Review on MyEtherWallet by Sergio Daniel Delgado
Why use MyEtherWallet?
MyEtherWallet, popularity knows as MEW, a a website where we can create an online wallet to store our crypts without downloading all or part of the blockchain.
The good thing about it is that you don't store your Ether on its servers, but simply allow you to create your own wallet and make transaction through its node.
Now, why use it?
The answer is that it is not necessary to have it, but it is advisable to avoid the risk of losing our assets if the exchange in which we keep our cryptocurrencies is hacked or ends up closing.
Also, as I said, by not storing your cryptocurrencies on their servers, as with other solutions, YOU HAVE COMPLETE CONTROL of your wallet, no matter what.
That is why it is considered one of the safest wallet that exists today.
Pros
- Completely free platform, available worldwide
- Well configured and with a hardware wallet it becomes one of the safest ways to save and transfer our cryptocurrencies
- They do not store or know any information about you and only you are responsible for your private keys
- Compatible with a wide wide variety of hardware purses such as Trezor or Ledger
Cons
- Security depends exclusively on the correct administration of the user. This can compromise the funds of beginners. To increase security, it is ideal to use it in conjunction with other tools.
- Some users have suffered problems of attacks and phishing by not taking advanced security measures
- The learning curve for its correct use is medium
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Comments (3)
January 13, 2020
It needs more security in your funds, any new user could lose them if they do not handle it well
January 10, 2020
main wallet of the ethereum network, insurance will increase its use after the update of your network 2.0
