Now that Ethereum Classic is becoming a lot more popular, the quest to find a proper wallet solution is in full effect. There are quite a few different wallet solutions out there for ETC users, although some of them are slightly “better” than others. It all comes down to personal preference and the choice between a hardware and software solution. Below are some of the top wallet solutions for Ethereum Classic users available today.
People who are looking for a hot wallet solution for Ethereum Classic can always take a look at Jaxx. It is a very powerful mobile wallet supporting dozens of different cryptocurrencies and tokens. However, Jaxx should never be considered to be a long-term funds storage solution by any means, due to their issues with the mnemonic seed recovery. It is a good solution to store small amounts of Ethereum Classic for spending purposes, but not to store your life savings by any means.
Similar to the Ethereum Parity wallet, there is an Ethereum Classic version of this solution. This particular wallet is developed by Gavin Wood and his team and supports both Ethereum and Ethereum Classic. It is good to see support for both currencies within the same wallet created by Ethereum developers, that much is certain. There is no reason for the bad blood between ETH and ETC supporters, even though there are some political disagreements to take into account.
Ethereum users will be all too familiar with MyEtherWallet, a prominent platform among ETH users. The Ethereum Classic fork of this platform goes by the name of Classic Ether Wallet, and offers the exact same features. Users can access Classic Ether Wallet through the web browser or run the open source client on their own computer for additional security. Classic Ether Wallet also includes support for future ICO tokens hosted on the Ethereum Classic blockchain, assuming such projects will come to fruition moving forward.
It is worth mentioning there is a dedicated Classic Ether Wallet Chrome plugin as well. It provides all of the same functionality as the browser and desktop version but runs inside the Chrome browser at all times. Ethereum Classic users will be more than pleased to have so many different options at their disposal right now. It will help the Ethereum Classic ecosystem grow as a whole, which is never a bad thing.
Some people may be surprised to learn the Mist Wallet can support Ethereum Classic, assuming it is downloaded from the correct GitHub repository. This particular wallet is currently being developed by the Ethereum Foundation, although there is a different forked version developed by Ethereum Classic developers. The Mist wallet provides a lot of functionality, and it is good to see this recognized offering being made available to Ethereum Classic users as well.
There is no better way to keep your ETC funds safe than by using a hardware wallet. The
Ledger Nano S is of great value in this regard, as it provides ETC, ETH, XRP, and BTC support. Getting your hands on the Ledger Nano S may be a bit difficult at times, though, since they seem to be selling quite quickly. Hardware wallets provide maximum security, this it is only normal to see such high demand for these products.If you liked this article, follow us on Twitter @themerklenews and make sure to subscribe to our newsletter to receive the latest bitcoin, cryptocurrency, and technology news.
Back into Spotlight: Tron Network Fee Cut Could Push TRX to ATH, But This DeFi…
Shiba Inu (SHIB) gave enormous returns in 2021, making many early holders millionaires. After the…
Spooky season might be over but doom is still looming as Ripple’s XRP falls below…
Three promising altcoins are causing a stir among investors this November: Avalanche (AVAX), Cardano (ADA),…
Everyone knows what the hottest crypto can do. When it was so hot it was…
The Tron network has witnessed incredible growth in several areas, especially in its adoption, which…