Wallet Metamask hints at currency issuance again: moving towards decentralization and returning to the important mechanism of the community

MetaMask (Little Fox Wallet), the cryptocurrency self-hosted wallet most commonly used by users in the currency circle, has been rumored to be planning to issue coins since 2021. Originally, its developer announced in 2022 Joe Lubin, CEO of ConsenSys, has confirmed that MetaMask will issue tokens; however, last year, MetaMask's product manager poured cold water on it and said that "there will be no plans to issue tokens in the short term," which disappointed many users who were looking forward to airdrops.

When will Metamask issue an airdrop? It has become a question that the cryptocurrency community has been eager to answer in recent years.

Consensys executive: MetaMask should be owned by the community, and the decentralized mechanism includes "coin issuance"

Regarding this, Bill Hughes, senior legal counsel and director of global regulatory affairs at Consensys, said in mid-April The interview hinted that “Metamask’s plan to issue coins is still in progress.” In response to a question about whether Metamask will launch a token, he replied: I will say this: Consensys likes to walk the talk, not just talk the talk. Metamask is the best, most trustworthy, and most useful wallet in its ecosystem. At the end of the day, our goal is not just to create a new web browser that we have complete control over, but the company does passionately believe in a new paradigm that can help enable projects like this over time to be owned by [the community], Maintenance and maintenance. Going from centralization to decentralization is a tricky thing. I don't usually announce anything about MetaMask, but it's safe to say that something as big as MetaMask shouldn't be owned and operated solely by Consensys. It should be owned and operated by the community, and the decentralization mechanism usually includes tokens. But how or when this might happen – there is nothing to report in this regard.

Little Fox Wallet is reportedly integrating with the Bitcoin network and is expected to support inscriptions and runes?

One of the good news coming out of the Little Fox Wallet recently is that two people familiar with the matter broke the news to Coindesk on the 23rd that MetaMask, the leader of the Ethereum ecological wallet, is working on integrating the Bitcoin network and may be integrating it as soon as possible. Support for BTC is expected to be implemented within the next month, but the exact timeline is unclear. Another person familiar with the matter said that the exact functions of integrating the Bitcoin network have not yet been determined, but the functions may be limited initially and expanded over time. Whether MetaMask is expected to support innovative protocols such as Ordinals and Runes on the Bitcoin network in the future has also become a topic of discussion in the community.

In response to this news, a MetaMask spokesperson said: "We are excited about MetaMask's commitment to embracing the multi-chain world of Web3 and continuously exploring new integration capabilities to enhance the usability and security of leading self-hosting."

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