Software Alternatives, Accelerators & Startups

Bitbonkers VS MyEtherWallet

Compare Bitbonkers VS MyEtherWallet and see what are their differences

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Bitbonkers logo Bitbonkers

Realtime Bitcoin transaction visualizer

MyEtherWallet logo MyEtherWallet

MyEtherWallet is a free, open-source, client-side interface.
  • Bitbonkers Landing page
    Landing page //
    2022-01-18
  • MyEtherWallet Landing page
    Landing page //
    2023-04-05

Bitbonkers features and specs

  • Visualization
    Bitbonkers provides a unique and engaging way to visualize Bitcoin transactions in real-time, making it easier to understand and analyze blockchain data.
  • User Engagement
    The interactive interface keeps users engaged and allows them to explore Bitcoin transactions in a gamified manner.
  • Educational Tool
    Bitbonkers can be used as an educational tool to demonstrate how Bitcoin transactions are processed, which can be beneficial for teaching and learning about blockchain technology.
  • No Account Required
    Users can access Bitbonkers without the need to create an account or provide personal information, ensuring ease of access and privacy.

Possible disadvantages of Bitbonkers

  • Limited Depth of Information
    While the visualization is engaging, it may not provide the depth of information necessary for those seeking detailed analysis of Bitcoin transactions.
  • Performance Issues
    Depending on the user’s hardware and internet connection, the real-time 3D rendering may cause performance issues or lag.
  • Not Suitable for All Users
    The gamified nature of the tool might not appeal to users seeking a straightforward or traditional analysis platform.
  • No Multi-Currency Support
    Bitbonkers is specifically focused on Bitcoin, lacking support for other cryptocurrencies, which limits its utility for users interested in a broader range of digital assets.

MyEtherWallet features and specs

  • User Control
    MyEtherWallet (MEW) is a non-custodial wallet, meaning users have full control over their private keys and funds, enhancing security and autonomy.
  • Open Source
    Being open-source software, MEW allows users and developers to review its code, enhancing transparency and security.
  • Compatibility
    MEW is compatible with various hardware wallets like Ledger and Trezor, providing additional security options for users.
  • Wide Range of Tokens
    MEW supports a wide variety of Ethereum-based tokens (ERC-20), making it versatile for different types of users and use cases.
  • Integrated with DeFi
    MEW offers integration with decentralized finance (DeFi) platforms, enabling users to easily access various DeFi services.
  • Web and Mobile Access
    MEW offers both a web interface and a mobile app, allowing users to access their wallets conveniently.

Possible disadvantages of MyEtherWallet

  • User Responsibility
    As a non-custodial wallet, users are fully responsible for managing their private keys. Losing keys means losing access to funds, and there is no way for customer service to recover them.
  • Phishing Risks
    Being a popular online wallet, MEW is often targeted by phishing attacks. Users must be cautious to ensure they are using the correct website.
  • Technical Knowledge
    MEW may require a certain level of technical knowledge to fully utilize its features, which could be a barrier for beginners.
  • Limited Support
    MEW has limited customer support compared to custodial wallets, which might be a challenge for users needing immediate assistance.
  • Security Risks
    Since MEW is primarily a web-based wallet, it can be vulnerable to online threats and hacking risks. Users need to implement strong security practices.

Analysis of MyEtherWallet

Overall verdict

  • MyEtherWallet is a good option for those looking to manage Ethereum and ERC-20 tokens. Its ease of use, security features, and flexibility make it a viable choice for both new and experienced cryptocurrency enthusiasts.

Why this product is good

  • MyEtherWallet (MEW) is popular among users for its ease of use, especially for beginners in the cryptocurrency space. It allows users to create wallets for Ethereum and ERC-20 tokens without the need for third-party software. MEW is also a non-custodial platform, meaning users have full control over their private keys and funds, enhancing security. The platform supports hardware wallet integration and provides a simple interface for managing Ethereum-based assets.

Recommended for

    MyEtherWallet is recommended for those who are comfortable managing their private keys and prefer a non-custodial solution to hold Ethereum and ERC-20 tokens. It is especially suitable for users who value integration with hardware wallets for enhanced security.

Bitbonkers videos

No Bitbonkers videos yet. You could help us improve this page by suggesting one.

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MyEtherWallet videos

How Create MyEtherWallet (MEW) Account | Complete Tutorial 2020

More videos:

  • Demo - How To Use MyEtherWallet: Demo & Review
  • Review - Setting Up & Using MEWconnect with MyEtherWallet

Category Popularity

0-100% (relative to Bitbonkers and MyEtherWallet)
Cryptocurrencies
15 15%
85% 85
Crypto
28 28%
72% 72
Cryptocurrency Wallets
15 15%
85% 85
App
100 100%
0% 0

User comments

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Reviews

These are some of the external sources and on-site user reviews we've used to compare Bitbonkers and MyEtherWallet

Bitbonkers Reviews

We have no reviews of Bitbonkers yet.
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MyEtherWallet Reviews

Top DeFi Wallets
In the earlier days, wallets such as MyEtherWallet dominated the market while providing clunky UI/UX. Fortunately, within the past year, many wallets have upped their game and are creating better interfaces with significantly better user experience.
Source: defirate.com

Social recommendations and mentions

Based on our record, MyEtherWallet seems to be a lot more popular than Bitbonkers. While we know about 55 links to MyEtherWallet, we've tracked only 1 mention of Bitbonkers. We are tracking product recommendations and mentions on various public social media platforms and blogs. They can help you identify which product is more popular and what people think of it.

Bitbonkers mentions (1)

  • Lots of large bitcoin transactions happening right now, watch them as they happen
    Here's the link if you want to check it out for yourself: https://privacypros.io/tools/bitbonkers/. Source: about 4 years ago

MyEtherWallet mentions (55)

  • WELCOME NEWCOMERS!!🎉🎉
    Never share your private key/recovery phrase (same thing in different form). I made one exception to this, which was to use myetherwallet.com to generate my private key from the reovery phrase, then use my private key to import my account into metamask. Source: over 2 years ago
  • MEW v5 sunsetting on October, 4th 2022!
    In order to prevent any issues with wallet access after the sunsetting of MEW v5, try out our current version of MEW at https://myetherwallet.com. Source: over 2 years ago
  • How to find and unstake HEX without Metamask access - is it possible?
    If you have the mnemonic seed phrase, you can find out what the corresponding Private Key/Ethereum address is, for example, with myetherwallet.com. However, any Ethereum wallet works for this, Electrum or Exodus are also legit choices and always safer choices than an online wallet provider. Source: almost 3 years ago
  • What is the absolute most secure way to create an Ethereum wallet?
    Visit website to create public and private key (like myetherwallet.com). Source: about 3 years ago
  • Lost 17,000 $ of ETH due to hacked Metamask wallet
    Thank you! I just checked that. The account is newly created, it was only connected to myetherwallet.com. Maybe the whole Metamask wallet was compromised so the hacker can access to all the accounts within it. Source: over 3 years ago
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What are some alternatives?

When comparing Bitbonkers and MyEtherWallet, you can also consider the following products

Calibra - Digital wallet for Libra cryptocurrency

Exodus.io - All-in-one app to secure, manage and exchange blockchain assets.

Trezor.io - The Hardware Bitcoin Wallet

Jaxx - Jaxx.io is a blockchain wallet available as desktop software, a mobile app, or as a Chrome extension

Ledger Nano S - A secure Bitcoin and Ethereum hardware wallet

Toshi - A browser for the Ethereum network