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MyEtherWallet’s CEO believes that blockchain expertise must be used to buid decentralised merchandise.
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The CEO added that MyEtherWallet stays a decentralised pockets as a result of that’s the easiest way to make use of blockchain expertise.
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He added that MyEtherWallet doesn’t have plans to do an airdrop but.
Decentralisation is how blockchain must be used
Kosala Hemachandra, CEO of MyEtherWallet, informed Cointelegraph in a recent interview, that he believes blockchain expertise must be used for decentralised functions.
In line with the CEO, creating centralised merchandise defeats the aim of utilizing blockchain technology. He mentioned;
“Blockchain, at its core, is a decentralised answer, so why would we create merchandise which might be centralised? As a result of we’re defeating the entire function of utilizing blockchain.”
Self-custody has been gaining traction within the cryptocurrency area for the reason that collapse of the FTX crypto exchange two months in the past.
MyEtherWallet stays one of many oldest noncustodial wallets within the Ethereum ecosystem. In line with the CEO, the pockets went stay roughly two weeks after the Ethereum mainnet launch.
He added that the corporate continues to function as a decentralised pockets as a result of it believes it’s the solely correct method to make use of blockchain expertise.
MyEtherWallet not planning on doing an airdrop quickly
Hemachandra revealed that MyEtherWallet is just not planning on doing an airdrop or launch its token quickly. The CEO mentioned the corporate doesn’t see any use case for their very own tokens for the time being.
Nevertheless, the corporate is engaged on sure options to allow it to compete with Meta Masks, one other main Ethereum-focused pockets.
MyEtherWallet shall be including assist for extra blockchain networks, and it just lately launched a multichain browser extension. The CEO revealed that MyEtherWallet recorded a surge in customers following the FTX saga as customers search for decentralised options to storing their belongings.
In the meanwhile, MyEtherWallet has greater than three million customers, most of them in the US and Japan.