Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Crypto Wallets => MyEtherWallet => Topic started by: Niko on September 17, 2018, 09:42:01 PM
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Ethereum is a decentralized platform that runs smart contracts: applications that run exactly as programmed without any possibility of downtime, censorship, fraud or third-party interference.
These apps run on a custom built blockchain, an incredibly powerful shared global infrastructure that can move value around and represent the ownership of property.
This enables developers to create markets, store registries of debts or promises, move funds in accordance with instructions given long in the past (like a will or a futures contract) and many other things that have not been invented yet, all without a middleman or counterparty risk.
The project was bootstrapped via an ether presale in August 2014 by fans all around the world. It is developed by the Ethereum Foundation, a Swiss non-profit, with contributions from great minds across the globe.
On traditional server architectures, every application has to set up its own servers that run their own code in isolated silos, making sharing of data hard. If a single app is compromised or goes offline, many users and other apps are affected.
On a blockchain, anyone can set up a node that replicates the necessary data for all nodes to reach an agreement and be compensated by users and app developers. This allows user data to remain private and apps to be decentralized like the Internet was supposedly to work.
Smart money, smart wallet
The Ethereum Wallet is a gateway to decentralized applications on the Ethereum blockchain. It allows you to hold and secure ether and other crypto-assets built on Ethereum, as well as write, deploy and use smart contracts.
.https://www.myetherwallet.com
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The best ethereum wallet are, Bianance, Kucoin, Cex, Bittex, Ledger. In my opinion the crypto world need some private key for security and compatability.
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The best ethereum wallet are, Bianance, Kucoin, Cex, Bittex, Ledger. In my opinion the crypto world need some private key for security and compatability.
Binance and Kucoin are exchange platforms. Don't ever store your crypto assets in the exchange market because they are very vulnerable to hacking. For Op there are still many ethereum wallets that you can have. One of them is Hardwere wallet.
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The best Ethereum wallets are MyEtherwallet , Metamask , ledger Nano S , Trezor and ledger nano X .It has best security system and easy to use.