Tuesday, 18 June 2024
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Worldwide hardware wallet with the highest rating

  • Web3 security startup Cypherock has received an amazing rating of 4.8/5 from Coin Bureau.
  • Cypherock is committed to giving people unparalleled control over their digital assets.
  • Cypherock has built a single software that allows users to manage portfolios of 4 wallets.

Web3 security startup Cypherock has received an amazing rating of 4.8/5 from Coin Bureau, the top influencer in the web3 and blockchain communities. The fundamental problems with existing cryptocurrency wallet solutions are addressed by the Cypherock X1 hardware wallet, which aims to transform private key management.

Cypherock, which was founded in 2019, is committed to giving people unparalleled control over their digital assets, such as NFTs, and cryptocurrencies.

Cypherock

India is becoming more and more recognized for its skills in the electronics and technology sector, and the Cypherock X1 hardware wallet is one example of how proudly Made in India something can be.

For customers wishing to safeguard their assets and reduce the risks connected with seed phrases, the wallet provides an industry-leading secure solution by utilizing encrypted NFC-based cards to hold users’ private keys and seed words.

Enhanced protection against potential weaknesses or a single point of failure is provided by the Cypherock X1 cold wallet, which eliminates the dangers associated with seed phrase backups.

Utilizing Cypherock X1 as a seed phrase backup, users can import seed phrases from up to four wallets. Cypherock has built a single software that allows users to manage portfolios of all these wallets.

By distributing cryptographic components among four X1 cards and one vault device, the wallet, which uses Shamir Secret Sharing, improves private key security. Money is not lost if one or two components are lost. With its dual-chip design, OLED display, and joystick for offline transaction verification, the Cypherock X1 boasts bank-grade security certification EAL6+.

By moving from centralized exchanges to safe hardware wallets, customers are urged to prioritize asset and data protection by Vipul Saini, co-founder and CTO. Saini highlights Cypherock’s dedication to security by citing the Coin Bureau rating and Keylabs security audit as evidence of their efforts. Cypherock’s goal is to give people control over their cryptocurrency assets and personal information.

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