After A Decade On Ethereum, Why MetaMask Is Finally Embracing Bitcoin
Briefly

After A Decade On Ethereum, Why MetaMask Is Finally Embracing Bitcoin
"Metamask, the popular Ethereum and DeFi wallet, announces Bitcoin integration as the company continues its expansion into multiple chains other than Ethereum. The wallet boasts 143 million downloads and over 30 million monthly active users, making it one of the most popular crypto wallets in the world. Developed by Consensys, an Ethereum-born software development arm, Metamask has become a beast of its own, achieving massive success and adoption in the crypto industry."
"Having operated for over a decade, Metamask defined the user experience of in-browser wallets, copied by many of its competitors. Up until recently, Metamask was an Ethereum-only wallet, focusing on helping users move their wealth across Ethereum bridges, but in October, the wallet announced its planned expansion into Solana, and now Bitcoin has entered the list of blockchains it supports natively."
"The Bitcoin integration was made possible in part thanks to the Bitcoin Development Kit, an open-source Bitcoin wallet library designed to make Bitcoin app development very easy. Metamask's Bitcoin integration marks a major milestone for the growing Bitcoin DeFi ecosystem, which was previously thought to be a niche only available to new blockchains like Ethereum, thanks to their smart contracting capabilities."
Metamask added native Bitcoin support, expanding beyond Ethereum to multiple chains and leveraging the Bitcoin Development Kit open-source wallet library. The wallet reports 143 million downloads and over 30 million monthly active users, reflecting wide adoption. Developed by Consensys, Metamask defined the in-browser wallet user experience and scaled from an Ethereum-only tool to support Solana and now Bitcoin. Native Bitcoin support advances the Bitcoin DeFi ecosystem by enabling scripts and layer-two integrations that mirror EVM DeFi collaborations. Examples of Bitcoin DeFi platforms include BOB, Botanix, Rootstock, and the Liquid Network. Metamask is preparing for a U.S. public offering and mainstream features like a crypto-powered debit card.
Read at Bitcoin Magazine
Unable to calculate read time
[
|
]