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MyCrypto revamps & launches new multi-account Ethereum Wallet manager

By Pavithra R

February 03, 2021

  • Mycrypto
  • UK
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Taylor Monahan, Founder & CEO of MyCrypto

MyCrypto, an open-source, client-side tool for interacting with the blockchain has announced the launch of a new version of the platform.

The new MyCrypto’s platform empowers users to manage all of their Ethereum accounts in one place. While other interfaces offer single-account management or read-only multi-account viewing, MyCrypto is going one step further by allowing users to take action upon all of their Ethereum accounts from their MyCrypto Dashboard.

Part of the launch also includes ‘Protected Transactions,’ a feature designed to prevent sending money to scams. Additionally, the launch consists of a top-down rebuilding of the entire platform’s design, a membership subscription, and a laundry list of UX-enhancing features.

The launch comes at a time when the Ethereum ecosystem is seeing a massive increase in adoption:

  • In December 2020, Ethereum 2.0 took the first steps towards launch.
  • Blockchain and cryptocurrency are gaining attention worldwide due to the recent $GME, r/wallstreetbets, and Robinhood happenings.
  • The number of unique Ethereum addresses recently surpassed 130 mn.

“This increase in adoption comes with the demand for easier access to multiple accounts. It’s a common practice for users to have multiple accounts to help preserve their privacy and anonymity, and we’re adjusting to meet these needs,” said Taylor Monahan, Founder & CEO of MyCrypto. 

Founded in 2018, MyCrypto is a U.S.-based open-source interface for digital assets, developed by and for the community, by Taylor Monahan, a co-founder of MyEtherWallet. Taylor’s vision is to provide a platform that allows users to manage their cryptocurrency safely, securely, and with peace of mind.

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