IOHK’s Secure Daedalus Wallet Now Supports Ethereum Classic

February 1, 2018 By: Payment Week

Hong Kong – February 1 – IOHK, the leading blockchain research and development company, has today announced its highly-engineered digital wallet Daedalus has been integrated with Ethereum Classic’s (ETC) command line client Mantis. Through the integration, Daedalus, which supports Cardano’s cryptocurrency Ada, a top 5 cryptocurrency by market cap, will now also support ETC. The Daedalus wallet offers a simple and intuitive interface, maximizing the user experience.

Alan McSherry, Developer for Ethereum Classic, said, “This integration is an exciting development for the continuing evolution of Ethereum Classic. By putting an advanced wallet into the hands of Ethereum Classic users, we’re demonstrating our dedication and commitment to the ETC community and high grade technology. With this integration, we hope to offer the community a simple to use state of the art wallet.”

The Ethereum Classic client, Mantis, was built by a group of developers at IOHK, the Grothendieck team, led by Alan McSherry. The blockchain client is completely new code and is responsible for downloading and keeping an up to date copy of the blockchain. Mantis is built in Scala, a powerful functional programming language which offers security guarantees that other programming languages do not. By integrating Mantis with the Daedalus wallet, ETC users now have an additional wallet option to secure their digital assets.

The Daedalus and Mantis integration involves coupling the technology together such that the Daedalus user interface is a window into the ‘wallets’ controlled by Mantis, allowing users to easily see balances, make transfers, and delete wallets.

Darko Mijić, Daedalus product manager at IOHK, said, “Daedalus was built first for Ada, but now that ETC is integrated and Daedalus has become a multi-asset wallet, IOHK looks forward to welcoming further digital currencies in the near future. Our goal is to develop Daedalus into a universal wallet, blockchain application platform, and app store for use by the global blockchain community.”

Daedalus is built on top of Electron, a highly-tested open source development platform designed to build cross-platform desktop apps using Javascript, HTML, and CSS. The wallet is highly secure and offers spending passwords for protecting private keys and seeds for wallet recovery. In addition, Daedalus users can manage any number of wallets with the hierarchical deterministic wallet implementation, giving users ultimate control over how their funds are organized.

About IOHK:

Founded in 2015 by Charles Hoskinson and Jeremy Wood, IOHK is a technology company committed to using peer-to-peer innovations to provide financial services to the three billion people who don’t have them. An engineering company that builds cryptocurrencies and blockchains for academic institutions, government entities and corporations, IOHK is decentralised and loves small, innovation teams forming and executing ideas that cause disruption.

IOHK is committed to identifying and developing technology to push towards a more fair and transparent order.