Key Points:

• Consensys introduces MetaMask Snaps, akin to the Apple App Store for encrypted wallets, empowering third-party developers to extend MetaMask’s functionality with new centralized applications.
• The upgrade, set for later this year, will enable users to download third-party extensions directly to MetaMask wallets, facilitating compatibility with non-Ethereum Mainnet chains and providing a direct communication channel between DApp developers and users.

Consensys has unveiled an exciting development for the crypto community – MetaMask Snaps. 

In an interview at Korea Blockchain Week, Simon Morris, Consensys’ strategy director, likened MetaMask Snaps to the Apple App Store for encrypted wallets, heralding a new era of innovation and accessibility.

MetaMask Snaps empowers third-party developers to create and launch new centralized applications, expanding the functionality of the popular MetaMask wallet. In its initial release, Snaps will undergo rigorous security checks and be whitelisted by Consensys developers, ensuring a secure and reliable user experience.

The long-term vision for MetaMask Snaps is to simplify the process, making it as permissionless as publishing apps on the web. To achieve this, an upgrade is set to roll out later this year, enabling users to download third-party extensions directly to their MetaMask wallets. This enhancement will enable MetaMask to interact with non-Ethereum Mainnet (EWM) chains, including Bitcoin, Solana, Avalanche, and Starknet, expanding its utility and interoperability.

One of the standout features of Snaps is its ability to facilitate direct communication between DApp developers and MetaMask users. This means that users no longer need to navigate to a project’s website or social media channels to receive updates. Instead, Snaps will serve as a communication layer, ensuring that users stay informed and engaged with the latest developments and enhancements.

Notably, MetaMask Snaps was previously launched in April, with a promise to support Bitcoin and other blockchain networks. This expansion of Snaps’ capabilities underscores MetaMask’s commitment to remaining at the forefront of decentralized technology, offering users and developers an ever-expanding suite of features and functionalities.

DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

ConsenSys

crypto

MetaMask

Author

Chubbi

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News

Consensys Introduces MetaMask Snaps: A Game-Changer For Crypto Developers

Key Points:

• Consensys introduces MetaMask Snaps, akin to the Apple App Store for encrypted wallets, empowering third-party developers to extend MetaMask’s functionality with new centralized applications.
• The upgrade, set for later this year, will enable users to download third-party extensions directly to MetaMask wallets, facilitating compatibility with non-Ethereum Mainnet chains and providing a direct communication channel between DApp developers and users.

Consensys has unveiled an exciting development for the crypto community – MetaMask Snaps. 

In an interview at Korea Blockchain Week, Simon Morris, Consensys’ strategy director, likened MetaMask Snaps to the Apple App Store for encrypted wallets, heralding a new era of innovation and accessibility.

MetaMask Snaps empowers third-party developers to create and launch new centralized applications, expanding the functionality of the popular MetaMask wallet. In its initial release, Snaps will undergo rigorous security checks and be whitelisted by Consensys developers, ensuring a secure and reliable user experience.

The long-term vision for MetaMask Snaps is to simplify the process, making it as permissionless as publishing apps on the web. To achieve this, an upgrade is set to roll out later this year, enabling users to download third-party extensions directly to their MetaMask wallets. This enhancement will enable MetaMask to interact with non-Ethereum Mainnet (EWM) chains, including Bitcoin, Solana, Avalanche, and Starknet, expanding its utility and interoperability.

One of the standout features of Snaps is its ability to facilitate direct communication between DApp developers and MetaMask users. This means that users no longer need to navigate to a project’s website or social media channels to receive updates. Instead, Snaps will serve as a communication layer, ensuring that users stay informed and engaged with the latest developments and enhancements.

Notably, MetaMask Snaps was previously launched in April, with a promise to support Bitcoin and other blockchain networks. This expansion of Snaps’ capabilities underscores MetaMask’s commitment to remaining at the forefront of decentralized technology, offering users and developers an ever-expanding suite of features and functionalities.

DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

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