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Topic: New and like to use MEW, heres how :) - page 3. (Read 419 times)

newbie
Activity: 84
Merit: 0
September 03, 2018, 04:43:00 PM
#2
Actually MEW is known as MY Ethereum Wallet based on this is really great to use and safe and secure also it is handy but newbie’s are little scared based on its steps but overall this is really helpful and good to use.
jr. member
Activity: 150
Merit: 6
September 01, 2018, 09:56:25 AM
#1
Hi all!

Alot of times someone ask how to create a MEW, or My Ether Wallet. The reason for this is that it all seems like high math to alot  off people ( including myself 1.5 years ago Smiley

I found some good explainations on the internet, both text and video, wich helped me alot to overcome that step to make a own wallet!

So to start what is MEW?

MyEtherWallet is an open source, javascript, client-side tool for generating Ethererum Wallets & sending transactions. Created by kvhnuke and tayvano.

MyEtherWallet gives you the ability to generate new wallets so you can store your Ether yourself, not on an exchange. This process happens entirely on your computer, not our servers. Therefore, when you generate a new wallet, you are responsible for safely backing it up.

MyEtherWallet.com & MyEtherWallet CX are not "web wallets". You do not create an account or give themyour Ether to hold onto. All data is created on our computer/your browser, not theirservers. It's not a website where you put your Ether and theystore itfor you. Theyjust make it easy for you to save your wallet information in your browser/on your computer. Then theygive you a place where you can access that information and do stuff with it. TLTR:)

So,
My Ether Wallet is not a standard Web Wallet. It does not allow you to create an account and to store your Ether on their servers, they simply allow you create a wallet, which is yours to store and keep SAFE!

Safe is probally the most important word in here.
Always keep your private keys to yourself! Make hardcopies of them, at least 2 and store those on different locations! ( in case of fire etc ). Also if you are all into nice little airdrops or you want to become the nect bounty hunter in town, remember  to use different MEW wallets to store your value and your airdrops etc. Its the safest way for you!

Here are the links to the vids and text tutorials.
https://coinsutra.com/myetherwallet-step-step-introduction-guide-beginners

https://www.google.nl/amp/s/www.cryptocompare.com/wallets/guides/how-to-use-myetherwallet/%3faltTemplate=WebPageAMPGuide

https://m.youtube.com/watch?v=phht73IvUDI
https://m.youtube.com/watch?v=ZM0OTDYuL2M&t=20s

I really hope this will be the bridge for many to use MEW!, nevertheless i recommend hard wallets for sure! It all depends on the value imo. Lets make crypto accepted and easy to understand together.

Greetings! Cool

Sources: bitcoinwiki
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