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- Cardano is a blockchain platform which has released Daedalus 1.0.0-STN1 update for Shelley mainnet.
- Users can check basic digital wallet functionalities with this update.
- Several updates have been lined up following Daedalus which will enable ADA holders to use the Shelley mainnet.
Cardano is a blockchain platform which has released Daedalus 1.0.0-STN1 update for Shelley mainnet. It is available to all stake pool operators, however, ADA users don’t need to do anything. Users can check basic digital wallet functionalities with this update. The update enables them to create, delete, and restore Shelley wallets. The Shelley Testnet faucet can be used to fund wallet on this platform. Several updates have been lined up following Daedalus which will enable ADA holders to use the Shelley mainnet.
The wallet has been designed to grow with the community with its unique features. It has advanced security measures in place to keep your digital assets safe. Furthermore, this network has the best Proof of Stake protocols ever invented within the digital wallet space. They have a powerful backup system in place to help users restore funds if they become inaccessible.
Cardano Has Released Daedalus 1.0.0-stn1 Update
Features such as delegating stake, reviewing earned rewards, and viewing stake pools will be added to Daedalus.
Once all the test features of Daedalus are completely implemented, they will be exercised on the Shelley mainnet. Users can move funds from Byron wallets to Shelley wallets too. The Shelley testnet will help users to get the first-hand experience of the mainnet and provide valuable feedback for areas of improvement.
Transactions on digital wallets vary in complexity and nature. All of them have a few attributes in common such as payment address, input, output, and time-to-live (TTL). Although digital wallets have an uneven history the future looks bright for them with a lot of advancements in the pipeline.
Security is the major concern for all users and with the Daedalus update, they can rest assured that their funds are in safe hands. The world of cryptocurrencies have a defined and specific set of the ethos which if violated leads to disagreement among all the stakeholders.
Steve Anderson is an Australian crypto enthusiast. He is a specialist in management and trading for over 5 years. Steve has worked as a crypto trader, he loves learning about decentralisation, understanding the true potential of the blockchain.
