A software wallet that does not engage in custodial activity. There are no custodian intermediaries, and you have complete control over your login information, private key, and the system’s twelve-word recovery phrases. However, because it is software, your MetaMask wallet cannot be touched or held in your hand. You may put your faith solely in your MetaMask wallet's being accessible whenever you open your phone or your PC.
One of the most widely used wallets for cryptocurrencies is called MetaMask. Despite the highs and lows experienced by the market, the number of users continues to rise each year. About 21 million people use MetaMask monthly, which is 80 times greater than in 2019 and much more than any other wallet that does not store user funds.
Developers of the MetaMask platform include Adrian Devis and Dan Finlay. Their plan was innovative and deceptively simple: they wanted to develop an extension for web browsers that would make it possible to manage cryptocurrencies and use the browser to gain quick and secure access to decentralized applications (DApps). The concept was first implemented in 2016 by ConsenSys Software Inc., a software development company that specializes in creating apps that use Ethereum’s blockchain.

Read More:

Source Link: https://bit.ly/3S4HS7q