What is Adalite?
Adalite is the type of e-wallet that allows you to access your funds from the Cardano Blockchain and was created by generating some mnemonics (cryptographic set of few words). It supports Trezor and Ledger technologies, which are not supported by any other wallet as such for now. This wallet might be an e-wallet, but it can provide you with so many features that can attract you to the thought of using it. Cardano, on the other hand, was an open-source project that turned into reality and became a live product.
Features of Adalite Wallet
The Adalite Wallet gives you a few features that are not available everywhere and are beneficial to you. So, we have the features listed below for you to go through once before you think of creating a wallet for yourself.
- Protects your funds: The wallet, although protects your Cardano funds as they cannot be handled outside the computer was once started if there is someone who knows how to hack and is an expert, then he or she might be able to hack your mnemonic and misuse it.
- Do not lose the mnemonics: The mnemonics are the key to access your funds’ account, and if you lose it, then you might not be able to reset or recover it as the Adalite Wallet does not store your mnemonics for security purposes. So, it is advised that you do not lose it for your good.
- Considering the use of hardware wallet: Adalite also allows you to access your funds through a hardware wallet that is currently supporting the Trezor model and so it does not leave any mnemonics for anyone who might steal your wallet from you. Keeping your accounts and details safe.
Is Adalite Wallet safe to use?
As discussed above, Adalite Wallet, in all ways, is protecting you from letting your funds account information out to someone who might want to harm you or misuse your details. This wallet in no way stores your mnemonics that might lead to hacking your account. So, yes, it is a safe option for sure. All you need to do is to make sure that you do not lose the mnemonics in any condition, or you will lose your account in one go, and you will not be able to do anything about that.
Use Ledger Nano S with Adalite
Ledger Nano S is a recent technology that is supported by the Adalite and works for the security reasons of your Cardano Blockchain ADA funds account. The top priority of this group is to keep your information secure using the latest technologies. Now it does not matter whether you are using the electronic wallet or the hardware version of the same. In both cases, there is no chance of your information getting stolen even if your account or wallet gets hacked by a hacker, virus, or gets stolen. In all cases, your information is safe, and so you can be stress-free about that and invest in funds with a free mind.