![]() It’s never a good idea to store your private key on a computer that’s connected to the internet. txt file, say, a hacker with remote access could gain access to your wallet. If your PC is infected with malware and you store your private key in a. People are paranoid someone might steal their wallet’s private key and with it their ether and tokens. This means it is possible to generate an ethereum wallet offline. If you originally generated your wallet using MEW you could use that same public and private key to send and receive tokens via another website or client. MyEtherWallet (MEW) is just one of many ways to interact with the ethereum blockchain. I often see people saying things like “I store my tokens on MEW” – but this doesn’t really make sense. ![]() But only someone with the private key can access these tokens or transfer them. It essentially consists of two parts: a public key and a private key.Īnyone can send tokens to the public key. The best way to think of it is as a way of accessing information. It’s not stored on any single server or location. What is an ethereum wallet?Īn ethereum wallet is where you store your ether and ERC20 tokens.
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