• 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

Texas Purchases $5 Million in Bitcoin ETF, Strengthening State Finances

chest

Texas has purchased $5 million of BlackRock's spot Bitcoin ETF, marking the first step towards establishing a Texas Strategic Bitcoin Reserve.

user avatarMaya Lundqvist

Crypto Analyst Predicts XRP Price Rally to 1,115

chest

Crypto analyst NeverWishing predicts XRP price will rally to 1,115, outlining three potential paths and key timing windows for this increase.

user avatarLeo van der Veen

Ethereum Transaction Costs Drop Significantly as Activity Increases

chest

Ethereum transaction costs have significantly decreased as activity increases, with Layer 1 averaging $0.17 and Layer 2 just $0.00007, enhancing network accessibility.

user avatarLi Weicheng

Ethereum Network Sets New Record for Transactions Per Second

chest

The Ethereum network has achieved a remarkable milestone by processing over 31,083 transactions per second, indicating renewed interest in the ecosystem.

user avatarAisha Farooq

Zero Knowledge Proof Presale Auction Goes Live with Functional Infrastructure

chest

The presale auction for Zero Knowledge Proof has launched, showcasing a four-layer architecture that is already operational.

user avatarMohamed Farouk

AlphaPepe Launches Meme Token Presale on BNB Chain

chest

AlphaPepe is conducting a presale for its meme coin on the BNB Chain, focusing on community engagement and quick delivery.

user avatarTenzin Dorje

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.