MyEtherWallet, a free, open-source, client-side tool for easily and securely interacting with the Ethereum Blockchain, has launched the alpha version of its new open source Ethereum Blockchain explorer, named EthVM. The company’s latest version of EthVM demonstrates data from the Ropsten network, an Ethereum testnet. EthVM will be vying with the current leading Ethereum Blockchain explorer, Etherscan, according to the company.
As part of the launch, MyEtherWallet has asked users to report their feedback on the tool, with saying that EthVM is still in Alpha, users have to report any issues and recommendations, and support the company to advance the platform. However, at the beginning of February, it was reported that the users of MyEtherWallet and Electrum are currently facing phishing attacks. Moreover, by assessing the Ethereum chain, a recently published study report revealed that more than 80 percent of the total Ethereum in circulation is controlled by 7,572 addresses. It also asserted that the price of Ethereum has fallen down an average of 19 percent after each of the past five hard forks.
In February, MyEtherWallet, in conjunction with crypto finance platform, Bity, has released a fully-regulated crypto-to-fiat withdrawal system, named Exit-to-Fiat gateways, which doesn’t have need of users to pass Know-Your-Customer (KYC) checks. Its Exit-to-Fiat gateway that will enable Cryptocurrency holders to exchange their digital assets, including Bitcoin (BTC) and Ether, into euros (EUR) or Swiss francs (CHF). As per the reports, the current limit for KYC-less transfer is anywhere up to 5,000 CHF, nearly USD 5,000 at the present exchange rate.