The founder of Cardano (ADA), Charles Hoskinson, announced the integration of Bitcoin (BTC) in the lace portfolio. In a update On X, Hoskinson received the main digital currency with two sentences: “You can now use Bitcoin with lace. Welcome home, Bitcoin.”
Lace: Strengthening the multi -hole vision of Cardano
In particular, Lace is a cryptographic portfolio developed by Iohk, one of the entities behind Cardano. The latest version of LACE 1.22 presents Bitcoin Beta support, which means that users can now store and manage their BTC directly in the lace portfolio.
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This evolution was not possible before and is considered a major boost to the Cardano blockchain. The reception of Bitcoin by Hoskinson symbolizes acceptance by the lace ecosystem of the leading digital asset.
In particular, this marks an important step for the portfolio and the wider ambitions of IOHK. The lace portfolio plans to expand beyond Cardano and support other blockchains. Bitcoin is the first integration chain.
This movement aligns with Cardano's vision to improve the interoperability of blockchain and potentially increase the value of ADA.
The latest version of LACE 1.17.5 was published in late November 2024. This update improved synchronization speeds and transaction data recovery capacities, allowing transparent user interactions with complex blockchains.
The same goes for the latest version of lace 1.22.
The feeling of the Ada market becomes optimistic
Interestingly, Hoskinson recently offered an upward announcement to the Cardano community. He said that the original scale roadmap for Cardano was over.
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This triggered optimism among users that the native token could start to feel an increase in prices.
At the time of the press, the ADA price was change Hands at $ 0.7030, an increase of 0.64% in the last 24 hours. The volume of exchanges also increased by 67.57% to 28.53 billion dollars within the same period.
