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Cardano Ecosystem

Cexplorer

02/17/2024

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What Is Daedalus Wallet

If you install the Daedalus wallet on your computer, the Cardano node will be installed at the same time.

What Is Daedalus Wallet

If you install the Daedalus wallet on your computer, the Cardano node will be installed at the same time.

What is the difference between Daedalus and light wallets like Yoroi, Lace, Eternl, Nami, and many others? We will explain the basic differences in the article. Wallet and full node Every blockchain wallet must be connected to a full node to interact with the blockchain. 

The wallet is just a user interface allowing users to see how many coins and tokens they own. Furthermore, wallets allow them to submit transactions. In the case of Cardano, the wallet is used to create a special transaction with a delegation certificate that delegates ADA coins to the chosen pool. 

The wallet needs to read the data stored in the blockchain and further change the state of the blockchain th Read article: What Is Daedalus Wallet

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ORIGINAL SOURCE

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Disclaimer: Cardano Feed is a Decentralized News Aggregator that enables journalists, influencers, editors, publishers, websites and community members to share news about the Cardano Ecosystem. User must always do their own research and none of those articles are financial advices. The content is for informational purposes only and does not necessarily reflect our opinion.


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