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📌 $ADA: IOG’s ‘Lace’ wallet for Cardano gets a boost in development

Lace Wallet is a convenient, lightweight wallet designed for the Cardano blockchain. It was created by Input Output Global (IOG), one of the founders of Cardano. The wallet is designed to provide users with a convenient and intuitive way to manage digital assets, interact with decentralized applications (DApps), and participate in the Cardano ecosystem. Cardano

– Lace Wallet is a convenient, lightweight wallet designed for the Cardano blockchain. It was created by Input Output Global (IOG), one of the founders of Cardano. The wallet is designed to provide users with a convenient and intuitive way to manage digital assets, interact with decentralized applications (DApps), and participate in the Cardano ecosystem.

Lace is aimed at both novice and advanced users and offers a full feature set. Users can securely send and receive ADA, Cardano’s native cryptocurrency, and other tokens created on the Cardano platform. In addition, the wallet provides a simple ADA mining interface that rewards users for supporting the security and decentralization of the network.

A unique feature of Lace is the DApp Connector, which allows users to easily connect their Lace wallet to various DApps based on the Cardano platform. This integration allows users to access various decentralized services such as decentralized exchanges (DEX), decentralized financial platforms (DeFi) and unique token markets (NFT) directly from the Lace wallet interface.

In addition, Lace integrates an NFT viewer that simplifies the process of managing and viewing Cardano-based NFT collections. The wallet also supports integration with hardware wallets, providing an additional layer of security for users’ digital assets.

Lace is available as an extension for Google Chrome and Microsoft Edge browsers to ensure accessibility to a wide range of users. The platform has been independently audited and manually reviewed by external auditors to ensure the integrity and security of the code base.

Today, IOG released the Lace Wallet 1.9 update. This update brings two long-awaited features: support for multiple accounts and multiple wallets. These new features are a direct result of valuable feedback and suggestions provided by the Lace community.

Multiple Accounts Feature The multiple accounts feature in Lace 1.9 allows users to create multiple addresses or accounts in a single wallet. This structure allows users to efficiently manage their assets by separating transactions and delegating shares without having to handle multiple seeds.

Lace 1.9 also introduces the first phase of multiple wallet customization. This feature was developed in response to the Lace community’s desire to utilize a combination of hot and cold wallets to enhance the security and protection of their assets. The multiple wallets feature allows users to create and manage multiple wallets in Lace, each with its own key and recovery phrase.

\uD83D\uDC5B\uD83D\uDC5B\uD83D\uDC5B\uD83D\uDC5B Why have one when you can have more? Version #LacePlatform 1.9 has been released with new multi-account and multi-wallet features.

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