Trezor {Hardware} Pockets now helps Cardano ADA

Charles Hoskinson, Founder of Cardano, updates Community with “Good news”.

Charles Hoskinson shared good news with the Cardano community when Emurgo developers hit a milestone on the roadmap: Trezor Hardware Wallet Support.

Charles emphasizes the importance of Cardano’s update as one that reflects “resilience” and autonomy in developing features without direction from IOHK. Emurgo was 100% responsible for developing the Trezor wallet integration.

Emurgo is one of three organizations actively developing Cardano ADA, including The Cardano Foundation and IOHK.

Updates are big news for cryptocurrencies as they can affect price promotions and community adoption. This integration news update offers added value on several levels and strengthens the trust of the Cardano ADA community.

One of the most important requests from the Cardano community is the support of the Ledger wallet, which should come in January after the next Cardano firmware update to 1.5. Trezor and Ledger hardware wallets are currently among the most trusted providers of cryptocurrency cold storage.

Hoskinson expects Cardano ADA to receive additional third-party support from the first quarter in 2019. He claims that the efforts to integrate and adopt Cardano wallets may be easier than in 2018.

Crypto hardware wallet for cold storage, but …

Crypto storage best practices are to keep the keys for your cryptocurrencies. This is best done with a hardware wallet. Especially when compared to holding cryptocurrencies on an exchange or software wallet, neither of which are considered secure.

Plus, assumptions are dangerous and wallets aren’t always safe, as reports surfaced yesterday that both Trezor and Ledger are hackable. These allegations will be responded to, but it is best to take note of them.

In November 2017, a 15-year-old named Saleem hacked Rashid Ledger’s wallet and blogged about it entitled “Breaking the Ledger Security Model”.

Additional Cardano updates to be expected in the next few quarters

Charles was reviewing a number of upcoming updates for the Cardano platform, in addition to what’s on Cardano’s roadmap.

  • The advanced user mode, including a terminal to automate tasks, connects the wallet and database directly with the provision of a smart contract
  • Haskell ‘portability’ in browser applications
  • Firefox web browser support – 100% Haskell code is required to be used in the Firefox web browser environment and enables features such as staking
  • Blockchain Utilities – Integrity Checking and Defragmentation
  • Lite Client – Find out how to get the most out of a wallet that doesn’t need the entire blockchain to run, and finally fill in the entire blockchain in the background
  • Hire three full-time engineers to work on these projects
  • Multi-signature project in collaboration with Emurgo
  • We hope to increase the size of the development team

Join the Cardano General Telegram Group and Avoid Cardano Community Group which is full of trolls

Charles invites people to join Cardano’s online community and ask questions to moderators and dedicated tech support. The best way to contact them is through their official Telegram group, Cardano General.

Avoid “Cardano Community,” emphasizes Charles, as this group is not affiliated with Cardano.

People who run the group have tried to sell the channel to Cardano. When Cardano refused to buy it, group members attacked Cardano in the hopes that at some point they would change their minds and buy the channel.

The management didn’t care at the time when the Cardano Foundation ran under Michael Parsons.

In essence, the Cardano Community Telegram group is plagued by bad actors. Trolls, the people who join the group say that Cardano is bad and full of bad people.

Update to 1.4 tips

Charles gave final advice to those struggling to upgrade to 1.4. He mentions that update problems may be due to a damaged block database. The best step is to delete and re-download a new one and submit a help desk report.

Image source: “Flickr”

Comments are closed.