Ethereum light wallet MetaMask may change the open source model and intend to sign an agreement with developers who will commercialize it

The Ethereum light wallet MetaMask issued a document on August 21, saying that it will improve the way the MetaMask software is licensed. In order to remain competitive, MetaMask will be released under a license in the new version, which will continue to be free for end users, most application developers and non-profit organizations, but for copying the MetaMask code and providing it commercially For organizations and individuals with more than 10,000 monthly active-ethexc audiences, MetaMask hopes to sign a commercial agreement.

Bank of America: Although the merger has pushed up the price of Ethereum in the short term, the long-term outlook is still not optimistic: Golden Finance reported that Bank of America said in a report on Friday that Ethereum (ETH) jumped from mid-July to mid-August Prices may continue to fade as investors gain a better understanding of ethereum's technical upgrades and the impact of future blockchain upgrades. “Investors may realize that ethereum’s transition to proof-of-stake (PoS) will not solve scalability issues or high transaction fees,” Bank of America analyst Alkesh Shah wrote in a note to clients.

Traders emphasized that while the merger may have contributed to ethereum’s short-term price appreciation, the asset’s long-term outlook remains bleak given weak macroeconomic sentiment and bitcoin’s technicals pointing to the downside. (CoinDesk) [2022/8/27 12:51:22]

Since MetaMask was first released, it has provided a browser extension that allows more than 4 million people to connect to Ethereum under the permissive MIT license. However, in order to compete with upstream product wallets (such as web browsers) and continue to provide a secure browser to new users, MetaMask needs to improve its approach and set parameters around how developers release MetaMask versions and get paid fairly.

SumSwap has successfully applied for the Arbitrum whitelist of the Ethereum L2 network: According to official news, the decentralized protocol SumSwap has successfully applied for the Arbitrum whitelist of the Ethereum L2 network, and the SUM token has been successfully bridged to the Arbitrum network, and the Arbitrum L2 network deployment and closed beta.

Arbitrum is the Ethereum L2 network. SumSwap is a decentralized protocol developed in the UK. It is currently deployed on the Ethereum mainnet. Once its L2 test is successful, both processing speed and Gas fee will be greatly optimized. [2021/9/25 17:06:15]

In the future, MetaMask will be licensed. For all end users, most app developers, and nonprofits, this will have no impact: MetaMask will remain free. Developers will have the same access to MetaMask APIs as in the past, supporting the same types of applications as before. MetaMask will continue to release and iterate wallet provider APIs in the public domain to ensure a broad cross-compatible ecosystem of applications. MetaMask remains committed to releasing all code into a single public repository.

News | The US Federal Election Commission may approve congressional candidates to issue Ethereum-based reward tokens: According to coindesk, in late May, congressional candidate Omar Reyes, who is running for Florida’s 22nd congressional district, sent a letter to the Federal Election Commission (FEC ), seeks to “distribute the Ethereum-based ‘Omar2020’ (OMR) token to potential volunteers and to any interested voters. The letter emphasizes that the token has “no monetary value” and is essentially a volunteer The digital scoreboard. As the election campaign draws to a close, its committee hopes to reward volunteers who have received the highest number of OMR tokens. FEC Chairman Ellen Weintraub issued a draft advisory opinion on July 5, indicating that the experiment may be allowed, noting that the The tokens themselves resemble more traditional types of campaign memorabilia and would not violate federal regulations.[2019/7/11]

Developers can still copy, modify, and promote versions of MetaMask. However, MetaMask would like to open up a dialogue with developers who copy, modify, or fork the MetaMask codebase for commercial use. For example, if you copy MetaMask and make it commercially available to an audience of over 10,000 monthly active-ethexc users, then MetaMask wants to enter into a formal commercial agreement with you. That said, MetaMask now reserves the right to establish a proprietary licensing agreement if a wallet launched with MetaMask code begins commercially serving more than 10,000 monthly active-ethexc users.

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