$1.12 -1.44%
ADA · 2w

Cardano’s Daedalus wallet receives its most significant update yet

Version 3.3.0 of the Daedalus wallet brings support for the upcoming Cardano protocol update that delivers native token support to the blockchain. What also stands out from the numerous new features introduced is the ability to register to vote for the Project Catalyst Fund3, removing unnecessary steps from Cardano’s on-chain governance.

Daedalus wallet gets a revamp in the latest update

Daedalus, a Cardano wallet developed by IOHK, has just received its biggest upgrade yet. Announced on Feb. 17, the update has essentially made Daedalus ready for Mary, the upcoming HFC event that’s set to bring native token support to Cardano.

NEW DAEDALUS: Fresh out now, Daedalus 3.3.0 is our most significant update yet, packed full of fresh features for #Cardano $ADA! 1/5 — Input Output (@InputOutputHK) February 17, 2021

Version 3.3.0 also brings a slew of other updates to Daedalus, including configurable SMASH servers, metadata transactions, fee processing, ADA deposits, as well as support for Ledger devices configured with a secondary PIN.

Daedalus can now display the converted value of users’ wallet balances in a supported fiat or cryptocurrency. Conversion rates are provided by CoinGecko, but IOHK noted that the calculated conversions should only be used as a reference.

Users will also be able to import wallets from ‘secret.key’ files located in state directories of old versions of Daedalus. This represents a significant update for users that have lost their wallet recovery phrases, as the new version allows the import of wallets with just spending passwords.

Daedalus brings Cardano a step closer to completely decentralized governance

However, the biggest and most significant functionality unlocked in version 3.3.0 is the addition of Project Catalyst Fund3 voting registration. While still in its experimental phase, Project Catalyst is a program that will ultimately bring on-chain governance to Cardano. Th...

Continue on
Recent news