Cardano Eco Browser Plugin Wallet “Lace” Launched by Input Output Global (IOG)
According to reports, Cardano development company Input Output Global (IOG) has launched the Cardano Eco Browser plugin wallet Lace. This wallet is similar to MetaMask, in addition
According to reports, Cardano development company Input Output Global (IOG) has launched the Cardano Eco Browser plugin wallet Lace. This wallet is similar to MetaMask, in addition to accepting and sending assets and interacting with DApp, it also supports ADA pledge and sending assets to different addresses in a single transaction.
Cardano Development Company IOG Launches Cardano Wallet Lace
Input Output Global (IOG), the development company behind Cardano, has recently launched the Cardano Eco Browser plugin wallet called “Lace”. This new wallet is similar to MetaMask and offers a range of exciting features for Cardano users. In addition to accepting and sending assets and interacting with DApps, it also supports ADA pledge and allows users to send assets to different addresses in a single transaction.
What is Lace Wallet?
Lace Wallet is a browser plugin wallet that allows users to manage their Cardano assets without having to use a third-party wallet. It is a browser extension that you can add to your Google or Firefox browser to manage your Cardano transactions seamlessly. Lace Wallet is similar to popular browser plugins like MetaMask, which have made it easy for users to manage their Ethereum assets.
Features of Lace Wallet
Lace Wallet offers a range of features and functionalities that make it an ideal wallet for Cardano users. Here are some of the most important features of Lace Wallet:
Send and Accept assets
Lace Wallet enables you to send and accept ADA assets. You can easily send ADA assets to different addresses without having to leave the wallet interface.
Support for ADA Pledge
Lace Wallet supports ADA pledge, allowing users to participate in various staking pools on Cardano. This feature is a great way to earn rewards on your ADA holdings.
Single Transaction for Multiple Addresses
Lace wallet enables users to send assets to multiple addresses in a single transaction. This feature is crucial for those who frequently need to send assets to multiple recipients.
Interact with DApps
Lace wallet makes it easy for users to interact with DApps built on the Cardano blockchain. You can easily access these DApps from the wallet interface, making it seamless to manage your Cardano assets.
How to Install Lace Wallet
Lace Wallet can be easily installed as a browser extension for Google or Firefox browser. Here is how to install Lace Wallet:
1. Go to the Chrome Web Store or Firefox browser extension store and search for “Lace Wallet”.
2. Click on “Add to Chrome” or “Add to Firefox” to add the wallet extension.
3. Once added, the wallet icon will appear in the browser toolbar.
Conclusion
The launch of Lace Wallet by IOG is a significant milestone for the Cardano ecosystem. It will make it easier for users to manage their assets on the Cardano blockchain and participate in staking pools. With the support for ADA pledge and the ability to send assets to multiple addresses in a single transaction, Lace Wallet is an exciting addition to the Cardano ecosystem.
FAQs
#1. Is Lace Wallet safe to use?
Yes, Lace Wallet is safe to use. All transactions are secured by Cardano’s superior blockchain technology, and the wallet has been audited by security experts to ensure it is secure.
#2. Can I manage my other assets with Lace Wallet?
Lace Wallet is specifically designed to manage your Cardano assets. However, IOG is continuously working on integrating other assets into the wallet.
#3. How can I earn rewards with ADA pledge?
Users can participate in Cardano staking pools with ADA pledge and earn rewards based on their stake in the pool.
#
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