Home » Business » Cardano launches a new update for the Daedalus wallet, you must know that

Cardano launches a new update for the Daedalus wallet, you must know that

It Cardano The network (ADA) continues to develop behind the scenes despite the current state of the market. The company behind Cardano, IOHK, announced yesterday that it has released a new update of theirs Maze wallets have been launched on the main network which should bring multiple improvements.

Dedalo wallet

The Daedalus wallet is a crypto wallet designed by the Cardano team. It’s a software portfolio which supports ADA, among others, but also all others cryptocurrencies which are built on the Cardano network. Furthermore, users on Daedalus can also stake their ADA to earn a nice annual return.

The latest version of Daedalus, 5.1.0, ensures that the wallet can be better integrated with the existing one hardware wallets like those of Trezor and Ledger. Additionally, Daedalus’ Babbage will receive support and issues raised regarding the computation commissions dissolved.

According to the IOHK announcement, existing users will be able to update to the latest version via the Daedalus newsfeed. The team indicates that it is very important that users only download the update via the official website for security reasons.

IOHK also clarifies once again that Daedalus only exists for desktop computers. If a mobile version of the wallet is advertised somewhere, it is very likely that it is a common scam.

These warnings are not without reason, as users of the Daedalus wallet are often subject to elaborate scams. For example, in August 2021, someone tried to scam their ADA users via a fake website where they had to “upgrade” their Daedalus wallets.

Cardan development

Now it is clear that Cardano’s team is not standing still. Not long ago, the long-awaited Vasil rigid fork launched on the network and almost immediately the next major network enhancements were already pending.

A little over a week ago he was in gimbal news read that founder Charles Hoskinson even announced a new era: the “Voltaire era “.. One thing is certain, there is still a lot to do for the Cardano network.

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.