Crypto Hardware Wallets

[NEW] nGRAVE ZERO – 3-Tiered Crypto Hardware Wallet | FIRST LOOK (2020)

What’s going on guys Crypto Renegade here again with another video for you and in today’s video, I have found  another brand new hardware wallet that is coming to us that is not on a lot of people’s radar. So stay tuned, we are doing another first look, hardware wallet review video, I’ll give you my views and my takes and what makes us different from other hardware wallets that are currently on the market or even ones that are even upcoming.

Let’s check out This Ngrave Zero First Look!

So make sure you stay tuned for that before we jump into this wallet, I want to say that I do have a free ebook download that is very in depth called the top five ways to secure your cryptocurrency you can find it on my website BitcoinLockup.com. It’s a giant orange button to download it in the top right corner, you can’t miss it. So go ahead and check it out. It’s completely free. But just wanted to mention that before we jump into the content here.

So in today’s video, we’re going to be looking at what’s called the Ngrave Zero. Now this is a brand new hardware wallet, it doesn’t have a price yet it says on the website. As you can see here, it says pre order now. But when you actually click it, it’s just on the super early early bird waitlist. So there’s no actual way to place an actual pre order, and there’s no way to find out what they’re actually going to be charging.

 

 

But I’ll give you my views as we go through it of what I think they’re going to be charging and kind of what makes this unique and a little bit different. What I’ve really liked lately is that with hardware wallets that are coming out these days are really starting to differentiate if new security details and security features and different ways of implementing the protection of your private keys, which is really interesting to me.

 

 

How Does Ngrave Zero Compare To Other Hardware Wallets?

 

Because back when this all started in the first hardware wallet, the Trezor came out, you know, there wasn’t that many differences between, you know, a Ledger, Trezor, or a KeepKey in terms of the functionality in terms of the security and in terms of the design. But we’re really coming into new territory here where we’re coming into a new wave of technology, and security for these hardware wallets.

So really, really exciting here stuff further ado, let’s go ahead and get started here. So this one is a as you can see in the form factor, it’s a kind of a small touchscreen tablet here. It’s 100% offline. So this is a three tiered system, which I’ll go into in just a second. But basically, this is an all in one solution for a hardware wallet.

I know that on my channel, I go into different solutions in terms of protecting your private keys. One being a hardware wallet, another being a metal recovery seed backup, to protect your recovery seed, if you ever lose your hardware wallet, that you have a safe way to implement it and restore your funds and restore your private keys.

And then there’s also software wallets, which is sort of like having a wallet in your back pocket with Fiat, which is typically used for day to day transactions. And it’s not meant for long term storage, it’s not meant for savings or anything like that.

You keep that on a software wallet that you will ultimately spend on a day to day basis, maybe a couple hundred dollars or whatever is comfortable for you. But in this case, they’ve kind of implemented an all in one solution, which is really, really nice. I haven’t seen that yet on any hardware wallets, you know, people like Trezor and Ledger, they sell bundle packs with metal recovery seed backup solutions that they can go ahead and bundle and sell it with. But in this they’re coming with an all in one solution. So I assume it’s going to be priced appropriately.

So with this Ngrave Zero here, they’re calling it the coldest wallet, okay. And there’s a reason that they’re that they’re touting that and that it’s going to be, you know, considered the coldest versus any other type of hardware wallet here. So this is a QR code based device, meaning there is going to be an app integrated with it. And I’ll get into that in just a second.

 

 

How Secure Is Ngrave Zero?

 

But there’s an app here, similar to the functionality of the Cobo Vault, similar to the functionality of the Ellipal Titan, and things like that, where you utilize the device to take pictures, and authorize transactions by scanning the QR codes and signing them. So it’s completely offline no Bluetooth, no USB, no cellular no Wi Fi, no other connection is completely off the grid, which is extremely nice. On this, it’s going to give you the three all in one solution wallet that I was talking about here.

I mean, it looks like it’s gonna have a decent sized touchscreen, which again, I’ve gone over in other videos and mentioned how important it is when you’re dealing with hardware wallets on a regular basis. Having a larger screen to scan QR codes to navigate to us is extremely helpful and very user friendly. Not to mention, it’s safer because it displays the Full Wallet address for you to confirm.

When you’re dealing with ledger, ledger devices or sometimes even Trezor devices, you’re going to see that it’s hard to read and verify the wallet address before you authorize and sign the transaction. So you know, again, having a larger screen makes a huge night and day difference in terms of security as well as functionality.

So what they’ve come up with here is a different kind of metal recovery seed backup. It’s complete, accidental decimal system here where it’s basically two parts. As you can see in the screen here, it has sort of a template that you overlay on top of the sheet here. And you basically line up your recovery seed phrase with the first four letters and is translated into numbers.

 

 

Okay, so what’s really, really interesting with this here is that you have the plate that where you can use the tool to puncture holes, and then you have the actual plate behind it, that’s embedded as well. And you keep these separate, because you can’t use one without the other. As you can see, the other one just has random holes placed all over it, as you can see in the background. And then there’s this sheet that goes over it, that’s the template.

 

 

What Is included in the Ngrave Zero Three-Tiered Crypto Solution?

 

That’s where you actually engrave your recovery seed phrase. So this gives you an extra layer of security, you basically keep the template in one location, you keep the actual metal plate location, and they only work when you put them together.

So you obviously need the template to line up the letters and line up the numbers so that you can decode your private key something that is somewhat similar to the CryptoTag Zeus, in effect that you know, you have to puncture different letters and numbers to sort of decode it. But this is the first solution where it actually overlays in a requires two pieces of the puzzle to actually make it work period.

So that’s really interesting to me. And I think it’s a really innovative approach here. So the engrave zero, that’s what they’re calling the actual physical hardware wallet device that you see here.

It comes with a state of the art security chips, true random number generator, anti tampering, it’s basically a very secure device. And ultimately, it’s it’s built in a way where it’s very hard to disassemble, and going through and trying to extract any sort of private keys, the metal solution that we just talked about is called the Ngrave Graphene or Metal recovery seed backup that we talked about made out of stainless steel plates.

You can use that to restore your private key if the hardware wallet device is ever compromised, lost, stolen, anything like that. And it’s designed, as I mentioned, to hold the template, or the sheet where here where you actually engrave it, and then the actual metal sheet in two different locations for added security.

The third solution here in this the three tier solution is the Ngrave Liquid. This is again, this is the mobile app where you actually manage sign the QR codes manage balances. Again, this is similar in effect to the Ellipal Titan, but this is where you’ll manage all your funds, your portfolio, your transactions, this is where you’ll sign on the device on the hardware wallet device itself and vice versa, to be able to send and receive transactions we just sent.

 

 

You know just signing the transactions when you do it, you can obviously receive on any QR code that you want. So you know, this is an interesting three tier system. That’s all in one, you know, I’ve always wondered why all these companies are so different. And we need all of these different solutions. You know, it’s sort of fragmented, and we need all these different solutions to really be secure.

So this is really the first company that I’ve seen that is offering a full all in one solution for metal recovery seed backup, having a mobile app dedicated for it, as well as a hardware wallet device, you know, you’ll see sometimes two out of three, but never three out of three, like I’m seeing here. So this is extremely interesting. The Ngrave Zero device itself has a really nice camera. As you can see the form factor looks different and interesting bar.

 

 

As I mentioned before, there’s no USBs there’s no networks, it’s completely air gapped. Similar to those other devices. It has the one way QR code communication, which is the safest way to do it. And then offline defenses. Again, this is where the graphene and the metal recovery seed come in.

And just sort of having those different layers of security make it not only easier to use but also more secure for you and your private keys when you’re in possession of them. So this also boasts the most advanced key generation process in the world you know, they have a state-of-the-art TRNG or true random number generator chip allows you to make sure that your private keys are generated in a secure manner.

This also does have a fingerprint sensor. So there is biometric data. This is now the third biometric hardware wallet that I’ve seen today only one of which has made it to market and that’s called the D’CENT Wallet. And if you’re interested in that, I’ll link that down below with a very special discount in partnership with my website Bitcoin in lockup calm, it also has light technology implemented.

 

 

So there’s different photon measurements of ambient light that are one of the best enhancers of randomness and strength of your secret key, which is really interesting. Haven’t heard of that before. And then the interaction here, like I mentioned, again, not to beat it with a dead horse, but it is completely offline, which in my opinion, is the most secure way to do it instead of a USB Bluetooth things like that.

You’re going to see what other different hardware wallets you know, I don’t have a referral code or anything for this because there’s just so new, you can come to the website and grave.io and that will actually allow you to join the early bird list and get the best discounts you know if this is something that you’re interested in, as far as the coin support and as far as the actual price of the device, I’m only speculating at this point, they do give a how we compare kind of white paper that goes over the different comparisons between Ledger, Trezor, KeepKey, that kind of a thing.

But I wanted to say here that as far as the price of this device, because it’s an all in one solution, my best guess is this is going to be anywhere between, I would say $250 and $350. us, which is probably pretty fair for the for the amount of security and the amount of quality that you’re getting for all of these solutions built into one. So this is extremely interesting. If that is going to be the price point.

Again, I have no basis for that. I’m just guessing based on the current market right now and similar and comparable products, to kind of give you an idea of what this could cause in terms of the coins support.

 

 

They haven’t announced anything almost guarantee you that you’re going to have obviously all of your basic coins are going to have all your ERC 20 tokens, your top market cap coins, your Bitcoin, your Ethereum, your Litecoin, your Bitcoin Cash, your Stellar things of that nature. So ultimately, I don’t have a full point this I will come and do another follow up video once we get more information on this. But I’m assuming it’s going to have all your basic coins, you know, hundreds, if not thousands of ERC 20 tokens, and we’ll see if there’s any unique coins that are going to be supported by this device as time goes on.

 

 

Ngrave Zero: Conclusion

 

So I’m really excited to see how this turns out. Again, this is a really interesting all in one solution. And I’m going to be keeping my eye out on it and be reaching out to the founders to see if I can get a demo of the device and do an unboxing video for you.

I’m gonna go ahead and wrap that up here. If you found any value or you found this interesting in any way, please go ahead and subscribe and leave a comment down below. If you’ve come across or even heard of this hardware wall. Go ahead and comment and let me know where do you found it. I’m very interested to hear about that. I mean I dig and find these things on a regular basis.

So if you’ve already heard about it, you know through a press release or through media or anything like that I’d be interested to hear and then again, if you’re brand new to the channel, I would appreciate if you subscribe if you do like hardware wallet videos, protecting your private keys, ways to earn free Bitcoin and to just implement yourself in a really solid foundation into the crypto ecosystem. I do believe it’s the future, then go ahead and subscribe. I’m going to go ahead and wrap this up here.

 

What do you think? Is this a hardware wallet you would buy when its available? Let me know in the comments below!

 

 

Cheers,

 

The Crypto Renegade

 

NOTE: This post may contain affiliate links. This adds no cost to you but it helps me focus on giving as much value as possible in every single post by being compensated for recommending products that help people succeed.

Tezos Ledger Nano X: Why I Stake My Tezos On My Ledger Nano X (2020)

In this review, we are going to see the SAFEST way to store your tezos ledger nano x, simulatenously! Tezos is self-amending, meaning that it does not need to go through regular hard forks in order to be upgraded. Even when hard forks are agreed upon by an entire network, they can create a lot of work for developers and node operators. Tezos has a more seamless upgrade process that does not involve regularly forking the blockchain. That said, it is possible for part of the network to decide to fork Tezos indeed, this has already happened during the initial KYC controversy.

The Tezos coin (XTZ) can be obtained through a number of prominent exchanges, including Kraken and Binance. Each exchange has different trading pairs, meaning that you can purchase XTZ by spending ETH, BTC, Tether, or fiat currency.

Traditional proof-of-stake, which is used in Ethereum’s upcoming Casper protocol, allows node operators to lock up their own tokens for a chance to validate blocks and earn token rewards. This system allows an unlimited number of nodes to vie for control over block validation, and the fact that countless stakers can exist makes the model highly decentralized. Unfortunately, staking is too expensive for many basic users: even if Ethereum lowers the minimum staking amount to 32 ETH, staking will still require thousands of dollars.

 

 

Meanwhile, delegated proof-of-stake (DPoS) allows users to stake their tokens in order to vote for a limited number of block producers. EOS, for example, elects only 21 block producers, all of whom are large organizations that must dedicate massive amounts of computing power. This model has come under fire for centralizing power in the hands of a few block producers.

However, delegation and voting make it possible for less wealthy users to have an indirect say over the course of the blockchain. Tezos combines these two models with its unique liquid proof-of-stake mechanism. This model allows up to 80,000 block validators or bakers to accept delegated tokens. Bakers must hold 10,000 XTZ, which is, again, thousands of dollars.

However, Tezos also allows users with smaller holdings to delegate their tokens to bakers and receive rewards in return. In other words, liquid proof-of-stake permits users to either become a full-fledged block validator or merely delegate tokens to validators. The following infographic gets into some of the specifics of the baking process, which involves unique features like a “quality assurance team” and a “bonding” or “cooldown” phase: Just like Ethereum and EOS, Tezos supports smart contracts, which are blockchain programs that can execute automatic transactions.

 

 

Tezos Ledger Nano X: How Do I Stake My Tezos On My Ledger Nano X?

 

 

Staking with Tezos (XTZ) – Earn money while holding crypto assets | Ledger Staking is the process of holding funds in a cryptocurrency wallet to support the operations of a blockchain network and, in return, holders are rewarded for their contribution. This can be compared to earning interest in a traditional bank. Tezos is a multi-purpose blockchain which uses a Proof-of-Stake protocol to secure its network. Token holders can delegate their accounts to a validator, who will be in charge of securing the network on their behalf.

 

 

Tezos Ledger Nano X: How Do I Set Up Baking Tezos On My Ledger Nano X?

 

 

The user may then earn the rewards generated minus validator’s fees. Discover Ledger Live When staking, you can earn a passive income by participating in the Tezos network via delegation. The current annual yield on Tezos is around 6%, minus a validator’s fees. You can use Staking Reward’s calculator to estimate your monthly earnings.

When you first start delegating, it will take roughly five weeks for you to receive your first rewards from your validator. After this, you can expect rewards about every 3 days. In Tezos, the current consensus mechanism is known as Liquid Proof-of-Stake (LPoS).

Token holders can delegate their validation rights to other token holders (called validators) without transferring ownership of their tokens. Contrary to other DPoS protocol, in Tezos you delegate your whole account. When delegating, your XTZ are completely liquid. You are free to move your tokens anytime as there are no freezing periods when delegating to a validator. There are no direct risks of delegating XTZ. The only risk you take is not earning the potential rewards.

 

 

How Can I Earn Passive Income With Tezos?

 

 

Carefully choose your validator to ensure quality of service and rewards. Select the Tezos account you want to delegate in Ledger Live Choose your validator (baker) by comparing estimated reward rate Verify and confirm delegation information on your Ledger hardware wallet Tezos token holders who are not interested in being a baker themselves can delegate their tokens to a validator to bake on their behalf.

When performing a delegation operation, you only send your baking rights to a validator: your XTZ stay on your wallet and remain yours. As you retain ownership of your assets, you can keep your XTZ on your hardware wallet while staking via delegation. This is the best way to keep your assets safe.

You can bake on your own by setting up a node and having at least 8.000 XTZ (8.000 XTZ is called a “roll”). Baking yourself requires you to run a Tezos node, a baker & endorser client. You should have a reliable Internet connection and high-availability servers. The more delegated funds a baker receives, the greater the chance it has to produce blocks and earn rewards.

 

 

Tezos Ledger Nano X: Final Verdict

 

Overall, this article gives you a high level view of how Tezos works and how you can make money by “baking” your coins to help validate transactions on the network. You can spend a lot more money and become a “baker”, however that is out of reach for most people. This is why I use my Ledger Nano X to earn passive income, WHILE keeping my private keys safe and in my possession.

Don’t be fooled and believe that you can only do this on an exchange. That is the WORST way to do this, as you are making the money, and letting them keep possession of your keys. It’s easy to setup and you don’t need ANY technical knowledge to do this. In the video above, it explains how I easily did this and how you can too.

If you own and believe in the Tezos Project, there is no reason why you should not be earning passive income while doing so, in the safest way possible. What are you waiting for? Get a Ledger Nano X now so you can safely stake your rewards and not risk leaving your private keys on on an exchange or hot wallet, where you are at risk!

 

Card Wallet Review (2020) | Coinfinity’s COLDEST Version Of A Hardware Wallet!

In this Card Wallet Review, I am going to dive into why this wallet if built for the coldest of cold who like to HODL!

Outside of exchanges, few cryptocurrency markets are as thriving as safekeeping. At this stage in Bitcoin’s life expectancy, trading crypto as well as keeping crypto appear to be the most prominent use situations for crypto –– in that order. Consequently, a flourishing aftermarket for crypto storage services has sprung up, both custodial as well as non-custodial, hot and cold, on the internet as well as offline.

Card Wallet from Coinfinity is the most recent product to go into the fray, offering a protected method for keeping BTC as well as ETH offline.

As the risks of keeping funds on the internet in custodial purses as well as exchanges have been highlighted with a wide variety of hacks as well as departure frauds, the freezer company has grown. From hardware purses looking like elegant thumb drives to gadgets disguised as calculators as well as charge card, the variety of methods to self-custody digital possessions seems unlimited.

 

 

So, What Is Card Wallet?

 

The just named Card Wallet by Coinfinity does precisely what it sounds like. On the surface, this plastic card appears like an incredibly low-tech method to store bitcoin core or ether, however its unprepossessing exterior is misleading. Peer a little closer at the credit scores card-shaped wallet as well as you’ll discover some fascinating details. There are all type of anti-counterfeiting steps at play on the Card Wallet’s service, including microprinting as well as constant color gradient methods, providing it a look much more similar to money.

The banknote-based style makes sense once you discover that Coinfinity –– Austria’s first Bitcoin business — developed this device in conjunction with the Austrian State Printing House. They’re best known for printing passports, a skill they’ve refined over the course of 200 years, and thus know a thing or two about anti-counterfeiting. The notion of forgery sounds strange in a crypto context.

 

 

After all, bitcoins are impossible to falsify. The reason why the Austrian State Printing House has gone to town on the anti-forgery techniques they’ve used is to prevent fake cards from entering circulation and to provide guarantees that the private key, which was generated offline, remains offline. The private key for the cryptocurrency address printed on the card is concealed beneath a hologram on the back. It’s accompanied by a warning not to scratch this area –– not even a little, just to test it –– as to do so would be to risk the security of your funds.

The Card Wallet is basically a modern version of the Casascius physical bitcoins that have become collector’s items today. The code printed beneath the Card Wallet’s seal can be thought of as Schrödingers key: until the moment it is observed through scratching off the protective covering, it effectively doesn’t exist. The manufacturer has no record of it.

As a result, you can send funds to the address printed on the front of the card, but you can’t retrieve them until you reveal that seal, and doing so will essentially penalize you to the tune of the $67 the Card Wallet retails for. Think of it as an extremely high BTC network fee, and use it as an incentive not to dip into the funds stored on the card, save for an emergency.

Of course, technically nothing is stored on the card: it simply holds the secret code needed to send the bitcoin from the address in which it is currently locked on the BTC network to a new address on the network. To all intents and purposes, though, Card Wallet might as well physically hold those coins, since without it to hand, you’ll never be able to move those coins again.

 

 

How Is Card Wallet Different Than A Normal Hardware Wallet Like Trezor Or Ledger?

 

 

Unlike a hardware wallet, there’s nothing to power up or plug in here, but that doesn’t mean that testing the Card Wallet is an entirely analog experience. There is, after all, the QR code printed on the wallet, which, when scanned, reads the BTC address printed along the center. In testing, I scan the code using the Bitcoin.com Wallet and am prompted to select the amount of BTC I wish to send.

 

 

When I drag the slider, the funds are released and that’s it: the first satoshis prepare to wing their way to my Card Wallet. When the time comes to move or sell that bitcoin, I will remove the security seal and import the private key that’s revealed underneath into a noncustodial wallet such as Electrum.

In theory, you could continue to use the wallet address securely, even with the seal scratched off, provided you destroyed the exposed private key. There would be little advantage to doing so, however, and it makes sense to view the wallet as compromised once the key has been revealed.

 

 

Is The Card Wallet Secure?

 

On the reverse of the card, there’s another QR code that can be scanned, marked Chainlockcode (CLC). This requires installation of a dedicated mobile app, which will display the balance of the card –– and of any other Card Wallets you wish to integrate into it –– allowing you to manage all your cards within one app without revealing their private keys.

Most people are unlikely to need this, since typing the wallet address into a block explorer achieves the same result, but if you’re a serial Card Wallet collector, it might prove useful While Coinfinity doesn’t support BCH at this time, bitcoin cash holders have the option of generating their own paper wallets, which can be printed at home.

 

 

Card Wallet: Final Verdict

 

This theoretically provides the same security guarantees, and with the wallet folded and sealed correctly, it is effectively tamper-proof, albeit without the same allure as Card Wallet’s impressive shiny hologram. Cold storing cryptocurrency isn’t about showing off, however, and the winning wallet is the one that keeps your funds the safest. Some bitcoiners will balk at paying $67, in the Card Wallet, for a cold storage solution they could roughly replicate at home for the cost of a sheet of printer paper.

Others will appreciate the imperviousness of the Coinfinity card, its convenient credit card shape, and its superior tamper-proof seal. As such, its value is really in the eyes of the beholder. For the same price you could pick up a basic hardware wallet, which will allow you to send, receive, and store a range of cryptocurrencies.

That said, there’s something magical about the seal on the Coinfinity that challenges you not to sully it, but rather to sporadically send funds to it, building up your nest egg over time.

 

 

What are your thoughts on Coinfinity’s Card Wallet– would you use it? Let us know in the comments section below.

 

Cheers,

 

 

The Crypto Renegade

Sugi Card Review (2020) | New NFC Hardware Wallet Contender?

What Is The Sugi Card?

 

The Sugi wallet is a new type of hardware wallet developed by European fintech company, Sofitto, by the former technical lead of the Mycelium wallet. This is a unique wallet designed for crypto storage, as it is a near field communication (NFC) card hardware wallet protected by a PIN. Like other hardware wallets, the private keys are always kept on the device which lacks any kind on internet connectivity to ensure its security against hacking attempts.

But Sugi allows you to spend and deposit crypto just as easy as you were using a bank card. But unlike other bank cards, Sugi does not have access to your funds in any way. Sugi supports the following cryptos: Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), Bitcoin Cash (BCH), Litecoin (LTC) and ERC20-based tokens.

 

 

How Much Does The Sugi Card Cost?

 

The company has revealed that it intends to add more cryptocurrencies to the list in the near future. Sugi also mentioned that it plans to incorporate fiat currency functionality by establishing partnerships with banks in Europe. Appearance: The Sugi wallet looks just a regular payment card which has the wallet’s logo imprinted on it. System compatibility The card only works with mobile devices that have the Sugi App installed.

The app is compatible with iOS and Android systems. The Sugi Card wallet is available for purchase in three plans. The Newbie plan enables you to buy the Sugi Card for EUR 59,90. The Pro plan offers ONE Sugi Card which can be personalized by embossing a chosen name or nickname, and it comes at the price of EUR 69,90.

The Expert plan offers two customized Sugi Cards for EUR 119,90.

 

 

How Does the Sugi Wallet Work?

 

 

The card is used in tandem with the Sugi mobile app, in order to authenticate payments when you tap the card on your mobile device.From this perspective, it is more advantageous than a regular USB hardware wallet, which requires a PC or laptop to be plugged into. And seeing that most of us keep their phones near at all times, it is a convenient way of verifying and managing crypto funds on the go.Its design makes it very easy to use for anyone. Unlike other cards that require a complex and lengthy setup, with Sugi you just need to know how to tap a card and you’re done.

 

Making payments using the Sugi card In order to make a payment, you have to follow the steps presented below:

 

  1. Open the app.
  2. Enter your Sugi PIN.
  3. Tap the card to your phone.
  4. Adding cryptocurrency to Sugi wallet to deposit cryptocurrencies into your wallet, you first send them to the Sugi mobile wallet app like any other mobile wallet.
  5. To view your Sugi address, access the app.

 

How does It compare to the competition? Let’s check it out below!

 

 

How safe is Sugi wallet? Sugi implements top notch security which is on par with other hardware wallets, being more secure than a regular mobile wallet.

 

 

Who Makes The Sugi Card?

 

 

Behind its development are several members from the Mycelium team, a secure bitcoin wallet that was created by the most experienced developers in the cryptocurrency industry, which have been activating since 2009. The keys are stored offline in the PIN-protected card. To make transactions you will need to have both the card and the app. The wallet complies to the highest security standards in the European Union (ISO/IEC 14443). Sugi cards also generate a backup phrase that can be used to restore access to funds if the card is lost or damaged.

 

 

The wallet does not actually have access to your funds or keys, but recovers them through a secret sharing scheme.A secret sharing scheme is a system that breaks down information and divides it to multiple parties in a manner in which no single party can access the funds without having all the keys. Summary The Sugi card is an extremely easy to use crypto wallet that incorporates NFC to communicate with your mobile device. It combines the robust security of a hardware wallet with the convenience of a mobile wallet, making it perfect for traders that are always on the go but are worried about security.

 

Sugi Card Review: Final Verdict

 

The Sugi Hardware Wallet is an extremely easy to use crypto wallet that incorporates NFC to communicate with your mobile device. It combines the robust security of a hardware wallet with the convenience of a mobile wallet, making it perfect for traders that are always on the go but are worried about security.

PROS: The only NFC card as a hardware wallet Transactions are authenticated just by tapping the card on the phone In-store payments and ATM withdrawals will be among the future implementations Will feature both fiat and cryptocurrency payments Cards can be customized Lower price compared to other hardware competitors

CONS: While it is less expensive than other wallets, it still is $60 dollars Can be used only on mobile apps, although fiat functionality is not yes incorporated.

 

 

What do you think? Are you going to try the Sugi Card to secure your crypto? Let us know down in the comments below!

 

Cheers,

 

The Crypto Renegade

 

NOTE: This post may contain affiliate links. This adds no cost to you but it helps me focus on giving as much value as possible in every single post by being compensated for recommending products that help people succeed.

Ellipal Titan vs D’CENT (2020) | Which Wireless Hardware Wallet Is More Secure?

Ellipal Titan vs D’CENT! In this comparison, we are going to do a head-to-head of two of the most competitive and popular new cryptocurrency hardware wallets in this edition of the hardware wallet roundups.

I am going to dive into which of these hardware wallets is better and more secure. How big is your portfolio? Do you need mobile AND desktop support? Do you use any 3rd party wallets for integration? Do you need web-based access instead of a required download? 

These are all questions you will need to consider when deciding which of these wallets will be best for you. At the end of the day, the coin support is one of the most important factors (besides security) when deciding which hardware wallet is best for you. 

Ultimately, if it doesn’t support the coins you want to store offline, it won’t work for your particular situation. So keep that in mind as we dive into what I consider to be the most important factors when making such an important decision, such as choosing a cryptocurrency hardware wallet.

 

Ellipal Titan: Overview

 

This is a really unique device and has a very robust form factor that has ratings that rival that of some high-end smartphones. What separates this hardware wallet from the majority of other popular wallets is its communication method. So, what do I mean by that? This device has NO: USB Connection, NFC Connection, WiFi Connection, Bluetooth Connection, or Cellular Connection. So, how do you use it? The short answer is: QR Codes.

 

 

Ellipal Titan: Security

 

 

This is a 100% air-gapped device, so ultimately it is more secure than any other way to interact with a hardware wallet. Period. The device has a tamper-resistant enclosure that includes a self-destruct mechanism for any potential way to access the internals of the device. 

It is built in such a way that if anyone tries to break the screen or drill a hole through the device in an attempt to open its internal layout, the private keys will be erased. This is extremely powerful and will ultimately deter people from trying to hack this completely wireless device.

 

 

Ellipal Titan: User Experience (UX)

 

 

This hardware wallet has a camera, a 4-inch full color display, and does not display any balances on the device itself. The portfolio management and execution of the device is managed via a companion iOS and Android app that is used to initiate transactions and allows you to utilize the camera from your smartphone to transfer funds securely to the cold wallet, and vice versa.

I have been using this device for several weeks now, and in my personal opinion, it has been super easy to use and also very secure. I like knowing that my device is essentially indestructible and does not require any other 3rd party connection in order for it to function. This not only makes it very convenient, but it also very secure and eliminates room for error when typing or copying pasting wallet addresses that you are trying to transact with.

 

Ellipal Titan: Coin Support

 

 

This is always the section I check the most when reviewing hardware wallets, because although functionality and security are important, none of that matters unless it supports the coins you want to store offline. So here is the current list of supported coins and the one that are currently in development listed in the above picture.

 

 

D’CENT: Overview

 

 

The D’CENT is a mobile and bluetooth connected wireless hardware wallet device. With additional biometric security and the ease of use, this is a contender for the easiest to use mobile and wireless wallet. So how is it different than Ledger Nano X or other bluetooth devices? The Biometric security is a large differentiator here. It’s super convenient and makes it easy to sign and authenticate transactions on the go.

This means if you want to move your crypto from cold storage to a hot wallet, it can be done quickly and easily. A common scenario here would be if you are trying to pay a friend or you’re shopping and want to pay for a product in store very seamlessly. Let’s take a look at the security, features, and price below to go into a little more detail.

 

 

D’CENT: Security

 

 

The flagship feature of D’CENT is hands down the biometric security feature of the fingerprint sensor. There are some other hardware wallets that communicate with mobile, and can utilize Face ID or Touch ID for extra authentication with their mobile app, but this gives your authentication on the physical device as well. This is a unique and very secure feature that is not used by any other hardware wallet currently on the market.

The hardware wallet features a built-in fingerprint scanner that manages access to the hardware wallet. This security process improves the convenience for the users and enhances the security during access control. It also provides the wallet with fast transaction signing.

 

  • Multi-IC architecture design
  • Bank grade EAL 5+ Secure Element (This is the same security chip used in the Ledger Nano X)
  • Secure OS embedded on microprocessor

 

 

D’CENT: User Experience (UX)

 

 

One of the main features I like here is the option to generate a valid QR code on the large OLED screen of this device as a way to send funds directly from your smartphone to your D’CENT wallet. This is super convenient and truly makes this a wireless and independent device that can be used on the go via the D’CENT app, which also includes a market price section and of course all of your wallets and current fiat amount stored within each one.

What’s also nice is you no longer need to backup and restore this device for firmware upgrades like you do with other devices (although you can, since this device can also support bluetooth and USB connectivity if you choose). This makes this a very convenient choice when considering the ease of use and security when choosing how to secure your private keys.

 

 

D’CENT: Coin Support

 

The coin support is varied. The D’CENT can store and support: Bitcoin, Ethereum, ERC20 tokens, RSK, RRC20 (RSK tokens), Ripple (XRP), and MONACOIN. To many, this may not seem like it is very much, however, a majority of the major tokens are ERC-20 tokens and all can be supported natively on this device, which is good. I have not come across a hardware wallet yet that supports RSK and RRC20 tokens yet natively, so that definitely makes this an exclusive hardware wallet first for the D’CENT wallet!

 

 

Ellipal Titan vs D’CENT: Conclusion

 

Overall, these are two very unique wallets, even though they are both wireless. On the one hand, the D’CENT wallet is cheaper (with my current discount of $106) and has a biometric authentication via fingerprint sensor. This is extremely compelling.

On the other hand, the Ellipal Titan is completely air gapped and is transmitted through scanning QR codes on the device camera and allows for multi-factor authentication. Both are unique in my opinion and have different selling points.

At the end of the day, you need to ask yourself what coins you need to store offline, and if you prefer a large or smaller device. They are both secure in their own unique ways, but I would have to still go in favor of the ELLIPAL TITAN

You can’t beat the air-gapped security, and the user experience is much better on a larger screen, which also makes it easier to navigate and use on a regular basis. Although, if there was an under screen fingerprint sensor on future hardware wallet, that was also air-gapped and transmitted through QR codes, that would be a home run.

 

 

What do you think? Would you choose the BC VAULT over the D’CENT Wallet? Let us know down below in the comments!

 

Cheers,

 

The Crypto Renegade

 

NOTE: This post may contain affiliate links. This adds no cost to you but it helps me focus on giving as much value as possible in every single post by being compensated for recommending products that help people succeed.

Ellipal Titan vs BC VAULT (2020) | 2 Best Hardware Wallets Out Right Now?

Ellipal Titan vs BC VAULT! In this comparison, we are going to do a head-to-head of two of the most competitive and popular new cryptocurrency hardware wallets in this edition of the hardware wallet roundups.

I am going to dive into which of these hardware wallets is better and more secure. How big is your portfolio? Do you need mobile AND desktop support? Do you use any 3rd party wallets for integration? Do you need web-based access instead of a required download? 

These are all questions you will need to consider when deciding which of these wallets will be best for you. At the end of the day, the coin support is one of the most important factors (besides security) when deciding which hardware wallet is best for you. 

Ultimately, if it doesn’t support the coins you want to store offline, it won’t work for your particular situation. So keep that in mind as we dive into what I consider to be the most important factors when making such an important decision, such as choosing a cryptocurrency hardware wallet.

 

Ellipal Titan: Overview

 

This is a really unique device and has a very robust form factor that has ratings that rival that of some high-end smartphones. What separates this hardware wallet from the majority of other popular wallets is it’s communication method. So, what do I mean by that? This device has NO: USB Connection, NFC Connection, WiFi Connection, Bluetooth Connection, or Cellular Connection. So, how do you use it? The short answer is: QR Codes.

 

Ellipal Titan: Security

 

 

This is a 100% air-gapped device, so ultimately it is more secure than any other way to interact with a hardware wallet. Period. The device has a tamper-resistant enclosure that includes a self-destruct mechanism for any potential way to access the internals of the device. 

It is built in such a way that if anyone tries to break the screen or drill a hole through the device in an attempt to open its internal layout, the private keys will be erased. This is extremely powerful and will ultimately deter people from trying to hack this completely wireless device.

Ellipal Titan: User Experience (UX)

 

This hardware wallet has a camera, a 4-inch full color display, and does not display any balances on the device itself. The portfolio management and execution of the device is managed via a companion iOS and Android app that is used to initiate transactions and allows you to utilize the camera from your smartphone to transfer funds securely to the cold wallet, and vice versa.

I have been using this device for several weeks now, and in my personal opinion, it has been super easy to use and also very secure. I like knowing that my device is essentially indestructible and does not require any other 3rd party connection in order for it to function. This not only makes it very convenient, but it also very secure and eliminates room for error when typing or copying pasting wallet addresses that you are trying to transact with.

 

Ellipal Titan: Coin Support

 

 

This is always the section I check the most when reviewing hardware wallets, because although functionality and security are important, none of that matters unless it supports the coins you want to store offline. So here is the current list of supported coins and the one that are currently in development listed in the below picture.

BC VAULT: Overview

 

Unlike most other popular cryptocurrency hardware wallets, like Ledger Nano X and Trezor Model T, you do not set up a recovery seed card before you initialize the device. In fact, there is a gyro sensor for you to randomly generate private keys by physically shaking the device (seriously).

You can also hold more than 2000 unique wallets within the web app, and can granularly set specific passwords for each one and setup multiple PIN’s to not only make it more secure, but also allows for an easy way to share the device and use Multi-Sig. In fact, this is the first device that natively allows you to use Multi-Sig on a per wallet basis and set multiple PIN’s.

This wallet does not use HD wallets, so each wallet has its own unique backup. This does make it more secure, however, if you lose or forget the global PIN and global password for the device, your funds are locked inside forever. They do have an encrypted QR code backup for each individual wallet, or you can create a backup on the included micro SD card that comes in the box.

 

BC VAULT: Security

 

 

The storage is reliable. The BC Vault’s private keys have complete encryption and they are stored in the FRAM device. The FRAM is fully tamper-resistant and thanks to the reversible USB 3.0 Type-C connector any damage occurring from mechanical error is fully prevented.

In addition to the secure FeRAM that is securely encrypted, and the large display which is useful when confirming transactions, you have peace of mind not having to worry about anyone locating or using a recovery seed phrase to render your funds useless.

You can also import any private keys you have elsewhere via the SD card as well, so you can easily interchange private keys from other wallets if you have them in the correct format.

BC VAULT: User Experience (UX)

 

 

This wallet has some pretty unique features I will admit, and it’s pretty refreshing. For example, you can use multiple cryptocurrencies at once. There are no “apps” you need to install or fear or worry of running out of space that most wallets have when upgrading the firmware.

Additionally, the amount of coins and wallets that can be used/stored simultaneously is astounding. As mentioned above, you can have up to 2000 unique wallets and can interchange multiple cryptos in multiple wallets.

 

BC VAULT: Coin Support

 

This is usually one of the most important factors when deciding on a hardware wallet (with the exception of security). If the wallet doesn’t currently support the coins you need to store offline, you can’t really take it too seriously as a deciding factor for purchase. Regardless of whether or not they claim to add more coins in the future.

 Needless to say, they have some unique choices for coin support HERE.

 

 

Ellipal Titan vs BC VAULT: Conclusion

 

This is a really close call. Each of these wallets have some unique features that I use for different use cases. When it comes to the BC VAULT, I can securely share this wallet with multiple people and it’s honestly the best user experience when it comes to multi-sig on a hardware wallet. Period.

When it comes to the Ellipal Titan, the completely wireless and air-gapped security is extremely compelling. It makes it very easy to use on the go, and not be tethered to a computer. The ease of use and over user experience is much improved from the last iteration of this product and I personally have been using this for long term “hodling” lately, and as a single user with no need for multi-sig on this type of device, it’s been extremely pleasant to use.

At the end of the day, these are really built for two different use cases (in my opinion), but both have great coin support and have very unique security features that set them apart from the rest of the pack. 

If I could only choose one and I didn’t specifically need multi-sig for a specific reason, I would go with the ELLIPAL TITAN. I’ve used almost every single hardware wallet on the market and the ease of use and peace of mind is enough to make me feel secure and makes it easy to send your private keys offline. You really can’t go wrong with ANY of these wallets, but just think about how you want to manage your crypto assets on a regular basis.

 

 

What do you think? Would you choose the BC VAULT over the D’CENT Wallet? Let us know down below in the comments!

 

Cheers,

 

The Crypto Renegade

 

NOTE: This post may contain affiliate links. This adds no cost to you but it helps me focus on giving as much value as possible in every single post by being compensated for recommending products that help people succeed.

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