- Lace 1.22 enables beta users to store, manage, and send Bitcoin on a test network, expanding beyond Cardano support.
- Users question if Lace supports Op Return, a Bitcoin feature often ignored by other wallets.
- Lace’s update includes Firefox support and key fixes for DReps, hardware wallets, and DApp interaction failures.
Lace, a crypto wallet developed by IOHK, has introduced Bitcoin Beta support in its latest 1.22 version, a notable step toward multichain integration. The update allows users in the beta program to store, manage, and send BTC on a test network directly through the Lace interface.
According to Lace, this is part of a broader strategy to make the wallet more accessible, secure, and functional across multiple blockchain networks. This release represents the first time Bitcoin has become usable within the Lace ecosystem, previously limited to Cardano.
Charles Hoskinson, Cardano’s founder, responded with a welcoming message: “You can now use Bitcoin with Lace. Welcome home Bitcoin.” This connects Bitcoin to Cardano’s growing Web3 ecosystem, adding real functionality to cross-chain users.
New Features Boost Functionality
Alongside Bitcoin Beta, Lace 1.22 introduces several fixes. These include improved hardware wallet compatibility and updated output format mappings, which had caused DApp interaction failures.
Another important fix resolves identification issues some DReps and direct voters faced while using governance DApps. These updates aim to streamline the governance experience and reduce interaction errors.
Lace also expanded browser compatibility in this release. The wallet now supports Firefox, adding to its growing accessibility across platforms. These changes show IOHK’s commitment to making Lace a reliable tool for secure multichain asset management.
The previous version, 1.17.5, focused on performance by enhancing syncing speeds and transaction data fetching. Lace 1.22 continues that direction with under the hood performance improvements.
Bitcoin Support Community Feedback and Questions
The community reacted quickly to the beta launch. User “PSILOBLOX” raised a technical concern in response to Hoskinson’s announcement. He pointed out that most Bitcoin wallets ignore one of BTC’s few native features, the ability to attach messages via Op return.
This question shows technical limitations and potential gaps in Lace’s new BTC functionality. Meanwhile, Handle congratulated the team, describing the rollout as a major step for Cardano and Bitcoin collaboration. They also inquired whether ADA handles for Bitcoin addresses were supported yet, suggesting expectations for deeper integration.
Lace Broader Blockchain Support
Lace’s integration of Bitcoin represents a foundational move in IOHK’s multichain expansion strategy. According to Lace’s release notes, the wallet aims to provide seamless multichain asset management. Although Bitcoin is the first onboarding blockchain, the team plans to support additional networks in the future.
At the time of publication, Bitcoin was trading at $94,985.11, gaining 0.17% in 24 hours. The market cap is at $1.88 trillion, up by 0.23%. Bitcoin’s 24 hour trading volume increased sharply by 52.64%, reaching $31.52 billion. Circulating supply matched the total supply at 19.85 million BTC, just shy of the 21 million cap.
