Review on MyEtherWallet by Stephen Toluwani
Myetherwallet comes with features that is befitting for an Ethereum wallet
Myetherwallet is in all sense, my first Ethereum dedicated and Decentralized wallet that I ever used dating as far back as 2018. Myetherwallet is one of the Decentralized Crypto wallets that gives users access to their private keys thereby putting users in a position where they are meant to secure their accounts and funds. I used this wallet because it can be accessed by any device with an internet connection as a Web wallet. The myetherwallet can be aaccessed not only on the web but also as a Chrome browser Extension and it's mobile
The wallet comes with features like wallet connect so that users could easily link up with Decentralized apps and Decentralized exchange. It's wallet connect feature was a very simplistic one as I was able to link my wallet to Uniswap on the same Chrome browser on my phone. I for one can not really point out a feature that makes Myetherwallet stand out as it's features are in semblance with features of other Ethereum wallets. There is also no support for 2 factor authentication to prevent people from accessing one's funds from the device on which the wallet is on.
It's a really compatible wallet from users to store, send and receive Ethereum and Ethereum Classic transactions
Pros
- Myetherwallet provides dedicated support to Ethereum, Ethereum Classic and it's ERC compliant tokens
- Decentralized wallet that gives users access to their private keys
- Accessible on Web, Mobile Application and Chrome Extension
Cons
- No extra security setup against domestic access to funds
