Cardano’s Light Wallet Lace Gets Crucial Updates

Cardano’s parent company, Input Output Hong Kong, has significantly improved the protocol’s first decentralized light wallet, Lace.

Cardano’s Lace Sees Upgrade

Cardano’s Lace wallet was launched in April this year as a highly functional and easy-to-use Web3.0 wallet to cater to the needs of every user within its ecosystem and beyond. With the wallet operational, Cardano is leaving no stone unturned to ensure Lace operates as best as it can.

In the protocol’s weekly development highlight, it has been revealed that the team working on Lace embarked on a number of fixes including the “semi-automatic collateral setup for CIP-30, refactored complex areas of code, increased end-to-end test automation coverage, and started looking closer into CIP-95 ahead of work related to Voltaire.”

According to the details in the report, the Lace team also took the liberty to work on “the UI flow for multi-delegation and ran load tests on the backend using HD wallets.”

The updates to the Lace did not come as a shock, essentially considering the fact that the protocol founder Charles Hoskinson had teased the updates in his recent broadcast to the community earlier this week. 

Lace wallet emerged in the industry as a product that has been duly tested. While no forms of hack or outages have been recorded since its inception thus far, the updates are even poised to help solidify its security firewall and enhance usability across the board.

Cardano Developers Keeps BUILDING

Cardano prides itself on being one of the top blockchain networks in the Web3.0 world with an active developer base.

In the weekly Cardano update, it was revealed that 135 projects launched on the protocol. This total project count was complemented by the more than 71 million transactions that were recorded on the protocol over the past week.

Cardano developers worked practically on every aspect of the network covering Hydra, Mithril, and Daedalus amongst others. The confidence in the functionalities of the Cardano protocol has pushed founder Charles Hoskinson to extend a hard-sell offer to the Algorand protocol to become one of its side chains.

The developer synergy and the consistency in the building have pitted the protocol as an attractive option to build in today’s Web3.0 world.