dcrlncli create - Initialize a wallet when starting dcrlnd for the first time.
dcrlncli create [command options] [arguments...]
The create command is used to initialize an dcrlnd wallet from scratch for the very first time. This is an interactive command with one required argument (the password), and one optional argument (the mnemonic passphrase).
The first argument (the password) is required and MUST be greater than 8 characters. This will be used to encrypt the wallet within dcrlnd. This MUST be remembered as it will be required to fully start up the daemon.
The second argument is an optional 24-word mnemonic derived from BIP 39. If provided, then the internal wallet will use the seed derived from this mnemonic to generate all keys.
This command returns a 24-word seed in the scenario that NO mnemonic was provided by the user. This should be written down as it can be used to potentially recover all on-chain funds, and most off-chain funds as well.
Finally, it’s also possible to use this command and a set of static channel backups to trigger a recover attempt for the provided Static Channel Backups. Only one of the three parameters will be accepted. See the restorechanbackup command for further details w.r.t the format accepted.
||A hex encoded single channel backup obtained from exportchanbackup|
||A hex encoded multi-channel backup obtained from exportchanbackup|
||The path to a multi-channel back up file|