MetaMask Snaps Open Beta is a solution designed to create a completely permissionless crypto ecosystem with MetaMask. Thanks to this revolution, users can easily manage a diverse range of crypto assets. MetaMask’s Snaps Open Beta could even power Bitcoin support.
MetaMask offers a revolutionary solution to overcome crypto interoperability problems
No less than a week ago, MetaMask announced the launch of new crypto withdrawal features. Today, MetaMask Snaps optimizes crypto interoperability by allowing its users toaccess native transactions directly via MetaMask. This is possible with certain well-known cryptocurrencies such as:
- Bitcoin ($BTC),
- Cosmos ($ATOM),
- Dogecoin ($DOGE).
Decryption: users can manage various assets from a single appa wallet for all blockchains.
“Snaps provide great flexibility, allowing MetaMask to quickly adapt to new blockchains, transaction security providers and notification systems,” we explain in the press release.
This flexibility promotes scalability and security. It also allows users to easily adapt to permanent changes in the crypto ecosystem.
MetaMask Snaps Open Beta would also boost the development of the Bitcoin network
MetaMask Snaps marks a milestone in crypto interoperability by including Bitcoin. Indeed, users can now manage their bitcoins directly via MetaMask. No more need to use separate wallets for each different crypto!
This expansion towards Bitcoin is possible thanks to collaboration with partners like Agoric. The latter has developed a JavaScript containment API, which ensures secure integration of Bitcoin into MetaMask. This advance opens up new possibilities for the use of Bitcoin in the DeFi ecosystem and dApps based on Ethereum.
MetaMask Snaps Open Beta therefore connotes MetaMask’s commitment to creating a fully collaborative and permissionless crypto ecosystem. This expansion into Bitcoin also aligns with the vision of most crypto players. We particularly cite David Marcus who aims to make Bitcoin a global payment network.
Receive a summary of the news in the world of cryptocurrencies by subscribing to our new service daily and weekly so you don’t miss anything of the Tremplin.io essentials!
