Disclosure: Crypto is a high-risk asset class. This article is for information purposes only and does not constitute investment advice. By using this website you agree to our terms and conditions. We may use affiliate links within our content and receive commission.
The MetaMask snaps plugin, which provides access to the popular Metamask wallet’s 30 million monthly active users, is now available on the open-source, proof-of-stake network Hedera.
This Hedera Wallet Snap plugin, built by Tuum Technologies, allows developers, businesses and individuals to enjoy new benefits beyond MetaMask’s native features, the press release said. Developers can now integrate Hedera’s functionality into MetaMask-based applications.
Donald Bullers, founder and CEO of Tuum Technologies, said Crypto news that prevailing market conditions “provide significant validation of the continued presence of decentralized technologies” enabled by distributed ledger technology (DLT).
“This recognition is expected to broaden adoption among a previously skeptical demographic, leading to a substantial increase in crypto wallet account activations.”
Consequently, there is an increased demand for continued product innovation in this area to meet the growing needs of users, Bullers said.
Enabling access to a range of networks via MetaMask
Tuum Technologies is a software engineering company and developer of open-source, decentralized identity solutions.
It created Snaps, which extends MetaMask’s functionality by allowing developers to create custom plugins.
The integration of Hedera into an Ethereum Virtual Machine (EVM), multichain wallet “opens countless doors” for developers, users and businesses to interact directly with the Hedera network through MetaMask applications.
Bullers told Crypto news That,
“The introduction of Hedera’s native functionality into MetaMask’s 30 million MAUs not only increases interoperability, but also expands access to a wide range of networks, including Hedera.”
This merger, he says, combines the robust security features of MetaMask and the speed and cost-effectiveness of Hedera, “improving the overall user experience.”
It “paves the way for a more efficient user experience,” according to the announcement, allowing anyone to send HBAR to Hedera and EVM addresses. It also allows retrieving account information and viewing token balances.
More features coming soon
The Hedera Wallet Snap eliminates the need for Hedera JSON-RPC Relay. This allows plugin users to retrieve account information from the Hedera Consensus Node and the Hedera Mirror Node.
According to CEO Bullers,
“For developers and enterprises currently using or planning to build MetaMask-compatible applications, this integration provides an alternative to Hedera JSON RPC Relay and opens doors to Hedera’s full suite of capabilities.”
Using native integration, as opposed to relying on Hedera JSON RPC Relay, allows developers to support features of the Hedera Token Service (HTS) and extend their capabilities to other network services. These include File Service, Smart Contract Service and Consensus Service.
Bullers noted that the first release includes basic functionalities. The team is actively working on integrating advanced features in the coming months. This includes viewing transaction history and staking/staking HBAR to and from Hedera Network nodes.
Kiran Pachhai, co-founder of Tuum Technologies, noted that the Hedera Wallet Snap is “an advanced plugin that allows developers to enhance the capabilities of their applications beyond MetaMask’s native features.”
Shayne Higdon, co-founder and CEO of HBAR Foundation added that this is just a first step for the plugin. Especially since more features and functionalities will be announced in the coming months.
Hedera Wallet Snap can be installed from MetaMask Open Beta. It is available on GitHub as a JavaScript NPM package.
