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Home»Blockchain»Hedera Wallet Snap for MetaMask gets major upgrade with support for Hedera Consensus Service
Blockchain

Hedera Wallet Snap for MetaMask gets major upgrade with support for Hedera Consensus Service

2024-08-09No Comments3 Mins Read
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  • Hedera Wallet Snap now integrates with MetaMask and supports key Hedera services such as Token Service and Smart Contract Service.
  • The update improves features such as creating and managing topics and sending and retrieving messages.

The Hedera Consensus Service (HCS) recently announced the integration with MetaMask with the recently updated Hedera Wallet Snap. This integration benefits MetaMask users by fully supporting key Hedera services such as the Token Service and Smart Contract Service. According to the announcement, the Hedera Wallet Snap can therefore become a multifunctional tool for various applications within the Hedera network.

You can now use #Hedera Consensus Service on MetaMask with Snaps! 🦊

We’re excited to share the latest update for @hedera Wallet Snap, now live and ready to improve your MetaMask experience pic.twitter.com/yrDTt1f8DQ

— Tuum Technologies (@TuumTech) August 5, 2024

Hedera Consensus Service extends functionality for users

HCS is a service proposed to generate a decentralized and auditable overview of immutable events. The timestamp can be used for both Web2 and Web3 applications. HCS allows users to send messages to the Hedera network for consensus, get a time stamp and guarantee the honesty of the message.

Users can now create, update, and delete topics, send messages, retrieve topic messages, and obtain topic information directly through MetaMask. These features provide new capabilities for developers and users, making it easy to connect and work within the Hedera network.

In addition to these core features, Tuum Technologies has also focused on improving the Hedera wallet Snap user interface and user experience.

Some changes are being made to integrate MetaMask’s new features to improve the experience for developers and users. This focus on UI/UX refinement underlines the commitment to providing an easy-to-use and efficient tool for the Hedera community. This latest update is a welcome boost to the Hedera ecosystem, providing developers with a powerful and comprehensive set of resources to create new dApps.

See also  Top Analyst Predicts Major Ethereum Correction, Outlines Worst Case Scenario For ETH

If marked in our previous article, the Hedera Network (HBAR) has experienced a significant increase in user engagement, registering 400,000 new accounts in just one week. This growth has been fueled by recent partnerships with Blade Wallet and Karate Combat, which have been smoothly integrated into the Hedera network.

HBAR token is among the best digital assets

HBAR, the native token of the Hedera network, is currently the 36th largest digital asset by market capitalization. Earlier this year, HBAR saw its price rise to $0.090, marking a 25% increase over the year. However, the token recently has a 4% increase in the last 24 hours, trading at $0.056. HBAR trading volume is down 58% in the last 24 hours. However, the market capitalization contradicts this, registering an increase of 3.26% at 2B.

as noted in our previous post.



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Consensus Hedera Major MetaMask service Snap Support Upgrade Wallet
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