MetaMask to Launch Snaps, Revolutionizing Crypto Wallet Functionality


MetaMask to Launch Snaps, Revolutionizing Crypto Wallet Functionality
courtesy of cointelegraph.com

A New Era for MetaMask

In an exclusive interview with Cointelegraph, Simon Morris, Consensys head of strategy, announced that MetaMask is set to release its highly anticipated Snaps feature. Snaps will transform MetaMask into an all-in-one crypto wallet with expanded functionality, akin to an Apple App Store for decentralized applications (DApps).

Streamlining Blockchain Interactions

The first round of Snaps will be designed to interact with a variety of blockchain networks, including non-Ethereum Virtual Machine (EVM) chains like Bitcoin, Solana, Avalanche, and Starknet. This upgrade will provide users with seamless access to different chains without the need for multiple wallets.

Simplifying Transactions

Morris acknowledged the confusion and intimidation that many users experience when confirming transactions. To address this issue, Snaps will offer intuitive features that demystify the process of signing transactions and assessing smart contracts. By reducing obscurity, Snaps aims to bolster user confidence and understanding.

Enhancing Communication

Snaps will also revolutionize the way DApp developers communicate with their users. Instead of relying on external websites or social media accounts for updates, developers will now have an internal messaging system within MetaMask. This direct line of communication will keep users informed and engaged.

What to Expect

Although the official launch date for Snaps has not been disclosed, Morris confirmed that it will be released later this year. In the meantime, developers and enthusiasts can get a glimpse of Snaps' capabilities by downloading MetaMask Flask, a developer-focused application.

Additionally, MetaMask recently introduced a new feature allowing users in the United States, United Kingdom, and parts of Europe to exchange Ether (ETH) for fiat currency directly to their bank accounts. This latest development further signifies MetaMask's commitment to providing a seamless and user-friendly experience.

Stay tuned for more updates on Snaps, as MetaMask continues to innovate and reshape the crypto wallet landscape.