Software Alternatives, Accelerators & Startups

VerifiedCreators VS MyEtherWallet

Compare VerifiedCreators VS MyEtherWallet and see what are their differences

VerifiedCreators logo VerifiedCreators

VerifiedCreators is the first native and public Non-KYC verification platform built from the ground up (specifically) for DeSo creators and investors.

MyEtherWallet logo MyEtherWallet

MyEtherWallet is a free, open-source, client-side interface.
  • VerifiedCreators Landing page
    Landing page //
    2023-04-23
  • MyEtherWallet Landing page
    Landing page //
    2023-04-05

VerifiedCreators features and specs

  • Credibility Boost
    VerifiedCreators offers a badge of verification that can enhance the credibility of creators, helping them stand out and gain trust from their audience.
  • Increased Visibility
    By being part of a verified network, creators are more likely to be recommended and featured, potentially increasing their reach and audience size.
  • Networking Opportunities
    The platform provides opportunities for collaboration and networking with other verified creators, which can lead to new projects and exposure.
  • Monetization Support
    Creators may have access to exclusive monetization opportunities and resources to help them turn their content into revenue.

Possible disadvantages of VerifiedCreators

  • Verification Process
    The process of becoming verified might be stringent and time-consuming, possibly deterring some creators from applying.
  • Cost Implications
    There may be fees associated with the verification process or maintaining a verified status, which could be a barrier for some creators.
  • Platform Dependency
    Relying heavily on the VerifiedCreators platform could make creators vulnerable to changes in platform policies or algorithms.
  • Exclusivity Concerns
    The exclusivity of the platform could create a divide between verified and non-verified creators, potentially causing friction within the creator community.

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.

VerifiedCreators videos

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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 VerifiedCreators and MyEtherWallet)
Crypto
17 17%
83% 83
Cryptocurrencies
0 0%
100% 100
Tech
100 100%
0% 0
Cryptocurrency Wallets
0 0%
100% 100

User comments

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Reviews

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

VerifiedCreators Reviews

We have no reviews of VerifiedCreators 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 more popular. It has been mentiond 55 times since March 2021. 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.

VerifiedCreators mentions (0)

We have not tracked any mentions of VerifiedCreators yet. Tracking of VerifiedCreators recommendations started around Oct 2021.

MyEtherWallet mentions (55)

  • WELCOME NEWCOMERS!!๐ŸŽ‰๐ŸŽ‰
    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: about 3 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: about 3 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: about 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: over 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 VerifiedCreators and MyEtherWallet, you can also consider the following products

VerifyKit - Enables quick access to your web and mobile applications.

Toshi - A browser for the Ethereum network

Me My Suit & Tie - Me My Suit & Tie is an online shop that offers a wide range of menswear essentials.

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

0xcert - Your ID, degree or house. 0xcert-ified on the blockchain

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