-wallet vanity --prefix dead --threads 8

# Find address ending with 1234
ethereum-wallet vanity --suffix 1234 --threads 8

Uses multi-threaded search across all CPU cores for fast generation.

Offline HTML Tool

The toolkit includes offline1.html — a single-file, fully offline wallet tool:

• Generate wallets
• Sign transactions
• Create keystores
• No network connection required
• Built with official @ethereumjs libraries

MCP Server

{
  "mcpServers": {
    "eth-wallet": {
      "command": "ethereum-wallet-toolkit",
      "args": ["mcp"]
    }
  }
}

MCP Tools

• createWallet — Generate new wallet
• fromMnemonic — Restore from seed phrase
• deriveChild — HD wallet derivation
• signTypedData — EIP-712 signing
• createKeystore — Encrypt to keystore
• decryptKeystore — Decrypt keystore

Security Best Practices

1. Always generate keys offline — air-gapped machine preferred
2. Never share private keys or mnemonics with anyone including AI agents
3. Use keystores for storing keys on disk (password-encrypted)
4. Backup mnemonics on physical media (metal plate, paper in safe)
5. Test with small amounts before large transfers

Links

• GitHub: https://github.com/nirholas/ethereum-wallet-toolkit
• BIP39 Spec: https://github.com/bitcoin/bips/blob/master/bip-0039.mediawiki
• EIP-712: https://eips.ethereum.org/EIPS/eip-712
• Sperax (DeFi on Arbitrum): https://app.sperax.io