The learning curve for blockchain and its related topics is steep. To this day, even those familiar with blockchain terminology need help to perform basic functions like storing, trading and transacting with crypto assets, in addition to using nonfungible tokens (NFTs) for any of their intended use cases beyond being a digital collectible. For this reason, the unfortunate reality is that despite networks like Ethereum being diverse in utility across payments, storing data and other decentralized finance (DeFi) use cases, mass adoption continues to meet challenges since few know how to interact with blockchain technology.
A lack of adoption doesn’t mean blockchain and crypto aren’t the future. Instead, humans must recognize that a consumer-centric experience is needed to demonstrate the utility of a new technology like blockchain. Consider the parallel between blockchain and the internet. When the internet was first introduced, few understood how its existence could benefit them. The internet wasn’t widely used until website-building platforms became popularized as an easy-to-use solution to help businesses and personal users create an online presence of their own.
Recognizing that a major barrier to blockchain adoption is usability, MyEtherWallet (MEW) made it its aim to create a free, client-side interface to help users interact with the Ethereum blockchain. The resulting, easy-to-use, open-source platform now includes an expanding product suite that gives users access to the diverse functionality Ethereum has to offer. Taken together, the platform includes a web platform, mobile app, Chrome extension (Enkrypt), blockchain explorer and educational resources for new and experienced users alike.
After being met with initialRead more on cointelegraph.com