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Crypto’s go-to wallet forked as MyEtherWallet co-founder launches rival service
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Crypto’s go-to wallet forked as MyEtherWallet co-founder launches rival serviceCategory: Myetherwallet token list
Taylor Monahan, who start MyEtherWallet. Hemachandra has not moved over and remains committed to MEW, which is a community-driven service. Monahan added the following in a post :. MyEtherWallet will continue to be online until it, for whatever reason, is not online. As we do for a number of products in this space, if we at any point determine the domain to be compromised, serving malicious code, or otherwise detrimental to the community, we will do what we can to warn the community and prevent use of that codebase and website. However, we wish the best for MyEtherWallet and hope it continues to be a viable product in this space. MEW has become a staple product for anyone in crypto. MEW has arguably risen to become the go-to option for that, compatibility with secure hardware from Trezor and Ledger makes it popular with more serious crypto enthusiasts, too. Monahan, fellow MyCrypto. Your wallets have not been compromised, and you may continue to use MEW as intended. At present, however, we are investigating what we believe to be an improper, perhaps unlawful, social media account switch. Reasons for the split are not clear, but, reading between the lines of what Monahan wrote, it appears that the two MEW founders had different visions of the future for the service — which began as a side-project to both of their professional careers. Monahan explained on Medium that the rise of crypto, and in particular its growth in , took a toll given the important role MEW played. She said her sleep, routine, mental health and other areas became affected as the prices of Ethereum and other coins surged to amplify the volume of transactions passing through MEW. All the while, feedback from users grew from 20 requests on a busy day to thousands. Hemachandra, for his part, has said MEW will continue as before presumably with a focus on providing a community service, while Monahan looks to be developing a business around the MyCrypto. While MyCrypto. Monahan added the following in a post : MyEtherWallet will continue to be online until it, for whatever reason, is not online.