Review on Daedalus by Sergio Daniel Delgado
Daedalus wallet is a desktop, full-node hierarchical deterministic (HD) wallet...
Daedalus wallet is a desktop, full-node hierarchical deterministic (HD) wallet for ada cryptocurrency, bundled with full Cardano node. It stores the entire history of Cardano blockchain and validates all blocks and transactions for fully trustless and autonomous operation. Daedalus wallet runs on Windows, Mac, and Linux operating systems. Daedalus wallet takes some time to download and the blockchain takes some time to sync (create a local copy of the blockchain). It occupies about 6 GB of space on your machine as of August 2019.
Pros
- allows you to maintain multiple wallets and you have a direct connection to the Cardano network.
- Easy installation with one-click setup of bundled Cardano node
- Locally stored wallets and encrypted private keys, not shared with third-party servers
- Trustless operation with locally running full Cardano node which independently validates full transaction history of the blockchain
Cons
- you don’t trust a third party like Emurgo as a source of truth; instead, you are locally running software which autonomously validates all transactions against consensus rules and protects your privacy.
