MetaMask, perhaps one of the most popular Ethereum and ERC20 wallets in the market has taken the decision to release its mobile client at DevCon. The team behind the wallet developed by ConsenSys, has been at the DevCon in Prague, Czech Republic. Other companies present were EY, Microsoft, ShapeShift, Santander, Blockfolio and Wanzkaign.
The founder and CEO of ConsenSys, Joseph Lubin was present at the event and shared the most important information about this wallet. ConsenSys is one of the largest virtual currency and blockchain firms around the world.
The @metamask_io mobile app was just announced at #Devcon4! Everyone's favorite #Ethereum browser extension is coming to your phone. The team is focusing on not being 'just a wallet', but a portal to the world of all things #blockchain. https://t.co/3bvQXuF8gV pic.twitter.com/vcaIkkzcVS
— Joseph Lubin (@ethereumJoseph) October 31, 2018
MetaMask is one of the most used Ethereum wallets available in the market and it is capable of handling dApps and other requests. At the same time, it has a very user-friendly interface and enables transfers of ETH and tokens that are launched on the Ethereum network.
During the last years, users were asking for a mobile client of the MetaMask wallet. Some users were even using MetaMask as their main ERC20 and Ethereum wallet. However, individuals could only use MetaMask as an extension on some web browsers such as Chrome, Brave and Firefox.
According to Joel Synder, a senior IT consultant at Samsung Insights said that users preferred smartphones rather than desktops to store their virtual currencies.
About it, he said:
“This is why smartphones have an edge over laptops and desktops for cryptocurrency wallets: without the benefits of the hardware-based TEE, the keys are more vulnerable. There is a significant caveat: a naïve wallet developer might choose to simply store the keys on the normal internal storage of the phone, in which case there’s little additional protection from using the smartphone platform.”
MetaMask works in a different way since users have full control over their funds and not the company behind MetaMask. That means that individuals using this solution should be very responsible for their private keys and how they store them.
With the latest release, MetaMask users will enjoy new functionalities that were not present in the older version. The mobile client will also function as a dApp browser. That means that it will be working as the Store of dApps. Users will be able to run CryptoKitties, or any other Ethereum-based decentralized application.
This can help increase the number of users in various Ethereum dApps that for many were unknown.