Metamask: Bringing Ethereum to your Browser

Metamask is a browser extension that allows you to interact with the Ethereum blockchain, all without downloading the entire data-filled blockchain. It’s a simple tool that allows you to use your cryptocurrency, all in your regular web browser. This will help more people access and use Ethereum dApps, without the technical know-how or need to download the whole blockchain and run a full node.

Metamask also functions as a web-based software wallet, so you can store your crypto here, but be aware that it is a ‘hot wallet‘ and it is risky to keep it here (read more about software wallets on our essential guide page).

Our video runs through the Metamask browser extension, and shows you how to set up and use certain features.

MyEtherWallet (MEW) Demo

In this video, we’ll be going over all the features offered by MyEtherWallet. MyEtherWallet (MEW) is a web interface that generates wallets for storing your cryptocurrency. It is compatible with multiple wallet types (see below), and is a web based system that allows you to create a wallet and send your crypto to it. This wallet is for Ether and ERC20 tokens (read more about ERC20 here and here).

MEW is not an online wallet/web wallet. It is an interface to create wallets… They do not store your keys, and as their site says:

“You are responsible for your security.”

What are Hierarchical Deterministic (HD) Wallets?

Securing your cryptocurrency is an essential factor of participating in blockchain technology networks. This Ask an Expert reviews HD wallets, which created a greater security for your crypto tokens. Taylor explains it below and some of the important aspects of HD wallets. You can read the script from the video below! Be sure to like this video if you enjoyed it, and subscribe to our YouTube channel for more Ask an Experts!

What are HD wallets?

Hierarchical Deterministic (or HD for short) is way of automatically generating new payment addresses based a series of special calculations.