RE: How to update the EOS public key mapped/registered to your ETH Address with MyEtherWallet (MEW) by mahajian

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eos · @mahajian · Sep 3 '17 (edited)

item 7 looks like I have to use my Ether wallet master key to unlock and load my wallet. Is that correct? is it safe

👍 mahajian

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@sandwich · Sep 4 '17

That's a personal decision, you can sign the transaction through a number of ways, but yes one of the ways is with your _private key_. https://steemit.com/mew/@sandwich/inherent-security-risks-of-myetherwallet

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@mahajian · Sep 8 '17

what's the reason to generate EOS private key? I already have MEW private key. I'm confused
sorry for being ignorant!

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@sandwich · Sep 11 '17

Because the EOS ERC20 tokens are distribution tokens. They will be frozen around June 1st 2018 so a snapshot can be taken. You would then access your tokens on the EOS blockchain with the EOS private key. Your Ethereum key would be irrelevant to EOS after the aforementioned date.

properties (22)