Ethereum has become the top decentralized blockchain based platform.
Providing various features such as being able to write smart contracts using Ethereum etc.
The virtual machine of Ethereum uses a network of public nodes to execute scripts.
Ethereum also has its cryptocurrency token called as Ether.
With which a user can transfer it to different accounts, and also buy and sell it depending on the needs.
Most of the people use Ether to trade or invest in Ethereum.
Hoping to sell the Ethereum at a higher profitable value in future.
When we talk about Ether or any cryptocurrency. There is a digital wallet linked to it.
And this post focuses on mist wallet. A wallet for cryptocurrencies.
Without a digital wallet, It’s not possible for you to safely store your Ether.
Let me explain you the concepts better.
What is mist wallet
Mist wallet is a digital wallet which helps users to store, trade, buy and sell Ethereum or other digital currencies.
Consider it as a portal of transactions for your Ethereum.
If you wish to buy Ethereum or sell it. You’ll require mist wallet to do it.
Not just mist wallet, but there are a number of digital wallets from which you can choose.
I think the below links will be helpful for you.
- How to create Ethereum paper wallet.
- 2 best ethereum wallet windows download.
- 5 best Ethereum wallet android versions.
- 2 best free Ethereum wallet download.
- 5 best Ethereum wallet iOS apps.
- 4 Ethereum wallet online websites.
How to download mist wallet
Follow the below steps to download mist wallet.
- Visit https://github.com/ethereum/mist/releases
- Choose the version of mist for your operating system, like Linux, mac etc.
- After clicking on the desired version of the mist wallet, your download will start.
How to install mist wallet
The instructions are for mac, the process is same for other operating systems too.
- launch the File once the download process is completed.
- After entire synchronization. You have to choose a network. Choose test network and continue, If you want to execute smart contracts then choose main network (main network will require some Ether).
- Create a password. Make sure to generate a strong password.
- After your password is created, you will see your mist wallet dashboard.
Note: Remember to note down and memorize the password, because once it is generated, you’ll never be able to change the password again.
How to get free Ether.
If you want to have some Ether for free.
Then, there are a few websites which will help you get Ether for free.
follow the procedures specified in the below article.
It is not very complex.
You simply have to visit a few websites and add your wallet address.
Once you do it, you will start to receive some free Ether.
Mist is a digital wallet to trade, buy and sell Ethereum or any other cryptocurrency.
you can either choose mist wallet or go with any other wallet that you feel is good for you.
If you choose mist, then make sure you remember the password, because you won’t be able to change it later.
If you wish to know anything more about Ethereum then, feel free to ask me.