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Author Topic: Myetherwallet question  (Read 216 times)
pereira4 (OP)
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February 15, 2018, 02:51:11 PM
 #21

If I want to generate for example 10 Ethereum addresses and I want to use Myetherwallet , I have to create 10 different keystore/.json  files and then use these files to access each address separately? Because that seems insanely annoying, considering that in principle it's advice against re-using the same address, I would have a bunch of these files to store, each with their own password...

Can I just get a file that can work as a seed that can spawn a bunch of different addresses? for example, you can use electrum, and save a file that you can load in electrum and have access to as many addresses as you want, not only 1 address per file. Is there any wallet that does this?

Let me ask you about that! if Ethereum wallet of yours will get hacked and having only one file or private key. what will you do then?
everything with ethereum is kinda good now and more secure. Never public your main wallet address and put all your tokens there.
remember that just your eth address can see all your belongings in crypto.

True, I would never store big amounts of money in Electrum for instance, as I don't like the idea of my seed to somehow get hacked, giving free access to all my existing and future-derived-from-the-seed addresses. However, I would be able to deal with this risk for small amount of ETH tokens. It's mostly to receive payments for the signature campaign im in. Lately, it seems they want to give payments in both BTC and the token they are promoting, so a lot of people are researching how to get an ETH address for the first time because of that.

I have decided to go for the keystore file for now, I will research the mnemonic option later, thanks.
Julunguul
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February 15, 2018, 06:12:45 PM
 #22

MEW cant work like that, one keystore for one address only, you should know its also for your asset keep safe, can you imagine what happen if just one key can open multiple address ?
how if when your wallet have been compromised ?

Mew use this because safety is more important than faster access
matsusomoto
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February 15, 2018, 06:19:45 PM
 #23

It is for your own security if you have only one private keys from multiple wallets you could lose anything you have,but if you have 10wallets and 10 private keys and if one of your keys are stolen there will 9 more keys that the hacker should get before you lose everything,its like putting all the eggs in one basket,that is not a good idea, if you arent satisfied with MEW you can get a hardwallet ledger or trezor would be great.

ac2eugenio
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February 15, 2018, 06:24:28 PM
 #24

If I want to generate for example 10 Ethereum addresses and I want to use Myetherwallet , I have to create 10 different keystore/.json  files and then use these files to access each address separately? Because that seems insanely annoying, considering that in principle it's advice against re-using the same address, I would have a bunch of these files to store, each with their own password...

Can I just get a file that can work as a seed that can spawn a bunch of different addresses? for example, you can use electrum, and save a file that you can load in electrum and have access to as many addresses as you want, not only 1 address per file. Is there any wallet that does this?
You need to know mew wallet is the most secured ethereum wallet for erc20 tokens because of its unique features,json file will assure your wallet address cant be compromised or copied by anyone,it is a unique ID for your wallets,you need the file abd your password to open your wallet,you can generate as much mew you want but you cant create a single key for all your wallets.
ajqjjj
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February 15, 2018, 06:29:20 PM
 #25

MEW cant work like that, one keystore for one address only, you should know its also for your asset keep safe, can you imagine what happen if just one key can open multiple address ?
how if when your wallet have been compromised ?

Mew use this because safety is more important than faster access

LOL, that would not work too as of now. MEW wallet give .json while you are signing up with them itself. More over their receiving address also static one not a dynamic. This is how even bitcoin address also once after every update. We are seeing muti wallet, dynamic address, 11x algorithm, segwit and all.
Better security MEW would be the fine option for you.

Please do not look into the non private key or centralized wallet. Those are mostly get hacked.

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Cryptoguru274
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February 15, 2018, 06:39:34 PM
 #26

I think it is very safer for you to use multiple wallets and secure your tokens than to use one wallet in all your tokens and be exposed to hack. The most important factor is to take care of your private keys and never trust anyone with it.

anjohyx
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February 15, 2018, 06:41:45 PM
 #27

How about buy hardware wallet (nano s) and using ethereum app login with myetherwallet, you can use multiple mew address with ledger nano s , no need to store your json file and private key ,

maimainguyen05
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February 15, 2018, 06:42:51 PM
 #28

You can't do that with MEW. I think if you feel it's too complicated to have 10 ETH address on MEW, I think you should try to create ETH wallet on Etherdelta, you also can access to your wallet by MEW and create ETH wallet on Etherdelta is much easier and faster than create ETH wallet on MEW. When I want to get a lot of new ETH address I often use this method Smiley

Payne976
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February 15, 2018, 06:46:25 PM
 #29

I'm sticking to using my Ether Wallet, from what I have read on Reddit this hard fork is not putting my wallets in danger at all. I have used MEW for a few years now and have never had any issues.

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