MetaMask has unveiled a number of privacy features in response to increased criticism.
MetaMask unveils new privacy features for crypto wallets.
MetaMask express that users will see an updated experience for wallet creation and upgrade wallet privacy and security settings.
According to MetaMask "We have update the google chrome extension to maximize the control you have over your data"
MetaMask users can now toggle features that send requests to third party services under the advanced privacy settings. this helps with phising detection and identifying incoming transactions.
MetaMask added option to change Remote Procedure Call (RPC) providers in reponse to criticism over the default provider infura.
MetaMask aims to be the standard-setter across crypto wallets for user privacy, security, and transparency— MetaMask (@MetaMask) February 2, 2023
This phishing detection feature is also one that is required as attacks have increase targetting MetaMask users. Malicious smart contract like Monkey Drainer lure victims into connecting to malicious addresses.
DeFi analyst and decentralization advocate Chris Blec warned Some of the responses to the annoucement remained critical of MetaMask as its competition has grown.
"I know that you need to market your product but trying to diminish the importance of seed phrases is not the way to do it"
MetaMask express a new learn initiative to educate users about Web3 and online security practices.
Very exciting news: We’re thrilled to announce that MetaMask Learn is here!— MetaMask (@MetaMask) January 31, 2023
What is web3? Why is it important? Wait, what’s a wallet??
Hop on our foxy tail and we’ll show you https://t.co/FrM9GSabcg pic.twitter.com/HIeMKWsGeY
In september the wallet provider launched a portfolio manager to improve user experiences in December it collaborated with PayPal to enable to allow Ethereum transfers for U.S customers.
Related: Now metamask tracking your IP address when you send txns