MetaMask Reportedly Working on Bitcoin Integration

The most popular Ethereum wallet, MetaMask, is preparing to add support for the first cryptocurrency, according to CoinDesk, citing sources.

Insiders suggest that developers hope to deploy an unnamed solution within a month, although plans may change.

Initially, the capabilities for interacting with Bitcoin may be limited, but they will be expanded over time.

“We are excited about MetaMask’s ambition to embrace the multichain world of Web3 […]. While we cannot confirm any timelines for specific developments at this time, we are constantly working on innovations,” stated Joe Lubin, CEO of the wallet’s developer ConsenSys, advising to stay tuned for updates.

MetaMask supports Ethereum, L2 protocols, and EVM-compatible networks such as Avalanche, Polygon, Optimism, and Arbitrum. Bitcoin is not part of this list, but there is a workaround in the form of “wrapped” BTC of the ERC-20 standard.

The wallet’s developers have been working on implementing multichain support for some time. In September 2023, MetaMask introduced the Snaps feature, aimed at expanding the application beyond EVM networks.

This innovation has enabled the configuration of cross-chain bridges between various blockchains, including Bitcoin, Solana, Avalanche, and StarkNet.

Future updates are likely to simplify interaction with networks for end users. Currently, integrating Snaps requires more complex configuration.

Earlier in May, MetaMask added “smart transactions” to protect against MEV bots.

In January, it was revealed that the wallet’s developers are testing a routing technology that could revolutionize value transfer on the Ethereum network.