There are a lot of wallets available in the Cardano ecosystem and we thought it might be helpful to create a summary table on the features.
We’ll keep this updated periodically as new wallets emerge and existing wallets are enhanced.
The majority of these are light wallets which means they rely on a backend service like BlockFrost to query the Cardano blockchain and submit transactions.
It’s worth noting that Daedalus is a full node wallet and therefore takes a long time to synchronise the blockchain from a fresh install, and can still take a few hours if you haven’t used for a long time. The benefit is that you are not reliant on any third party to process transactions or provide data and therefore provides the highest possible level of security and privacy.
To support dApps such as a Decentralised Exchange (DEX), wallets need to support CIP-030 and be able to inject into the browser session. In practice this generally means a Chrome plugin.
Update 6th Sept 2023: A useful guide on choosing a Web 3 wallet has been published on Essential Cardano.