Review on MyEtherWallet by erdi yılmaz
Is MEW Safe Enough?
MyEtherWallet is one of the most widely used wallets where you can create an Ethereum wallet and transfer Ethereum tokens.
For MyEtherWallet, we can say that it is an interface where users can connect with the Ethereum blockchain rather than an application that can store Ethereum tokens. You can download MyEtherWallet to your computer and use it offline. Because this wallet is both open source and fully operated by users. Thus, it is still up to the users to ensure its security. Therefore, it is necessary to protect the security keys very well.
MEW users, who were recently attacked via a VPN, lost a total of $ 12000 worth of tokens. This situation shook MEW's prestige a bit.
When using this wallet, you also need to take into account the gas fees because there are quite high fees.
Pros
- Ethereum and ERC 20 tokens can be stored
- Provides a comfortable connection with the Ethereum Blockchain
- Possibility to use offline
Cons
- can lead to security problems
