- Metamask has added new features to avoid its competitors on the portfolio market.
- Mastercard plays a role in a new offer.
- Metamask made a series of announcements at Ethdenver.
One of the oldest industry cryptography portfolios is a major facelift.
On Thursday, Dan Finlay, the co-founder of Metamask, went on stage during an industry event in Denver to reveal that users will soon be able to hold Bitcoin and Solana in their Ethereum wallets.
It also introduced a redesigned mobile application for the cryptographic portfolio and announced the deployment of its mastercard linked to Metamaskask.
Another new feature will allow users to exchange the crypto without having to keep Ethereum for transaction costs.
AUTO-CUSTODIE 2.0
In short, it is a massive overhaul.
“We see it as an auto-custistody 2.0 ”, said Finlay DL NewsReferring to the way some Crypto users manage their own participations rather than relying on exchanges or other services.
“What you see now is the culmination of many efforts that come together.”
Although the eight -year metamasque dominates the market in terms of number of users, competition is gaining ground.
Other portfolio suppliers have conquered users by offering missing Metamask features, such as unique network integrations and capacities.
Phantom, which was launched in 2021 as an crypto-security portfolio of Solana before adding Ethereum and Polygon two years later, has 15 million users and has become the portfolio of choice for this network.
Phantom also attracted the main groups of investors. In January, the company raised $ 150 million in a round co-directed by Sequoia Capital and Paradigm.
Absolute priority
Meanwhile, cryptographic portfolios such as Rabby, Rainbow and Family built their business to make the user experience an absolute priority.
Among the series of new upgrades, Metamask is attacking a similar collage point for its current users.
The Wallet Crypto launches so -called batch transactions so that the approval of a transaction and then the execution of a swap, for example, can be carried out with one click.
The Metamask team also introduces transactions “included by gas”, which will allow users to exchange cryptocurrencies without having to hold Ethereum to pay gas costs.
Instead, gas fees are paid using the token they exchange.
In March, Metamask users will be able to pay their transaction costs in all the tokens they want.
The largest upgrade, however, will allow Metamask users easily with Bitcoin and Solana networks.
Access Solana
Metamask users were able to access Solana and Bitcoin networks via developer tools called snaps, but it will be the first time that networks will be so closely integrated into the portfolio, Finlay said.
Metamask users will be able to access Solana from May and maintain Bitcoin from the third quarter of this year.
When asked if there were concerns about the launch on Solana given the series of recent memecoin scandals, Finlay said DL News This metamask simply gives access to the things that users want to do.
“Although scams exist in all blockchains, our approach is to equip users with better security tools, ideas and controls so that they can make informed decisions,” he said.
Liam Kelly is a journalist based in Berlin for DL News. Do you have a tip? Send him an email to liam@dlnews.com.
