Cardano wallet Lace adds Bitcoin support

Lace, a non -guardian web3 portfolio developed by the input output, is now multichain, with an initial support including Bitcoin.

Entry output, infrastructure and a web research platform founded in 2015 by Charles Hoskinson and Jeremy Wood, announcement Development via a press release on March 20. Hoskinson is the founder of Cardano (ADA), one of the best cryptocurrency and blockchain projects.

According to IO, the non -custodian solution of the lace portfolio is now officially multichain. The launch extends the support for the portfolio beyond Cardano, with the initial support for Bitcoin (BTC).

“The future of the blockchain is multi -hole, and with lace, we make sure that users have everything they need in a powerful and easy to use wallet. Building on the foundations that we have established with Cardano, we have identified Bitcoin as the next logical step. And we are just starting,” said Brandon Wolf, Director General of Lace.

LACE now allows its users to store, manage and transfer BTC.

According to IO, the integration of the BTC is an important step that brings web3 closer to reality.

Indeed, the support does not only contribute to accelerating adoption for Bitcoin – it also stimulates the wider ecosystem. While the higher blockchain network sees increased traction through decentralized finances and intelligent contracts, several layer 2 solutions built above them gain by adoption.

“Bitcoin has been the starting point for the web3 route many people, and now we are witnessing its next development with the rise of Bitcoin Defi. With the integration of Bitcoin now live, Lace creates an intuitive footbridge without seam to maximize the best of blockchain innovation,” said Hoskinson.

Integration provides an “intuitive gateway” which will help maximize blockchain innovation and add to the growth of DEFI, added the founder of Cardano.

Besides DEFI, the web3 lace traction includes non-buttocks and management of multi-chain assets.

Bitcoin continues to draw attention to its potential, with a platform supplied with zero knowledge Bitcoinos Among those who defend its integration with the crypto.

The opening opened by the project of its bitsnark v0.2 unlocks the unlimited BTC programmability, the protocol team published on the code of X. Bitcoinos allows anyone to check the ZK proofs on Bitcoin.