Home>EXCHANGES>Ethereum Browser Wallet Metamask Hits a Million User Milestone
EXCHANGES

Ethereum Browser Wallet Metamask Hits a Million User Milestone



Ethereum browser wallet Metamask has surpassed one million users of its Google Chrome extension. The milestone comes as ETH prices hit a seven month high.

Ethereum Network Fundamentals Improving
The million user milestone has come along with a spike in Ethereum transactions which have doubled from 400k to 800k in less than a month according to Trustnodes.
The report added that Gas usage had also surged to their highest levels since September while transaction fees have remained low. Network fundamentals are improving elsewhere with hash rate climbing again to a two month high of 175 TH/s.
The surge in network activity has been catalyzed by major momentum on markets as ETH prices pump towards $300. Since last weekend, the world’s second-largest crypto asset by market cap has made 28%.
That market cap is now back over $30 billion and bitcoin dominance is falling as a result. All of this increases the usage of browser-based blockchain tools such as Metamask which essentially allows users to run Ethereum dApps right in the web browser without running a full Ethereum node.
The growth of DeFi markets is also a bullish sign for Ethereum as it has become the standard monetary unit in this nascent financial landscape.
Metamask can be used to tap into DeFi platforms such as Oasis or Compound to seamlessly transfer assets and set up smart contracts for earning bank-busting interest rates in a matter of minutes.
The ethos is to simplify the usage of Ethereum and bring it to the masses by integrating the blockchain into the browser. In addition to Chrome there are extensions for Firefox, Opera and Brave browsers.
Metamask Evolving
The team behind Metamask is currently showcasing a new development called Snaps at the ETHDenver hackathon this weekend. Snaps allow developers to build plugins that can extend the functionality for Metamask.

Hey @EthereumDenver! Hacking a Snap this weekend? If you let us know what you’re building, we can try to make sure that necessary plugin APIs are available.Find us on the Snap socials: https://t.co/A4yDPFbsOh
We will also be at the @Consensys help desk Tomorrow from 12-1:30PM pic.twitter.com/PcnGILTXhR
— MetaMask (@metamask_io) February 14, 2020

The annual event, which is running from February 14 to 16, attracts hundreds of Ethereum developers in addition to blockchain and fintech firms and the biggest names in the industry.
Vitalik Buterin, ConsenSys founder Joseph Lubin, Shapeshift founder Eric Voorhees, and Ethereum Foundation researcher Vlad Zamfir will be among the speakers this weekend.
It was also recently reported by Bitcoinist that energy giant BP would be adding its name to the list of sponsors for the event which could signal a growing interest in the Ethereum ecosystem. News that JPMorgan will be partnering with ConsenSys is also very bullish for ETH.
How strong will the Ethereum network grow in 2020? Add your comments below.

Images via Shutterstock, Twitter: @metamask_io

 

source: https://bitcoinist.com/metamask-hits-million-user-milestone-as-ethereum-fundamentals-improve/

TheBitcoinNews.com is here for you 24/7 to keep you informed on everything crypto. Like what we do? Tip us some BAT

Send Tip now!

Post source: Ethereum Browser Wallet Metamask Hits a Million User Milestone

More Bitcoin News and Cryptocurrency News on TheBitcoinNews.com





  • Bitcoin
  • Ethereum
  • Bitcoin cash
  • Litecoin
  • Cardano
  • Dash
  • Stellar
  • Ethereum classic
  • Lisk
  • Tron
  • Neo
  • Qtum
  • Omisego
  • Binance coin
  • Zcash
Scan to Donate Bitcoin to 1J6PGL1oemFb3hxabLygq4WgWx8cbfji1r

Please help us if you can with some Bitcoin

Scan the QR code or copy the address below into your wallet to send some Bitcoin

Scan to Donate Ethereum to 0xA8E701dd11280a98e8F2e0A14064AC829E32D50F

Please help us if you can with some Ethereum

Scan the QR code or copy the address below into your wallet to send some Ethereum

Scan to Donate Bitcoin cash to qrth4e0g93h3gpxex8ycwuxtsa332tha5qvkmlz0g5

Please help us if you can with some Bitcoin cash

Scan the QR code or copy the address below into your wallet to send some Bitcoin cash

Scan to Donate Litecoin to LTxxjySMDtERJhHYJ99UFW9AamAWTwCAZ4

Please help us if you can with some Litecoin

Scan the QR code or copy the address below into your wallet to send some Litecoin

Scan to Donate Cardano to DdzFFzCqrhsopoZLhbouUwh2NvvWMPeFrXQW9vNNpPKrjKbRGyLRN5joJgCeZ6e1MRHtPHeLffpkNpQs5AdDA8qFCZ4gA9bYtaerNQTk

Please help us if you can with some Cardano

Scan the QR code or copy the address below into your wallet to send some Cardano

Scan to Donate Dash to XmAdEHrwiVZJVkAxe8hK5U6HZB59L5yhmK

Please help us if you can with some Dash

Scan the QR code or copy the address below into your wallet to send some Dash

Scan to Donate Stellar to GD4KROE42HPOMT7BT6M27HHLFCOSIXPYY2V3WSCX5FYEWRJDIJQ4RWFT

Please help us if you can with some Stellar

Scan the QR code or copy the address below into your wallet to send some Stellar

Scan to Donate Ethereum classic to 0x5BF3fCAC8deA20CF21C9D0D9d058E00EEfc431Ae

Please help us if you can with some Ethereum classic

Scan the QR code or copy the address below into your wallet to send some Ethereum classic

Scan to Donate Lisk to 15642042552518336132L

Please help us if you can with some Lisk

Scan the QR code or copy the address below into your wallet to send some Lisk

Scan to Donate Tron to TYnAenRiV6BsTiE6FVyAcDDxZtBKUQTFxN

Please help us if you can with some Tron

Scan the QR code or copy the address below into your wallet to send some Tron

Scan to Donate Neo to ATiXRHVqYqrNktbxJfcDETfnrSUWSG4cPb

Please help us if you can with some Neo

Scan the QR code or copy the address below into your wallet to send some Neo

Scan to Donate Qtum to QUYXxY6kX7TY2HSLwVYMwFaJNZLwvX5uyp

Please help us if you can with some Qtum

Scan the QR code or copy the address below into your wallet to send some Qtum

Scan to Donate Omisego to 0xA8E701dd11280a98e8F2e0A14064AC829E32D50F

Please help us if you can with some Omisego

Scan the QR code or copy the address below into your wallet to send some Omisego

Scan to Donate Binance coin to 0xA8E701dd11280a98e8F2e0A14064AC829E32D50F

Please help us if you can with some Binance coin

Scan the QR code or copy the address below into your wallet to send some Binance coin

Scan to Donate Zcash to t1cBCyKgSSqWaNrkpvQZUSTuxMmAbbAyFpZ

Please help us if you can with some Zcash

Scan the QR code or copy the address below into your wallet to send some Zcash



Source link

Review Overview

Summary