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Trezor to Add Support For Cardano ADA on Their Wallet

Trezor to Add Support For Cardano ADA on Their Wallet

In a recent tweet by the IOHK, it has been revealed that Trezor will add support for the Cardano (ADA) token in late October. The original tweet posted by the IOHK reads:

“Cardano $ADA support on @Trezor hardware wallet coming late October.”

Input-Output is the science technology and engineering firm headed by Charles Hoskinson. The announcement was made as a tweet on October 23.

List of Cryptocurrencies to be supported by Trezor Wallet

It has also been mentioned by the IOHK that many more new cryptocurrencies will be added to the Trezor wallet. The complete list of new additions also included some major crypto projects including Monero (XMR), Ripple XRP Token, ZenCash (ZEN), ZCash (ZEC), and Stellar Lumens (XLM).

The new Trezor Model T which is expected to hit the market by October 29 of this month is expected to add:

  •        Monero Support
  •        Ripple Support
  •        Stellar Support
  •        Cardano Support
  •        Groestlcoin Support
  •        Decred Support
  •        Tezos Support
  •        Zencash Support
  •        Zcash sapling hard-fork Support
  •        Implemented Seedless setup

A lot of exchanges have been adding support to the Cardano’s ADA crypto. After all, the project has stood the test of time and has garnered respect from the entire crypto-sphere. Even Google has taken an interest in the project and it wouldn’t be surprising to see Cardano working with them.

Charles Hoskinson, the chief of IOHK has spoken a lot about the ecosystem revolving around his project and stated future plans to develop the Cardano project further. He stated that the team is going to start making and posting videos on several sub-projects under the Cardano protocol. The new phase about to make its way is the Shelley phase. The team wrote: “Shelley is focused on ensuring that key elements are in place so that the technology grows into a fully decentralized and autonomous system.”

Cardano is the first blockchain to be built based on peer-reviewed academic research. This has led to a rather slow start for the team, but it can be inferred that they are working to build a solid foundation.

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