Sunday, April 11, 2021

Cardano: Latest Version of Daedalus Released with Support for K Parameter Adjustments

According to the software company behind the development of Cardano (ADA), IOHK, the latest version of Daedalus wallet has been released. The report says that the version comes with the support for the upcoming adjustments to the k parameter.

IOHK shared this latest development via its official Twitter handle moments ago. Going by the report, the adjustment to the k parameter is slated to play out in a few days’ time. This is when there will be a notable change to the desired number of stake pools on the Cardano network.

Read Also: Charles Hoskinson Has a Question for All the Existing Pool Operators as ITN Comes To a Close

IOHK tweeted, “NEW DAEDALUS: Our freshest Daedalus 2.6.0 release supports the upcoming adjustments to the k parameter, (coming 6 December) when we’ll change the ‘desired’ number of Cardano stake pools from 150 to 500.”

Moreover, the update says that the new version of Daedalus comes with a number of minor fixes and improvements, coupled with a little change on the stake pools’ page to the way maximum value is calculated:

“The slider on the ‘stake pools’ page now uses the desired number of stake pools to calculate the maximum value. Plus we’ve added numerous smaller fixes and improvements. Existing Daedalus users will receive a newsfeed alert to automatically update Daedalus.”

The report also urged new users to only download Daedalus wallet from the Daedalus official website, to avoid unpalatable eventuality.

Read Also: Charles Hoskinson to Daniel Larimer: Smart Contracts and Native Assets Are Coming On Cardano in 2020

In conclusion, IOHK assured the community that the Ledger Trezor hardware wallet staking features will be introduced in the next version of Daedalus, adding that these features are currently undergoing test on Daedalus Flight:

“PS Next week, we should have another new Daedalus upgrade for you, bringing in the Ledger Trezor hardware wallet staking features the community has been busy testing via our Daedalus Flight program. So keep an eye out for that.”

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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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