Well fellow steemians, the EMD web wallet has been out for a few days now so I went ahead and set mine up. I should add that I love this coin because of its quick block time/low difficulty for mining, relative stability of value vs other coins, and quick transaction speed.
Right off the bat, they tell you up front that you are NOT in control of your private key and that you have to trust the EMD dev team. I don't trust anyone who isn't related to me by blood or marriage, especially when it comes to my money. This is the biggest problem with the wallet for me.
A smaller issue is that the only 2 factor authentication service offered is via Google authenticator. I don't use google 2FA and prefer to receive a code via txt or email.
On the good points, the wallet is simple and easy to use. It's also easily accessed from a mobile device, which is great.
I've set up an old gridseed miner to mine some EMD to see how well it handles transfers and will update when I send some. You can also send me EMD tips to the web wallet here:
Ex6k68o7yC6Zi4NXXeKHV5jHyMMLZL8n6F
Thanks for reading.