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Ethereum Wallet Vs Myetherwallet

A Fake Ethereum Wallet Lurks In Apple's App Store

A Fake Ethereum Wallet Lurks In Apple's App Store

A fake version of popular wallet for cryptocurrency Ethereum, MyEtherWallet, is currently being sold in Apple's App Store. The app is created by a developer called Nam Le, with no ties to the makers of the original MyEtherWallet , which currently exists only as a browser app. SEE ALSO: Bitcoin's little brother Ethereum is at an all-time high On Sunday, MyEtherWallet confirmed on Twitter that they're not the makers of the app. TechCrunch first reported the news on Monday. This is NOT US. We have file reports and emailed and reported. Would appreciate the communities assistance in getting these scamtards out of our lives. The tweet also notes that MEW (commonly used acronym for MyEtherWallet) is "Foss4lyfe," implying the company does not endorse profiting from free and open-source software (FOSS). MyEtherWallet is free to use, while the fake MyEtherWallet is being sold for $4.99. This is not an official MyEtherWallet app. A wallet is a key element of most cryptocurrencies. It's a piece of software that lets you store, receive, and send your cryptocoins, and it's very important that it comes from a trusted entity. It's unclear whether the fake MEW app is an actual Ethereum wallet that's trying to bring in some traffic from the MEW name, or something far more nefarious. At worst, it could be stealing users' private keys and their money, and using it in any way is definitely not recommended. A fake MEW wallet on Apple's App Store is a big deal. Good cryptocurrency wallets for iOS are few and far between, and MEW is one of the most popular wallets around; an inexperienced cryptocurrency user could easily install it thinking it's the real thing. Scams in the world of cryptocurrencies are common. In fact, just visiting MEW's home page will launch a detailed tutorial on how to Continue reading >>

Understanding Different Ethereum Wallets: A Guide For Beginning Users

Understanding Different Ethereum Wallets: A Guide For Beginning Users

We are writing this guide with hopes that it helps new users: Learn which wallets may be best for the style of crypto management or storage you wish to engage in Participate in token sales safely and with confidence Ahead of our first public token pre-sale occurring on October 3rd at UTC 14:00 we encourage you to read through this guide if needed, and forward to anyone else you feel could use it. To participate in the Ethereum platform, including token sales, you require an address or wallet that can issue Ethereum transactions as well as can store ERC20 tokens . If your wallet does not support ENS, use the ETH address provided on the website. If you are unsure of the address, use etherscan.io to lookup the ENS and match/validate the address provided. As a followup to our Security Guidelines blog post, this quick post will go into how to use resources to ensure ENS is correct, and maps to the intended contract. First off, ENS offers a secure and decentralised way to address resources both on and off the blockchain using simple, human-readable names, for more information read up on Ethereum Name Service . Etherscan.io has an ENS lookup feature. The ENS Lookup Tool is under the MISC menu, or you can type the ENS address in the search bar. The following is a screenshot using MyEtherWallets ENS address (This is not Aions ENS, do not send Eth to mewtopia.eth unless you want to donate to MyEtherWallet). Etherscan will return a page related to all activity about that ENS address. Specifically, note the top section displaying The ENS Ethereum Address for this name is 0x7cb57b5a97eabe94205c07890be4c1ad31e486a8 Also accessible at mewtopia.eth Clicking on the Ethereum Address or the ENS link will bring up the Etherscan page related to the address. (Again, this is not Aions ENS, d Continue reading >>

Wallet Wars? Myetherwallet Developer Goes Solo To Launch Mycrypto

Wallet Wars? Myetherwallet Developer Goes Solo To Launch Mycrypto

Wallet Wars? MyEtherWallet Developer Goes Solo To Launch MyCrypto MyEtherWallet developer Taylor Monahan has unexpectedly and controversially announced a new competitor project, MyCrypto. Popular Ethereum wallet interface MyEtherWallet (MEW) has released a unexpected alternative product , MyCrypto.com , one of MEWs original developers announced in a blog post Feb. 9. MEW has become one of the most popular Ethereum and ERC20 token storage management tools over the past year, and will continue to exist along with a new project, which has an almost identical interface. In the blog post, one of MEWs original developers Taylor Monahan gave a brief history of the project and the impetus behind her creating MyCrypto, while remaining silent on relations between herself and her fellow co-developer of MEW, known as Kvhnuke. MyEtherWallet LLC was sufficient for the early stages of growth. MyCrypto is designed with next-level scaling in mind from the beginning, Monahan explained in the post, adding she had spent nine months assembling a team to oversee all operations. She also added: Kvhnuke remains in control of the MEW github repository, the MEW domain, the AWS instances, and the MyEtherWallet social media accounts. MEWs structure has allowed it to avoid the common pitfalls true wallet providers have struggled with increasingly as cryptocurrency has gained value and an influx of new users. Ostensibly designed to serve even more users via a similar setup, MyCrypto will enter public beta testing in the near future, Monahan nonetheless stating she was terrified about the road ahead. She continued: I was terrified am terrified at the potential harm this change will have on myself, the team, and/or the Ethereum community but ultimately, the risks created by continuing down the road w Continue reading >>

Exploring Myetherwallets Strange Transition To Mycrypto

Exploring Myetherwallets Strange Transition To Mycrypto

Yesterday, something weird happened with the popular Ethereum wallet, MyEtherWallet (MEW). Without notice, MyEtherWallet changed its name to MyCrypto . MyEtherWallet is a free, open-source interface for generating Ethereum wallets. After further investigation, it seems that MyCrypto essentially forked from MyEtherWallet. MEW is still available and in control by its other co-founder Kvhnuke, one of the two founders of MEW. However, the transition and announcement was strange to say the least, leading many to speculate about the possibility of a potential hack. I don't know enough about the MyCrypto / MyEtherWallet situation to comment and I don't want to spread FUD but there is clearly something going on. 1. No company abruptly rebrands overnight without any announcement 2. People are still able to use MyEtherWallet, something's weird Joseph Young (@iamjosephyoung) February 9, 2018 Taylor Monahan is one of the co-founders of MyEtherWallet and the new founder of MyCrypto. MyCrypto is the birthchild of Taylor Monaham , one of the co-founders of MEW and a highly respected person in the crypto-space. The public announcement of MyCrypto was abrupt and without any prior notification, it was very alarming to many MEW users. But once she released her Medium response , it started to make a bit of sense. Although the way in which MyCrypto was announced may have been confusing for the community, Taylor is only human and trying to make a product that can work for the betterment of the Ethereum community. I was terrified amterrified at the potential harm this change will have on myself, the team, and/or the Ethereum community but ultimately, the risks created by continuing down the road we were on are greater than the risks of splitting to a new brand, new company, new name, and new Continue reading >>

Using Myetherwallet For Cold Storage

Using Myetherwallet For Cold Storage

Unzip it and double-click index.html. This should open MyEtherWallet in your browser. Note: do not move files around in this folder. You need the entire folder for it to work correctly. Enter a strong but easy to remember password. Do not forget it. This encrypts (protects) your private key. It does not generate your private key. This password alone will not be enough to access your Ether. Download your Keystore / UTC file & save this file to a USB drive. This is the encrypted version of your private key. You need the password to access it. It is safer than your unencrypted private key but you must have your password to access it in the future. Read the warning. If you understand it, click the "I understand. Continue" button. Print your paper wallet backup and/or carefully hand-write the private key on a piece of paper. If you are writing it, it is recommend you write it 2 or 3 times. This decreases the chance your messy handwriting will prevent you from accessing your wallet later. Copy & paste your address into a text document somewhere. Get it to your primary, online computer. Use the QR code or a different USB drive. It is best if you do not hand-write it Search your address on . Bookmark this page. This is how you will view your balance at any time Send a small amount of Ether (0.0001 ETH) from an exchange or another wallet to your new offline wallet. On your offline device, unlock your wallet from the Keystore / UTC file on your USB drive or via the private key that you printed out. Ensure it unlocks the wallet you are sent to and matches the bookmark you have. Do not simply leave your new wallet open. Pretend you are coming back a year later to access your riches. Can you do it? Send a small amount of Ether (0.00001 ETH) from this new wallet to another address. Continue reading >>

Myetherwallet Review

Myetherwallet Review

MyEtherWallet Review | Features and Public Opinion MyEtherWallet is primarily an Ethereum and token wallet generator. The website offers an open-source Ethereum wallet that allows users to interact with the Ethereum blockchain directly from a web browser. You can enable the wallet directly via computer hard disks or a hardware wallets for extra security. In this MyEthereumWallet review, you will find out about what the wallet offers and whether it is suitable for what youre looking for. There are generally two very contrasting viewpoints when it comes to MyEtherWallet. On one hand, hardcore cryptocurrencies users generally offer MyEtherWallet their high praises. Some hardcore Ethereum fans say they could not live without the application as it is essential to the adoption of Ethereum. Since its a free and open wallet that supports Trezor and Nano hardware, most bases are covered. The in-depth functionality coupled with security is a big tick. First-time Ethereum buyers seem to struggle with the wallet. Its not as slick and friendly as some offerings from big companies like Coinbase . There continue to be complaints that the interface tends to be confusing with little intuitive flow that newcomers require. You can simply load up your MyEtherWallet from your chosen web browser, and it doesnt take much for you to start working with the interface. Your private keys are not stored on MyEtherWallet, so its essentially a web application allowing you to monitor and interact with Ethereum. Its fairly rudimentary in design and focuses on the fundamental components that enable users to send and receive of Ethereum. Theres a nice big send transaction box where to input an ether amount. The equivalent value is shown in the bottom left making it instantaneous to see current exchange Continue reading >>

Ethereum Wallet Review Myetherwallet

Ethereum Wallet Review Myetherwallet

JP Buntinx June 22, 2017 Reviews , Wallet There are quite a few different Ethereum wallet solutions available. Most people have taken a liking to MyEtherWallet, as it provides a convenient solution. More importantly, MyEtherWallet also comes with hardware wallet support, which allows for the creation of safe storage solutions. Despite the convenience, MyEtherWallet is far from perfect. MyEtherWallet Mixes Convenience and Frustration On the surface, the MyEtherwallet platform looks professional and offers all types of services one would expect. It also supports ERC20 tokens, which makes it a great solution for people looking to participate in cryptocurrency ICOs. Setting up a wallet is very easy, and MyEtherWallet is a powerful solution for both novice and experienced cryptocurrency users alike. One thing that piqued our interest is how MEW supports both Ledger and TREZOR hardware wallets as an additional security measure. This means users can use a hardware wallet and still send and receive ERC20 tokens through the MEW platform. It is a great feature, as very few other wallets seem to offer native hardware wallet support. In 2017, one would expect the many wallet services to have hardware support from day one. Alas, that is not the case, which is a bit of shame. There are other aspects about MyEtherWallet which virtually everyone will like. It is possible to download a Javascript version of the wallet and run it on your computer. There is also the MyEtherWallet CX Chrome browser plugin, which offers a lot of functionality. Unfortunately, the Chrome plugin does not support hardware wallets, for some obscure reason. It is unclear if this will ever change, but for now, it is a missing feature. Using the MyEtherWallet service is easy and convenient. Users can set their own Continue reading >>

What's The Best Ethereum Wallet?

What's The Best Ethereum Wallet?

12+ exclusive games The Bitcoin Casino by Primedice Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here. I agree this is the best eth wallet that i use so far but also you can try coinbase i think they also have a ethereum wallet with a bitcoin wallet in there site i use it in the pass year and so far it doing good as a wallet so i recommend it. in my experience with the wallets and the system requirements they take, i think the best option is a web wallet preferably the exchange itself. this may not be safe but granted the small window of time that i will be holding any ethereum i can take that risk. Just try the xapo wallets, I think it's the best wallet to ethereum and it's worth it. Because when I use faucets it easy to withdraw my work in xapo. But it's up to you if you used it. I just recommend it only depends to my experience. For me I use coinbase wallet and myetherwallet. Ethereum wallet in coinbase its easy to use and you can learn fast . And this wallet are very safe because they have 2fa. Few days ago I registered to the myetherwallet and I dont understand how it is works but after few hours of learning, asking ,researching I already know how to use it. If you want more secure choose myetherwallet because the private key only that you need to open your account and no one can try to open that because you only know what is your private key. there are such no best wallets out there its depends of the user who use it whether he like it or not and personally i would prefer myetherwallet and you can also store alot of altcoin on that wallet , dont use exchange address because you have no control on it Quote from: FredWilburn on May 16, 2017, 09:16:55 AM What's the best Ethereum Continue reading >>

Best Ethereum Wallets 2017: Hardware Vs Software Vs Paper

Best Ethereum Wallets 2017: Hardware Vs Software Vs Paper

Best Ethereum Wallets 2017: Hardware vs Software vs Paper Oliver Dale on December 2, 2017 / 0 Comments We are sure that one way or another, you have heard about Ethereum, blockchain, cryptocurrencies or ICOs. Even if you dont know what it is, Ethereum and other digital currencies have been covered extensively by the news lately due to billions of dollars worth of value attached to them. Ethereum is a decentralized platform that can run smart contracts. Smart contracts are basically codes that are used to transfer something of value to someone else over blockchain. You can use smart contracts to share content, properties, shares and money along with anything of value when certain conditions are met. Ethereum is often described as a digital currency but heres something you need to know, its a blockchain platform which uses the its own gas or currency which called is Ether. Currently its market cap is around $45 Billion whereas a single Ether is valued approximately around $480 ( as of December 1st 2017 ). So if you are interested in buying Ether thats awesome but we are living in unprecedented times where you can never be sure on how secure your digital currency really is, due to Phishing scams and Hacking etc. The increasing value of cryptocurrency is now known to everyone and cases where hackers have gotten hold of a lot money is becoming common. What you will need to safely store your Ether is reliable Wallet, in this post we will look at the different types of Ethereum Wallets and make our picks for the best ones. For those that are uninitiated, storing cryptocurrency can be a little daunting. Imagine if you have a huge wad of cash lying around. How do you carry it around? Most of us prefer to use our wallets as they help us in storing our money and to use it wheneve Continue reading >>

Best Ethereum Wallet (2018 Update) 5 Options Reviewed

Best Ethereum Wallet (2018 Update) 5 Options Reviewed

Last updated on November 24th, 2017 at 08:15 am Ethereum, the blockchain platform that allows smart contracts, is becoming more and more popular.Since the beginning of 2017 the price has spiked from $8.22 to around $50. Ive covered how to buy Ethereum in a previous post but thats only part of the process. Today I want to cover 5different types of Ethereum wallets so you will know where to store your Ethereum. Ethereum is a very technical currency (even more than Bitcoin), therefore most wallets out there arent newbie friendly. I will go over them from the simplest to the most complex so you can choose the one that is best suited to your knowledge level. Hardware wallets Best security (for a price) If youre serious about securing your altcoins I suggest storing your Ethereum on a hardware wallet. However these hardware wallets arent free and cost anywhere between $50-$100 (shipping not included). Todays leading hardware wallets TREZOR , Ledger and KeepKey all supply you with the option to store Ethereum on them. Instead of explaining about each one Ill just link to my previous reviews on the wallets: Personally, I use a TREZOR but all three are excellent choices for maximum security. Coinbases Ethereum wallet The simplest option Coinbase supplies an Ethereum wallet as well as a Bitcoin wallet. Coinbases wallet is simple to set up and very easy to use, however it has a few limitations youll need to be aware of: The company holds the private key ofthe wallet for you. This means youre not in control of your funds and Coinbase can decide to shut down your account if they want to. There were cases in the past that Coinbase shut down user accounts do to illegal activity. The Coinbase ETH wallet doesnt support ETC (Ethereum Classic). For a simple explanation about ETC vs ETH r Continue reading >>

Myetherwallet.com

Myetherwallet.com

Ledger / TREZOR / Digital Bitbox : Use your hardware wallet . Your device * is * your wallet. MetaMask Connect via your MetaMask Extension . So easy! Keys stay in MetaMask, not on a phishing site! Try it today. Jaxx / imToken Use your Mnemonic Phrase to access your account. Mist / Geth / Parity: Use your Keystore File (UTC / JSON) to access your account. **Do not lose it!** It cannot be recovered if you lose it. **Do not share it!** Your funds will be stolen if you use this file on a malicious/phishing site. **Make a backup!** Secure it like the millions of dollars it may one day be worth. **If you do not reveal your bid, you will not be refunded.** You will unlock your account, enter the Bid Amount, and the Secret Phrase. In the event that two parties bid exactly the same amount, the first bid revealed will win. Once the auction has ended (after 5 days / 120 hours), the winner needs to finalize the auction in order to claim their new name. The winner will be refunded the difference between their bid and the next-highest bid. If you are the only bidder, you will refunded all but 0.01 ETH. The auction for this registrar is a blind auction, and is described in EIP162 . Basically, no one can see *anything* during the auction. Be safe & secure: We highly recommend that you read our guide on How to Prevent Loss & Theft for some recommendations on how to be proactive about your security. Always backup your keys: MyEtherWallet.com & MyEtherWallet CX are not "web wallets". You do not create an account or give us your funds to hold onto. No data leaves your computer / your browser. We make it easy for you to create, save, and access your information and interact with the blockchain. We are not responsible for any loss: Ethereum, MyEtherWallet.com & MyEtherWallet CX, and some of Continue reading >>

Myetherwallet And Ethereum Wallet

Myetherwallet And Ethereum Wallet

Are MyEtherWallet and Ethereum Wallet same? Is it possible to keep multiple crypto currencies including bitcoin, Ethereum and others in a single wallet? Or do I need separate wallets for each crypto currencies? You should avoid asking to questions in the same question. Myetherwallet is a web site ( ) while 'Ethereum wallet' is a generic name for any wallet. As a wallet, you can use the wallet provided on or myetherwallet or any other ethereum wallet. It depends on what kind of cryptocurrency you want to keep.On an ethereum wallet, you can keep ether and any ethereum token(as ethereum allow you to create other cryptocurrencies on the ethereum blockchain). But if you want to keep independant cryptocurrencies with their own blockchain, like bitcoin core, bitcoin cash or any other cryptocurrency,you will need a wallet for each of them. Note that exchanges, that is website where you do not have the private key of your ether, are not proper wallet. If they disappear, there be will no technical way for you to get your money back. Basically, you will have to sue them. Your ether is not "in" your wallet. It is at your address/public key.So you can use as many wallet as you want and keep the exact same ether on it.But in this case, your are exposed to flaws of every wallet you use. Continue reading >>

Myetherwallet Review: Full & Detailed Guide

Myetherwallet Review: Full & Detailed Guide

If you own some cryptocurrency or you plan to buy it soon, then you will need a wallet to store it securely. Depending on what you need, you can choose from many wallets available in the market. MyEtherWallet, also known as MEW wallet, is one of the most popular Ethereum wallets. MEW wallet is one of the best options for storing, sending and receiving, both Ether and Ethereum related tokens. Therefore, I felt it was only right to give you a full, detailed MyEtherWallet review. This guide will cover all areas of MyEtherWallet. You will learn about the various features of this wallet and how they compare with the features of other wallets. I will cover, in detail, the MyEtherWallet supported coins. I will also provide a step-by-step guide to set up your own MyEtherWallet. By the end of this guide, you will be able to decide whether MyEtherWallet is the right wallet for you or not. You will also have a clear understanding of how to set up the MEW wallet and start using it. Before going into the detailed MyEtherWallet review, lets try to understand some basics about this wallet. Before MEW, there werent many options to store and send or receive Ether, so Taylor Monahan created MyEtherWallet! This was in 2015, not very long after Ethereum itself was launched. MyEtherWallet has grown to become one of the most used wallets for Ether transactions. It has also evolved over time to include features which are required by the Ethereum blockchain. Simply put, MEW wallet is a website that lets you create an Ethereum wallet in seconds. You can use this wallet to store, send and receive Ether. Technically, the MEW wallet does not directly store your coins. MyEtherWallet gives you an address at which you can receive the coins from anyone else. This address is referred to as the public Continue reading >>

Myetherwallet: A User-friendly Tool For Eth | 2017 Review | Finder.com

Myetherwallet: A User-friendly Tool For Eth | 2017 Review | Finder.com

You will be charged transaction fees when you send ether, but those go to the miners working on the Ethereum blockchain and not to MEW. Any standard Ethereum token (ERC-20) issued on the Ethereum platform Getting started with MyEtherWallet is very quick and easy. To create a new wallet, simply visit the MyEtherWallet website . Check the site. For security reasons, its important to be sure that youre using the secure https:// protocol rather than http. Because MEW users have been targeted by phishing attacks, ensure that the site youre visiting displays the green MYETHERWALLET LLC [US] certificate in the URL bar. Create a new wallet. Once you have confirmed that you are visiting the correct site, you should be greeted with a form titled Create a New Wallet. You can also choose New Wallet from the main menu to access this area. Choose a password. Enter a password of your choice into the field. Youll need to hold on to this password, so take care to store it somewhere safe for future reference. Download the keystore. MyEtherWallet will use your password to generate a unique keystore file for your wallet. Follow the prompts, and heed the warnings not to share or lose your keys before you download the file. Private key. Once youve done this, youll get your private key. You have the option to print this out as a paper wallet. Be sure to keep this information safe and private. If other people get access to your private key, they will be able to access your account and control your funds. Choose your wallet. After you confirm that youve secured your private key, youll be asked to choose who will be able to access your account. MEW is compatible with select hardware wallets, including TREZOR, Ledger, and Digital Bitbox, as well as some software wallets like the official Ethereu Continue reading >>

Myetherwallet Controversy: Should You Trust Mycrypto?

Myetherwallet Controversy: Should You Trust Mycrypto?

MyEtherWallet controversy: Should you trust MyCrypto? MyEtherWallet vs MyCrypto. Whom should you trust with your money? Rados.io team investigated the split between MEW's cofounders and you won't believe what we have found! On February 8th, 2018, Taylor Monahan, one of MyEtherWallet's cofounders, has posted this article [1] on her Medium blog. Let's summarize the article with quotes from it. This is the story of MyEtherWallet, and how this has led us down the path to MyCrypto. MyEtherWallet started with just two people, kvhnuke and tayvano (me!). It was a simple interface that provided a simple solution to a problem: when Ethereum first launched, the only way to send your Ether was via command line. When the price skyrocketed, ICOs and noobs came zooming in on the promise of getting rich. We suddenly had a real user base and real servers that we had to learn to scale. My friends, family, and especially husband saw the toll this responsibility was having on my mental health and urged me to stop letting it destroy me. My husband answered as many support tickets as he could each day, cooked dinner each evening, and carried me to bed at 4am then 5am then 7am when I fell asleep typing at the computer. I consistently chose trying to help one more person over a few more moments of sleep. And there was always one more person. MyEtherWallet LLC was sufficient for the early stages of growth. MyCrypto is designed with next-level scaling in mind from the beginning. The team I have assembled over the past 9 months and I will now be be building, providing support, educating, and ensuring the security of and all future products. After this announcement, MyEtherWallet's twitter account with a verified badge and 80,000 followers got renamed to MyCrypto. Sounds like a pretty normal rebr Continue reading >>

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