Tuesday, May 11, 2021

Cardanians Admires the Syncing Speed of Daedalus 1.0.0

Cardanians, the guardians of Cardano (ADA) security and decentralization, has recently acknowledged the syncing speed of the newly released Daedalus 1.0.0.

Recall that the release of Daedalus 1.0.0 (Byron Reboot) was announced some hours ago, a development that indicates great progress in the Cardano (ADA) ecosystem.

In response to Charles Hoskinson’s announcement, the Cardanians.io stated that the wallet comes with great features that make it easily accessible.

Cardanians then furthered that the wallet started syncing blocks at the speed of ~10% within 20 minutes, terming it a good job.

“Daedalus 1.0.0 is a great Cardano wallet. The wallet asked me whether I want to import a wallet that I have been using on my computer. It was very easy. After that, it started syncing blocks at the speed of ~10% within 20 minutes. Good job!” Cardanians shared.

Afterward, Cardanians reported that Daedalus 1.0.0 completed syncing within 2 hours, tagging its speed as the fastest in the crypto space.

“UPDATE: Daedalus 1.0.0 has been synced within 2 hours! It is the fastest wallet I have seen in the whole crypto-space,” Cardanians reported.

Cardano (ADA) against US Dollar (USD) Perpetual Swap Goes Live On Huobi

Huobi, one of the largest cryptocurrency exchanges, has announced the listing of Cardano (ADA) against US Dollar (ADA/USD) perpetual contract on its trading platform.

The exchange announced the new addition via its official website and Twitter handle a couple of minutes ago. Other trading pairs added alongside ADA/USD are DASH/USD and ZEC/USD perpetual swaps.

According to the report, the crypto exchange will launch the trading pairs on 24th April 2020, at 18:00 (GMT+8). The report furthered that the exchange has made insurance funds ready to protect users from clawbacks.

Huobi shared this, “NEW LISTING. ADA/USD, DASH/USD, ZEC/USD perpetual swaps are now live on Huobi. 5.715M ADA, 2,500 $DASH, and 4,500 ZEC have been ready as insurance funds to protect users from clawbacks. Always #safu with Huobi Derivatives.”

Solomon Odunayo
Solomon has a growing passion for writing, this propelled him to keenly work on Eagles News Media for about two years before delving into the cryptocurrency and Blockchain industry he finds more interesting. He worked as a crypto Journalist and Editor at NewsLogical before joining Herald Sheets, owing to the priceless experience he has accumulated since he became a contributor in the crypto community.

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