The logic also, however, aligns with many calls within the crypto industry to prioritize making user experience better and more intuitive, not just for wallets but also for decentralized exchanges (DEXs) and everything else. The problem, as crypto and security experts including MetaMask’s Taylor Monahan have pointed out, is that a smooth user experience is almost inextricable from security risks. In fact, she specifically cites another “ease-of-use” feature that led people to not save their private keys properly. It’s about a feature of an early version of MyCrypto/MEW, the wallet Monahan built before joining Metamask recently. Specifically, the feature was an automatic download/display of all the wallet information that people apparently forgot to write down pretty often.
Related posts
-
Latam Insights: Paraguay Unveils Bitcoin Mining Centric Development Strategy, Itau Unibanco Rolls Crypto Trading for All Customers
Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during... -
Turkish Bank Garanti BBVA Embraces Digital Assets With New Crypto Wallet and Trading Platform
In a significant move towards embracing digital assets, Turkish... -
Malaysia Launches Special Operation to Crack Down on Crypto Tax Evasion
Malaysia’s Inland Revenue Board (IRB), in collaboration with the...