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Review on MetaMask by Alex Martakov

Revainrating 5 out of 5

Metamask is the best "simplicity/security" access to your ethereum wallet at…

Metamask is the best "simplicity/security" access to your ethereum wallet at the moment. Login via private key in MyEtherWallet now become dangerous due to the flourishing of any kind of malware. If you're going to use this new wallet, you don't really need to do anything else. The only thing, just in case you can save a private key from this wallet — you will have another backup way to restore it. To do this, click on the three dots and select "Export Private Key". After that you will need to enter a password, and displays your privatic. It is copied by clicking on it with the left mouse button, plus it can be saved as a separate file if you want. Yes, and once again I will remind that it to Shine too to anybody it is impossible.



Pros
  • It is considered one of the safest ways to access the Ethereum blockchain. Perhaps only hardware wallets (Ledger, Trezor) are more reliable. We do not enter a private key in the browser window, which means we are protected from any malicious plugins and viruses that steal our personal data. You don't need to trust this company. As in the case of MyEtherWallet, here we have only an interface, an add-in that implements access to the blockchain. Our money is still stored in our wallet. To give a convenient analogy, the Metamask is a lock with a code on the door of our storage, and, for example, a purse blockchain -it's a Bank where we Deposit our money. The responsibility for storing key phrases and private keys in the first case is entirely on us. If we lose them, we lose our money. But we do not depend on anyone else — Metamask or MEW will stop working, something else will appear that will allow us to interact with the Ethereum blockchain. The blockchain itself-the register of addresses, balances and transactions — will not go anywhere. That's cool. 1. it has an excellent data protection system; 2. simple and clear to use; 3. supports not only Ethereum cryptocurrency, but also ERC-20 tokens; 4. it is possible to create multiple accounts; 5. restore access in case of loss of password, you can very quickly; 6. supports several popular browsers; 7. installation and registration process are quick and clear.
Cons
  • Small selection of nodes, in particular the lack of Ethereum Classic nodes. Well, that is ETC we using plugin Metamask to interact yet. Throwing out on the main page of the wallet when minimizing the plug-in window. We have to re-enter the desired menu item, if we need, for example, something to copy elsewhere. A small thing, but terribly annoying sometimes

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