What’s Coming in Lace | Rare Evo 2025

Summary

Lace is a cutting-edge platform focusing on decentralized identity and seamless user experiences across multiple platforms, including iOS, Android, and browser extensions. With a tech stack rooted in React Native, Lace integrates innovative solutions like self-sovereign identity (SSI) and actively involves its community in the development process. By leveraging real-time feedback through Discord and market testing, Lace ensures its features meet real user needs. Future plans include exploring gaming and identity integrations, while the team remains open to collaboration, partnerships, and talent to drive their dynamic roadmap forward.

Takeaways

• 😀 Lace Wallet is a Web3 self-custody solution originally built for Cardano, now expanding to multi-chain support including Bitcoin, Midnight, and XRP.
• 😀 Lace V2 focuses on a layered architecture, combining low-level technical functionality with a simplified, user-friendly interface.
• 😀 The wallet supports cross-platform deployment using React Native, covering iOS, Android, and multiple web extensions (Chrome, Firefox, Edge, Brave).
• 😀 Bitcoin DeFi integration allows BTC holders to unlock capital, interact with DeFi protocols, and manage ordinals and runes without selling assets.
• 😀 In-app swap functionality will provide multiple quote sources, enabling users to choose optimal market rates for efficient trading.
• 😀 Lace leverages open-source principles, encouraging partnerships, ecosystem experimentation, and community-driven prototyping.
• 😀 Web3 cashback feature through Bring Web3 allows users to earn ADA rewards for participating in partner-based consumer transactions.
• 😀 Identus integration brings Self-Sovereign Identity (SSI) capabilities to Lace, enhancing security and enabling market-specific identity solutions.
• 😀 The team prioritizes user feedback via Discord, X (Twitter), and market testing, including A/B testing to validate features before full release.
• 😀 Innovation streams allow for experimental features like customizable key rotation, gaming integrations (NES emulator), and novel wallet functionalities.
• 😀 Lace emphasizes community engagement, inviting beta participation, feedback, and collaboration to shape the wallet’s roadmap and feature development.

Q & A

What is Lace Wallet, and how has it evolved over time?

Lace Wallet started as a self-custody Web3 wallet primarily focused on Cardano. Over time, it has expanded to support multiple blockchains, including Bitcoin, Midnight, XRP, and others, providing users with a versatile platform for managing assets across networks.

What are the key features of Lace V2, and how does it differ from the original version?

Lace V2 introduces a multi-chain architecture, mobile support, and enhanced DeFi functionalities. It focuses on both simplicity and advanced features, allowing users to manage assets with ease while also having access to more complex functions like swaps and decentralized finance integrations.

How does Lace Wallet handle Bitcoin support and Bitcoin DeFi?

Lace has added Bitcoin support with features like ordinals and runes, enabling users to leverage Bitcoin in DeFi environments. The wallet allows for liquidity pooling and even offers loan services, enabling users to unlock value without needing to sell their Bitcoin.

What is the role of Blockfrost integration in Lace Wallet?

Blockfrost integration enables Lace users to run a local node, enhancing privacy and providing more control over data. This integration is particularly valuable for desktop users, offering a seamless transition for those moving from Dedalus to Lace.

How does Lace Wallet's open-source model benefit its users and ecosystem?

Lace Wallet's open-source model encourages community-driven innovation and contributions. This allows third-party developers to build on the platform, fostering partnerships and enabling rapid development of new features like DeFi integrations and cross-chain support.

Can users provide feedback on Lace Wallet’s features and help improve the product?

Yes, Lace Wallet actively encourages user feedback through channels like Discord and X (formerly Twitter). They are also working on an A/B testing strategy for market validation before rolling out new features, ensuring that user input directly informs product development.

What are the Web3 cashback and payment features offered by Lace Wallet?

Lace Wallet integrates Web3 cashback features, allowing users to earn rewards in ADA for transactions. This works across mobile and browser platforms, including extensions for Chrome, Firefox, Edge, and Brave, bridging traditional consumer payments with the Web3 ecosystem.

What identity solutions are integrated into Lace Wallet, and how do they enhance security?

Lace Wallet integrates Identus, which provides self-sovereign identity (SSI) solutions. This enables users to manage their identities securely and privately, with flexible options for integrating third-party identity services. It's an essential part of Lace's approach to decentralized security.

What is the strategy for integrating new chains into Lace Wallet, and which ones are planned for the future?

Lace Wallet’s strategy for integrating new chains focuses on scalability and ensuring that each chain’s unique features are preserved. Chains like Bitcoin and XRP are already integrated, with plans to add more protocols regularly, including layer-2 solutions and potentially gaming-related chains.

What exciting future features are being explored for Lace Wallet, such as the NES (Nintendo Emulator)?

Lace Wallet is exploring the possibility of integrating gaming features, such as a Nintendo emulator, which would allow users to manage tokens and identities within a gaming ecosystem. This idea ties into the broader vision of combining gaming, DeFi, and digital identity in the Web3 space.