Mist and Ethereum wallets are the tools offered by the Ethereum group to manage Ethereum accounts.
Connect the Mist and Ethereum with the testnet/mainnet blockchains to test the network functionality and develop smart contracts.However, let’s understand the difference between Mist and EthereumMistMist can be referred to as the browser for DApps (decentralized web apps).
What Google Chrome and Mozilla Firefox are for the web 2.0, the Mist browser is for the web 3.0 (completely decentralized).
Still, in its initial development, Mist is not preferred for visiting untrusted DApps (decentralized apps) until the due diligence is conducted.
The latest release of Mist enables you to access any Ethereum based decentralized applications with the Mist browser.Ethereum Wallet DAppAll other releases than ‘Mist’ can’t be referred to as Mist releases.
In reality, they are a bundle of Mist Browser with a single decentralized application: the Ethereum wallet, also called as the Meteor DApp wallet.Thus, these releases are known as Ethereum Wallet as it only gives a bundle of the Mist Browser with a single DApps: the wallet.Mist and Ethereum wallet, both are run as full nodes, so that they connect with the Blockchain through Go ethereum executable for staying synchronized with the network, instead of as light nodes which are connected through an online service that runs its own geth executable.