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HomeCrypto NewsMarketIOHK Announces Major Cardano Wallet Update as Chang Nears

IOHK Announces Major Cardano Wallet Update as Chang Nears

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As the Chang hard fork approaches, Input Output Hong Kong (IOHK), the development arm behind Cardano, has rolled out a crucial wallet update to Daedalus. 

IOHK recently announced the release of Daedalus 6.0.0, an important update to its desktop wallet. Daedalus 6.0.0 is a mandatory update for all users, as it is essential for crossing into the new Conway era, which will be ushered in by the upcoming Chang hard fork

Details of the Daedalus Update

This update is a pivotal upgrade that enhances several key components and addresses important issues that had been plaguing the wallet in the past.

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The update upgrades Daedalus to node version 9.1.0 and Cardano wallet version 2024-07-27. It also brings updates to the dependent Ledger and Trezor hardware wallet libraries, ensuring that users with these devices can continue to manage their Cardano assets seamlessly.

One of the most notable fixes in this update addresses the auto-update feature in Daedalus. Users on Linux who had previously reported issues due to AppArmor compatibility can now expect a smoother experience. The auto-update feature has been refined.

However, IOHK has also cautioned users about potential delays in synchronization times. Since this update requires the ledger state to be replayed from the beginning, users might notice longer synchronization times than usual. 

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For existing Daedalus users, they will receive a prompt to upgrade. However, IOHK has emphasized that new users should only download Daedalus from the official website to avoid falling victim to scams. The team issued a stern warning that any “mobile Daedalus” app is fraudulent, as Daedalus is strictly a desktop-only wallet.

Final Preparations Underway for Cardano Chang Hard Fork

Meanwhile, the team overseeing the Chang hard fork upgrade also provided an update on the readiness for the Chang hard fork. 

On Aug. 21, the working group reviewed the progress and set the proposed date for the mainnet hard fork for Aug. 27. This decision comes after careful consideration of various readiness metrics, including SPO readiness, exchange liquidity, and updates from leading DApps within the Cardano ecosystem.

The working group has scheduled a final go/no-go decision for August 23, 2024. This decision will be based on the continued momentum in achieving the desired thresholds and the status of downstream components and tooling. If everything remains on track, the Chang hard fork will proceed as planned on August 27, 2024.

Disclaimer: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic’s opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.

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Sam Wisdom Raphael
Sam Wisdom Raphael
Sam Wisdom Raphael is a seasoned crypto news writer and journalist with 5 years of experience covering blockchain, DeFi, and crypto developments. Sam's active presence in the crypto community complements his deep understanding of the crypto space, allowing him to craft comprehensible price analysis reports and tackle technical blockchain concepts.

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