MetaMask Wallet

 

MetaMask Wallet


MetaMask is a software cryptocurrency wallet used to interact with the Ethereum blockchain. It allows users to access their Ethereum wallet through a browser extension or mobile app, which can then be used to interact with decentralized applications. MetaMask is developed by ConsenSys Software Inc., a blockchain software company focusing on Ethereum-based tools and infrastructure.

MetaMask allows users to store and manage account keys, broadcast transactions, send and receive Ethereum-based cryptocurrencies and tokens, and securely connect to decentralized applications through a compatible web browser or the mobile app's built-in browser. Developers achieve a connection between Metamask and their decentralized applications by using a JavaScript plugin such as Web3js or Ethers to define interactions between Metamask and Smart Contracts.

The Metamask application includes an integrated service for exchanging Ethereum tokens by aggregating several decentralized exchanges (DEXs) to find the best exchange rate. This feature, branded as MetaMask Swaps, charges a service fee of 0.875% of the transaction amount.

As of November 2021, MetaMask's browser extension had over 21 million monthly active users, according to Bloomberg.

Comments

Popular posts from this blog

What is Monero?

Zilliqa (ZIL) is a token developed in the year 2017

USD Coin (USDC)