The founder of Cardano disclosed that there will be multiple upgrades to the Lace Wallet this year and plans to explore Bitcoin DeFi

2025-01-05 12:54:10

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ChainCatcher Cardano founder Charles Hoskinson recently introduced the future development of the Cardano-based lightweight wallet Lace Wallet to the ADA community members on X, hinting at multiple upgrades this year.

In addition to Lace, the Cardano ecosystem is also working to enhance other solutions. In November, Hoskinson had a technical discussion with Ripple CTO David Schwartz about Midnight and XRP. As a privacy-centric blockchain project, Midnight aims to enhance secure data processing while maintaining regulatory compliance. Hoskinson is very optimistic about Midnight's potential to drive the development of privacy-centric DApps and further blockchain development. The discussions between the two parties indicate that there may be collaboration between Cardano and Ripple in the near future.

Furthermore, Cardano plans to explore Bitcoin DeFi, with its team aiming to present a meaningful Bitcoin roadmap demonstration by May 2025. To achieve these goals, Hoskinson stated that Cardano will collaborate with the multi-party computation protocol Fair Gate Labs.

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Cardano Lace Wallet Bitcoin DeFi

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