I got a question, most probably a stupid one but at least one!
I stake my ADA on Daedalus Wallet but my computer memory is close to explode. Therefore I would like to delete daedalus to make some room for work stuff
The big question now is, what happens with my ADA? Do i continue to stake while I deleted it? Can I restore my Wallet in 2 years and check what my staking rewards had been or is there a MUST to keep the wallet on your computer in order to stake ?
Maybe a little extra information. There is actually nothing running on your computer. All the data is stored in the blockchain, which is distributed over many nodes in the network. This means even if you uninstall Daedalus, you could simply install it on a other computer and restore your wallet with your seedphrase again.
By the way i would recommand you to use a light wallet like Typhon or Eternl and restore your wallet there, as those wallets arent running a full node which means they doesnt need that much ressources from your computer.
If you have any other questions, feel free to ask here or DM me
Building on the original question, what happens if you delete your Daedalus wallet, go away for 2 years and come back to find out that Daedalus is no longer an option. Can you gain access to your ADA in some other way assuming other wallets exist?
Some reasons why Daedalus might not be an option in the future include: 1) Daedalus might not be supported anymore (happens with software all the time) and older versions of Daedalus might be incompatible with the current blockchain; 2) Daedalus resource requirements (CPU/MEM/DISK) are too high for the user; 3) Daedalus not supported on userās personal hardware including the case where a user no longer has a desktop computer, i.e. only has a phone/tablet or similar.
The wallet app is really just an interface to the blockchain. It is interchangeable like web browsers are interchangeable. If you created your forum account with Opera, want to access it in two years, and Opera doesnāt exist anymore, you just use Firefox or Chrome.
Only thing you really have to be careful about are old Byron wallets ā the ones with the Ddz addresses on Daedalus or the Ae2 addresses on Yoroi. Those are not supported in most other wallet apps. And support gets more difficult in the ones that do. I would just move to a Shelley wallet, while it is still painless enough.
(There are some features ā multiple accounts in one wallet ā which are only supported by some of the wallet apps, but they are still supported by enough of them that you have choices. And itās no problem when moving from Daedalus or Yoroi, since they donāt have that, anyway.)
Good explanation, I imagined as much. I still have a question though, if I have staked my ADA through the Deadalus wallet to a pool presented there, am I able to access the staked ADA from other light wallets and reclaim my ADA back? Or do I need the Deadalus App to do so? Itās become heavy to run with my current system and I havenāt updated in about 4 months. But I have little disk space to try and see if I can update my node.
I also wanted to know if I could run the node through a large enough Micro SD or if Iād need to connect an external SSD to run the node.
I already asked the question to Fabian, but you might also be able to answer my questions:
If I have staked my ADA through the Deadalus wallet to a pool presented there, am I able to access the staked ADA from other light wallets and reclaim my ADA back? Or do I need the Deadalus App to do so? Itās become heavy to run with my current system and I havenāt updated in about 4 months. But I have little disk space to try and see if I can update my node.
I also wanted to know if I could run the node through a large enough Micro SD or if Iād need to connect an external SSD to run the node.
Staking is also managed on-chain and you can do it with any wallet app. They all show you the same pool you are delegated to and you can change it with any of them.
And you donāt need to reclaim anything ābackā. The ADA never leave or left your wallet. You can spend them anytime or put more on it.
Staking on Cardano is just a risk-free administrative thing. You tell the network that your whole wallet shall be delegated to a certain pool, but nothing is ever locked (except for 2 ADA deposit).
