ethereumjs/keythereum

Is it possible with this library create a new address with password as input parameter?

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We can create a new account in geth console like this:

personal.newAccount("my-password")

Is it possible to do the same thing with this library without geth/parity?

Silur commented

There is no way currently, and it should't be possible in geth either.
Killing entropy behind private keys is like wandering around with a half-open wallet