Charles Hoskinson - IOHK Ships and Releases Daedalus 1.0.0 mainnet wallet
(Written by @Eric_Czuleger)
On April 24th 2020 Charles Hoskinson sat down to give an update after Daedalus 1.0.0 shipped.
Summary:
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Daedalus 1.0 has shipped.
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For 18 months IOHK have been working on rebuilding the code base using high assurance code and that is now proliferating throughout the ecosystem.
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In May IOHK will begin rolling out the Shelley infrastructure.
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The IOHK audit report has been completed by Root9B and we will make it available for the public soon.
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IOHK would like to extend their gratitude to the employees of IOHK, EMURGO, the CF and stake pool operators.
To download the Daedalus 1.0.0 mainnet client (available for Win/Mac/Linux) go here:
(Beware of fake/scam websites!)
View the Daedalus installation instructions video by @darko:
Shipping Daedalus
Daedalus 1.0 has shipped. Since september of 2017 we have planned to get Daedalus to a state where features can be added on a solid codebase. This allows us to give everyone the quality, safety, speed, and elegance that they deserve. Today it has been brought to every user of Cardano. The Serokell code is now entirely gone from the platform thanks to the Byron reboot.
At the moment Byron is in everyone’s hands including exchanges, customers, and everyone in the network. We are watching the relays upgrade at 2 gigabits a second due to rapid updates. Old customers are coming back and we are seeing activity in wallets which have been dormant for two years.
What is amazing about this is the fact that it has only been 25 days since the launch of the Byron reboot. We have already seen 6 upgrades to it. We have added new features and functionality including correcting synchronization issues with windows code. This is an important signal for the future about where we can go.
Looking to the future
Darko and the Daedalus team are all very excited. We can now talk about ledger support as well as paper wallets and rapid deployment of beta features. This is a proud moment for all of us. We have been waiting 18 months for this to occur and it is now in everyone’s hands.
Sync times are around 50 minutes up to an hour and a half. Wallet restoration is happening in 20 and 30 minutes. To benchmark this, sync times used to be between 9 to 14 hours. In terms of recovery time, it previously took around 14 hours. Today it took twenty minutes. We see this as a marked improvement.
May is the month when we start rolling out the Shelley infrastructure as well as the testnets. We will follow the same process as we did with the Byron reboot, beginning with a small test group. More people will subsequently receive access. At the end of the month there will be a new product seminar. The balance check is coming rapidly and then the Shelley client will come out. After that, the Shelley era will have begun and we will be on the march towards absolute decentralization.
New eras
After this point we will move on to Goguen. We’re thrilled to expose the ancillary projects and partnerships which we are working on as well. This includes Prism, our decentralized identity standard. We’re also looking forward to bringing track and trace into the ecosystem. Our multi-asset standard will be a best-in-class experience. Furthermore, Daedalus will be a multi-asset wallet making it all easier to work with. All of this is on the way and it is beautiful to see this code get out to market.
We understand that it was a lengthy period of time that we had to wait but we believe that it will be worth it in the end. We are looking forward to having our critics reevaluate their opinions on Cardano. We never wavered on what we decided to do, and we’re confident that we will achieve this.
Commercialization and globalization
In the subsequent years we will be pushing more towards globalization and commercialization. At this point technology doesn’t matter to us. We believe that we have the best-in-class crypto platform and one which the world will be able to build on. The next five years are about pushing us towards a billion users.
We are still number one in terms of commits and we believe that this has helped us to generate the best of any cryptocurrency in the business. No one else is using QuickCheck, Formal Specifications, and Haskell. Our attention to detail is apparent in writing new code to ensure that our experience with Windows is high quality.
In other news, our audit report from Root9B will be released shortly. In it they confirm that we have fixed all the issues which they identified originally. We have completed the audit, the report, and the rebuttal. It will be made public soon and our audience will be able to see third party validation of the quality of Cardano. The next audit will be even more involved. This has been self-imposed peer-review and security auditing. This is one of the reasons that we are so proud of the work that has been done on Cardano.
Best-in-class technology
We would like to extend our admiration and gratitude to all of the developers and individuals working on Cardano. They have chosen to work on this platform in the belief that we could do what we set out to do. We believe that because of this all other platforms should be measured against Cardano. We thank them for all of their time and effort.
Furthermore, we would like to thank the stake pool operators who wanted to show everyone that they could run the world’s most sophisticated cryptocurrency. We are looking forward to seeing the network become stronger through competition. We have started a network which cannot be shut down. This is why Cardano will be the most successful foundation for DeFi. Moreover, it will have a governance system which will allow it to grow and move based on the point of view of the users. This is why we will not have unnecessary hardforks. This is why we will become the social and financial operating system of the world.
