Keeping your tokens on the stock exchanges may not make sense in terms of your security. For this reason, your private key wallets will increase your security. One of these wallets, MyEtherWallet allows you to open an Ethereum wallet in a free and easy way. I Etherea and ERC20 You can safely store your Tokens in the Ethereum Blockchain with this wallet.
How to open it?
1- Creating wallets
myetherwallet When you enter the site you will see a screen as follows. After you enter the password you have selected, you can create your wallet by clicking ”Create New Wallet Seç button.
2- File backup
After entering the password, your wallet was created. Download Keystore File Clicking the button UTC Download the file specific to you on your computer and make sure you keep it in a safe place.
3- Private Key backup
In the same way, save your private key on the next screen. With this private key, your wallet is in danger when sent to someone else because it can be sent from your wallet.
Your wallet is ready for use. When you want to reach the wallet To Myetherwallet enter and located at the top right wiev wallet info Click. If you want to enter with the file and password starting with UTC, saved as input method Keystore / JSON File if you want to enter your private key Private Key Select.
How to Send and Receive in Wallet?
Send Ether & Tokens After you click on the wallet, you will see a screen:
Ethereum Collection: The one on the right account address The address below is your Ethereum wallet address. Ethereum and token will be sent to your account automatically when you send to this address.
Sending Ethereum: The address you want to send To Address the amount you want to send to the space below Amount to Send When you type Generate Transaction You can start sending by clicking the button. If you are unfamiliar with this, I recommend that you do not change the number in the Gas Limit section.
note: If you want to send a Token from your Ethereum wallet, you need to have a small amount of ETH in your wallet.
Important Events with Ethereum Upgrade
Long-awaited Ethereum upgrade (constantiople)will bring major changes to Ethereum Improvement Proposals (EIPs), Ethereum Development Offers, which will affect many things, such as basic protocol features, customer APIs and contract standards.
The official announcement says the planned update will take place on February 28, at the block number 7,280,000.
The exact date according to the Ethereum blocks is unclear and may change.
Ethereum Constantinople Hard Forks from here You can reach.
- Ethereum (@ethereum) February 23, 2019
Let's take a look at the important features that will come with Ethereum update:
What are these Updates?
To avoid security vulnerabilities, the Ethereum development team announced that there would be two hardfork in the same block on the network.
The first fork will apply all proposed changes, while the second 'St. Petersburg' voucher will neutralize the protocol in which the problems are detected.
What Changes Will We See?
- ‘Difficutly bomb'will be postponed.
- Mine awards will fall from 3 to 2 ETH.
- The chain will be able to interact with addresses that don't exist yet.
- This upgrade will make transactions on the chain cheaper. (Less gas will be needed.)
Is there something miners should do?
According to the Ethereum blog, all you have to do as a miner is to download the latest version of your Ethereum client.
If you decide not to upgrade, you will follow the old rules and follow the wrong chain and become unable to send ETH. In short, you will be unable to work in the Ethereum network.
Is There Anything That Ethereum Investors Should Do?
If you're not a miner, there's absolutely nothing you need to do.
If you are using stock market (such as Coinbase, Kraken or Binance), web wallet service (such as Metamask, MyCrypto or MyEtherWallet), mobile wallet service (such as Coinbase Wallet, Status.im, or Trust Wallet), or into a hardware wallet (for example, Ledger, Trezor, or KeepKey you do not need to do anything unless you are asked to take additional steps.
How to Create Ethereum Paper Wallet?
Paper wallets are one of the safest ways to protect your crypto coins. With Ethereum Paper Wallet you can improve the safety of your Ethereum and ERC-20 token. Basically, an Ethereum paper wallet is the way your Private and Public keys are written on paper to access and process your wallet.
For Bitcoin ”How to Prepare a Bitcoin Paper Wallet“ write us from here You can reach.
A wallet with code on it might seem a little odd to some. However, it is the safest way to store your ETHs. Paper purses provide an outstanding advantage over other traditional crypto-money storage techniques. It can make you feel more comfortable to feel that you can store your etherler in your home, in your safe, in a safe way and even by hiding in your garden.
Advantageously, the paper wallet is not connected to the internet. Therefore, no hacker can access your crypto coins. To find a potential thief, your wallet and your crypto currency information, you will have to break your vault or dig your backyard.
On the other hand, paper wallets are not recommended for those who want to gain money by buying and selling in market fluctuations, although they are attractive for users who do not want to access frequently after storing. Because transferring from paper wallet can be quite tedious and time consuming compared to online wallets.
If you are a ”hodler tam who wants to keep a long-term store, the paper wallet is for you. Now let's see how your wallet is prepared.
myetherwallet Preparing Paper Wallets
Important: When visiting MyEtherWallet, please make sure you are on the correct website.
Make sure you've bookmarked the correct URL and always visit the right site, never click on email, twitter, Facebook links.
After you go to the site, set a desired password. A combination of at least 15 different characters, including special characters and upper and lower case letters, is quite suitable for security. For your security, you must keep your password outside of your computer and note that this password will be required to access your Ethereum wallet.
After creating your password ”Create New Wallet“ Click the button.
After entering the password, you will be asked to download the keystore file - this means that the Ethereum wallet is saved as a file on your USB drive or personal computer; at this point Ore Download Keystore “ Press the button and download it.
At this point you have successfully created a paper Ethereum wallet; Now all you have to do is to print it by pressing the “Print, button.
Note that on your Ethereum paper wallet you will print, you have a public Ethereum address and a private key. Public address can be considered as the IBAN of any normal bank account; therefore it can be published. If you give this address to another person, that person can send you Ethereum.
However, if someone still seizes your private key written on your paper, it can access all the assets in your wallet.
In addition to printing a paper wallet, you can also download a JSON file from the website. The JSON file carries all the information of your Ethereum wallet. It can be downloaded, encrypted. However, to open this file, you must enter the password you originally set.
How Can I Get My Wallet?
Before using your newly created paper Ethereum wallet, it is better to transfer a small amount of ETH as a test. Once your test is successful, you can safely transfer more. To avoid any problems, it is recommended that you save the private address of your wallet to your computer while keeping your private key hidden elsewhere.
You will not transfer from your wallet to another location; etherscan You can use. You can only see Etherscan's content by entering your wallet address.
You can use MyEtherWallet to send from your wallet. Send Ether & Tokens You can send a JSON file or a private key to log in.
How to Open Ethereum Wallet with MyEtherWallet? How to Make / Receive? Gönder from here You can learn by reaching.
What will Ethereum Constantinople Hardforku change?
as known I Etherea On January 16, 2019, he will have a very important hardfork. What innovations will Ethereum Constantinople hardfork bring? What will change in the Ethereum network? Let's look at what should be known about this topic in this article.
The most well known is the Constantinople, but Ethereum will spend 3 different hardforks in January. Constantinople hardfork network 7080000 in the block, which will be held on January 16. Before that:
- Classic Vision Hard Fork - January 11, 2019: All Ethereum owners will receive 3 ETCV for each ETH kept in their wallets.
- Ethereum Nowa Fork - January 12, 2019: Ethereum owners will receive a 1: 1 ETN for each ETH in their wallets.
Of course, Ethereum Constantinople is the most important. Constantinople is part of a series of updates for the future of the Ethereum network. The main purpose is to make the network cheaper and more efficient. The most important feature of this update is that the Ethereum network is passed from the Proof of Work (POS) system to the Proof of Stake (POS) system. Ethereum wants to build a long-lasting system that can handle a global financial infrastructure by moving its Blockchain to a more secure and environmentally friendly PoS system.
Proof of Work and Proof of Stake from here You can reach.
I #Ethere Constantinople mainline hard fork scheduled for block # 7080000, estimated around the 16th of January, 2019!
- Péter Szilágyi (@peter_szilagyi) December 7, 2018
Constantinople is one of the milestones on the road to Ethereum 2.0 on the Ethereum road map. The second phase of the development phase, called Metropolis, was followed by Byzantium in October 2017.
When Fork is enabled, the nodes running the new software will run on the new fork. As old nodes that continue to work in the previous chain will no longer be insignificant, the coins on the old fork will probably be worthless.
Unlike hardfork that produces two different crypto currencies, this fork is krundisputedGel, which means that the community has adopted the update. So far, the latest versions of all major Ethereum customers have already been added to the update, and the core developer team said they are confident in the new version scheduled for their meeting on January 4 and will not create a new chain.
5 Updates to Ethereum Constantinople
There are 5 main changes that make up the Constantinople update. Most of the changes are related to performance because Ethereum has started to experience more competition with other faster platforms.
To address this concern, Ethereum developers are developing the Ethereum Virtual Machine (EVM). the evm'y Smart Contracts you can think of it as the engine applying the code.
The mentioned 5 different developments Ethereum Improvement Offers (EIPs) so called Ethereum Development Offers.
Especially important for miners EIP 1234, it reduces the mining award per block from three to three. The difficulty bomb will make it increasingly difficult for the miners to unblock the blocks until they cannot make a profit, which will facilitate the transition of the protocol to the PoS system.
The other four EIPs are either new developer codes or are intended to optimize existing codes for Ethereum smart contracts. EIP 145provides a natural bit-shifting process that allows dApp developers to optimize specific processes for saving gas.
EIP 1014allows users to interact with addresses that have not yet been started in the block chain.
EIP 1052introduces a new opcode to generate specific address hash types.
Finally, EIP 1283proposes a change in gas measurement in the current 'SSTORE' opcode, which will provide new functionality and reduce gas costs.
Generally, Many of the updates aim to reduce the costs of gas or simplify the lives of developers, reducing the complexity of common tasks.
Constantinople brings only minor changes, but it sets the foundation for the transition to Proof of Stake. Improvements are aimed at reducing energy consumption from mining, while Ethereum's strategy is to increase its long-term network capacity.
However, it is difficult to predict how changes in Ethereum mining awards will affect the ETH price. The ETH price from $ 80 to $ 155 after the announcement of the Hardfork will show how it will take shape after the hardfork.
As we have seen in the Bitcoin Cash bifurcation, even though we think that the bifurcation is damaging to the network, this risk appears to be quite low as two different chains will not form in the bifurcation.
In general, this is felt as a system update rather than a hardfork. This makes Constantinople hardfork very important as it prepares a ground for the planned Plasma and Casper hardfork.
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