Review on Daedalus by José A Rodríguez
Daedalus Wallet: Just Good and Essential for Storing the ADA Token
Daedalus is just a good cryptocurrency wallet, product of the necessary support to the Ada token, which comes from the Cardano blockchain. I can say it is even, a kind of well-designed Wallet with great benefits and features from this network. This wallet gives great value to the open-source system it offers for crypto-holders, traders, and general users that work with cryptos.
The first point I want to highlight is about the security system this wallet offers. Among all Cardano wallet supporters, this one is the most appropriate and secure of all. It offers a complete node of encryption that ensures customer's safety while they are out, as well as the correct functioning when they are inside. It is a kind of tokens-storage-blockchain because it registers every single action that is done on it. Moreover, this wallet works effectively in any desktop, it does not matter the operative system.
On the other hand, the Daedalus wallet offers a great and wide view to understand more about the Cardano Network. It is a great partner for the company as well as for the users who want to experience with it. I liked to explore because it gave me enough knowledge about a blockchain I follow closely because I like what it offers.
However, more than issues are disadvantage s because this wallet was designed exclusively for storing the ADA token, although it now seems to be available for others, it is still less functional and offers low value for trading. If the company wants this product to be more effective and increase its living period, then they should update it to accept more tokens, or at least increase the chances of trading them freely as other wallets do.
Overall, this product is still to be approved for more users. Despite the years, it has in the market, people consider it twice before storing their tokens on it because it is difficult to trade just ADA tokens. However, the design of it is impressive.
Pros
- Excellent design and very practical because of the ease of use it offers. The platform and the wallet itself are nice and modern.
- Advanced security layer and open-source interface. The safety and protection of customers are highly guaranteed.
- It is the second-best wallet for storing ADA tokens. It offers low fees, and diverse options to get in touch with the Cardano Network itself through the foundations that are listed on it.
Cons
- It is a wallet designed just for the ADA token from the Cardano blockchain. It gives more support to this network instead of being a really open wallet for other projects.
- The trading volume registered on it is most of the time under the limit of general transactions.
- Although the product is available for many global areas, the digital platform is in just two languages (English and Chinese). They should improve the current translation methods and add more languages.
