Metamask, a popular and independent crypto wallet for the Ethereum (ETH) network, shared the surge in the announcement on Thursday, aimed at improving the user experience of the wallet.
Part of Metamask's improved roadmap includes adding smart contract functionality to your current wallet. At the moment, Metamask is an externally owned account (EOA), a type of wallet controlled by the public and private keys. One of the main downfalls of EOAS is that it is affected by human error. This means that if you forget your private key, you will lose crypto holdings forever on that account. Another type of wallet that exists in Ethereum is the Contract Account (CAS), which is controlled by code and has security checks to validate transactions.
In a blog post shared at Esten, North America's largest Ethereum conference, the MetaMask team said: “Smart contract-based accounts can solve many problems. When users define terms from their programmable accounts, they greatly expand the way users represent agents in the way that their code enforces.”
One of these new features aimed at making the Metamask user experience easier includes the ERC-5792, which is based on the current feature, Smart Transacions. When called ERC-5792, or batching transactions, users can combine certain steps when they sign off for a transaction such as “authorization + swap” with one click.
Dan Finlay, co-founder of Metamask, told Coindesk that the batch transaction “provide everything that you request in order. Present it to the user in a uniform way. Users pay one gasoline fee for a series of events, then only one block of the entire series of operations.”
Meta Mask Card
The Metamask team shared that Metamask debit cards will be available in some US states starting in mid-March. The card has been in production for several months and was initially available to users in the UK and EU.
Connect to your Metamask Wallet and spend the crypto.
“You can earn staking rewards and yields with your favorite protocols with your favorite tokens, and make the funds available to use Mastercard wherever you want to spend it, wherever you want to tap,” the team wrote in BlogPost.
More support
As part of the theme of making the user experience easier, the MetaMask team will add support for Bitcoin (BTC) and Solana (SOL) to their wallets. This means that users can hold a variety of crypto assets in one place.
“So, they deliver some of the most popular blockchains at the same time, but also ensure that they smooth out every part of the interface that allows for seamless addition of new blockchains,” Finlay said in an interview.
Read more: Popular Crypto Wallet Metamask unfolds “Smart Transactions” to fight Ethereum frontrunning
