• 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

9 months 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

Adam Back Discusses Bitcoin's Quantum-Resistant Future

chest

Adam Back, CEO of Blockstream, reassures that Bitcoin can adapt to quantum threats with future upgrades.

user avatarTenzin Dorje

The Importance of Bitcoin Price in Understanding Market Trends

chest

The evolution of Bitcoin price is a crucial indicator of market psychology and liquidity.

user avatarBayarjavkhlan Ganbaatar

Teucrium Trading CEO Endorses Ripple as a Competitor to JPMorgan

chest

Sal Gilbertie, CEO of Teucrium Trading, endorses Ripple and XRP as potential competitors to JPMorgan Chase, highlighting their growth and challenge to traditional banking systems.

user avatarMohamed Farouk

The Evolution of FX Options Trading: A Shift Towards Sophistication

chest

The FX options market is shifting towards more sophisticated strategies that require a deep understanding of risk management and derivatives.

user avatarMaria Fernandez

Strategy Inc and Gemini Space Station Show Mixed Performance

chest

Strategy Inc and Gemini Space Station show mixed stock performance amid Bitcoin's price movements.

user avatarGustavo Mendoza

Key Differences Between American and European FX Options

chest

A critical distinction between American and European FX options lies in their exercise timing, which significantly impacts their valuation and strategic use.

user avatarKenji Takahashi

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.