Simon Morris, head of strategy at Consensys, said MetaMask’s much-anticipated Snap will allow users to interact with a variety of different blockchain networks, receive updates on projects and help demystify what’s going on in complex transactions.
On September 6, Morris said in an interview with Cointelegraph at Korea Blockchain Week that MetaMask Snaps functions much like the Apple App Store for encrypted wallets, allowing third-party developers to launch new decentralized applications (DApps) — — called Snaps — extend the functionality of MetaMask.
Morris explained that the first round of Snap releases will undergo security checks and be whitelisted by developers at Consensys. A future goal is to make the process as permissionless as publishing an application on the web.
Morris said that the upgrade, coming later this year, will allow users to download third-party extensions to their MetaMask wallets.
These will allow them to use MetaMask wallets with non-EVM chains including Bitcoin, Solana, Avalanche, and Starknet.
“MetaMask started with a huge assumption that there would be an EVM or something very similar to Ethereum, so our goal for the first version was to make MetaMask interoperable with other non-EVM chains.”
Snap will also help reduce the ambiguity of signing deals. Morris acknowledged that currently users are often confused or intimidated when confirming transactions, and hinted that some upcoming Snaps will help make the process of signing transactions and evaluating smart contracts less opaque at first glance.
Another feature enabled by Snaps will allow developers to message internal users on MetaMask.
related: “Multi-chain future is clear” – MetaMask supports all tokens via Snap
Users won’t have to navigate to the project’s website or social media accounts to get the update, and the upgrade will enable a “communication layer between DApp developers and their users.”
For those wanting to experiment with Snaps, users can download an app called MetaMask Flask, Morris said, but cautioned that it was largely a tool for developers.
On Sept. 5, MetaMask launched its latest “sell” feature, allowing users in the US, UK, and parts of Europe to exchange ether (ETH) for fiat currency that can be sent directly to bank accounts.
We’re very excited to announce our newest feature: Sales.
Yes, you read that right. The “Sell” feature is available in MetaMask Portfolio, where you can easily exchange cryptocurrencies for fiat currencies.
For more information, please visit https://t.co/aasgTswEMo pic.twitter.com/pJa1ZndLQA
— MetaMask (@MetaMask) September 5, 2023
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