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To use the Parallax network, you need an account. Accounts are how you hold Parallax coins, send and receive transactions, and interact with the blockchain. This guide explains what accounts are, how they work, and how to create one safely.

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What is an Account?

A Parallax account has two important parts:
  • Public Address → This is your “bank account number.”
    • Example: 0x1234...abcd
    • Safe to share with others so they can send you Laxes.
  • Private Key → This is your secret password.
    • Example: 0xabcdef1234567890...
    • Must never be shared with anyone. Whoever has it controls your funds.
Together, the address and private key let you prove ownership of your coins.

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How to Create an Account

There are several ways to create a Parallax account:
1

Using MetaMask (recommended)

The easiest way is through MetaMask.
  • When you install MetaMask, it generates a wallet with one or more addresses.
  • MetaMask secures your keys behind a seed phrase (12 words).
  • Write down your seed phrase and keep it offline in a safe place.
2

Using the Parallax client

You can also create an account directly with the Parallax client:
./prlx account new
You’ll be asked to set a password.
The account file (keystore) will be saved in your data directory:
  • Windows: %LOCALAPPDATA%\Parallax\keystore
  • macOS: ~/Library/Parallax/keystore
  • Linux: ~/.parallax/keystore
⚠️ Important: Always back up your keystore file and password securely.
3

Using parallaxkey (advanced)

Advanced users can use the parallaxkey utility included in the release package to generate keys manually. This is usually not necessary for beginners.

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Sending & Receiving Laxes

  • To receive LAX, share your public address with the sender.
  • To send LAX, use MetaMask or the client to sign a transaction with your private key.
All transactions are recorded permanently on the blockchain and can be viewed in the Parallax Explorer.

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Security Best Practices

  • Never share your private key or seed phrase with anyone.
  • Back up your keys in multiple safe places (preferably offline).
  • Use a strong password when creating accounts with the client.
  • Consider a hardware wallet in the future for added security (support coming soon).
✨ You now know the basics of accounts and addresses in Parallax! Next, try Sending and Receiving LAX to make your first transaction.
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