Multi Wallet for storing ERC20-bitcoins: MyEtherWallet

in #crypto-currencies7 years ago

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In the next short review I'll tell you about the cryptichelp MyEtherWallet. References to previous reviews

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Infinito Wallet

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The online online wallet MyEtherWallet (MEW) was created in 2015. Co-founders of the company: Taylor Monahan and Kosala Hemachandra.

MEW is an open source client application running on Javascript. Windows users can install an extension to the Chrome browser on your computer.

Unlike web purses, access to it is possible only through the device on which it was installed.

Multicurrency: ETH and all ERC20 tokens.

Languages: more than 20, including Russian.
Features

It supports the "cold" way of storage - hardware wallets Trezor, Ledger Nano S, Mist, Geth, Metamask. Using one of them, the user does not lose the opportunity to send and receive funds via the MyEtherWallet platform. Few services offer such a combination of options.
Purchase Ethereum Gas, without it it is impossible to create special contracts Ethereum.
Launched the day before in partnership with Kyber Network, a decentralized exchange of tokens. The new feature allows you to exchange ETH for popular ERC20 tokens.

Security

Authorization is possible with the help of graphic keys (QR codes). The safest login to the account is through a "cold" wallet.

Two-level protection. Two-factor authentication, as an additional method of protection, is used in server applications. Since MEW is a client application, the developers offered another solution - encryption. When registering a purse, a private key is created, which is stored in an encrypted file (Keystore). You can only open it with a password. The private key gives access to the wallet, in case of loss it can not be recovered. All information (key, Keystore file and password to it) is stored on the owner's side. The user can opt out of the second level of protection and store information in an unencrypted form (JSON File), but system developers are strongly advised not to do so.

The client can make backup copies.
Commission

The transaction fee is 0.000441 airs. The commission is calculated in GAS, then it is transferred and paid for in ETH. Replenishment and withdrawal of funds are free. You can remove and put the currency in unlimited quantities.
Reviews

The service registered more than 15 million accounts. MEW is considered one of the best on-air wallets. In the vast majority of users give positive feedback. The Chrome Web Store has a rating of 4.47 out of 5 points.
pros

Protection level above average
Compatible with hardware wallets
Interactive and convenient interface
Ideal for investors ICO
Secure and easy interaction with Ethereum block system
Excellent customer support
Russian version

Minuses

Hardware wallets are not supported by the MEW Chrome extension
Problems associated with network congestion (when traffic is at a peak, it takes several hours to confirm the transaction)

Website https://www.myetherwallet.com/

Accounts in social networks

https://www.facebook.com/MyEtherWallet/

https://twitter.com/myetherwallet

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