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Author Topic: Blockchain.info now added ether  (Read 2531 times)
TheCoinFinder (OP)
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August 18, 2017, 04:46:37 AM
Last edit: August 19, 2017, 05:39:55 PM by TheCoinFinder
 #1

Welcome

Today morning i got an email from blockchain anouncing that they are now accepting ethereum.
Blockchain members now have option in their wallet to receive,send,transfer eth. What are your opinions? Have you interacted with newly added currency?

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August 18, 2017, 05:23:28 AM
 #2

it seems a lot better than all the other alternatives for a web ethereum wallet. but I kind of find it weird that they don't even have a block explorer for ethereum but they added its wallet! I hope they add the explorer soon too, it is very useful and necessary to have with this type of web wallet.

the good thing about it is that you will control the private keys and won't be like Coinbase. and also you won't have the headache of dealing with horrible ethereum wallets and their bloated blockchain which is much bigger than bitcoin's.

here is the link by the way: https://blog.blockchain.com/2017/08/17/blockchain-wallet-adds-ether/

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August 18, 2017, 06:28:35 AM
 #3

If you can't export your private key in a click of a button then Its useless I'd say also a lot of people are using the ERC20 tokens and not ethereum itself so again, they will be losing a lot of users If they are not supporting that, I say Myetherwallet is still a better alternative for the moment.
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August 18, 2017, 05:32:40 PM
 #4

A so called Bitcoin evangelist company is now offering Etherum solution. What a crime. It will end like Coinbase, every 2 years they will add new wallets like litecoin, dogecoin, ethereum classic, etc And I agree with the poster above, most people are interested with ERC20 tokens, so they are putting a limit themselves

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August 18, 2017, 07:37:16 PM
 #5

I have just tried it but haven't done any transaction with my ether wallet there. We can actually export our private key which is really good and they also have inbuilt exchange feature which can be really useful. I hope they will also add support for ethereum based token in future.

http://altcoin.media/2017/08/18/blockchain-info-wallet-added-support-for-ethereum/

 
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August 18, 2017, 08:10:47 PM
 #6

If you can't export your private key in a click of a button then Its useless I'd say also a lot of people are using the ERC20 tokens and not ethereum itself so again, they will be losing a lot of users If they are not supporting that, I say Myetherwallet is still a better alternative for the moment.

this is the big issue i see. at first, i was excited, since MEW is occasionally unusable/service down.

with the ICO craze still in full swing, and airdrops still flowing left and right, it'd be great to have more options for reliable web wallets with access to ERC tokens. i don't really need another web wallet just to store ETH. i have a desktop client for that. hopefully they will add support for ERC tokens in the next few months. i'm sure there is demand for it from their customers.

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August 18, 2017, 08:46:56 PM
 #7

If you can't export your private key in a click of a button then Its useless I'd say also a lot of people are using the ERC20 tokens and not ethereum itself so again, they will be losing a lot of users If they are not supporting that, I say Myetherwallet is still a better alternative for the moment.

this is the big issue i see. at first, i was excited, since MEW is occasionally unusable/service down.

with the ICO craze still in full swing, and airdrops still flowing left and right, it'd be great to have more options for reliable web wallets with access to ERC tokens. i don't really need another web wallet just to store ETH. i have a desktop client for that. hopefully they will add support for ERC tokens in the next few months. i'm sure there is demand for it from their customers.
Well, MyEtherWallet is just a client so you can see and manage your wallet from your key. Since you have access to your private key, you can access your wallet anywhere, even if the wallet is down. That's why MEW is the best option if you want to create a ETH wallet.

Blockchain is essentially hosting your private keys for you. Not the best option and not offering all the freedom you should have.

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August 19, 2017, 12:43:05 AM
 #8

OP, please edit thread title, because it makes no sense. It should be Blockchain.info, not just Blockchain, because it's different things.

Well, I thought that Blockchain.info wallet is only for bitcoins and I didn't expected that they can add Ethereum or any other coin. But anyway, it's not bad for people, because there was lack of good online Ethereum wallets.
And now I think we can expect that Blockchain will add more coins eventually, similar like Coinbase.

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August 19, 2017, 10:14:53 AM
 #9

Welcome

Today morning i got an email from blockchain anouncing that they are now accepting ethereum.
Blockchain members now have option in their wallet to receive,send,transfer eth. What are your opinions? Have you interacted with newly added currency?
I don't know if that's true since I haven't got a notification yet but what I know is they have added BTC to ETH conversion using  shapeshift API.The idea is however WIP and one shouldn't really trust them for storing ETH at the moment.You can read the blog post here,
 https://blog.blockchain.com/
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August 19, 2017, 11:43:29 AM
 #10

I also got that new from them and with that I got that now blockchain believe on the success of even either. With that announcement it is sure that after Bitcoin Ether will be the second successful crypto currency of the crypto world. By the way that attempt of blockchain is appreciated as I love that wallet but the problem in that wallet is that when the password and they key words once lost then it is not easy to get back your coins.
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August 19, 2017, 12:47:55 PM
 #11


Blockchain is good wallet and most trusted platform in the world. They have good service with bitcoin but I don't think adding up ether blockchain in their wallet is much better thing. There portfolio best fits with bitcoin and not altcoins really. Why would anyone try out ethereum on blockchain if there is specific wallet like MEW to work with ERC20 standards. Plus most of the ICO accept MEW so in any case blockchain will result in poor customer base who use ether.
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August 19, 2017, 01:24:12 PM
 #12

This is very unexpected and so very sudden. Im one of the Ethereum skeptics here in this forum, but does the acceptance of ETH in blockchain.info signals that Ethereum really has a future? I very much doubt that and I think that they are making a mistake.
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August 19, 2017, 03:21:43 PM
 #13

This is very unexpected and so very sudden. Im one of the Ethereum skeptics here in this forum, but does the acceptance of ETH in blockchain.info signals that Ethereum really has a future? I very much doubt that and I think that they are making a mistake.


Dude this has been planned this year starting itself. US commerce department had meeting with Blockchain team about collaboration with them. After that there is no news about that meeting. Then suddenly eth started increasing along with bitcoin from this year's February. After that to now bitcoin and ETH competitively increase to high value.

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August 19, 2017, 03:48:38 PM
 #14

Blockchain.info is known as Bitcoin wallet, adding Ethereum wallet is not bad, but i think without allowing people to get their private keys , it will not be really used. My ethereum wallet is now the best wallet for Ethereum and it is used by the biggest eth community


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August 19, 2017, 05:00:07 PM
 #15

Blockchain.info is known as Bitcoin wallet, adding Ethereum wallet is not bad, but i think without allowing people to get their private keys , it will not be really used. My ethereum wallet is now the best wallet for Ethereum and it is used by the biggest eth community
For now i think they are just added it but they are still not added own ethereum just let us wait to the blockchain to be added the explorer and also for exporting and importing private keys features for now this is a sign that they are supporting ethereum too as alternative of bitcoin..
Hope that it can't affect the value of bitcoin once its clearly ethereum will be safe in blockchain ..



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August 19, 2017, 05:01:21 PM
 #16

A so called Bitcoin evangelist company is now offering Etherum solution. What a crime. It will end like Coinbase, every 2 years they will add new wallets like litecoin, dogecoin, ethereum classic, etc And I agree with the poster above, most people are interested with ERC20 tokens, so they are putting a limit themselves
I don't see anything bad in adding new coins. For me it's not comfortable to create new accounts for every wallet. I prefer control all in one and especially when you have wallet which you can to trust.
I think it's a good idea from blockchain's side, many people uses their wallet and I believe they will have more customers if they will add good wallet without problems and bugs.

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August 19, 2017, 08:25:27 PM
 #17

Well many places where you can buy and sell bitcoins online are adding ethereum and litecoin as of lately so this move is a great one from blockchain.info

The more coins a wallet offers the better but also it becomes a bigger target for hackers. Since we all know that some of the blockchain.info accounts were hacked before now that they have add a new coin, hackers will be more eager to hack this wallet. I hope they have taken precautionary provisions in order to offer users a hassle free wallet.

2FA is a must for every user of this wallet, I don't use it personally but did so in the past.

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August 19, 2017, 10:09:18 PM
 #18

Well many places where you can buy and sell bitcoins online are adding ethereum and litecoin as of lately so this move is a great one from blockchain.info

The more coins a wallet offers the better but also it becomes a bigger target for hackers. Since we all know that some of the blockchain.info accounts were hacked before now that they have add a new coin, hackers will be more eager to hack this wallet. I hope they have taken precautionary provisions in order to offer users a hassle free wallet.

2FA is a must for every user of this wallet, I don't use it personally but did so in the past.

given ETH's value, this will definitely make each individual account more valuable on average, as people start using the service to store their ether. so yes, strong password and 2-factor is a must, as hackers will begin devoting more resources to hacking blockchain.info wallets. the other issue is MITM attacks. they recently had more VC funding, so i hope they have put a lot of money into making sure their service isn't compromised.

that's my biggest fear with using their wallet. it seems much safer to use a dedicated desktop wallet that you have control over. a lite wallet like electrum is really not very resource-intensive, and you can also use 2FA with it.

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August 20, 2017, 03:33:03 PM
 #19

Dont really understand why they have added Ethereum in the wallet, its not their way really. MEW is well know and focused wallet for alt coins. Blockchain seem to compete the market by adding up the Ethereum option as I don’t think there arena other wallets who supports both bitcoin as well as Ethereum altogether. Anyway, its good for the user of blockchains they will have the opportunity manage only one wallet for both bitcoin and ether as well. Hope this addition will also late the user hold private key but as the blockchain is public one they might just hold the keys by themselves which won’t be helpful in gathering the users. Hope they add up some features demanded by users. 



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August 20, 2017, 04:53:24 PM
 #20

A so called Bitcoin evangelist company is now offering Etherum solution. What a crime. It will end like Coinbase, every 2 years they will add new wallets like litecoin, dogecoin, ethereum classic, etc And I agree with the poster above, most people are interested with ERC20 tokens, so they are putting a limit themselves

There are now more transactions done on the Ethereum network than on the bitcoin network. No company can ignore that, especially as Ether seems to be developing all sorts of applications and layers on top of it.

 
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