Daedalus is an open-source desktop wallet for ada, the native coin of Cardano, developed by Input Output (formerly IOHK), the engineering company behind the network. It launched with Cardano's mainnet in 2017, during the Byron phase, and is a full-node wallet: it downloads and verifies the entire Cardano blockchain on the user's computer rather than relying on a third-party server. This gives strong independent verification but requires significant disk space and time to synchronise. Users hold their own keys, backed up with a recovery phrase, and can delegate ada to stake pools to earn rewards without moving their funds. Lighter Cardano wallets exist for users who prefer quicker setup. Daedalus is an example of a core wallet and a non-custodial wallet.
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Daedalus Wallet
Cryptocurrency and Digital AssetsUpdated 13 Nov 2026
Last updated 13 Nov 2026