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About two days ago, the CEO of IOHK informed the Cardano community about minor bugs discovered in the ongoing stake pool of Shelley incentivized Testnet that went live a few days ago, needing necessary and immediate attention to get bugs fixed and to get the stake pools going smoothly. And this was duly reported by Herald Sheets.

According to the report, the new development within the Cardano (ADA) ecosystem is the release of the new version of Daedalus to fix the previously emerged bugs affecting the smooth run of stake pools.

This information was passed across by the CEO of IOHK, Charles Hoskinson and via the official Twitter handle of IOHK some minutes ago.

IOHK shared thus, “We’ve just pushed out a new version of Daedalus (v2.0.1-ITN1) to squash a few common bugs including those affecting balance and stake pool display for some users. It is available to download now from the Incentivized Testnet site. Happy Holidays!”

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Going by the information inferred from the Incentivized Testnet site, a fully-featured version of Daedalus and Yoroi are presently available for the Incentivized Testnet. Users can now restore their testnet ADA balance, surf their stake pools, and delegate their stakes for ADA rewards.

Meaning of Delegation

Delegation can be described as the process whereby users holding the digital token ADA delegate stakes associated with their ADA to a stake pool.

The delegation also serves as means for ADA holders with little or no knowledge in running a node to successfully participate in the network and be properly rewarded according to the amount of delegated stakes.

Further Information for Users

According to the available information, users that held ADA in a Daedalus or Yoroi during the balance snapshot that took place at 12:00 UTC on 29th November 2019, are now enabled to crosscheck the success of the ADA balance captured, browse stake pools, and delegate stakes with Daedalus reward wallet client.

Once the Daedalus rewards wallet client is properly downloaded and installed, users can then go ahead to use the feature for restoring wallet to check whether the testnet balance corresponds with mainnet balance.

At this point, the wallet recovery phrase associated with the mainnet wallet during snapshot needs to be entered. According to the report, the same process mentioned above can also be applied to Yoroi wallet.

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Solomon Odunayo

By Solomon Odunayo

Solomon Odunayo is an accomplished blockchain and cryptocurrency expert at Herald Sheets, known for his in-depth analysis and engaging articles that cater to both beginners and experienced readers. With a degree in Computer Science from the University of Lagos, Solomon leverages his technical background and keen understanding of the crypto space to provide readers with valuable insights and up-to-date news. His passion for innovation and commitment to staying current with industry developments make him a trusted voice in the digital currency community.