• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

MetaMask: Updates and Features to Enhance User Convenience

user avatar

by Giorgi Kostiuk

a year ago


MetaMask, one of the world's most popular crypto wallets, announced significant updates in its roadmap. The new features aim to improve the user experience.

Smart Contract Accounts for Security and Flexibility

Currently, MetaMask uses Externally Owned Accounts (EOA), relying on public and private keys to control digital assets. With the introduction of smart contract accounts, users can set additional security mechanisms such as transaction recovery and multi-sig authorization. "Smart contract accounts will allow users to have greater control over their assets with more advanced automation features," stated the MetaMask announcement.

ERC-5792 Batch Transaction Feature

One of the challenges in the Ethereum ecosystem is the number of steps required to complete a single transaction. MetaMask plans to implement the ERC-5792 batch transaction feature, which allows combining multiple transaction steps into one execution. This will save time and reduce gas costs.

Support for Bitcoin and Solana

MetaMask is extending its compatibility to blockchains beyond the Ethereum ecosystem. This includes integration with Bitcoin and Solana, which will facilitate the management of various crypto assets on a single platform.

With new updates, MetaMask transforms from just an Ethereum wallet to a more functional platform for managing digital assets.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Solana's Quantum Readiness Strategy Under Scrutiny

chest

Solana's quantum readiness strategy is under scrutiny following Anatoly Yakovenko's comments on the need for a multi-scheme approach to enhance security against AI threats.

user avatarLeo van der Veen

South Korean Exchanges Win Temporary Relief from Regulatory Sanctions

chest

Three major South Korean crypto exchanges, Upbit, Bithumb, and Coinone, have secured temporary court relief from sanctions related to existing anti-money laundering requirements.

user avatarLi Weicheng

Anatoly Yakovenko Raises Concerns Over AI's Impact on Post-Quantum Cryptography

chest

Solana cofounder Anatoly Yakovenko warns that AI could expose vulnerabilities in post-quantum signature schemes, emphasizing the need for a robust security design.

user avatarMaya Lundqvist

DAXA Challenges New Anti-Money Laundering Regulations in South Korea

chest

DAXA opposes proposed changes to South Korea's anti-money laundering regulations, citing concerns over excessive reporting requirements.

user avatarAisha Farooq

MoneyGram's Stablecoin Service Expands to Colombia and El Salvador

chest

MoneyGram has launched its stablecoin service in Colombia and expanded to El Salvador, providing financial solutions for underserved markets in Latin America.

user avatarTenzin Dorje

Stellar Network Surpasses 1 Billion in Real-World Assets

chest

The Stellar network has crossed the 1 billion mark in real-world assets, indicating significant growth and momentum.

user avatarBayarjavkhlan Ganbaatar

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.