Introducing Smart Transactions: A New Feature for Safer and More Cost-Effective Blockchain Transactions
MetaMask has introduced Smart Transactions, a new feature aimed at protecting users from harmful forms of Maximal Extractable Value (MEV) and reducing costly on-chain failures. Smart Transactions represent a significant advancement in making blockchain transactions safer, more predictable, and cost-effective. During beta testing, Smart Transactions achieved a 99.5% transaction success rate, which means fewer failed transactions and more efficient interactions with the blockchain. The feature predicts gas costs more accurately, prevents costly front-running, and greatly reduces failed transactions, leading to fewer unnecessary losses. Additionally, users can monitor the real-time status of their transactions directly through an intuitive dashboard, offering a seamless and stress-free experience. Smart Transactions is an opt-in feature available to all users on the Ethereum Mainnet, and users can toggle back and forth from standard transactions anytime.