Review on MyCrypto by Sergio Daniel Delgado
My Crypto wallet
From the creators of the established MyEtherWallet, MyCrypto is a client-side open source tool for generating Ether wallets, managing ERC-20 tokens and interacting with the with the blockchain more easily.
MyCrypto is not a "web wallet" since users do not create an account or give developers control of tokens. All data is created on your computer / browser, not on your servers. It is not a website where you place your tokens and they store it for you. They just make it easy for you to save your wallet information in your browser / On your computer. Then they give you a place where you can access that information and do things with it.
MyCrypto wallet offers its user features such as hardware wallet integration, ShapeShift token exchange, Coinbase purchase widget, contract interaction, signature / verification message, and Ethereum naming service (ENS) integration.
Pros
- Safe and easy to use
Cons
- Hierarchical determinist
