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README.md
@@ -27,8 +27,8 @@ Now initialize a iris-hub chain:
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iris node init $MYADDR --home=$HOME/.iris1 --chain-id=test
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```
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-This will create all the files necessary to run a single node chain in `$HOME/.iris1`:
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-a `config/priv_validator.json` file with the validators private key, and a `config/genesis.json` file
+This will create all the files necessary to run a single node chain in `$HOME/.iris1/config`:
+a `priv_validator.json` file with the validators private key, and a `genesis.json` file
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with the list of validators and accounts. In this case, we have one random validator,
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and `$MYADDR` is an independent account that has a bunch of coins.
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