#Daedalus wallet install
#Daedalus wallet update
#Daedalus wallet password
#Daedalus wallet download

Users will be able to earn testnet ADA with the new wallet, to see how the real rewards will work in the mainnet later this year. The addition of support will also be made for the transfer of funds from the old generation - Byron wallets to the new Shelley generation wallets, as well as claiming incentivized testnet rewards. These features include the expansion of stake pool functionality with the ability to display stake pool ranking based on the amount an ADA user plans to delegate.

With new delegation features added to the Daedalus test wallet, users on the Shelley testnet can create a Shelley wallet, and leverage testnet Faucet to delegate ADA from their wallet to a stake pool.Īs for the weeks ahead, the new Daedalus testnet functionality will be added during the Shelley roll out, according to IOHK.

#Daedalus wallet download

“The new Daedalus wallet (1.2.0-STN1) is now available from the Cardano testnets site remember, for your own security, only download Daedalus from official IOHK or Cardano sites.” New features, including delegation, stake pools, and rewards distribution will also be available in the sandboxed environment to simplify the staking process.

#Daedalus wallet update

The new version 1.2.0-STN1, enables users to try out the new functions brought by the new Shelley update in a sandboxed environment using test-ADA. If you have questions about staking or anything else related to Cardano, feel free to join our Telegram channel.Input Output (IOHK), the blockchain engineering company behind Cardano has released the new Daedalus wallet for the Shelley testnet, less than a week after the Cardano Virtual Summit. You can see the remaining time of the current epoch in the Delegation Center. You have now staked your ADA! You will begin receiving staking rewards after the current and next epoch (5 days) have completed. Select your desired stake pool (VIPER is a great choice!)Ĭonfirm your staking delegation and enter your spending password.Select the desired wallet and click Delegate (wallet must have at least 10 ADA in order to delegate).

Select Delegation Center on the left side of the screen.This message will include a link to do this transfer automatically. If you select the wallet on the left navigation pane, you will see a message informing you to move the funds. In order to stake your ADA, you will need to move the funds from the restored Byron wallet into the new Shelley wallet we just created.If you did not restore a Byron wallet, skip to the next step. Step 2: (Byron only) Convert Byron wallet to Shelley wallet Write down and then type in the generated recovery phrase. If you have not previously created a Daedalus Shelley wallet, go ahead and create one by selecting “Add wallet” > “Create”.

#Daedalus wallet password

Give the wallet a name and create a new, secure password (recommend using a password manager, such as LastPass to generate a strong, random password).

Type in the recovery phrase for this wallet and click “Continue”.

Select the type of wallet you would like to restore and click “Continue”.

Select “Add wallet” at the bottom of the screen, and the select “Restore”.If you have not previously created a Daedalus wallet, skip to the next step. Open Daedalus, select your preferred number and date formats, and wait for the node to sync (this can take a couple hours if this is your first time opening Daedalus). Important: Only download Daedalus directly from the official website.

#Daedalus wallet install

If you haven’t already, download and install Daedalus Shelley Mainnet wallet. Step 0: Download Daedalus Shelley Mainnet The length of your wallet’s recovery phrase will tell you what kind of wallet you have: If you participated in the Incentivized Test Net (ITN), this wallet is already a Shelley wallet and can be used for staking. In order to stake your ADA, you will need to move your funds to a Shelley wallet. If you created a wallet prior to July 29, 2020, it was created during the Byron era of the Cardano blockchain, which did not support staking.