Sunday, January 24, 2021

Cardano (ADA) Announces the Release of New Daedalus Rewards Wallet for Shelley

IOHK founded by the CEO of Cardano Charles Hoskinson has recently announced the release of the new Daedalus Rewards wallet for Shelley Incentivized Testnet. The wallet is now available for users to download.

The new development was shared on Twitter and published on IOHK official website by IOHK Team a couple of hours ago.

According to the report, the recent update of Daedalus addresses a couple of common issues to enhance user experience.

IOHK Team shared this, “Fresh out now, a new Daedalus wallet for the Shelley Incentivized Testnet. We’ve worked on network & backend integrations + added fresh UI features & hardware/Yoroi wallet restoration. Oh, and some ‘experimental’ features too. Give it a test drive.”

Details of the Improvements in the New Daedalus

As reported, the new Daedalus addresses a number of common issues such as a fix to the zero-balance issue and delivers Yoroi support and hardware wallet restoration for users.

Users are warned to apply the hardware wallet restoration with absolute caution. It should be handled by experienced hardware wallets users that have an understanding of the security risks.

This new version of Daedalus comes with features that give room for users to simply see a stake pool’s level of saturation.

The improvement to the Daedalus Rewards wallet also impacts its ranking mechanism, with the integration of new desirability parameters. The desirability is concerned with profit margin, costs, performance and rewards per epoch.

The update is also targeted at offering an improved experience when connecting to the network nodes. Howbeit, users may still encounter issues when trying to sync their wallets due to the nature of the testnet.

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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