TrustRadius

Bitcoin Core vs. MyEtherWallet (MEW)

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
Bitcoin Core
Score 7.3 out of 10
N/A
Bitcoin Core is programmed to decide which block chain contains valid transactions. The users of Bitcoin Core only accept transactions for that block chain, making it, according to its supporters, the Bitcoin block chain others want to use.N/A
MyEtherWallet (MEW)
Score 0.0 out of 10
N/A
MyEtherWallet (MEW) is an open-source, client-side interface for generating Ethereum wallets. MEW helps users interact with the Ethereum blockchain, and allows the user to generate wallets, and interact with smart contracts.N/A
Pricing
Bitcoin CoreMyEtherWallet (MEW)
Editions & Modules
No answers on this topic
No answers on this topic
Offerings
Pricing Offerings
Bitcoin CoreMyEtherWallet (MEW)
Free Trial
NoNo
Free/Freemium Version
NoNo
Premium Consulting/Integration Services
NoNo
Entry-level Setup FeeNo setup feeNo setup fee
Additional Details——
More Pricing Information
User Ratings
Bitcoin CoreMyEtherWallet (MEW)
Likelihood to Recommend
7.0
(1 ratings)
-
(0 ratings)
User Testimonials
Bitcoin CoreMyEtherWallet (MEW)
Likelihood to Recommend
Open Source
Bitcoin Core is the canonical way to run Bitcoin. If you want to send or receive Bitcoin or understand how it works, installing and running Bitcoin Core is a must. If you are not a technical user, you may use Umbrel as a wrapper to Bitcoin Core, which will install it and manage it for you.
Verified User
Anonymous
Read full review
MyEtherWallet
No answers on this topic
Pros
Open Source
  • Simple, secure access to the Bitcoin blockchain
  • Open source, auditable and solid performance
  • Send and receive Bitcoin immediately
Verified User
Anonymous
Read full review
MyEtherWallet
No answers on this topic
Cons
Open Source
  • UX may seem clumsy the first time but it's getting better
  • It may take days to download the blockchain depending on your disk and bandwidth speed, but that's by design
  • Support for commercial hardware wallets is still missing, and I think they will keep it that way
Verified User
Anonymous
Read full review
MyEtherWallet
No answers on this topic
Alternatives Considered
Open Source
Electrum needs a Bitcoin Node to run. You can run your own Bitcoin Core service and connect it to Electrum for a full stack, self-custodial Bitcoin wallet. You may run a public Bitcoin Core node, so other people with Electrum use it to verify their transactions, helping the network work faster.
Verified User
Anonymous
Read full review
MyEtherWallet
No answers on this topic
Return on Investment
Open Source
  • It's free software so ROI is basically exponential
  • Our financial team now understands and has access to Bitcoin
  • Running Bitcoin Core helps add traction to the network and helps it to get adopted more
Verified User
Anonymous
Read full review
MyEtherWallet
No answers on this topic
ScreenShots