First Signal Emerges from the Platform That Has Been Denying Altcoin Launch for Years: A Historic Moment May Be Near

ConsenSys, one of the leading names in the Ethereum developer ecosystem, attracted attention with the statements of its founder Joseph Lubin. Responding to a user’s question regarding token plans for MetaMask, Lubin announced that the company is developing short- and medium-term strategic plans and that the first token distribution will take place on the LINEA network. He noted that future protocols are designed to work in synergy with each other. A few days ago, ConsenSys shared the news of a significant acquisition with the public. The company announced that it acquired the Singapore-based Web3Auth platform. This move aims to strengthen MetaMask’s user-friendly structure. Web3Auth allows users to log in to their crypto wallets with popular social media accounts such as Google, Facebook, and Discord. Related News: Big Whale Who Lost Money on Bitcoin, Ethereum, and Solana Now Piles Into Two Surprise Altcoins Traditional crypto wallet setups typically require writing and storing a 12- to 24-word “seed phrase.” Users who lose this phrase can lose access to their wallets entirely. These challenges pose a major obstacle, especially for those new to the crypto world. Dan Finlay, co-founder of MetaMask, stated that the main purpose of this acquisition was to attract new users to the platform: “This move is about bringing more people into the ecosystem.” *This is not investment advice. Continue Reading: First Signal Emerges from the Platform That Has Been Denying Altcoin Launch for Years: A Historic Moment May Be Near

Source: BitcoinSistemi