{"id":19712,"date":"2023-02-07T03:27:51","date_gmt":"2023-02-07T11:27:51","guid":{"rendered":"https:\/\/coinnetworknews.com\/multichain-future-is-very-clear-metamask-to-support-all-tokens-via-snaps\/"},"modified":"2023-02-07T03:27:51","modified_gmt":"2023-02-07T11:27:51","slug":"multichain-future-is-very-clear-metamask-to-support-all-tokens-via-snaps","status":"publish","type":"post","link":"https:\/\/coinnetworknews.com\/multichain-future-is-very-clear-metamask-to-support-all-tokens-via-snaps\/","title":{"rendered":"\u2018Multichain future is very clear\u2019 \u2014 Metamask to support all tokens via Snaps"},"content":{"rendered":"
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Metamask Snaps aims to facilitate a \u2018multichain future,\u2019 allowing the Ethereum-based wallet service to support non-native blockchains and tokens for the Web3 economy.<\/p>\n
Details of the latest in-development addition to Metamask\u2019s growing ecosystem were unpacked at the StarkWare Sessions event in Tel Aviv, Israel, in Feb. 2023. Speaking to Cointelegraph Magazine editor Andrew Fenton, Alex Jupiter, the senior product manager at Metamask Snaps, revealed details about potential blockchain synergies.<\/p>\n
The last 18 months have seen the development of Snaps speed up after the success of Metamask Swaps, which brought token swap functionality to the service\u2019s native browser extension. As Jupiter explained, interoperability is becoming increasingly important in the blockchain space:<\/p>\n
\u201cMetamask has historically been an Ethereum wallet. We need to start moving beyond that. The multichain future is very clear.\u201d<\/p><\/blockquote>\n
Snaps aims to create a permissionless ecosystem where developers can extend Metamask in any way they want. Jupiter says the team is trying to create an environment where developers can use various application programming interfaces (APIs) from different blockchains to bring additional options to a user\u2019s core wallet experience.<\/p>\n
Related:\u00a0The blue fox: DeFi\u2019s rise and the birth of Metamask Institutional<\/strong><\/a><\/p>\n
MetaMask describes Snaps as a system that allows developers to extend the capabilities of the wallet extension. A snap is a program that runs in an isolated environment that can customize a user\u2019s wallet experience.<\/p>\n
The possibilities are extensive, with a snap allowing the addition of new APIs to MetaMask, multi-blockchain protocol support as well as the ability to modify existing MetaMask functionality using external APIs. According to Jupiter, Snaps should be able to integrate with most blockchain protocols:<\/p>\n
\u201cTechnically it\u2019s possible for us to incorporate all of them. I’m sure there’s going to be an edge case. We have managed to extend Bitcoin, managed to extend to StarkNet. So it should be possible with any of them.\u201d<\/p><\/blockquote>\n