Daedalus is the official open-source wallet for the Cardano network’s ADA cryptocurrency. It’s a fully functional full node wallet, meaning it downloads and verifies the entire history of the Cardano blockchain on your device. This ensures a high level of security and independence from third-party servers.
After downloading the installation file, double-click on it.
Select your preferred language, number and date/time format.
Please read and accept the terms of use.
Select the installation folder or leave the default path.
Wait for the installation to complete and create a shortcut on your desktop.
Step 3: Create a new wallet
When you first launch Daedalus, you will be prompted to create a new wallet:
Click “Create”.
Come up with a secure name for your wallet.
Set a spending password (at least 7 characters, including uppercase letters, lowercase letters, and numbers).
Save your 24-word recovery phrase in a safe place. This is the only way to restore access to your wallet if you lose your password or your device is damaged.
Step 4: Sync with the blockchain
After creating your wallet, Daedalus will begin synchronizing with the Cardano blockchain. This can take anywhere from a few hours to a day, depending on your internet speed and device performance. You can pause the process and resume it later.
Helpful tips
Daedalus is a desktop wallet, and there is currently no mobile version. The wallet only supports ADA coins. Daedalus offers staking pools for ADA, and you can delegate your coins to earn rewards. It is recommended to regularly back up your wallet and store them in a safe place. If you prefer a lighter wallet, consider options such as Yoroi or Adalite. However, Daedalus remains the best choice for users who value high security and complete control over their funds.
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