Ethereum Mist Multi-Signature Wallet Review

Ethereum Mist Wallet DAPP wallet review

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https://github.com/ethereum/mist/releases

Complex Ease of use, High Privacy, User Private Keys Stored

Overview
Security
User Experience

Ethereum Mist Wallet DAPP is a desktop hybrid application with a web interface. It's mostly suited for developers, due to the fact that the set-up requires computing skills and a thorough understanding of how Ethereum Blockchain works. Ethereum Mist Wallet allows users to be in control of their private keys and has high security standards.

Ethereum Mist Wallet DAPP is the light version of official Ethereum Wallet. It has the same functionalities as the Ethereum Wallet, users can deploy or watch smart contracts inside the platform. This software allows funding the account with Bitcoin through Shapeshift.io or by a credit card (US only) through Coinbase. Coinbase also allows you to top up from your bank account.

Company / organization behind the wallets

The Ethereum Mist Wallet Dapp is maintained as an official Ethereum wallet, created by the same developers who are responsible for the Ethereum ecosystem. Ethereum is developed by a worldwide team of passionate developers for the Ethereum Foundation, a Swiss nonprofit organization.

Crypto Currencies Support

Ethereum (ETH)

Language Support

Albanian
Chinese
Dutch
English
French
German
Italian
Japanese
Korean
Norwegian
Persian(Farsi)
Portuguese
Russian
Spanish
Taiwanese
Ukrainian

Supported Systems

Windows
OSX
Linux

Partners and integrated software

Coinbase
Shapeshift.io
Etherescan.io

Given the fact that the user is in control of the private keys for their Ether transactions this wallets stands out as being highly-secured. As Mist is still under a security audit, the developers suggest not visiting untrusted DApps with the Mist browser in order to reduce risks. This is not 3-rd party software, having the same security standards as the Ethereum Wallet.

Summary:

Security

Average

2 Factor Authentication

Yes

Multi-Signature

Private Keys Stored On

User

Storage Type

The user may choose hot or cold storage and is responsible for the set up

Transactions Validation

SPV or Lightweight client

Hierarchical Deterministic

Yes

What happens in the event of a disaster/theft/loss?

All funds in the wallet are lost.

This wallet is definitely not for the average user, having many development options inside it. Users should be advised to use this wallet only if they have development skills and a full understanding of how the Ethereum blockchain and validation works.

Summary:

One of the biggest advantages of using this wallet is the fact that the users are in full control of their private keys but taking in consideration that the set-up and usage is complex, this wallet remains a choice only for those desktop users that have advanced computing skills and a full understanding about how the Ethereum ecosystem works.

Ease of use

Complex

Suitable For

Industry insiders

Account activation process

Comprehensive

Transaction fees

Dynamic Transaction fees

Setup fee

$0.00

Functionality:

Buy coins using bank account
Buy coins using credit card
Exchange coins crypto to crypto

The wallet platform allows you to access third party services without sharing your private keys (the signature process happens on the wallet platform.)

Help and
support: