On September 15, in a Medium post, Ethereum wallet provider MyCrypto released details of an Ethereum transaction function that it says can help to schedule an ICO investment while you are away, plan subscription payments, and even set reminders.
MyCrypto has been working on the new functionality since its planned partnership with ChronoLogic earlier this year.
The functionality is accessible in the MyCrypto wallet by hitting “Send Later” when making a transaction. MyCrypto has also published a help article to guide users. According to the Medium post, the code for Ethereum Alarm Clock has been audited and all scheduling and execution is secured by EDCCs (also known as smart contracts).
The ChronoLogic team is already touting the feature’s benefits. In a YouTube video published September 14, 2018, it interviewed Ethereum leaders, including Vitalik Buterin, who said there had been “a lot of interest” from the community and that Ethereum transaction scheduling “seems like something that would be very valuable.” MyCrypto Founder & CEO Taylor Monahan obviously agrees. She says that scheduling opens up a number of future possibilities, including “multi-step transactions.”