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Alternate cryptocurrencies => Service Discussion (Altcoins) => Topic started by: Wenbing on May 01, 2020, 11:07:05 AM



Title: Metamask: What do you know about it?
Post by: Wenbing on May 01, 2020, 11:07:05 AM
Metamask is a browser (Chrome, Vivaldi, Opera and Firefox) extension that makes it convenient for web applications to interact with the ethereum blockchain.

I've read that this extension can change and track activities on a web browser. It has been recommended by some forum also that its suitable and great.

https://www.sitepoint.com/metamask-ethereum-blockchain/

I want to hear your opinion on the following.

1. What make this extension to really stand out?

2. Why should you advise me to use it?

3. Why will you advise  me not to use it?

4. Do we have better alternative to Metamask?


Title: Re: Metamask: What do you know it?
Post by: Ifra24 on May 01, 2020, 11:47:44 AM

1. What make this extension to really stand out?

2. Why should you advise me to use it?

3. Why will you advise  me not to use it?

4. Do we have better alternative to Metamask?

I also use metamask just to exchange idex and forkdelta.

there are several advantages:
1. The MetaMask open-source software code can be reviewed and updated by the community, which means it can be continuously improved.
2. Hierarchical deterministic settings help users back up their accounts.
3. Connect directly with two exchanges where users can buy cryptocurrency. Coinbase and ShapeShift
4. Simple interface, MetaMask is very easy to use.
5. The MetaMask key is stored in the user's browser, not on a remote server.
6. MetaMask has more than one million active users.

There are two disadvantages:
1. The browser will not have access to the private code, but may collect information about when and how you use Metamask.
2. Security system. information stored online risks hacking rather than information stored offline.

I think storage in hadwere wallet is better, there are several hadwere like  Trezor One, Trezor T, Ledger Nano S, Ledger Blue, KeepKey, Opendime
Coldcard, BitBox, BitLox Advanced, BitLox Ultimate, BitLox Extreme Privacy Set, Kasse, CoolWallet and Ecomi


Title: Re: Metamask: What do you know about it?
Post by: cissrawk on May 01, 2020, 12:07:52 PM
1. What make this extension to really stand out?
Of course because its "extension", you don't need to free up some space to install it and it has same feature as other erc20 wallet.

2. Why should you advise me to use it?
Easy to use, you can add token manually like other erc20 wallet. You can set your own fees.

3. Why will you advise  me not to use it?
I don't know. Maybe since its browser extension, is easier to get hacked instead of normal wallet? Well, i never heard about it tho.

4. Do we have better alternative to Metamask?
There always alternative for everything. I don't know a lot about pc wallet that support ERC20 except metamask and myetherwallet(even i don't recommend this one). But if on phone, trust wallet and coinomi is pretty good.


Title: Re: Metamask: What do you know about it?
Post by: Wenbing on May 01, 2020, 03:50:53 PM
Quote
There always alternative for everything. I don't know a lot about pc wallet that support ERC20 except metamask and myetherwallet(even i don't recommend this one). But if on phone, trust wallet and coinomi is pretty good.

That is correct about Trust Wallet. I use it also and the experience has been great. It has great UX and UI. I have not had an issue with it so far. Though, this is my personal opinion about the wallet I use.


Title: Re: Metamask: What do you know about it?
Post by: dunfida on May 01, 2020, 07:59:23 PM

1. What make this extension to really stand out?
Its good but doesnt really mean that it do stand out but its better to have lots of options.
2. Why should you advise me to use it?
You can use it all you want as long you do know how to secure things up.
You can watch this one https://www.youtube.com/watch?v=Q9JpDA-Ax3E
3. Why will you advise  me not to use it?
Its a bit convenient and its your choice if this one would suit you out.
4. Do we have better alternative to Metamask?
I dont know if there are other extensions that is similar to Metamask which do based on erc20 but
there are other similar but in other platforms like Scatter.


Title: Re: Metamask: What do you know about it?
Post by: bittick on May 01, 2020, 09:52:14 PM

1. What make this extension to really stand out?

2. Why should you advise me to use it?

3. Why will you advise  me not to use it?

4. Do we have better alternative to Metamask?
1. easy for use

2 Honestly, i should not advise you to use this buggy wallet

3. I will advise you to not use this caused by there was a lot of problems with this wallet. The buggiest wallet that i have every seen

4. We don't have an alternative to the metamask. The majority of add on wallets are scam wallet.


Title: Re: Metamask: What do you know about it?
Post by: slaman29 on May 02, 2020, 07:57:27 AM
I think one of the best things about MetaMask is that it has a list of websites that also maintains whether or not you have a phishing risk.

Which I really like. As soon as I see my Chrome warning or Meta Mask warning, I'm out like a bullet. It had a vulnerability once but which extension doesn't every now and then?


Title: Re: Metamask: What do you know about it?
Post by: blockman on May 02, 2020, 03:33:26 PM
I have used Metamask before and it's also detecting if the website is unsafe.. I do really liked that feature that it has but I don't know, I just stopped using it. There were answers already whether you must or not use this extension.
I'd like to remind you that before downloading it, look for the actual website because there were news before that users downloaded the wrong version because, they've just searched it on google search.


Title: Re: Metamask: What do you know about it?
Post by: Wenbing on May 02, 2020, 04:31:04 PM
<snip>
2 Honestly, i should not advise you to use this buggy wallet

3. I will advise you to not use this caused by there was a lot of problems with this wallet. The buggiest wallet that i have every seen

4. We don't have an alternative to the metamask. The majority of add on wallets are scam wallet.

I believe what you mean by the term buggy is that it contain some bugs or programming errors that make the software to malfunction right.

Do you have a personal experience using it? If yes, which area of the extension you discovered these bugs. The reason for asking this is because I have read on googel about some great features about it.



I have used Metamask before and it's also detecting if the website is unsafe.. I do really liked that feature that it has but I don't know, I just stopped using it. There were answers already whether you must or not use this extension.
I'd like to remind you that before downloading it, look for the actual website because there were news before that users downloaded the wrong version because, they've just searched it on google search.

Thanks for this helpful comment regarding caution in downloading the extension.
I believe cyber criminals use close websites and botnet to steal people's information.
I also wish to know if there are platforms where one can know if the metamask site or URL is a real one or not and it should also be able to check the authenticity of other sites.

I  believe this is a need as one explore the digital resources.

[moderator's note: consecutive posts merged]


Title: Re: Metamask: What do you know about it?
Post by: blockman on May 02, 2020, 05:23:00 PM
I have used Metamask before and it's also detecting if the website is unsafe.. I do really liked that feature that it has but I don't know, I just stopped using it. There were answers already whether you must or not use this extension.
I'd like to remind you that before downloading it, look for the actual website because there were news before that users downloaded the wrong version because, they've just searched it on google search.

Thanks for this helpful comment regarding caution in downloading the extension.
I believe cyber criminals use close websites and botnet to steal people's information.
I also wish to know if there are platforms where one can know if the metamask site or URL is a real one or not and it should also be able to check the authenticity of other sites.

I  believe this is a need as one explore the digital resources.
There's no need for that platform to identify if the metamask URL is the right one or not. As long as you are aware of the original link, bookmark it and then identify it on your own by just looking at the letters of it.
There are special characters that's being used by the hijackers and scammers to make it look like it's the actual link for Metamask and other cryptocurrency websites.


Title: Re: Metamask: What do you know about it?
Post by: TheUltraElite on May 03, 2020, 05:55:56 AM
I also wish to know if there are platforms where one can know if the metamask site or URL is a real one or not and it should also be able to check the authenticity of other sites.
If you accidentally click on a phishing link that tries to steal your ethereum and have metamask installed, the site will get blocked with a warning that metamask has detected some suspicious behavior. It is safer to use Metamask over MyEtherWallet directly, I believe MEW was built with the more sophisticated users in mind and when phising MEW links started coming up everywhere during ICO sales, Metamask was built to prevent people from getting hacked.

This happened all because people are not aware of hackers prying on sales and setting up such malicious sites to clone MEW and point to that for the tokensale and the users are not willing to bookmark the original site in the first place. But metamask will block the site, thus saving their money.


Title: Re: Metamask: What do you know about it?
Post by: Wenbing on May 03, 2020, 02:23:22 PM
I also wish to know if there are platforms where one can know if the metamask site or URL is a real one or not and it should also be able to check the authenticity of other sites.
If you accidentally click on a phishing link that tries to steal your ethereum and have metamask installed, the site will get blocked with a warning that metamask has detected some suspicious behavior. It is safer to use Metamask over MyEtherWallet directly, I believe MEW was built with the more sophisticated users in mind and when phising MEW links started coming up everywhere during ICO sales, Metamask was built to prevent people from getting hacked.

This happened all because people are not aware of hackers prying on sales and setting up such malicious sites to clone MEW and point to that for the tokensale and the users are not willing to bookmark the original site in the first place. But metamask will block the site, thus saving their money.

That's a great value Metamask have over others in regards to blocking suspicious botnet or malware sites.

Does Metamask detect only crypto related sites or all site that look suspicious or that look insecure to use?

Probably a site that lacks SSL certificate may be very prone to hacking.


Title: Re: Metamask: What do you know about it?
Post by: ololajulo on April 29, 2021, 08:54:50 PM
I got an information of Metamask crowdfund and launch of Token. How true is that?


Title: Re: Metamask: What do you know about it?
Post by: Bitbtc8 on April 30, 2021, 03:35:37 PM
Right from day one I've never liked any thing that runs through browser add-on or plugins because the first time I would experience malware was through browser plugins, I'm not surprised that metamask ( as good as it is ) can be easily compromised just by browsing the web, I started using metamask with confidence when the team released the app version


Title: Re: Metamask: What do you know about it?
Post by: Ceyflix-Rez on May 01, 2021, 05:40:25 PM
I got an information of Metamask crowdfund and launch of Token. How true is that?
Any link to back this up? I heard if metamask is ever  going to release their own token every metamask users might benefits from a airdrop so I've been using the wallet more than ever, I missed uniswap airdrop and others I don't plan on missing this


Title: Re: Metamask: What do you know about it?
Post by: Enzo05 on May 01, 2021, 08:09:56 PM
For me, this is a really useful tool for crypto wallets and my first choice when interacting with dex exchanges when on my desktop and they have their own swap also with popular dex listed tokens and the good thing about this application it is evolving and looking for good things to add to their services


Title: Re: Metamask: What do you know about it?
Post by: Kavelj22 on May 01, 2021, 09:47:38 PM
1. What make this extension to really stand out?
One of the first ways to interact with Ethereum network + having a lot of features like managing ERC20 tokens and connect to many decentralized exchanges...

2. Why should you advise me to use it?
i would advice you to use a hardware wallet to store your funds, otherwise for daily paiyments, metamask is a good option as a browser addon friendly use and safe as much as you safely use the net.

3. Why will you advise  me not to use it?
Personally, i have no reasons to do it.

4. Do we have better alternative to Metamask?
Recently, i discovered MEW CX, it's a browser extension as well that provides all the functionalities of MyEtherWallet interface helping to use different addresses for different Dapps. I suggest you to take a look at it:
MEW CX Web3
 (https://medium.com/myetherwallet/mew-cx-the-web3-wallet-that-puts-the-user-in-full-control-90452755b4#:~:text=MEW%20CX%20is%20the%20first,you%20connect%20to%20a%20Dapp.&text=Burn%20addresses%20and%20control%20over,same%20wallet%20to%20multiple%20Dapps.)https://chrome.google.com/webstore/detail/mew-cx/nlbmnnijcnlegkjjpcfjclmcfggfefdm?hl=en


Title: Re: Metamask: What do you know about it?
Post by: mrjoy15 on May 02, 2021, 02:58:34 AM
1. I never used the metamask extension before that, but I came to know it has lot of option and many use cases.

2. I would advice metamask extension over myetherwallet.

3. After I discover, mainly BSC introduced as of alternative Ethereum network. Overall in the terms of popularity metamask will come first. So, use it.

4. There always alternatives. For me, I used Trust wallet but I would recommended metamask.


Title: Re: Metamask: What do you know about it?
Post by: cabron on May 02, 2021, 03:33:42 AM
1. I never used the metamask extension before that, but I came to know it has lot of option and many use cases.

2. I would advice metamask extension over myetherwallet.

3. After I discover, mainly BSC introduced as of alternative Ethereum network. Overall in the terms of popularity metamask will come first. So, use it.

4. There always alternatives. For me, I used Trust wallet but I would recommended metamask.


Trust wallet doesn't really support all ERC20 tokens, I have tried installing it and there are tokens that don't appear there. The transactions on metamask are also not going through most of the time, the transactions just piled up on queue. If there is any other else wallet I might just try it even if I have to pay higher. Myetherwallet works better also the MEW on phone.


Title: Re: Metamask: What do you know about it?
Post by: dihari on May 02, 2021, 03:51:26 AM
In this decentralized financial era, metamask is the most powerful tool to enter any defi platforms. It is an easy-to-use web3 wallet that suitable for almost all dapps or AMM platforms.
And also it's not only for ethereum network usage, you can use metamask to manage few others network like bsc or rsk by custom rpg feature.


Title: Re: Metamask: What do you know about it?
Post by: elda34b on May 02, 2021, 11:04:07 AM
Trust wallet doesn't really support all ERC20 tokens, I have tried installing it and there are tokens that don't appear there. The transactions on metamask are also not going through most of the time, the transactions just piled up on queue. If there is any other else wallet I might just try it even if I have to pay higher. Myetherwallet works better also the MEW on phone.
You can manually add the tokens on Trust Wallet. The queue issue probably happens due to the fee itself, not because MetaMask. If that doesn't solve your problem you can easily clear your local data and create a new account. Sometime the data got corrupted due to various reasons, such as attempting to speed up your tx multiple times before it was published to the nearest node.


Title: Re: Metamask: What do you know about it?
Post by: royalfestus on January 31, 2023, 09:57:32 PM
Interested fellows can learn the basics of web3, DAO from Metamask at their own pace. The lessons are available in English and other 7 languages on https://learn.metamask.io/ . As MetaMask Learn becomes a definitive library of educational content on Web3,according to the webpage of the wallet more lessons and languages will be added.


Title: Re: Metamask: What do you know about it?
Post by: milewilda on February 02, 2023, 07:44:30 PM
Metamask is a browser (Chrome, Vivaldi, Opera and Firefox) extension that makes it convenient for web applications to interact with the ethereum blockchain.

I've read that this extension can change and track activities on a web browser. It has been recommended by some forum also that its suitable and great.

https://www.sitepoint.com/metamask-ethereum-blockchain/

I want to hear your opinion on the following.

1. What make this extension to really stand out?

2. Why should you advise me to use it?

3. Why will you advise  me not to use it?

4. Do we have better alternative to Metamask?

1. Not that much but it is the most common wallet specially its a non custodial ones as long you dont expose those keys and approved those permissions or transactions then you should be fine.

2. Its up to you because it would really be just that relevant on using this extension if you are really dealing off with something  that do requires wallet log in or those purchases.

3. Use it up according into the convenience that it gives as long you do know those safety protocols then there's nothing you should be worried about.

4. Trustwallet which i've been using for a while.


Title: Re: Metamask: What do you know about it?
Post by: Almasani on March 06, 2023, 08:16:01 PM
1. What make this extension to really stand out?
2. Why should you advise me to use it?
Two questions maybe I can answer with one answer.
Metamask is an extension application developed by Consensys Software which is basically for running the Ethereum smart chain. But as the development of blockchain technology with one Wallet address can be used for several blockchain, then Metamask provides Custum RPC services, where users can customizes smart chains as needed.


Title: Re: Metamask: What do you know about it?
Post by: kelonmusk on March 13, 2023, 01:20:32 AM
In my opinion, what makes Metamask stand out is its ease of use and convenience for interacting with the Ethereum blockchain. It allows you to securely manage your digital assets, view your transaction history, and interact with decentralized applications (dapps) in your web browser.

It also provides a high level of security, with features such as password protection and initial phrase backup to protect your assets.

I would definitely recommend using Metamask if you are interested in using Ethereum-based dapps or managing your Ethereum assets.

So, Metamask is widely used and trusted in the Ethereum community, and provides a seamless experience for interacting with the blockchain. Also, it is free to use and can be installed easily as a browser extension like Chrome browser.

Lastly, one thing is important. Make sure you connect Metamask to a trusted site. So, the actual control is completely in your hands.


Title: Re: Metamask: What do you know about it?
Post by: Pezroly on March 20, 2023, 03:20:29 PM
MetaMask wallet with Ethereum network you can use if you need altcoins and/or tokens, which are supported by decentralized MetaMask wallet Ethereum network or another popular networks, like BNB Smart Chain network. Good example are altcoin Binance Smart Chain BNB various tokens - Tether BEP20 USDT, Binance USD BUSD etc.. Of course, you can try to find multi altcoin wallets, like Atomic wallet, but in fact MetaMask will be more simple and better. Plus you can exchange your altcoins/tokens inside wallet via swap, and add networks and various less popular tokens by yourself, if token is supported by network.



Title: Re: Metamask: What do you know about it?
Post by: dansus021 on March 21, 2023, 02:28:58 AM
Install it and you will know how powerful is metamask especially if you like to play with DeFi Universe including Play to earn and NFT.

I'm using metamask for over 3 years now and everything went smoothly combined with https://chainlist.org/ damn you can travel through multichain Polygon Arbitrum Optimism smarchain avalanche fantom iotex dozen you name it and all Dapp is mostly using Metamask for their default wallet


Title: Re: Metamask: What do you know about it?
Post by: josephsonand on April 18, 2023, 06:16:35 AM
Metamask is good, but some people are worried about privacy and security with browser extensions. I recommend trying XGo instead. Their web 2.5 platform is more user-friendly and WalletID lets you use a single ID for all your coins/tokens. They want to make crypto easy for everyone, so I trust them.


Title: Re: Metamask: What do you know about it?
Post by: alexvause7 on April 19, 2023, 08:39:29 AM
Metamask is good, but some people are worried about privacy and security with browser extensions. I recommend trying XGo instead. Their web 2.5 platform is more user-friendly and WalletID lets you use a single ID for all your coins/tokens. They want to make crypto easy for everyone, so I trust them.

Never heard of it. Metamask is one of the most trusted wallets. There is no alternative for it.

I just don't like how extensions work generally. You click somewhere else and it will be hidden. They should fix that problem.


Title: Re: Metamask: What do you know about it?
Post by: Bitstar_coin on April 20, 2023, 11:13:48 AM
I got an information of Metamask crowdfund and launch of Token. How true is that?

I don't know about crowdfunding but the news of a retroactive mm airdrop has been flying all over Twitter a few days back, there were even posts with criteria of the airdrop but the mm team made a public ann disregarding the news. However, airdrop farmers are strongly convinced that there will be one in the future and the criteria will include using the mm bridge that was recently added in the extension, and swapping using different networks, but these are all speculations nothing official.


Title: Re: Metamask: What do you know about it?
Post by: vv181 on April 21, 2023, 12:21:48 PM
Metamask is good, but some people are worried about privacy and security with browser extensions. I recommend trying XGo instead. Their web 2.5 platform is more user-friendly and WalletID lets you use a single ID for all your coins/tokens. They want to make crypto easy for everyone, so I trust them.

You are simply shilling, not recommending it. Metamask is pretty much the industry standard for cryptocurrency usage. The number of users, the activeness of development, and the ecosystem supporting it made it a robust wallet.

I tried to look around about XGo, and I can hardly see it is better than Metamask. I did not see any source code. The platform/wallet requires the user to sign up. It is hardly talked about here and on Reddit. So instead of claiming user-friendliness and easy option, people should be wary if they decide to use this wallet.