The team at Cardano (ADA) is stepping up its wallet game with the release of Yoroi. Charles Hoskinson, co-founder of IOHK and creator of Cardano, announced today that Yoroi has launched on the mainnet.
Cardano just got another wallet. Try it out and let me know how it works for you https://t.co/WpygLMENKQ
— Charles Hoskinson (@IOHK_Charles) October 1, 2018
Yoroi is a Google Chrome browser extension. It’s a lightweight wallet that takes up little bandwidth because it doesn’t need to download a full copy of the blockchain onto users’ computers. Private keys are encrypted and stored on computers, not centralized servers, providing an extra level of security.
Yoroi can be synced with Cardano’s full-node wallet, Daedalus, which connects with servers to download a full copy of the blockchain. ADA can be sent between both wallets.
Yoroi, an Emurgo product, is the result of a hardfork of IOHK’s Icarus, initiated in March to create a lightweight Cardano wallet.