MetaMask to Embrace Bitcoin Integration, Blurring Blockchain Lines
Popular Ethereum wallet MetaMask is taking a step towards becoming a multi-chain powerhouse, with plans to add native Bitcoin (BTC) support, according to sources familiar with the matter.
The exact timeline remains uncertain, with estimates ranging from within the next month to a more gradual rollout with features evolving over time.
This move signifies a potential bridge between the two leading blockchain ecosystems. MetaMask, currently catering to over 30 million monthly active users, primarily functions within the Ethereum (ETH) network, known for its smart contract capabilities.
Bitcoin, on the other hand, has recently seen the introduction of similar functionalities like NFTs (Ordinals and Runes).
Whether MetaMask integration will directly interact with these advancements on Bitcoin is unclear.
MetaMask, developed by Ethereum-focused Consensys, has not confirmed an official timeline but acknowledges their commitment to exploring multi-chain functionality and user experience improvements.
While not directly supporting Bitcoin currently, MetaMask utilizes Wrapped Bitcoin (WBTC) – an ERC-20 token – to bridge Bitcoin into Ethereum’s decentralized applications.
For more Web3 news, check out the XGA newsfeed.
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