Empowering MetaMask Users with Smart Transactions
Are you tired of paying high gas fees and worrying about transaction success rates while using MetaMask? ConsenSys has got you covered with the introduction of Smart Transactions – a new technology designed to enhance your experience and protect you from MEV attacks. Here’s how Smart Transactions can benefit you:
– Enable better transaction success rates
– Reduce gas costs
– Protect users from harmful MEV attacks
Exciting MetaMask Enhancements
With the implementation of Smart Transactions, MetaMask users can look forward to a seamless experience with improved transaction success rates and reduced gas costs. Here are some key improvements:
– Smart Transactions ensure that transactions remain private until confirmed on-chain, preventing bots from front-running them
– Pre-simulation using MetaMask’s just-in-time simulation service leads to higher success rates
– New mempool virtualization technology developed by ConsenSys enhances these new features
During beta testing, the system achieved an impressive 99.5% transaction success rate, surpassing industry standards. Users can now monitor pending transactions in real-time through a new dashboard within the wallet itself, eliminating the need to visit external block explorers.
MetaMask’s Director of ConsenSys Special Mechanisms Group, Jason Linehan, highlighted the benefits of Smart Transactions, stating, “Users can automatically take better care of the transactions they sign and have more control over the process when they are sent to the blockchain network.”
Recent Milestones of MetaMask
MetaMask has been making significant strides in improving its services for users. Earlier this year, the wallet introduced Validator Staking support, allowing users to stake 32 ETH through ConsenSys custody services. With a commission of only 10% on rewards, this offering provides a cost-effective alternative to centralized exchanges like Coinbase.
Despite facing challenges with fake apps on Apple’s App Store last year, MetaMask quickly resolved the issue and continued operations on both Google Play Store and Apple’s App Store. The team remains dedicated to providing a secure and user-friendly platform for cryptocurrency enthusiasts.
Hot Take: Seize the Benefits of Smart Transactions on MetaMask
As a cryptocurrency investor, leveraging the power of Smart Transactions on MetaMask can significantly enhance your experience by improving transaction success rates, reducing costs, and protecting you from malicious attacks. Stay ahead of the curve and embrace these new features to streamline your crypto transactions with confidence!
By
By
By
By