Daedalus wallet is a hierarchical-deterministic wallet that supports the creation of a number of accounts in a single wallet. Cardano is a smart contract blockchain platform that is home to the Ada cryptocurrency (ADA). Ada ranks 12th in the total list of cryptocurrencies according to market capitalization.
Daedalus has gained much popularity within a short time because of the wide range of features it offers users. Users can manage the wallet easily and securely using high tech features.
Is Daedalus Safe?
Cardano is a highly secure blockchain platform written in Haskell, a programming language that uses complex mathematical logic for coding, and has a high fault tolerance degree.
Since Daedalus is also based on the same platform, it is as safe as Cardano itself. Cardano wallet technology is safer than most because of the highly innovative peer-reviewed research. Daedalus has an encrusted structure as well as formal verification codes.