Fun with Lace
Summary
- •Charles Hoskinson announces exciting developments for February, hinting at upcoming projects.
- •Discussion on Lace, emphasizing "extreme transparency" in product development by using the product live.
- •Governance will be prioritized as a feature alongside staking in Lace's interface.
- •Suggestions for user interface improvements, including highlighting selected staking pools and connecting U2F keys for easier transactions.
- •Hoskinson engages with viewers for token purchase suggestions, buying various tokens like Chad, End Maker, USDM, and Charlie 3.
- •Lace is rapidly evolving, with recent releases and upcoming support for Firefox and Bitcoin.
- •Plans to enhance governance tools and integrate Catalyst mode for better user experience.
- •Future features may include a command line interface for advanced users to submit scripts.
- •Hoskinson highlights the unique aspect of backing up his wallet via a tweet on X, showcasing transparency in the LEF experiment.
- •Encouragement for the community to engage with Lace and contribute to its development.
Full Transcript
Hi everybody, this is Charles Hoskinson broadcasting live from warm, sunny Colorado. February is going to be a very crazy month; we have some exciting stuff going on that I can't talk about just yet, but you'll see it soon. It's going to be fun! Today, we get to talk about Lace, our good friend. What we are doing is something called extreme transparency in product development, where we just use the product live, and the whole world gets to see it broadcast to a million people.
This helps us orient a few things. So, let’s bring up Lace. I have a little bit more ADA now because people keep sending stuff. First off, when we click on staking, I’m thinking, why is there not something on this menu for governance? Governance is a first-class citizen alongside staking, so we’re going to address that.
Secondly, over here when we browse pools, I’ve delegated some stake to pools, and I did some staking activity. This menu needs a little bit of love. If I’ve selected a pool, then we should see the pool I’ve already selected, and it should be highlighted. Anyway, let's do something fun. Let’s go to DApp Explorer and see how we’re getting all this stuff.
Let’s connect with Dex Hunter. my wallet’s connected on Dex Hunter! We have this Charles token right here. This is the token I believe that’s connected to my media play with our good friend. So, I’m going to get some of that.
Let’s get $500 worth. Yeah, man, I’m fired up! You guys fired up? Another thing that would be helpful is if I could connect a U2F key instead of having a spending password. I would love to just tap my U2F key so I don’t have to enter a password all the time when doing large amounts of swaps.
What do you think? Alright, guys in the comments section, what else should I buy? I’m suited up because I’m going up to Wyoming to do some political stuff. That’s the wrong Charles token. No, no, no, that’s not it.
Let’s see here. Come on, guys, give me some token suggestions. One community that’s always been pretty good to us is the Chad community, so let’s go down there and do some Chad. I think that’s the official Chad. We’ll get $10 of Chad.
How about that? We’ll go ahead and confirm. See, it wants a password again. That should just be a U2F tap. Or the password should last for a period of time, like 10 minutes.
Alright, we bought some Chad token. Huzzah! What else are we going to buy? Let’s look through our Dex Hunter. Anything else look good?
You guys have any recommendations for me? Buy some Doge? Buy some real-world XRP? No, it’s got to be on the Cardano network. Sorry.
End Maker? Oh yeah, I know Patrick. He’s a good guy. Let’s get $10 worth of End Maker—5,000 End Maker tokens. How about that?
That’s pretty exciting! We’ll go ahead and confirm it. You’ll notice that I’m using X as my wallet backup service. I’m a simple guy; I just want to keep it all on Twitter. Alright, what else we got here?
Come on, guys, throw some stuff at me. Oh, USDM! Hell yeah, we got to do that. I love Jillian and the team; they’re awesome. Let’s go USDM.
Boom! Look at there, USDM. That’s as good as gold. Let’s do $500 worth of USDM. How about that?
Confirm. I’m loving it! Okay, we just got some USDM. That’s entered in. We’ll share the screen again.
What else do you guys want? Axo? Beta? Chad? We already bought Chad.
Nike? Well, of course we got some Nike. We’ll do that. What else you guys got? Let’s go gluten-free L2.
You got the idea. Buy some real Charles Sugar. Don’t fade the token Sugar Bush Charles on Soul. It’s Cardano only. Actually, another one that would be cool is Iagon.
I’ve known those guys for years. Let’s see what we got. Aone? Yeah, there we go. We’re going to get $100 worth of that.
Swap that. Now you gotta like Dex Hunter; it’s working pretty good actually. All done! Close, and all these things are entering into the catalog. Alright, what else guys?
What else you got? Buy your own interview as Guo? I actually did that. Old Flack Builders? Cornucopius?
Oh yeah, Cornucopius would be cool. Let’s see if I spelled that right. Cornucopius. There we go. See, sometimes I don’t know the token IDs off the bat.
You guys get $100. How about that? Boom! Alright, so we’ll go ahead and enter the password. See, Brandon, I’m having to enter this password again and again.
From a UI perspective, it’d be pretty cool if I could do kind of a batch where I just put a basket together and then we execute that as one grouping instead of entering it again. Maybe Dex Hunter has that feature, or maybe that’s under Pro. Who knows? We’ve got to search for some more tokens. Let’s see what else you guys got.
This is Charles’s life now; that’s true. Can you talk about PGP for us normies? Yeah, I’ll do a follow-up video. Charlie 3? We could do some Charlie 3.
Okay, C4? Chad? We already bought the Chad. Boso? Who knows?
Alright, I’ll do one more. Let’s do Charlie 3. Charlie 3. They’ve been around for a while. We got $100 worth there.
We go. Stop sharing. We put a lot of swaps in, paid some transaction fees, and feel good about that. It’s good for the network. All you stakers, you get some stuff, and we got orders now coming in.
This has been a quick eight minutes using Lace, having some fun, learning the experience, and having a grand old time. We’re just going to keep adding. Lace is moving very quickly. We’ve done several releases already in the last few weeks. Firefox support is coming, and Bitcoin support is coming very quickly.
February is going to be a very interesting month for Lace—lots of nice stuff there. We’re also going to clean up the governance side a bit. Some of the user interface of governance tools is not so good. We don’t directly control that product; we work with Intersect on it. But I’d like to find a way to do a deep integration into Lace if it’s possible.
It’d also be cool to see if we can get a Catalyst mode inside governance tools as well and create a good user experience for that, making it pluggable so any wallet can basically use that common interface. We’ll get that done as well. I’ll just keep making videos like this and keep using features as they become available. The more complicated Lace gets, the more interesting the features we’ll get, especially when we create a full client backend that you can install. I should have access at that point to a command line interface, so it would be really fun if we were able to actually submit scripts from the CLI from a wallet backend connected to Lace.
That’ll take some time, but it’s a living product, and living products we all build together. If you like Lace, have some fun with it, do some stuff with it. I do! What’s so cool is I’m the first person in the entire cryptocurrency space, the first cryptocurrency founder, to back up his wallet using a tweet on X. That’s my wallet here for this entire arc of the LEF experiment.
You all get to see that backup, and you all have access to that backup. I just tweeted it out; in fact, I probably pinned that tweet. Thank you guys so much for listening, and I’ll see you next time. Cheers!
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