KH
Kosala Hemachandra is the CEO of MyEtherWallet, a mobile wallet platform.
He discusses developments in the Ethereum blockchain, including updates on the Ethereum 2.0 Proof of Stake transition and MyEtherWallet's expansion into NFT functionality.
1Interview
2022First on the show
Jul 2022Latest appearance
28 minOn camera
28:14
Latest interview · Jul 11, 2022Kosala Hemachandra on MyEtherWallet's growth and the Ethereum 2.0 merge in 2022Watch the episode →
Key points
- MyEtherWallet began in 2015 as a simple interface solution when Ethereum users struggled with command-line wallet access during the initial coin offering boom.
- The platform expanded to support NFT functionality across all EVM-compatible chains including Ethereum, Polygon, and Binance Smart Chain.
- MyEtherWallet released EtherBlock, a generative art NFT collection where users could mint blocks representing significant personal or historical Ethereum moments.
- Non-custodial wallets like MyEtherWallet prioritize user security by ensuring individuals retain their own private keys rather than trusting centralized platforms.
- MyEtherWallet enables users to earn staking yields directly through their platform on Ethereum's proof-of-stake chain without requiring third-party yield platforms.
In their own words
“If it's secure enough to store that kind of information, it's definitely secure enough to store a private key for your wallet.”
“The moment you upload to another centralized party, you introduce new attack vectors.”
