As known from:
known from Coinwireknown from Benchknown from Coinindex
  • About CryptoGmblr.com
Contains commercial content
Cryptogambling / Crypto wallet Phantom integrates with Bitcoin, Ordinals, BRC-20 tokens

Crypto wallet Phantom integrates with Bitcoin, Ordinals, BRC-20 tokens

Publish Date: 22/12/2023
og, tags: crypto wallet phantom bitcoin, ordinals, brc-20 - phantom.app

og – phantom.app

Crypto wallet Phantom has announced its expansion to include compatibility with Bitcoin, Ordinals and BRC-20 tokens.

“Introducing: ₿itcoin on Phantom. You can now buy, sell, trade, transfer, and HODL Bitcoin, Ordinals, and BRC-20 tokens with your favorite multichain wallet,” said Phantom in a social media post.

Phantom emphasized itself as a wallet that includes Solana, Ethereum and Bitcoin features within a single platform. It highlighted the ability to grow consumers’ SOL/ETH/BTC holdings, collect NFTs and Ordinals and manage multi-chain portfolios easily on the go.

Phantom also expanded its services beyond Solana to include decentralized apps (dApps) and assets on Ethereum and Polygon scaling networks. In 2023, Bitcoin’s ecosystem grew significantly due to the introduction of the Ordinals protocol. This protocol allows the creation of Bitcoin-based tokens and the inclusion of NFT-like assets through inscriptions.

“As crypto continues to go multi-chain, our wallet stands out as the premier choice for users,” Phantom CEO Brandon Millman said.

“We believe that the future of digital asset management lies in cross-chain interoperability,”

Brandon Millman, Phantom CEO.

Bitcoin influencer Udi Wertheimer, co-founder of Taproot Wizards project, said in a social media post that Phantom’s move signifies a substantial validation of Bitcoin’s progress this year.

“This is an emotional moment for me,” Wertheimer wrote. “Last year, in 2022, Bitcoin was a joke. The stagnant uncle of crypto. ‘Nothing to see here’ was the sentiment across the industry.”

He also emphasized that with the integration of Bitcoin, Phantom has become a leading platform among marketplaces and exchanges engaged in Bitcoin inscriptions, alongside Magic Eden, OKX and Binance.

Phantom’s beta version now supports Bitcoin. Any Phantom wallet holder can enable Bitcoin compatibility in their app settings. They can import BTC, Ordinals and BRC-20 tokens from their existing Bitcoin wallet onto the platform.

Wallets must adapt to multichain environments, Millman says

In April, Millman discussed how wallets are adjusting to the diverse nature of the cryptocurrency. He shared insights about topics like airdrops for wallet apps, regulations and how a multichain environment impacts adoption.

Millman highlighted the evolving nature of the ecosystem, stressing that wallet apps must adjust to the diverse multichain environment in the cryptocurrency space. Millman noted technical challenges in transitioning wallets designed for one chain to support other networks. He outlined two main issues, including variations in derivation methods across chains and the necessity to establish a system capable of handling multiple nodes on the backend.

Millman revealed in April that Phantom currently has no immediate plans for a token in the short to medium term. He explained that the expenses involved in using airdrops to lure users are not justifiable and do not generate the intended impact. Additionally, he pointed out that the airdrop conducted by Uniswap did not create a significant long-term impact.

Additionally, he stressed that regulatory concerns in crypto affect self-custody wallets, requiring constant vigilance from projects to stay compliant.

Before joining Phantom, Millman gained experience developing decentralized tools. He contributed to creating Matcha.xyz, a decentralized exchange aggregator on Ethereum, and also worked on developing 0x APIs used by various aggregators. He emphasized that the pivotal role wallets have in introducing users to the cryptocurrency space was what drew him to build a wallet application.

Phantom initially began as a wallet exclusively for Solana because the team had confidence in its potential for significant growth. Millman emphasized that their belief was validated as the network showed growth in both 2021 and 2022, and it continues to perform well despite the bear market.

Top Online Casinos
Top Casinos Bonuses
Stake.us
Stake.us
Stake.us Review
4.6/5
McLuck
McLuck
McLuck Review
4.6/5
High5Casino
High5Casino
High5Casino Review
4.5/5
Sweeptastic
Sweeptastic
Sweeptastic Review
4.5/5
Wow Vegas
Wow Vegas
Wow Vegas Review
4.5/5
Stake.us
Stake.us Bonus
$55 Stake Cash + 260K Gold Coins + 5% Rakeback
T&Cs apply
4.6/5
McLuck
McLuck Bonus
7.500 Gold Coins + 2,5 Sweepstakes Coins
T&Cs apply
4.6/5
High5Casino
High5Casino Bonus
5 Sweeps Coins + 250 Game Coins + 600 Diamonds
T&Cs apply
4.5/5
Sweeptastic
Sweeptastic Bonus
Get 70,000 Lucky Coins and 44 Sweeps Coins
T&Cs apply
4.5/5
Wow Vegas
Wow Vegas Bonus
1.75M WOW Coins + 35 Free Sweepstake Coins
T&Cs apply
4.5/5
Latest News
Charles Hoskinson forecasts Altcoin season showdown: ADA vs. DOGE
Cardano (ADA) Faces Dual Meme Coin Competition where ...
Top 5 AI cryptocurrencies ready to thrive during the next bull market
New crypto ventures merge the groundbreaking capabilities of ...
Top Crypto Exchange Sites
Crypto Exchange Guide
  • Crypto Exchanges
  • Betting Exchange
Top Brands
Top Bonuses
Stake.us
Stake.us
Stake.us Review
4.6/5
McLuck
McLuck
McLuck Review
4.6/5
High5Casino
High5Casino
High5Casino Review
4.5/5
Sweeptastic
Sweeptastic
Sweeptastic Review
4.5/5
Wow Vegas
Wow Vegas
Wow Vegas Review
4.5/5
Stake.us
Stake.us Bonus
$55 Stake Cash + 260K Gold Coins + 5% Rakeback
T&Cs apply
4.6/5
McLuck
McLuck Bonus
7.500 Gold Coins + 2,5 Sweepstakes Coins
T&Cs apply
4.6/5
High5Casino
High5Casino Bonus
5 Sweeps Coins + 250 Game Coins + 600 Diamonds
T&Cs apply
4.5/5
Sweeptastic
Sweeptastic Bonus
Get 70,000 Lucky Coins and 44 Sweeps Coins
T&Cs apply
4.5/5
Wow Vegas
Wow Vegas Bonus
1.75M WOW Coins + 35 Free Sweepstake Coins
T&Cs apply
4.5/5

Players must be 21 years of age or older or reach the minimum age for gambling in their respective state and located in jurisdictions where online gambling is legal. Please play responsibly. Bet with your head, not over it. If you or someone you know has a gambling problem, and wants help, call or visit: (a) the Council on Compulsive Gambling of New Jersey at 1-800-Gambler or www.800gambler.org; or (b) Gamblers Anonymous at 855-2-CALL-GA or www.gamblersanonymous.org.

Trading financial products carries a high risk to your capital, especially trading leverage products such as CFDs. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

This site is using Cloudflare and adheres to the Google Safe Browsing Program. We adapted Google's Privacy Guidelines to keep your data safe at all times.

21+NCPGCloudflareSSLco² neutral
Close
Players accepted in the US US Flag
Stake.us Exclusive Bonus
$55 Stake Cash + 260K Gold Coins + 5% Rakeback
Promo Code
Go to Stake.us
Visit Site
T&Cs apply, 18+
Payment Methods
Bitcoin
Litecoin
Ethereum
Dogecoin
Highlights
  • Exclusive promo code: CRYPTGAMBL
  • Play Stake Originals games for free
  • Get free Stake Cash daily just by logging in
Stake Originals
Dice
Crash
Plinko
Mines
×
Your Bonus Code:
The bonus offer of was already opened in an additional window. If not, you can open it also by clicking the following link:
Visit Site