MetaMask Updates User License, Some Users Need to Pay Fee

Nothing in life is free.

MetaMask announced it had made updates to its products’ use license.

The company stated in a press release published on its blog that the new updates will not have any impact on all end-users, most application developers and non-profits and will be free of charge for those groups.

The company clarified that it would continue publishing and iterating upon the wallet provider API in the public sphere, ensuring a widely cross-compatible ecosystem of applications. It added it would remain committed to publishing all code in a public repository.

What about using MetaMask for commercial purposes?

According to MetaMask, developers who copy, modify, or fork the MetaMask codebase for commercial use, are invited to sign a formal commercial agreement with the company.

“For example, if you’ve copied MetaMask and offer it commercially to an audience larger than 10,000 monthly active users, we would like to enter into a formal commercial agreement,” the company said.

MetaMask justified this step, saying that in order to continue providing high-quality products in the future, it was necessary to obtain fair compensation that would allow them to continue and develop.

It is worth noting that MetaMask launched the eighth update of its Ethereum wallet last July, which includes a number of new features such as enhanced privacy control and a new account-login system.

Source: Cointelegraph.com

let us know if you have other interesting news about this topic or other interesting crypto news. Take a look at our useful collection of bitcoin videos and learn more about Bitcoin and Blockchain. Investing in Crypto can be very profitable but always make sure you’re keeping your coins safe and keep being informed reading our latest news about cryptocurrencies.

You’re invited to share your opinion about this news “MetaMask Updates User License, Some Users Need to Pay Fee” by adding your comment bellow. Let’s keep this discussion civilized with a non-offensive language.

Tags: crypto newscryptocurrency news

Avatar

Passionate about Crypto-Currencies and Bitcoin enthusiast. Oliver is an Editor on Crypto Cool News.

Add Your Comment