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Ethereum Challenger Cardano (ADA) Unveils New Crypto Wallet Upgrade

by Daily Hodl Staff
March 5, 2022
in Altcoins

The team behind smart contract platform Cardano (ADA) is unveiling a new upgrade to their proprietary crypto wallet.

According to a new video released by Input Output Hong Kong (IOHK), the Daedalus wallet will now be running on Cardano Node 133, which significantly boosts its synchronization times and memory usage.

Furthermore, the update will enhance the crypto wallet’s security features.

“Daedalus 4.9.0 uses Cardano Node 133, a version that brings significant improvements in synchronization times and reduced memory usage.

On top of that, Daedalus now gives you more information about what the node is doing under the hood, particularly at startup. First, it validates the integrity of your copy of the [ADA] blockchain. Then it replaces the ledger from the last valid snapshot.”

The full node wallet will also see improvements to its user interface, a new search and sort feature and an automated function for its send screen, according to update notes released by IOHK.

“Daedalus 4.9.0 improves feedback on the node syncing stages, updates the send screen, the stake pools list view, and the wallet’s menu.

The sync screen now displays detailed information about all the node syncing stages. The send screen automatically updates the minimum ADA required to process a transaction and includes a new dialog for selecting tokens.

The delegated stake pools are now displayed in the stake pools list view. The wallets menu now includes search and sort features.”

Cardano is exchanging hands at $0.85 at time of writing, a 13.5% decrease from its seven-day high of $0.986.

I

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