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Solana wallet Phantom goes multichain, expands to Ethereum and Polygon

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• April 26, 2023, 10:00AM EDT

Solana pockets Phantom is including help for the Ethereum and Polygon blockchains on Might 1 in its first step to go multichain.

Phantom is an app and in-browser pockets extension that has at all times been targeted on offering a clear person expertise by displaying NFTs inside the pockets. It lets customers swap and stake tokens inside the pockets extension.

Now that it is multichain, every person will see an Ethereum and Polygon handle for every pockets handle. They’ll see all their funds on the three networks in a single place for every pockets. They are going to be capable of make transactions from the pockets to both of the three blockchains relying on which asset they’re transferring — as an alternative of getting to vary the community, which is how MetaMask works.

The pockets may even comprise options for NFT holders. It can present particular information associated to NFT collections, like the ground worth — the bottom worth of all NFTs on sale — and the quantity the NFT was bought for. Customers may also checklist their NFTs on marketplaces straight from Phantom.

“We imagine that the way forward for digital asset administration lies in cross-chain interoperability, and we’re dedicated to offering our customers with the instruments and sources they should simply navigate and transact throughout varied blockchain networks,” mentioned Brandon Millman, co-founder and CEO of Phantom. “By bridging the hole between completely different protocols, we’re enabling a brand new period of decentralized innovation for all digital asset customers.”

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Phantom has additionally launched a couple of safety measures. These embrace transaction simulation in order that customers get a greater image of what transactions they’re signing and NFT spam filtering — hiding suspicious NFTs from wallets to stop assaults. The pockets may even block entry to malicious web sites.

(Updates story in first paragraph so as to add Might 1 date.)

© 2023 The Block Crypto, Inc. All Rights Reserved. This text is offered for informational functions solely. It’s not supplied or meant for use as authorized, tax, funding, monetary, or different recommendation.

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