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Author Topic: Metamask: What do you know about it?  (Read 361 times)
Wenbing (OP)
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May 01, 2020, 11:07:05 AM
Last edit: May 01, 2020, 11:59:07 AM by Wenbing
 #1

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?

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May 01, 2020, 11:47:44 AM
Last edit: May 01, 2020, 12:19:20 PM by Ifra24
 #2


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

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May 01, 2020, 12:07:52 PM
Merited by TheUltraElite (1)
 #3

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.

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May 01, 2020, 03:50:53 PM
 #4

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.

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May 01, 2020, 07:59:23 PM
 #5


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.

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May 01, 2020, 09:52:14 PM
 #6


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.

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May 02, 2020, 07:57:27 AM
 #7

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?

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May 02, 2020, 03:33:26 PM
 #8

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.

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May 02, 2020, 04:31:04 PM
Last edit: February 26, 2021, 01:17:29 PM by mprep
 #9

<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]

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May 02, 2020, 05:23:00 PM
Merited by TheUltraElite (1)
 #10

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.

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May 03, 2020, 05:55:56 AM
 #11

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.

 
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May 03, 2020, 02:23:22 PM
 #12

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.

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April 29, 2021, 08:54:50 PM
 #13

I got an information of Metamask crowdfund and launch of Token. How true is that?

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April 30, 2021, 03:35:37 PM
 #14

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

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May 01, 2021, 05:40:25 PM
 #15

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

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May 01, 2021, 08:09:56 PM
 #16

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
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May 01, 2021, 09:47:38 PM
 #17

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://chrome.google.com/webstore/detail/mew-cx/nlbmnnijcnlegkjjpcfjclmcfggfefdm?hl=en

 
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May 02, 2021, 02:58:34 AM
 #18

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.
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May 02, 2021, 03:33:42 AM
 #19

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.

dihari
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May 02, 2021, 03:51:26 AM
 #20

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.

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