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- Welcome Kevin_Lee to the Gate Square! 🎉
Looking forward to more great crypto insights from him.
Check out and engage with Kevin_Lee’s latest post!
👉 Post: https://www.gate.com/post/status/11758920
👉 Profile: https://www.gate.com/profile/Kevin%20Lee
Let’s give Kevin_Lee a warm welcome! 👏👏👏
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The first signal from the platform that has been lying about launching Altcoins for years has arrived: A historic moment may be near!
Ethereum developer ecosystem's leading name ConsenSys has attracted attention with the statements of its founder Joseph Lubin.
Lubin, by answering a user's question regarding token plans for MetaMask, announced that the company is developing short and medium-term strategic plans and that the initial token distribution will take place on the LINEA network. He stated that future protocols are designed to work synergistically with each other.
A few days ago, ConsenSys shared an important acquisition news with the public. The company announced that it has integrated the Singapore-based Web3Auth platform into its operations. This move aims to strengthen the user-friendly structure of MetaMask. Web3Auth allows users to log into their crypto wallets using popular social media accounts like Google, Facebook, and Discord.
Traditional crypto wallet setup typically requires writing down and securely storing a "seed phrase" consisting of 12 to 24 words. Users who lose this phrase can completely lose access to their wallets. These challenges pose a significant barrier, especially for those who are new to the crypto world.
Dan Finlay, one of the co-founders of MetaMask, stated that the main purpose of this acquisition is to attract new users to the platform: "This move is about bringing more people into the ecosystem."
*It is not investment advice.
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