Developers of the Cardano ADA have finally released a cryptocurrency wallet on their main network. The Yoroi cryptocurrency wallet will be the new crypto wallet for Cardano users on the main network. News of the new wallet was shared on Twitter by Charles Hoskinson, creator of the ADA token.
Yoroi Wallet’s developers posted on Twitter
— Cardano Community (@Cardano) October 1, 2018
Chris Hoskinson then replied Yoroi wallet’s tweet saying,
“Cardano (ADA) just got another wallet. Try it out and let me know how it works for you,”
The Yoroi wallet works like a Google Chrome Extension, but actually a Cardano ADA wallet. Look at it as Facebook Lite, a lighter version of the main system. The Yoroi wallet is a lighter version of the man Cardano platform but using just a smaller bandwidth and thus avoiding the need to always download the entire blockchain unto any ADA owner’s device. The security on the system is ensured through the creation of private keys which are stored on separate computers and not one centralised server.
The new wallet, Yoroi, will still be fully functional with the pre-existent Daedalus Cardano wallet. Thus, transfer of ADA tokens across both portfolios. Yoroi, also part of project Emurgo, forms a part of the IOHK Icarus that begun back in March of this year.
Cardano’s (ADA) sits at $0.083475 after it dropped by about 1.3% in the last 24 hours. ADA cryptocurrency is the ninth crypto in the market by market cap with a total of approximately $2,164,259,850.
It has had a trading volume of about $37 million in the last 24 hours, Cardano (ADA) making it one of the leading coins of the market.
Besides, the Cardano’s project remains one of the most promising among several other cryptocurrency and blockchain-based projects in the cryptocurrencies market.
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