ConsenSys Exec on MetaMask Snaps Security: ‘Consent is King’
As malicious actors continue to attempt to steal users' crypto assets, wallet provider MetaMask has developed a way to provide users with additional insights into transactions and interactions within the app.
In an interview with Cointelegraph, ConsenSys Head of Developer Community, Francesco Andrelli, talked about ensuring that the recently released MetaMask Snaps are safe for users. The executive highlighted the importance of authorization and ensuring users know each step of their journey across multiple chains and decentralized applications.
With different users' crypto assets such as wallets, the security of MetaMask Snaps may be a concern for users before trying out the new feature. However, Andreoli keeps user consent as one of its top priorities and has designed Snaps to provide full transparency on how each Snap interacts with the MetaMask wallet extension.
He said the new update will show more data points to give users insight into their transactions: “So one of our big enablers for security is transaction insight. Basically, what's happening with Marketing Insights is you get more data points on what the extension is doing today.
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In his keynote, Andreoli showed how Snap, called Wallet Guard, helps protect users from malicious transactions. The executive explained to Cointelegraph that before signing and approving transactions, it shows different information about what users intend to do:
“Essentially, what's happening is that before you sign and approve a transaction, you have different data points. Just like if you are dealing with a malicious contract or have a different interaction. This happens before you approve the transaction.
He emphasized that users are “fully aware” of what is happening. According to Andreoli, this is a feature that MetaMask paid extra attention to when developing Snaps.
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