• 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

SWIFT Tests XRP Integration for Enhanced Payment Systems

chest

SWIFT is testing the integration of the XRP Ledger to enhance cross-border payment efficiency.

user avatarDiego Alvarez

Tether Freezes $544 Million in Assets Linked to Illegal Betting Operation

chest

Tether has frozen approximately $544 million in assets linked to an illegal online betting operation at the request of Turkish prosecutors.

user avatarKenji Takahashi

Tether Mints $1 Billion USDT Amid Bitcoin Selloff

chest

Tether minted an additional $1 billion USDT amid a sharp decline in Bitcoin prices, providing liquidity during a volatile market.

user avatarKenji Takahashi

XRP Price Shows Signs of Recovery After Significant Dip

chest

XRP price has rebounded after hitting a low of 116, with increased whale activity and unique addresses on the XRP Ledger.

user avatarMaria Fernandez

Arthur Hayes Attributes Bitcoin Selloff to IBIT Hedging

chest

Arthur Hayes attributes the recent Bitcoin selloff to hedging related to BlackRock's iShares Bitcoin Trust (IBIT), indicating that dealer hedging can lead to significant mechanical selling when market conditions shift.

user avatarGustavo Mendoza

The PASS: New Utility NFTs to Empower Web3 Creators

chest

The PASS has been introduced as a framework for Web3 creator economies, offering Utility NFTs that enable community creation and governance.

user avatarRajesh Kumar

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.