Yoroi
Review On: 9 March 2023
Yoroi
Yoroi is an open-source, multi-functional, platform-rich, hierarchical deterministic (HD) and light-wallet extension and mobile app developed by Emurgo (IOG).
Availability
It is available on many devices/endpoints;
Web Browser
Below options are capable as DApp connector & DApp browser;
Chrome
Brave
Edge
Mobile
Mobile applications are only available as DApp browser;
Android
iOS
It is also available in many languages; English, Japanese, Korean, Chinese(Simplified), Chinese(Traditional), Russian, German, French, Dutch, Portuguese, Spanish, Italian, Malay, Turkish, Czech, Slovakian.
Features
Yoroi offers you below options upon launching the app after selecting your language, accepting Terms of Use and Cardano Payment URL preference;
You can create and restore wallets in either Cardano (ADA) or Ergo (ERG, which is exclusive to Yoroi wallet).
Yoroi supports multiple wallets in both networks.
Under "Claim/Transfer" menu, it is possible to transfer ADA earnings from Byron and Shelley-era wallets, with many options depending on which era wallet you are going to use. Byron-era wallets include Legacy Daedalus wallets and Icarus/Yoroi wallets with following options respectively; 12-word, paper and master key of Daedalus wallets, 15-word and Legacy Yoroi paper wallets.
It is possible to connect to dApps with Yoroi and you can see connected apps under extension "Dapp connector" tab
Users don't need to log out of the browser extension Yoroi wallets but they do need to enter a spending password in order to send ADA out of the wallet.
Yoroi wallet does support NFT collection display
Yoroi is Open-Source software developed by Emurgo
Yoroi has a test version called Yoroi Nightly. Even though it is a test version, it operates on mainnet.
Yoroi wallet supports buying ADA.
Yoroi wallet display USD value of assets.
Compatibility
Hardware Wallets (Cold Wallets)
Yoroi can connect to Cardano hardware wallets Ledger and Trezor;
Software Wallets (Hot Wallets)
When creating a new wallet only 15-word phrase is available.
Make sure that you write down new wallet's words in respective order since the app is going to ask them for confirmation
There will be a "spending password" embedded to your extension/app which you will determine. Losing the password only means you won't be able to make transactions on that instance. Deleting the extension/mobile app and restoring with your 15-word recovery phrase will be able to restore your wallet(s).
Multi-signature and multi asset transaction is available.
Yoroi supports restoring wallets with 15-word and 24-word recovery phrases and also paper wallets
For importing Ergo, it supports 12-word, 15-word and 24-word recovery phrases
Staking
"Delegation List" tab in the extension offers extensive pool search ability and delegation is simple enough. It is possible to delegate to different pools with different wallets (multi-delegation).
Voting
Yoroi embraces voting. However, at the time of documentation, we were out of the voting period (and it also requres minimum 500 ADA).
Additional Notes
Security
Private keys of wallets are stored in user's device and not shared with 3rd party servers or Emurgo itself.
Enabling Cardano Payment URLs
You can enable this feature under "Settings > Blockchain";
Logs
You can download logs of your account which excludes sensitive information under "Settings > Support/Logs" with the option of including public key of your wallet in ".log" file format.
Layout
It is possible to change complexity level of the extension interface under "Settings > Level of Complexity"
Privacy
Below details are specifically denoted under Terms of Use, which is good to know
Terms of Use Yoroi will...
Never track your behavior.
Never create profiles with your information.
Never sell your data.
Never run any analytics software or 3rd party trackers. Any server log is kept for at most 2 weeks purely for server troubleshooting purposes.
Contact Us Applet
There is a ZenDesk applet inside Yoroi browser app where you can contact Yoroi team with queries;
Known Issues
Transaction stuck at submitted:
Useful resources
Github Account
Last updated