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The widely used Web3 wallet has officially introduced a new feature known as ‘Snaps,’ which facilitates its growth beyond the limitations of Ethereum.
This development signifies a new opportunity for developers and users of Metamask, who will gain from enhanced interoperability and compatibility with various non-EVM blockchains.
The origin of this feature can be traced back to a proposal by Dan Finlay, the co-lead developer at Metamask, aimed at creating a platform that invites developers to create permissionless solutions that integrate with the wallet.
After considerable progress, the vision put forth by Dan Finlay is materializing with the rollout of Metamask Snaps in Extension v11.0+.
Metamask characterizes Snaps as innovative features crafted by third parties that users can install directly into their wallets without needing permission. This initiative provides a capability for anyone to incorporate features from independent developers directly into their Metamask wallet.
As stated by Metamask;
“Snaps run in a sandboxed environment and use a permissions model to protect your data and respect your consent. Snaps do not have access to your MetaMask account data. When installing a Snap, make sure you understand what permissions you are granting.”
Reports suggest that Metamask collaborated with approximately 150 different developers in the creation of this new functionality. The introduction of Snaps represents a significant advancement for innovation rooted in Metamask, advancing the decentralization movement into a new phase.
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Snaps Facilitate Interoperability with non-EVM Blockchains
According to Metamask’s snap directory, 34 snaps are available and ready for use by crypto investors at launch. As per Metamask, one of the main categories of the allowlisted ‘Snaps’ emphasizes the interoperability and compatibility of Metamask with non-EVM blockchains, such as Solana, Bitcoin, Algorand, Cosmos, and others. There are two Solana-focused, one Algorand-focused, and one Bitcoin-focused Snap.
The BTCSnap is the first product enabling users to manage BTC directly within Metamask without the need to wrap the tokens.
The Algorand Foundation has introduced an Algorand Snap, which allows users to manage, swap, and transfer accounts directly through Metamask.
Solflare Wallet and Drift Labs have released various integrations of Solana wallets, enabling investors to swap, stake, connect to Solana Dapps, and even bridge from EVM to SOL with ease.
Additional interoperability-focused snaps that have already been launched include Tezos-Metamask-Snap, CubeSigner, Cosmosnap, Consensys/Starknet Snap, and Mina Portal, among others.
Notification and Transaction Insight Snaps
In addition to the interoperability Snaps, Metamask has also introduced Notification and Transaction Insight features. Notification snaps provide chat functionalities and notifications directly within Metamask. Examples of such tools include Push Snap by Push V1, Walletchat-Metamask Snap, and others.
Transaction Insight Snaps offer clear and detailed analysis of blockchain transactions. These Snaps include Forta network-Metamask Snap, risk detect-snap, Blockfence-insights, Tenderly Snap, and Wallet Guard.
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