Is there any benefit at all of using Daedalus?
Is there any benefit at all of using Daedalus?
This is taking absolutely forever to download/Sync. Is there any reason I would want to use Daedalus over Yoroi?
Kasun Premathilake Answered question
It’s about trust.
With a full node wallet you need to download and verify the entire Blockchain so that Daedalus can calculate your wallet balances, etc. without relying on anyone else.
With a light wallet you rely on a third party to interact with Blockchain and broadcast your transactions. You must trust this third party to accurately represent your address balances and trust that they are broadcasting your transactions correctly.
Full node wallets also adds the overall decentralization of a Blockchain network by reducing the Network reliance on a third party like Infura or Alchemy.
Binura lanka Thilakeratne Answered question