Software Alternatives, Accelerators & Startups

Bitcoin Knots VS MyEtherWallet

Compare Bitcoin Knots VS MyEtherWallet and see what are their differences

Bitcoin Knots logo Bitcoin Knots

Bitcoin Knots is a derivative of Bitcoin Core (since 2011 December) with a collection of...

MyEtherWallet logo MyEtherWallet

MyEtherWallet is a free, open-source, client-side interface.
  • Bitcoin Knots Landing page
    Landing page //
    2021-07-23
  • MyEtherWallet Landing page
    Landing page //
    2023-04-05

Bitcoin Knots features and specs

No features have been listed yet.

MyEtherWallet features and specs

  • User Control
    MyEtherWallet (MEW) is a non-custodial wallet, meaning users have full control over their private keys and funds, enhancing security and autonomy.
  • Open Source
    Being open-source software, MEW allows users and developers to review its code, enhancing transparency and security.
  • Compatibility
    MEW is compatible with various hardware wallets like Ledger and Trezor, providing additional security options for users.
  • Wide Range of Tokens
    MEW supports a wide variety of Ethereum-based tokens (ERC-20), making it versatile for different types of users and use cases.
  • Integrated with DeFi
    MEW offers integration with decentralized finance (DeFi) platforms, enabling users to easily access various DeFi services.
  • Web and Mobile Access
    MEW offers both a web interface and a mobile app, allowing users to access their wallets conveniently.

Possible disadvantages of MyEtherWallet

  • User Responsibility
    As a non-custodial wallet, users are fully responsible for managing their private keys. Losing keys means losing access to funds, and there is no way for customer service to recover them.
  • Phishing Risks
    Being a popular online wallet, MEW is often targeted by phishing attacks. Users must be cautious to ensure they are using the correct website.
  • Technical Knowledge
    MEW may require a certain level of technical knowledge to fully utilize its features, which could be a barrier for beginners.
  • Limited Support
    MEW has limited customer support compared to custodial wallets, which might be a challenge for users needing immediate assistance.
  • Security Risks
    Since MEW is primarily a web-based wallet, it can be vulnerable to online threats and hacking risks. Users need to implement strong security practices.

Bitcoin Knots videos

Bitcoin Knots GUI

More videos:

  • Review - #127 BTC Full Node, Wallet Security & Bitcoin Core + Bitcoin Knots

MyEtherWallet videos

How Create MyEtherWallet (MEW) Account | Complete Tutorial 2020

More videos:

  • Demo - How To Use MyEtherWallet: Demo & Review
  • Review - Setting Up & Using MEWconnect with MyEtherWallet

Category Popularity

0-100% (relative to Bitcoin Knots and MyEtherWallet)
Cryptocurrencies
12 12%
88% 88
Online Payments
100 100%
0% 0
Cryptocurrency Wallets
0 0%
100% 100
Linux
100 100%
0% 0

User comments

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Reviews

These are some of the external sources and on-site user reviews we've used to compare Bitcoin Knots and MyEtherWallet

Bitcoin Knots Reviews

We have no reviews of Bitcoin Knots yet.
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MyEtherWallet Reviews

Top DeFi Wallets
In the earlier days, wallets such as MyEtherWallet dominated the market while providing clunky UI/UX. Fortunately, within the past year, many wallets have upped their game and are creating better interfaces with significantly better user experience.
Source: defirate.com

Social recommendations and mentions

Based on our record, MyEtherWallet should be more popular than Bitcoin Knots. It has been mentiond 55 times since March 2021. We are tracking product recommendations and mentions on various public social media platforms and blogs. They can help you identify which product is more popular and what people think of it.

Bitcoin Knots mentions (8)

  • How many Bitcoin nodes run software other than Bitcoin Core?
    And as far as I know this is really the only alternate implementation that hasn't been completely abandoned, because it is too much of a pain in the ass to maintain an alternative. You are better of using and contributing your energy to core if you want it to function differently. Source: about 2 years ago
  • Alternative For Your Own Node
    I personally run Bitcoin knots on Windows: https://github.com/bitcoinknots or https://bitcoinknots.org/. Source: over 2 years ago
  • What if Bitcoin devs conspire?
    There are also other implementations, like Bitcoin Knots for example, so it would be almost impossible to have a consensus between everyone. Source: over 3 years ago
  • Who controls Bitcoin ?
    Bitcoin Knots. This is maintained by one developer, luke-jr, and he's on reddit. Source: over 3 years ago
  • Simple guide to download Bitcoin Core if you are having trouble
    And if for some reason you just can't get bitcoin core, you can also try bitcoin knots which is basically a different implementation of bitcoin core. Here's a description of this project. Source: over 3 years ago
View more

MyEtherWallet mentions (55)

  • WELCOME NEWCOMERS!!🎉🎉
    Never share your private key/recovery phrase (same thing in different form). I made one exception to this, which was to use myetherwallet.com to generate my private key from the reovery phrase, then use my private key to import my account into metamask. Source: over 2 years ago
  • MEW v5 sunsetting on October, 4th 2022!
    In order to prevent any issues with wallet access after the sunsetting of MEW v5, try out our current version of MEW at https://myetherwallet.com. Source: over 2 years ago
  • How to find and unstake HEX without Metamask access - is it possible?
    If you have the mnemonic seed phrase, you can find out what the corresponding Private Key/Ethereum address is, for example, with myetherwallet.com. However, any Ethereum wallet works for this, Electrum or Exodus are also legit choices and always safer choices than an online wallet provider. Source: over 2 years ago
  • What is the absolute most secure way to create an Ethereum wallet?
    Visit website to create public and private key (like myetherwallet.com). Source: about 3 years ago
  • Lost 17,000 $ of ETH due to hacked Metamask wallet
    Thank you! I just checked that. The account is newly created, it was only connected to myetherwallet.com. Maybe the whole Metamask wallet was compromised so the hacker can access to all the accounts within it. Source: over 3 years ago
View more

What are some alternatives?

When comparing Bitcoin Knots and MyEtherWallet, you can also consider the following products

Bitcoin Core - Bitcoin

Jaxx - Jaxx.io is a blockchain wallet available as desktop software, a mobile app, or as a Chrome extension

BrainyCP - Multi-functional server hosting control panel for Linux

Exodus.io - All-in-one app to secure, manage and exchange blockchain assets.

Curve - A curve.fi portal for swapping cDAI/cUSDC

Toshi - A browser for the Ethereum network