The IOHK company behind the Cardano project has released the 1.0 master version of the “Daedalus” wallet, the first publicly available version of a full node wallet for the Cardano blockchain and its native token Ada.

Providing a secure wallet:

The main advantage of Daedalus is the fact that it is a full node wallet, which means that the wallet downloads the complete ledger of Cardano onto the device.

This process provides security, as Daedalus does not rely on third parties to conduct transactions as light wallets such as Yoroi Wallet do.

Meaning, users do not need to trust any third parties.

Although the download process does take some time, it does not take long. Charles Hoskinson, CEO of IOHK, suggests that the process of downloading an entire blockchain takes about 15-90 minutes, and about 20-30 minutes to restore an existing wallet.

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Other Daedalus Features:

Hoskinson told the wallet that the wallet offers “quality, speed, and style,” while IOHK Product Manager Darko Mijic demonstrated the wallet’s functionality at Youtube videotell him:

Minor features include support for multiple Cardano wallets, compatibility with all three major operating systems, an integrated news feed, and a usable interface.

Hoskinson also told that the Daedalus wallet will support security tokens, custom tokens, and enterprise functions such as advertising technologies and supply chain tracking.

The road to Chile:

Daedalus is part of the Cardano “Byron Reboot” update that launched on April 1.

The Byron Reboot acts as a temporary period between the previous ‘Piano’ era and the upcoming ‘Chile’ era.

When Chile’s mainnet is launched, it will offer pool rewards to all users, a feature that has been available to early participants when testing Cardano’s staking since December.

Cardano has chosen not to provide an exact release date for Chile, however, today’s update indicates that IOHK will begin deploying the Chile infrastructure in May.

Other estimates suggest that the launch will be completed by the end of the second quarter, on June 30, after which Chile will begin the era of Guoguan, which will focus on partnerships and marketing.

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