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Author Topic: MEW Wallet  (Read 861 times)
TheUltraElite
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September 25, 2017, 08:57:45 AM
 #21

Yes MyEtherWallet can be used by everyone by creating a new wallet in their website. Generate a private key/passphrase and then use it. I prefer to use Mist wallet though and sometimes I have problems with the block syncing. It takes forever to sync and I have to wait for the syncing to complete before I can do any transactions. There comes in MEW - I can upload the Mist JSON keystore file there and use the password to unlock it. Then I can send transactions and view my tokens there without having to do a full sync from MEW itself.

Thus I recommend you to try out both and see which one works out for you. I do hope in future there is something like Electrum for Ethereum as well.

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September 25, 2017, 09:00:36 AM
 #22

Whether you will be hacked or not depends on you rather than my ether wallet, if you can't store your private key or key store file you may be hacked.

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September 25, 2017, 09:34:06 AM
 #23

Is it safe to store several thousands worth of eth and tokens in there? I want to create the offline version but im not really sure how to do that?

If no one can get my key, am i safe then? Or can it get hacked? I kinda hate this side of the game really. With all these ahole hackers.
yes it is more safe if you do not share your private key to anyone that's it. you just create your MEW account and print your private key  and then save it in your safe place. even then you are totally safe.
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September 25, 2017, 10:00:24 AM
 #24

Is it safe to store several thousands worth of eth and tokens in there? I want to create the offline version but im not really sure how to do that?

If no one can get my key, am i safe then? Or can it get hacked? I kinda hate this side of the game really. With all these ahole hackers.
yes it is more safe if you do not share your private key to anyone that's it. you just create your MEW account and print your private key  and then save it in your safe place. even then you are totally safe.

Well I haven't used myetherwallet before but I created a wallet just to play around with it. So just like any wallets out there, you need to save your ETH wallet, Private Key and your Password to a safe and secured location.

Question though:

Is it safe to used just 1 wallet in joining the bounties? Let's say I joined a bounty and it finished today and I want to join another, it is safe to create another wallet for the 2nd bounty or just used the the previous wallet? Will there be any complications if tokens come from 2 different ICO's? Can 1 myetherwallet handled 2 different tokens?

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Bonanzacoin (OP)
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September 25, 2017, 10:02:07 AM
 #25

Is it safe to store several thousands worth of eth and tokens in there? I want to create the offline version but im not really sure how to do that?

If no one can get my key, am i safe then? Or can it get hacked? I kinda hate this side of the game really. With all these ahole hackers.
yes it is more safe if you do not share your private key to anyone that's it. you just create your MEW account and print your private key  and then save it in your safe place. even then you are totally safe.

I currently safed it on my pc... since i used it quite a bit... I also realised no matter whaty wallet u have. It remains all in cyberspace. When u have a trezor or whatever that doesnt mean the coins are actually in that trezor...
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September 25, 2017, 10:16:46 AM
 #26

You will never be safe with that basic security, atleast  buy hardware wallet which compatible to use with MEW, by that you'll have potential of saving thousands dollar while "wasting" few dollars for a hardware wallet.
by recent phishing attack which targetted to MEW users, you need to really careful when trying to visit MEW and always check their SSL and address.

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September 25, 2017, 10:20:30 AM
 #27

It's very safe as long as you take the appropriate measures to keep your account secure. Have a secure password and back everything up in case your PC goes kaboom.

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September 25, 2017, 12:42:06 PM
 #28

Is it safe to store several thousands worth of eth and tokens in there? I want to create the offline version but im not really sure how to do that?

If no one can get my key, am i safe then? Or can it get hacked? I kinda hate this side of the game really. With all these ahole hackers.
Yes, my etherwallet or MEW is very much safe, and this is base in my experience in using it up to now. Just make sure you save your private key or password unto it. Or else you might gonna be hack by someone else out there which you didn't know.
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September 25, 2017, 02:47:04 PM
 #29

Just always Check the Green bar on Address bar when you are Using Online MEW

The original Myetherwallet now uses the Greenbar SSL


Bookmark the site . and don't be scared as long that your the only one who holds your
private key.

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September 25, 2017, 03:36:57 PM
 #30

MEW is very safe and secure, as long as you keep your private key safe. If you are still concerned, consider coinbase as they secure your funds up to 250K. Sure, it's still a far cry from the safety/security of your bank account probably but there are always risks with storing your crypto in this environment. The safest would be to just invest in a hardware wallet such as a Ledger or trezor.

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September 25, 2017, 04:12:50 PM
 #31

Myetherwallet is very safe to use.  I've been using MEW for a while now with no issues.  Just be careful of phishing websites, there's a lot of them in  Slack.  Always bookmark Myetherwallet to be safe. 
Yes, this is the worst thing about this wallet and blockchain.info as well. I think that MEW is an extremely safe wallet, you just have to make sure you won't lose your private keys and other things which can activate your wallet. As you probably know, blockchain.info is already accepting eth as well, but I would say mew is a lot safer and more reliable, even though I hold my btc on blockchain website.

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September 25, 2017, 04:15:23 PM
 #32

I bookmarked MEW from start. As Etherdelta.
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