Nami is a non-custodial, browser-based wallet extension for interacting with the Cardano blockchain and connecting with DApps. It allows users to send and store multiple assets, delegate ada, and more.
Nami is fully compatible with Lace, but has limited compatibility with others. It does not track all addresses from an imported wallet which leads to only partial asset reflection. Nami uses a single address approach and allows users to create sub-accounts from a single recovery phrase. Migration between wallets is possible, but creating a new wallet for Nami is recommended.
Nami is free to download and use. Some third-party services may charge fees.
Nami allows users to import one recovery phrase and pair multiple hardware wallets. Each wallet has multiple accounts, each functioning independently with a degree of privacy and anonymity. It supports delegation to different pools from each account.
Nami supports delegation to any Cardano stake pool.
In Cardano, phase one validation for transactions ensures verification before network entry. Smart contracts are validated in phase two, with collateral taken for resource usage in case of contract failure. Nami limits collateral to five ada to minimize risks and prevent network spamming.
A private key is a long sequence of digits and letters that uniquely verify ownership of your digital assets. Private keys should only ever be shared with the key's generator or parties authorized to decrypt the data.
Because the private key can be hard to remember, you’ll also get a recovery phrase (also known as a mnemonic or a seed phrase) of 24 words when you first create your wallet. Typically, the longer the word sequence, the less likely someone will be able to guess your recovery phrase.
You use the phrase to recover your wallet and access your assets, so make sure you store it securely. If you are recovering your wallet from another platform on Cardano, you may have a 12 or 15-word recovery phrase.
You will receive your recovery phrase when you first create your wallet. Make sure you keep it in a safe place, preferably written down somewhere offline. Please note that neither IOG nor its affiliates will know or store your recovery phrase. If you lose it, there is no way to recover it and access your digital assets.
If you forget your password, you can only recover your wallet by using your recovery phrase. So make sure you always store your recovery phrase securely offline – write it down and keep it in a secure location.
If you lose your recovery phrase, you lose access to your wallet and your digital assets. That’s why it’s so important that you store it somewhere safe.
No. There’s really no way to recover your wallet if you lose your recovery phrase. This is fundamental to how the blockchain works. You and only you are the owner of your recovery phrase and that is why losing your recovery phrase means losing access to your digital assets. Neither IOG nor its affiliates will know or can restore your recovery phrase, and there's nothing that can be done to help you if you lose it. That’s why it’s of critical importance that you save your recovery phrase in a safe place.
You first need to purchase ada from an exchange and send it to your wallet address – you can find your wallet address by clicking the Receive button.
You can send ada to any Cardano-compatible wallet. Nami includes safeguards to prevent you from sending digital assets to wallets that don’t support Cardano, but it's always a good idea to triple check the address you are sending your digital assets to. A good rule of thumb is that all Cardano addresses start with ‘addr1__’.
Nami lets you switch between networks to test new releases and features, before they’re deployed on the mainnet. You can choose from three testing environments (preview, pre production and the deprecated testnet) and the mainnet environment (production).
Network switching means there are fewer bugs on the mainnet and means everyone enjoys a smoother experience.