Cardano Founder Charles Hoskinson has confirmed that now XRP holders will also be able to use lace pockets. He gave this information in the recent Ask Me Anything Else session. Lace Pockets have been developed by Cardano’s Tech Arm Enter Output World. Earlier it used to support only cardano-based assets. After adding Bitcoin support, now preparations are being made to add XRP to it so that this wallet can be further developed as a multication wallet. Meaning, soon users will be able to store, send and receive XRP in Lace Pockets. No official date has been given at this time when XRP’s support will be live. if you want to know What is cardanoSo click on this link.
Effect of XRP-Race Integration
There will be 2 important impacts of this integration:
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XRP’s accessibility will increase: Users will no longer need to open separate wallets for XRP. XRPs with Cardano and Bitcoin will also be able to manage in the same wallet.
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Cardano ecosystem is a multi-print of Multi-Cain Spice Up: Multichane of LACE POCKETS is a strategic move for overall growth of Cardano. It will bring more users and more network efficiency.
Significantly, recently to improve the scalability and efficiency of your blockchain Cardano launched leios improvement Is.
Another big news for XRP users
Not only this, Hoskinson also announced that XRP users will also get the airpan of Cardano’s new project NightTime. Nighttime is a privacy focused blockchain, where Night token will be used for governance and for dust token private transactions. The Airdrop of Night is going to be available to 37 million users. Which includes users of Bitcoin, Ethereum, Solana, Polygon, Binance Canny Chain, Avalanche and XRP Ledger. That is, XRP holders will also get extra benefit through Lace Pockets.
Conclusion
Integration is not just a new feature of XRP’s lace pockets, but it is a major step towards the multicained world of crypto wallets. Better interaction between Cardano and Ripple also shows that now big projects are leaving competition and focusing on collaboration. As the lace increases its multication support, users will get more flexibility and excellent experience.
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