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MetaMask, a leading wallet in the Ethereum (ETH) ecosystem, plans to support Bitcoin (BTC). The exact timeline is unknown, but it’s anticipated that access could be provided within a month. Bitcoin functionality may be initially limited with further expansion to follow.
The MetaMask wallet serves as a portal for over 30 million active users into the Web3 world of decentralized applications and non-fungible tokens (NFTs). Ethereum, which emerged almost a decade ago, enhanced blockchain capabilities with support for smart contracts.
Developed by Consensys, MetaMask utilizes an ERC-20 token known as Wrapped Bitcoin (WBTC) to integrate Bitcoin into Ethereum’s decentralized apps. A MetaMask representative stated their commitment to building a multi-chain Web3 environment and are working on new features to improve the wallet. No specific development timelines have been confirmed yet.
Sentiment: Positive
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