The founder of Cardano disclosed that the Lace Wallet, a light wallet, will undergo several upgrades this year.
Powered by ChatGPTOdaily Planet Daily reports that Charles Hoskinson, the founder of Cardano, recently introduced the future development of the Cardano-based lightweight wallet, Lace Wallet, to the $ADA community members on X, hinting at multiple upgrades to be made 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's Chief Technology Officer David Schwartz regarding 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-focused DApps and further blockchain development.
The discussions between the two parties suggest that a collaboration between Cardano and Ripple may unfold in the near future.
Moreover, 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. (CoinGape)