Imagine this: it's summer 2021. COVVI-19 forced the world to lock itself. So what came out of collective boredom was a strange little thing called NFTS.
For those who collapsed in the NFT, the name Metamask surely came at some point. Metamask remains one of the most popular brands in the NFT space. So what exactly is Metamask? And what is all the buzz talking about?
In this explanator, we will dive into what Metamask is, how it works and why users like the wallet.
Metamask is a crypto portfolio that allows users to store or access crypto, NFT, a variety of other web3 products and decentralized applications (“DAPP”). It was created In September 2016 by Dan Finlay and Aaron Davis and currently belongs to the Technology Company blockchain Consensys Software Inc.
Metamask is a non -guardian wallet. This means that there is no central organization that takes care of the user's portfolio and that the user is fully responsible for managing their portfolio. As Crypto Wallet, Metamask supports a variety of blockchain networks, notably Ethereum, Polygon, Arbitrum and Optimism.
In August 2021 Metamask exceeded 10 million daily active users (DAU). In September 2021Around the height of the web3 boom, Metamask exceeded 20 million Daus.
Quick advance of two years. Metamask was recently appointed the most popular Wallet Crypto by Crypto Price Tracker Flirtatious. According to the Coingecko report, Metamask reached a total of 22.66 million registration on August 1, 2023.
The ranking behind Metamask is the crypto exchange cornerbase crypto portfolio with 11 million downloads.
Metamask is available both as a mobile and browser extension. To use it on one or the other platform, users must install it via iOS, Google Play or Google Chrome from the web store.
Consider Metamask as a digital version of your physical wallet: you can load your Metamask wallet with different cryptocurrencies. To do this, you can either transfer the Fiat currency from your bank account or transfer the crypto from your existing crypto exchange account.
You are also able to convert between different crypto – think about it as converting the USD into AUD in real life. Users are also able to store NFTS on Metamask and are able to view them at any time.
Metamask is available on both iOS And Android App Store free of charge. Of course, if you load your wallet with crypto, this money will have to come from your own pocket.
As with any smartphone application, go to the iOS or Android App Store, search for the application name – In this case, Metamask – and press the download.
The digital crypto portfolio is also available on your desk as a browser extension. The browser extension works for Chrome, Firefox, Brave, Edge and Opera. Just go to the wallet official websiteScroll down until you see a “Install blue metamasque for [browser name]”Button. Click on it to start downloading the extension.
Once you have downloaded the crypto wallet to your phone or browser, you can start creating an account. Here, we will teach you to create an account with the application. First, press the application on your phone. Press “Create an account” and proceed after the instructions.
Alternativ Crypto Sweet Auto-Custodyes
If you don't like the cryptographic wallet, here are some other alternatives to the cryptographic portfolio.
1 and 1 Coinbase wallet
Developed by Crypto Exchange Coinbase, Coinbase Wallet is an auto-custodie cryptocurrency portfolio that was launched in March 2023.
Jamming said that as a self-toilet portfolio, the exchange does not store a user's password. Instead, private keys are “stored directly on your mobile device”.
2 Trusted wallet
The Trust portfolio is a self-careful crypto portfolio that specializes in the storage of tokens supplied by the Ethereum blockchain, including tokens built on the ERC-20 and ERC-721 protocols.
The trusted portfolio is also compatible with other crypto, including Solana, Cardano and Polygon. In 2023, Trust Wallet said that it has more than 60 million users worldwide.
3 and 3 Ghost portfolio
Phantom Wallet was developed in 2021 by software engineers Brandon Millman, Francesco Agosti and Chris Kalani. Like the other cryptographic portfolios on the list, Phantom is an auto-leather portfolio, but it focuses on the Solana blockchain network.
