ConsenSys introduced V6 of the Crypto web3 wallet MetaMask with the goal of providing a higher degree of assistance for users to handle crypto assets in complete privacy.
ConsenSys is the engineering team behind MetaMask, a prominent decentralized non-custodial wallet. Despite the increasingly centralized nature of the Defi protocols, ConsenSys wanted to make this crypto wallet a top choice among crypto traders.
The MetaMask team launched a new version of this wallet on March 14, 2023, and announced that the new version features several improvements such as shorter load time, better improvement, and fewer issues.
The most significant improvement in this new version is the ability for MetaMask users to select an RPC node.
Prior to this update, a new MetaMask user was automatically connected to the ConsenSys-owned Infura RPC node. Users of MetaMask could change the default setting, however, by default, user data was automatically transferred to ConsenSys. ConsenSys was leveraging data to improve user experience in its crypto Web3 wallet, however many in the crypto world chastised ConsenSys for this type of default RPC node selection, citing a report from Ethereum node operator Chase Wright.
New MetaMask users can now simply select a different RPC node than the default Infura node in V6.
ConsenSys executives indicated in 2022 that they are willing to create a native crypto token in the MetaMask wallet, but only through an airdrop plan, and the new token will be centered on an actual business case, unlike tokens released by crypto exchanges.
A few malicious actors took advantage of this news and minted phony MetaMask tokens on the Binance Smart Chain (BSC) network in order to dupe unsuspecting crypto investors into falling into this fake token trap.
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