Altcoins

Cardano ($ADA) Wallet ‘Daedalus’ Now Allows Sending and Receiving Native Tokens

Cardano’s full-node wallet “Daedalus” has had a significant upgrade with several cool new features, the most important of which is allowing users to send and receive native tokens (i.e. not just the ADA token).

IOHK announced the arrival of version 4.0.3 of Daedalus around 17:37 UTC on Tuesday (March 30).

NEW DAEDALUS: Fresh out now, Daedalus 4.0.3 brings support for native tokens, making #Daedalus a multi-asset wallet that enables users to send and receive native tokens #Cardano $ADA 🥳 1/4 pic.twitter.com/HdPqx92swV

— Input Output (@InputOutputHK) March 30, 2021

Mac Version of Daedalus 4.0.3

According to Daedalus 4.0.3 release notes, the most important new feature is support for native tokens:

“Daedalus 4.0.3 is a significant release that enables users to send and receive native tokens. Wallet addresses can now receive both ada and native tokens contained in a single Cardano transaction. Available native tokens appear in the token section of the Wallet Summary screen, where the balance for each of the tokens is shown.

“Native tokens are uniquely identified by two hexadecimal numbers, Policy Id and Asset Name, which are stored on the blockchain. For easier identification of native tokens, these two numbers are combined into a readable fingerprint. These fingerprints begin with ‘asset’ and are always displayed next to native tokens in Daedalus. Ada differs from native tokens by not having a fingerprint…

“When using native tokens, transaction fees are paid in ada, and some ada needs to be sent with every transaction for network protection against attacks.“

   

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