-
Bitcoin $83,253.5827
2.27% - Ethereum
$1,868.7713
0.29% - Tether USDt
$0.9999
0.03% - XRP
$2.2290
3.52% - BNB
$579.0105
4.97% - Solana
$123.8254
1.58% - USDC
$0.9999
0.01% - Cardano
$0.7170
-0.05% - Dogecoin
$0.1685
4.36% - TRON
$0.2236
0.81% - Pi
$1.7066
14.86% - UNUS SED LEO
$9.6858
-1.80% - Chainlink
$13.1552
2.75% - Hedera
$0.1946
-2.23% - Stellar
$0.2650
5.52% - Avalanche
$18.7530
9.26% - Shiba Inu
$0.0...01214
1.82% - Sui
$2.2430
1.87% - Litecoin
$89.2413
0.39% - Bitcoin Cash
$337.5309
1.42% - Toncoin
$2.6990
2.75% - MANTRA
$6.4530
2.52% - Polkadot
$3.9402
-0.54% - Ethena USDe
$0.9995
0.02% - Dai
$0.9999
0.00% - Bitget Token
$4.1905
1.48% - Hyperliquid
$12.8294
-4.85% - Monero
$208.6207
-0.38% - Uniswap
$5.7737
-1.22% - Aptos
$5.0785
-0.40%
What is MEW? What is MEW coin
MyEtherWallet (MEW) offers a noncustodial crypto wallet, granting users full control of their assets, while MEW Coin (MEW) serves as the ecosystem's utility token for rewards, governance, and cross-chain functionality.
Oct 14, 2024 at 10:42 am
What is MEW?
- Definition:
MEW is a noncustodial cryptocurrency wallet that provides users with complete control over their private keys and funds. Key Features:
- Decentralized: MEW is not controlled by any central authority, ensuring user sovereignty over their assets.
- Open Source: The wallet's codebase is publicly available, promoting transparency and allowing for independent security audits.
- Multi-currency: MEW supports a wide range of cryptocurrencies, including Ether (ETH), Bitcoin (BTC), and Binance Smart Chain (BNB).
- Smart Contract Interaction: Allows users to interact with decentralized applications (dApps) and execute smart contracts on the blockchain.
- Hardware Wallet Integration: Supports integration with hardware wallets such as Trezor and Ledger for enhanced security.
What is MEW Coin (MEW)?
- Definition:
MEW Coin (MEW) is the native token of the MyEtherWallet ecosystem, designed to reward users and incentivize platform development. Tokenomics:
- Total Supply: 1,000,000,000 MEW
Mechanism: Utility token used for:
- Staking for staking rewards
- Governance proposals
- Ecosystem development
- Cross-chain compatibility
Use Cases:
- Staking: Earn rewards by staking MEW in the MyEtherWallet Staking Program.
- Governance: Participate in community governance by voting on platform updates and improvements.
- Deflationary Mechanism: A percentage of MEW tokens are used to fund ecosystem development and are burned periodically, creating a deflationary mechanism.
- Cross-Chain Gas Fees: MEW can be used to pay gas fees for transactions on multiple blockchains, providing cross-chain compatibility.
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research！
If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.
- Kaanch Network: The Next Big Thing in the Cryptocurrency Market
- 2025-03-13 14:50:51
- U.S. CPI data strengthens expectations of a Fed rate cut this year, pushing Bitcoin back above $80,00.
- 2025-03-13 14:50:51
- Bitcoin, XRP, and Dogecoin Ride the Wave of Favorable Economic Winds
- 2025-03-13 14:50:51
- RWA Tokenization Company Securitize Selects RedStone Oracles as Its Primary Data Provider
- 2025-03-13 14:50:51
- Arichain Partners with Ankr to Enhance Blockchain Scalability and Improve Developer Accessibility
- 2025-03-13 14:50:51
- Ethereum (ETH) Has Hit Its Lowest Value Against Bitcoin (BTC) Since Mid-2020, Suggesting Altcoin Season Could Be Brewing
- 2025-03-13 14:50:51
Related knowledge
What are Pepecoin's competitors?
Mar 12,2025 at 08:31pm
Key Points:Pepecoin's success stems from its meme-driven nature and rapid community growth, but it faces competition from other memecoins and established cryptocurrencies.Competitors range from other memecoins with similar characteristics to established projects offering diverse functionalities.The competitive landscape is dynamic, with new projects con...
Does Pepecoin support anonymous transactions?
Mar 12,2025 at 04:50am
Key Points:Pepecoin, like most cryptocurrencies built on the Ethereum blockchain, does not inherently support anonymous transactions.Transactions are pseudonymous, meaning they are linked to public addresses, not directly to real-world identities.Privacy-enhancing technologies can be used in conjunction with Pepecoin to increase anonymity, but this come...
What are the partners in the Pepecoin ecosystem?
Mar 12,2025 at 07:31am
Key Points:Pepecoin's ecosystem is decentralized and lacks a formally defined "partnership" structure in the traditional sense. Instead, its growth relies on community engagement and interactions with various projects and individuals.Key players include developers, community members, exchanges listing Pepe, and influencers promoting the token.The lack o...
What is the technical architecture and underlying protocol of Pepecoin?
Mar 11,2025 at 11:50am
Key Points:Pepecoin, a meme coin, lacks a complex technical architecture. Its core functionality relies on the existing Ethereum blockchain infrastructure.Pepecoin's underlying protocol is the ERC-20 standard, inheriting its security and functionality from Ethereum.There are no unique or proprietary protocols developed specifically for Pepecoin.The simp...
What is the community governance model of Pepecoin?
Mar 11,2025 at 06:30pm
Key Points:Pepecoin, a memecoin, lacks a formally defined community governance model.Governance is largely decentralized and driven by community sentiment expressed through social media and online forums.Proposals for changes or improvements are often discussed informally, with no established voting mechanism.The lack of a structured governance model ca...
What is the mining mechanism of Pepecoin?
Mar 12,2025 at 07:56pm
Key Points:Pepecoin, unlike Bitcoin or Ethereum, does not have its own mining mechanism in the traditional sense. It operates on a proof-of-stake (PoS) system, meaning it doesn't require energy-intensive mining processes.Pepecoin's initial distribution involved a significant pre-mine, with a large portion of tokens allocated to the creators and early ad...
What are Pepecoin's competitors?
Mar 12,2025 at 08:31pm
Key Points:Pepecoin's success stems from its meme-driven nature and rapid community growth, but it faces competition from other memecoins and established cryptocurrencies.Competitors range from other memecoins with similar characteristics to established projects offering diverse functionalities.The competitive landscape is dynamic, with new projects con...
Does Pepecoin support anonymous transactions?
Mar 12,2025 at 04:50am
Key Points:Pepecoin, like most cryptocurrencies built on the Ethereum blockchain, does not inherently support anonymous transactions.Transactions are pseudonymous, meaning they are linked to public addresses, not directly to real-world identities.Privacy-enhancing technologies can be used in conjunction with Pepecoin to increase anonymity, but this come...
What are the partners in the Pepecoin ecosystem?
Mar 12,2025 at 07:31am
Key Points:Pepecoin's ecosystem is decentralized and lacks a formally defined "partnership" structure in the traditional sense. Instead, its growth relies on community engagement and interactions with various projects and individuals.Key players include developers, community members, exchanges listing Pepe, and influencers promoting the token.The lack o...
What is the technical architecture and underlying protocol of Pepecoin?
Mar 11,2025 at 11:50am
Key Points:Pepecoin, a meme coin, lacks a complex technical architecture. Its core functionality relies on the existing Ethereum blockchain infrastructure.Pepecoin's underlying protocol is the ERC-20 standard, inheriting its security and functionality from Ethereum.There are no unique or proprietary protocols developed specifically for Pepecoin.The simp...
What is the community governance model of Pepecoin?
Mar 11,2025 at 06:30pm
Key Points:Pepecoin, a memecoin, lacks a formally defined community governance model.Governance is largely decentralized and driven by community sentiment expressed through social media and online forums.Proposals for changes or improvements are often discussed informally, with no established voting mechanism.The lack of a structured governance model ca...
What is the mining mechanism of Pepecoin?
Mar 12,2025 at 07:56pm
Key Points:Pepecoin, unlike Bitcoin or Ethereum, does not have its own mining mechanism in the traditional sense. It operates on a proof-of-stake (PoS) system, meaning it doesn't require energy-intensive mining processes.Pepecoin's initial distribution involved a significant pre-mine, with a large portion of tokens allocated to the creators and early ad...
See all articles
