Cardano News

Hello all. Could someone explain the “paper wallet” to me? I’m setting up Daedalus today and don’t currently have a hardware wallet (not sure if any even support ADA yet) and I guess I just don’t understand how a paper wallet works. Any help would be appreciated.

Hey guys, I bought some ADA on Binance yesterday. The transaction was processed & i've seen it on Cardano Explorer but there is no sign of it in my Daedalus wallet. Each of my previous buys have shown up in Daedalus within minutes. Any ideas as to what has gone wrong? Thanks

Provide a summary of why you like Cardano.

I think this would be a beastly conversation!

Did you guys forget that coinbase is looking into adding Cardano? I’m sure everyone is underestimating that Cardano May be the first choice or even the only choice! Especially since Cardano was basically invented by one of the ethereum guys. Take that into account, I’m sure Charles took into account all the flaws of ethereum before launching Cardano and fixed most if not all! Don’t underestimate cardano’s potential! Think of it as ETHEREUM 2.0 better, faster, scalable and for the best part it’s PROOF OF STAKE.... much more greener and energy efficient! SEE YOU GUYS ON THE MOON!

Disclaimer: these are just my personal thoughts. Do not take this as investment advice! I’m sure I speak for most of you when writing my statement!!!! SORRY FOR THE CLICKBAIT TITLE!!!!!

Cardano is next! Just wait for it.

Ada just broke the 1600 resistance! Next stop is 1740!! 🚀🚀🚀

Massive Cardano fan, always have been, hoping to always be, but having tried Daedalus, I must say I'm massively disappointed. I was forewarned that the initial sync would take some time and was actually surprised it only took 30 minutes which was great. Setup for easy, got my public key, carried out a transfer to my wallet (everything correct) but all went downhill from there. For a start, I closed the Daedalus prog because the ADA I transferred (test amount so no risk) hadn't appeared after an hour. The prog wouldn't open, just stuck on what seems to be the common "connecting to network..." message. Been through all the faq information, am an IT guy so know all the steps and have checked all the bottlenecks my end. Left it to get on with other jobs, only to be informed hours after that my ADA transfer into the wallet had failed with an invalid address, despite it matching what was created in Daedalus. Hmmm. Anyway, errors can happen, so I've sent Daedalus support a message with the log files but no response (yet). Feel a bit let down, especially given Daedalus has what, 7 full time employees working on it, and Cardano is known for taking a technical/engineering stand point on their creation with who they employ. Sort of logging this for myself, will update if/when I get a support reply.

I thought the exchange wallets were fixed 6 months ago, my ADA withdrawal is stuck at "Processing" without any TxID provided (3 hours and counting).

Anyone else experiencing this?

EDIT: Now after second try it is going through!

I made an infographic which aims to help new investors to understand Cardano. I took the most important information of the Cardano website and put it in this infographic. When I was creating this infographic, I realised that Cardano isn't easy to understand for new cryptocurrency investors. I think that the community should create some type of organization which aim would be to heavily simplify the Cardano project. If people understand the impact that Cardano will have on the world and how much work is done behind the scenes, Cardano will gain a lot of popularity. We have to bring cryptocurrency and especially Cardano mainstream. If you have an idea to bring Cardano mainstream (and which is affordable), please leave a comment below this post! Infographics, pictures, art, music, shows are all possibilities because these can go viral on social media. We just have to find THE solution to this problem!

You can find me on instagram here: https://www.instagram.com/nongiverofether/

Launched Daedalus and noticed that if you use their wallet, the phrase is 12 words long, but if you opt for a paper wallet, it is 27 words long. Why is there a difference? Does the 12 word phrase only allow you to recover your funds via Daedalus, versus the 27 word phrase by any wallet supporting Cardano? I'm storing coins for long term, not sure what to use!

I think it probably Infinito Wallet (my favorite) or Ethos, the are adding alot of coins