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— Tuum Technologies (@TuumTech) June 18, 2024
Key Features of the Hedera Update
Especially with the incorporation of the Hedera Smart Contract Service (SCS), this major version offers notable improvements. Users can now create, update, and delete smart contracts, as well as retrieve and call their bytecode and information.
These features provide MetaMask with autonomous, self-executing logic, launching a new category of Hedera network applications.
Retail users may now use a powerful platform that blends the simplicity of MetaMask with the sophisticated capabilities of Hedera, thanks to the integration of Hedera’s Token Service and Smart Contract Service.
This plugin takes advantage of Hedera’s well-known efficiency and cheap transaction costs to let users manage and deal with both fungible and non-fungible tokens inside MetaMask. As such, engaging in the digital economy is made easier, and using digital assets becomes safer and more accessible.
Benefits for Developers
Developers will find this upgrade very significant. Using Hedera’s fast, inexpensive, and ecologically responsible platform, developers can create and launch complex applications on MetaMask by integrating its Smart Contract Service.
These applications, which open up new creative opportunities, might be anything from social networking platforms to financial services.
Meanwhile, CoinMarketCap data shows that the price of HBAR at the moment of writing is at $0.08119, slightly up 0.13% over the last 24 hours. Still, throughout the previous seven days, the price has declined by 8.01%, indicating a bearish trend.
Previously, the HBAR Foundation just declared a collaboration with the Nordic Blockchain Association to increase blockchain use in Denmark, Finland, Norway, Iceland, and other Nordic nations.