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Topic: Can I have two myetherwallets. - page 5. (Read 1774 times)

full member
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September 24, 2017, 02:08:53 PM
#65
Some people including me have multiple myetherwallets as if one accounts is lost to a hacker or for some other reason the private key is lost, we do not end up loosing all our ERC20 tokens. The same goes for bitcoin wallets.
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September 24, 2017, 02:02:38 PM
#64
Yes. Myetherwallets two can be used.
full member
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September 24, 2017, 01:11:16 PM
#63

can. there is no prohibition for it. you can make as much as possible if you dont bother with it.
having some dombet can make a backup alternative to something. that's for me personally.
full member
Activity: 250
Merit: 100
September 24, 2017, 01:09:06 PM
#62
Can I have two myetherwallets.As it is a web based wallet I think it is possible to have.What are your suggestions?



of course, maybe if you want more it's up to you. there is no prohibition on how many of your wallets.
i have some walet eth. because there are some punctures that I apply. not in the same wallet.
full member
Activity: 253
Merit: 100
September 24, 2017, 01:05:46 PM
#61
You can have as many myetherwallets addresses as you wish. The problem is how you can keep track of the addressess and private keys. And ensure they are kept in good security.

It is recommended to have a hotwallet and cold storage address:

Hotwallet: Minimum amount of ETH/Tokens that you need to use regularly.

Cold storage: Long term investment. Private keys should never be exposed with a computer with internet security.

How can you hide your private keys from a computer with internet? The wallet itself is being created via internet. Then you need 100% internet to create one. So you'll use internet.

You can download Myetherwallet from their website. And run it without any internet connection. It is recommended to run a virus scan beforehand and reboot your computer before generating a key.

For a much more secure method, use a computer that have never touch the internet, this is the best method to keep your private keys safe. Also, consider buying a safe box with fireproof capacity to store your private keys (written on paper).

Let me know if you need more advise on this.
hero member
Activity: 2128
Merit: 530
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September 24, 2017, 12:49:23 PM
#60
If you are talking about hack you can't have two accounts the hackers can only gain full control of the site for some time but there are some fake site out there that you need to be careful of they only want to steal your funds
legendary
Activity: 2674
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September 24, 2017, 12:43:35 PM
#59
There is no limit to having myetherwallet more than 1 account. As long as you can manage it properly and not get trapped by phishing site.
If we want too manage more and more MEW account's then we must definately look at securing them.
There are many phishing sites waiting to trap the users even the first result in the google search I mean the AdWords also shows a phishing address.
The best way is to bookmark the site and use that for future logins and we can use etherscan to check its balance. The lesser we login the more safe or account's will be.

This is one of the most advanced phishing scam link: (please don't click)
www.myetherwallet.cam

Nobody notices the full domain in a hurry

I also notice of that scam link on slack bot that always pop-up that ask for an update for your wallet. They hit more people and stole there eth wallet.

That's the problem people didn't foresee with the sort of service MEW offers. It's extremely vulnerable to phishing attempts. Don't be mistaken though, this has nothing to do with MEW as a service, it's just a problem of accessing something through the web. People have to learn to be wiser than clicking on links and entering their info.

As soon as you "login" to a website and see details that aren't right, immediately lose all cookies, go to correct website. Change PW.
full member
Activity: 294
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September 24, 2017, 12:42:20 PM
#58
Yes you can, but don't forget or confuse private keys
full member
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September 24, 2017, 12:40:11 PM
#57
You can have as many myetherwallets addresses as you wish. The problem is how you can keep track of the addressess and private keys. And ensure they are kept in good security.

It is recommended to have a hotwallet and cold storage address:

Hotwallet: Minimum amount of ETH/Tokens that you need to use regularly.

Cold storage: Long term investment. Private keys should never be exposed with a computer with internet security.

How can you hide your private keys from a computer with internet? The wallet itself is being created via internet. Then you need 100% internet to create one. So you'll use internet.
sr. member
Activity: 784
Merit: 259
September 24, 2017, 12:38:31 PM
#56

Can I have two myetherwallets.As it is a web based wallet I think it is possible to have.What are your suggestions?



Ohw yeah you can have it and you better have it for different purposes. I'm using more than five for different tokens because I'm afraid of loosing them in single shot if my account get hacked by any means.


This decision I have taken because I have been through a phishing attempt when I started with altcoins. Somebody sent me mail regarding change of private keys or shit like that and when clicked the link then there was same website or look alike site to my ether wallet which asked me for private keys. This could have led to chaos so from then now I use different mew for different tokens.

A lot of fake mail like myetherwallet is coming now. Everyone should be careful. slack comes from the slack groups.
full member
Activity: 253
Merit: 100
September 24, 2017, 12:25:55 PM
#55
You can have as many myetherwallets addresses as you wish. The problem is how you can keep track of the addressess and private keys. And ensure they are kept in good security.

It is recommended to have a hotwallet and cold storage address:

Hotwallet: Minimum amount of ETH/Tokens that you need to use regularly.

Cold storage: Long term investment. Private keys should never be exposed with a computer with internet security.
Ctn
sr. member
Activity: 644
Merit: 259
September 24, 2017, 11:50:24 AM
#54

Can I have two myetherwallets.As it is a web based wallet I think it is possible to have.What are your suggestions?



Ohw yeah you can have it and you better have it for different purposes. I'm using more than five for different tokens because I'm afraid of loosing them in single shot if my account get hacked by any means.


This decision I have taken because I have been through a phishing attempt when I started with altcoins. Somebody sent me mail regarding change of private keys or shit like that and when clicked the link then there was same website or look alike site to my ether wallet which asked me for private keys. This could have led to chaos so from then now I use different mew for different tokens.
hero member
Activity: 2184
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September 24, 2017, 09:51:31 AM
#53
what happen if the website MEW is hacked?

it's means that any wallet can be hacked?
I think should would be used your privatekey in other wallet, That means if as long as your private key still safe and your amount will be safe although the mew got hacked by the hackers.
But just like parity there is a possibility to be hacked.
full member
Activity: 450
Merit: 122
September 24, 2017, 09:42:50 AM
#52
Why you want to new myetherwallet account.What did happen to your other wallet it s hacked or something because i never need to change my ether wallet
legendary
Activity: 2380
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September 24, 2017, 09:35:35 AM
#51
Yeah make as many as you want. i have one for each different token to minimize loss if i get hacked.
Like @defunctec mentioned, this approach is overkill and most likely to fail by management hickups.
And I voice doubts that your redundancy is safe from the same hack, like all wallets maintained from single desktop.
Or two completely similar desktops, featuring the very same security leak.

Just a small advice from someone stupid who transitioned 8+6 IOTA wallets.
full member
Activity: 224
Merit: 113
September 24, 2017, 09:33:37 AM
#50
Can I have two myetherwallets.As it is a web based wallet I think it is possible to have.What are your suggestions?
You can have as many as you want , just keep all your private key safely .
sr. member
Activity: 686
Merit: 257
September 24, 2017, 09:27:21 AM
#49
what happen if the website MEW is hacked?

it's means that any wallet can be hacked?

As far as I know of, MEW do not save private key. Therefore, the ETH wallets should stay safe if MEW is hacked.
I am not sure whether the hacker can access your wallet if the hack happens when you are accessing your wallet. Hope some experts can clarify on this point.
newbie
Activity: 60
Merit: 0
September 24, 2017, 08:46:36 AM
#48
you can have as many as you want but make sure the security of every wallet you made.
hero member
Activity: 3080
Merit: 603
September 24, 2017, 08:33:08 AM
#47
Can I have two myetherwallets.As it is a web based wallet I think it is possible to have.What are your suggestions?
Yes there is no restriction on creating myetherwallet account and in fact that you can create a lot of it. What came to your mind about asking this thing? But I would prefer to have only one but if you prefer to have many MEW accounts at the same time it's up to you. My suggestion is that use only one, what will be the purpose of having many accounts there? Just keep your private key.
hero member
Activity: 1568
Merit: 511
September 24, 2017, 08:17:50 AM
#46
Yeah you can even have 3 or more

Anyhow remember to protect your priv key and don't mess up when you have too many account xd
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