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How MetaMask’s Delegation Toolkit Could Transform the Way We Use Blockchain

How MetaMask’s Delegation Toolkit Could Transform the Way We Use Blockchain

CoineditionCoinedition2024/07/09 16:37
By:Ebiseyei Badei
  • Consensys introduces the Meta Delegation Toolkit to enhance user interaction with blockchain applications.
  • The toolkit supports EVM-compatible chains and aims to simplify user onboarding and gas cost allocation.
  • MetaMask’s new feature aims to eliminate friction in wallet interaction.

ConsenSys, the blockchain software company behind the popular MetaMask wallet , unveiled plans to introduce a new “MetaMask Delegation Toolkit,” designed to enhance and simplify user interaction with blockchain applications.

The ETH software developer made this announcement at the Ethereum Community Conference (EthCC) in Brussels, Belgium, noting that developer onboarding is underway. The tool aims to provide “granular levels of safety” and better meet user needs.

ConsenSys has stated that the toolkit will be compatible with any chain supported by the Ethereum Virtual Machine. This includes chains such as Arbitrum, Avalanche, Base, Linea, Optimism, and Polygon.

In a recent press release, Dan Finlay, co-founder of MetaMask, explained:

 “The MetaMask Delegation Toolkit will allow for seamless onboarding of users into a new generation of dynamic and nimble experiences, that benefit from the kinds of rich collaboration that can only come from a new paradigm of authorization and composability.”

This feature enables instant user integration, eliminating the need for interaction with traditional wallets. It also seeks to prevent unwanted frictions, such as pop-ups or confirmations, when navigating dApps and wallets.

Additionally, the new toolkit aims to improve contract development by simplifying gas cost allocation. This allows developers to potentially waive gas fees for designated individuals.

MetaMask believes this toolkit will make blockchain applications significantly more accessible and user-friendly, thereby supporting the broader adoption of decentralized technologies.

Earlier this year, the crypto wallet firm introduced a “staking pool” feature, allowing ETH stakers to earn rewards while contributing to the security of the blockchain. The minimum staking fee required by the Ethereum protocol is 32 ETH, which applies to validators operated by ConsenSys.

Meanwhile, Ethereum has increased by 2.07% in the past 24 hours, trading at $3,093 as of press time, according to data . The cryptocurrency is currently 0.73% above its 200-day SMA of $3,072.57.

Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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