To make the process as simple and secure as possible, MetaMask also enables the creation of crypto wallets using Google or Apple accounts without using complex seed phrases.
The MetaMask self-custodial crypto wallet has introduced a revolutionary social login tool. The update enables users to create, back up, and restore wallets by using their Google or Apple accounts.
The initiative makes the creation of a wallet easier as the classic 12-word Secret Recovery Phrase (SRP) process is removed, a step that new users may have considered an obstacle.
Sign in, Set Password, Access Wallet
The new procedure involves only two steps: a user has to log in with a Google or Apple ID and generate a special password. MetaMask then uses an SRP locally to create a secure local store.
The same social account credentials, together with a password, will allow users to recover their wallets at any time, making the process of managing crypto wallets much simpler.
Security Meets Ease–No Compromise
MetaMask emphasizes that neither it nor any other entity can access the SRP in its entirety. It is possible to gain login to the wallet on the local level by utilizing a combination of the user’s password and the credentials that are used for social login.
This conserves the self-custodial quality of wallets so that their users can retain full control of their digital assets without compromising on security.
This equilibrium combines the familiarity of Web2 with the safety of Web3, ensuring that crypto is more affordable but control is squarely in the hands of the users.
Nevertheless, the fact that losing the password results in loss of access to the wallet cautions users in MetaMask about the importance of managing passwords.
A Step Toward Broader Crypto Adoption
The social login feature is part of the approach of MetaMask to create less friction and streamline the process of onboarding new users.
It is paired with other innovations by MetaMask, such as their stablecoin known as MetaMask USD (mUSD), which was developed with the help of Stripe-owned Bridge.
The addition of the social login feature in MetaMask may prompt the adoption of crypto by everyday users, as it is easy to use and trust, by reducing the complexity barrier and seed phrase loss during registration.
