Picture it: It's summer 2021. Covid-19 forced the world to lock. So, the one that came out of collective boredom NFTS.
For those who have started NFTS, the name Metamask has certainly come around at some point. Metamask is one of the most popular brands in the NFT space. What exactly is Metamask? And what is all buzz?
In this explanator, we dive into what is Metamask, how it works and why users like a wallet.
Metamask is a crypto wallet that allows users to save or access crypto, NFTs, various other On the web and Def products and decentralized applications (“DAPS”). That was created In September 2016, Dan Finlay and Aaron Davis and now belongs to Blockchain Technology Company Consistency Software Inc.
Metamask is a non -training purse. This means that the central organization is taken care of by the user's wallet and the user is fully responsible for managing their wallet. Because the crypto wallet supports Metamask's various block chain nets, including Ethereum, Polygon, Arbitrum and Optimism.
In August 2021 Metamask exceeded 10 million daily active users (Daus). In September 2021Metamask exceeded 20 million dausi around the height of the Web3 boom.
Two years soon. Crypto Price Tracker recently named the most popular crypto wallet CoingeckoTo. According to the Coingeck report, Metamask has reached a total of 22.66 million installations as of August 1, 2023.
There is a crypto exchange behind Metamask Cave base11 million download crypto wallet.
Metamask is available as both a mobile application and a browser extension. To use it on each platform, users must install it via iOS, Google Play or Google Chrome online store.
Think about Metamask as a digital version of a physical wallet: you can download your Mumask wallet with different cryptocurrencies. To do this, you can transfer Fiat currency from your bank account or transfer the existing crypto crypto exchange account.
You can also convert between different crypto -think about it as a converting USD AUD in real life. Users can also save NFTs and can view them at any time.
Metamask is available on both iOS and Android Application Shop free of charge. Of course, if you load your wallet with crypto, this money must come from your own pocket.
As with any smartphone app, switch to iOS or Android App Store, look for the app name – in this case Metamask – and press download.
The digital crypto wallet is also available on your desktop as a browser extension. The browser extension works for Chrome, Firefox, brave, edge and opera. Just head to your wallet official websiteScroll downwards until you see a blue “for the installation of a metamatase [browser name]”Button. Click on it to start downloading the extension.
Once you have downloaded a crypto wallet in your phone or browser, you can start creating an account. Here we will teach you how to set up an account with the app. First, tap your phone app. Touch the “Create Account” and continue following the instructions.
An alternative to the crypto wallet of well -beinges
If you don't like a crypto wallet, there are still some crypto wallet alternatives.
1. Coinbase's wallet
Cypto Exchange Coinbase Developed Coinbase Wallet is a mood crypto wallet that was launched in March 2023.
Cave base saying That as a wallet of well -being does not save the change user password. Instead, the private keys are stored directly into your mobile device.
2. Trust the wallet
Trust wallet is a feeling of well -being crypto wallet It specializes in the storage of the ethereum chip chain power supplies, including chips built on ERC-20 and ERC-721 protocols.
Trust Wallet is also compatible with other crypto, including Solana, Cardano and Polygon. Since 2023, Trust Wallet claims that it has over 60 million users worldwide.
3. Phantom money bag
Phantom Wallet was developed in 2021 software engineers Brandon Millman, Francesco Agosti and Chris Kalani. Like other crypto-walled bags on the list, Phantom is a mood purse, but it focuses on the Solana block chain network.
