• 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

Major Hack on VerusEthereum Bridge Results in Loss of $1.158 Billion

chest

A hacker executed a significant exploit on the VerusEthereum Bridge, draining approximately $1.158 billion in assets in a single transaction.

user avatarLuis Flores

Iran Launches Maritime Insurance Platform Using Bitcoin

chest

Iran has introduced a new maritime insurance platform for cargo in the Strait of Hormuz, with payments settled in Bitcoin.

user avatarArif Mukhtar

Grayscale Files Second Amendment for BNB ETF as Regulatory Landscape Evolves

chest

Grayscale has filed a second amendment to its BNB ETF registration, indicating a proactive approach to align with SEC feedback.

user avatarDavid Robinson

VanEck Submits Fifth Amendment for BNB ETF as Approval Hopes Rise

chest

VanEck has filed its fifth amendment for the BNB ETF, increasing the chances of approval amid ongoing discussions with the SEC.

user avatarMaria Gutierrez

Urgent Call for Crypto Overhaul Amid Quantum Threats

chest

Charles Hoskinson emphasizes the urgent need for the cryptocurrency industry to prepare for quantum computing threats, highlighting Bitcoin Improvement Proposal BIP361 as a solution.

user avatarAndrew Smith

Ethereum OG Reenters Market with Significant Purchase

chest

An early Ethereum adopter, known as an OG in the community, has reentered the market by purchasing 1,951 ETH for approximately $426 million USDC.

user avatarJacob Williams

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.