Cryptocurrency

Ethereum Announce Launch Of Wallet

Devcon1 centered on a straightforward challenge: reaching people who have no interest in understanding how blockchain technology works. The software needed to bridge developers and regular users. Ale

By Ray Crawford··1 min read
Ethereum Announce Launch Of Wallet

Key Points

  • Devcon1 centered on a straightforward challenge: reaching people who have no interest in understanding how blockchain technology works.
  • The software needed to bridge developers and regular users.

Devcon1 centered on a straightforward challenge: reaching people who have no interest in understanding how blockchain technology works. The software needed to bridge developers and regular users.

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Alex van de Sande designed the wallet. His diagnosis: "I know for a fact, the average user is not a developer and that is what Ethereum has been so far, a tool for developers. The purpose of the wallet is actually to breach the gap between the developer and the power user so that if you want to learn more you can, if you want to develop you can, but I hope you don't need it."

Last night Ethereum released the wallet. Users can now hold and send Ether and other Ethereum-based cryptocurrencies through a graphical interface. They can create and interact with smart contracts without touching a terminal.

George Hallam runs external relations at Ethereum. He explained the approach: "What we're doing with the wallet is making Ethereum accessible to everyone. With the new graphical user interface and some very clever design decisions, we hope to give any user, regardless of their technical ability, the chance to create value with smart contracts on the Ethereum blockchain."

Ethereum has published tutorials on how to build your own cryptocurrency without touching a line of code and how to build a better democracy in under a hundred lines of code. The wallet makes both accessible to people without coding experience.

MiningPool content is intended for information and educational purposes only and does not constitute financial, investment, or legal advice.

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