Let's begin with creating a new IoTeX account: similarly to any blockchain wallet app where you can create a new wallet, this operation consists of generating a random IoTeX private key and storing it in an encrypted file, protected by a password of your choice. It also allows you to set an alias for the newly created account (we will use the alias dev-acc in the following sections) which can be used instead of the account address in subsequent ioctl commands:
Create and save an IoTeX account with:
ioctl account createadd dev-acc
ioctl will ask you to provide a password that will be used to encrypt your newly created account private key. From now on when using ioctl commands you can refer to this account by using the alias dev-acc and the password of your choice.