Ethereum has been captivating the audience in the world of digital currency, although the project has been making waves in traditional finance as well. Due to its attractive blockchain implementation and the prospect of smart contracts, things have gotten competitive in the digital currency world. But in the end, most users want a secure wallet solution, and Etherli seems to hold a lot of promise, even though it is a web wallet.
Etherli Multisig Web Wallet with 2FA for Ethereum
Unlike the Bitcoin world, wallet solutions for Ethereum are not as widespread as one might expect. There is the standard Ethereum wallet, and Jaxx is offering a viable alternative for a variety of platforms as well. But Etherli wants to bring something different to the table, as they combine a multisig web wallet with two-factor authentication.
Although web wallets are not the most secure solution – funds are controlled by a third party after all – Etherli is operating in a different manner. By creating a multisignature wallet solution, the end user will hold the majority of keys associated with the address, putting them in