Cardano founder Charles Hoskinson recently took to the X platform to tell members of the ADA community about what the future holds for Lace Wallet. He mentioned the many updates planned for the Cardano-based light wallet platform this year.
Possible Wallet Lace updates
In his X post, Hoskinson suggested that Lace make her debut on multiple platforms. This is in addition to the other new and interesting features that the wallet would welcome.
Just a few days ago, the founder of Cardano expressed his hope that Lace Wallet could be a “powerhouse” this year. This was around the time when the wallet announced that the migration of its users from Nami to Lace, was “in full swing. “
In addition to Lace, the Cardano ecosystem is also working on adding other solutions within the ecosystem. In November, Hoskinson engaged Ripple CTO David Schwartz in a technical debate surrounding Midnight and XRP.
As a privacy-focused blockchain project, Midnight is designed to enhance secure data handling while maintaining regulatory compliance. Hoskinson is very optimistic about Midnight's potential to drive the evolution of privacy-oriented decentralized applications (dApps) and the further development of blockchain.
Their discussion indicates that there could be cooperation between Cardano and Ripple in the near future.
As for Voltaire, the Chang Hard Fork update, which includes this decentralized management time, was launched in September. This announcement put the future of Cardano in the hands of the community to govern.
As a result, Hoskinson declared that his ultimate duty to the ecosystem was to “remove any obstacle to this movement.” He promised to prevent any obstacle. something that will stop the plans this year.
The Cardano Bitcoin DeFi Plans
In addition to the various solutions designed by developers in its ecosystem, Cardano has plans to explore Bitcoin DeFi. There is a growing clamor for convenience around the leading cryptocurrency and recent partnerships between Cardano and BitcoinOS to create a bridge for the two ecosystems.
Until now, the Cardano team has been saddled with the responsibility of coming up with a meaningful Bitcoin roadmap demo by May 2025. To achieve their stated goals, Charles Hoskinson said that Cardano will co -work with Fair Gate Labs, a multi-party computing protocol.
In particular, the price of Cardano is up 3.4% in 24 hours to $1.07 as investors are still frustrated with its updates and ecosystem plans.
Godfrey Benjamin
Benjamin Godfrey is a blockchain enthusiast and journalist who likes to write about the real uses of blockchain technology and innovations for the general adoption and worldwide integration of the emerging technology. His desire to educate people about cryptocurrencies inspires his contributions to popular blockchain-based media and sites. Benjamin Godfrey loves sports and agriculture.
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Source: https://coingape.com/charles-hoskinson-issues-major-cardano-lace-wallet-update-to-expect/
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