MetaMask wallet review

MetaMask
MetaMask
Very basic Ease of use,  High Privacy,  User Private Keys Stored

MetaMask is a Chrome extension that works as a wallet for the Ethereum currency, and it can also be used to access Ethereum-enabled websites and decentralized applications through its vault. The best feature of this browser wallet is its convenience and the fact that it is very easy to use.

The MetaMask Extension for Google Chrome is very easy to use and does not have complicated features. It has two main functions, a simple wallet for Ethereum and an identity vault that allows the user to access other Ethereum platforms or decentralized apps (Dapps) and authorize transactions with one click.

Company / organization behind the wallets

The MetaMask team is listed on the website and there are links to their Twitter accounts. There are many articles written by the team members online, about MetaMask and the wider subject of cryptocurrency. The founder is Aaron Davis, known online as Kumavis, and he gives presentations about his work and has been a guest on blockchain-themed shows.

Crypto Currencies Support

Language Support

  • Chinese
  • English
  • Japanese
  • Spanish

Supported Systems

  • Online Only
  • Google Chrome Browser

MetaMask does not store the users' private keys on their servers, instead the keys are password-encrypted and stored by Google Chrome on the user's computer. Users need to store their 12-word seed somewhere safe in order to restore their wallet if the password is lost. There are concerns about the wallet's hot storage on the browser that could make it vulnerable to hacking.

Summary:

Security
Low
2 Factor Authentication
No
Multi-Signature
No
Private Keys Stored On
User
Storage Type
Hot storage
Transactions Validation
Centralized validation
Hierarchical Deterministic
No

What happens in the event of a disaster/theft/loss?

The user has a 'root key', 'recovery phrase' or 'word seed' that can be used to regenerate private keys.

The user interface of MetaMask is very friendly and users are greeted by a friendly fox that moves its head along with the mouse on screen. The team seems to be willing to improve the usability of the extension and they are very active online. It's probably best for users that move money quite often as its hot storage may not make it a good place to hold large assets for a long period of time.

Summary:

MetaMask is an Ethereum wallet that works as a google Chrome extension. It allows users to quickly and very easily access the Ethereum Ecosystem. The security is average so it is not designed for saving large amounts of Crypto but it makes up for that weakness in usability. It's designed users who interact with the Ethereum Ecosystem on a regular basis.

Ease of use
Very basic
Suitable For
Account activation process
Simple
Transaction fees
Dynamic Transaction fees
Setup fee
$0.00

The MetaMask Extension for Google Chrome is very easy to use and does not have complicated features. It has two main functions, a simple wallet for Ethereum and an identity vault that allows the user to access other Ethereum platforms or decentralized apps (Dapps) and authorize transactions with one click.

There are none

Help and
support:

  • FAQ section
  • Contact form
  • Email
  • Peer to Peer assistance

Most common
customer complaint:

Slow transaction time and glitches in the user interface