In this article lets take a quick deep dive into each of these latest Air gapped wallet. The primary focus of this review is to evaluate each wallets security features, compatibility and user friendly recovery process.
CoolWallet Pro
The latest version of the CoolWallet Pro, a cryptocurrency air gapped wallet, offers a range of features that enhance both security and convenience for its users. When purchasing the CoolWallet Pro, you'll receive the hardware wallet, a USB charging dock and cable, a user manual, and two recovery seed cards. Here are some key aspects:
Design & portability: The CoolWallet Pro is a travel-friendly hardware wallet that is designed to resemble a standard credit card. It has a slim profile of only 0.8mm thickness and a weight of 6 grams. It is easy to carry in a regular wallet and is also durable, tamper-proof and waterproof. Its a convenient and secure option for storing cryptocurrency while on the go.
Security Features: The CoolWallet Pro offers enhanced security with its use of a CC EAL 6+ Military-grade security chip, the same level of security used in the banking system. This provides robust protection for your digital assets, giving you peace of mind knowing that your cryptocurrency is safe and secure.
Compatibility & features: The CoolWallet Pro is compatible with both Android and iOS devices, connecting via an encrypted Bluetooth connection. It supports a wide range of cryptocurrencies, tokens and NFTs ( including major ones like BTC, ETH, LTC, XRP and more ). The wallet can also connect to DeFi and DApps through WalletConnect, providing users with a versatile platform for managing their digital assets.
Staking: The CoolWallet Pro offers users the opportunity to earn staking rewards on digital assets like Cosmos, Tron, and Polkadot. Also available are plans to support additional coins such as Tezos, Cardano and ETH 2.0 tokens in the future. This provides users with the ability to earn passive income on their digital assets, adding another layer of utility to the wallet.
The App: The CoolWallet Pro is paired with a mobile app that provides users with a user-friendly platform for managing their crypto assets. The app allows users to easily monitor their wallet balances, send and receive crypto and exchange coins. This provides a convenient and streamlined experience for managing their digital assets on the go.
Battery: The CoolWallet Pro is powered by a 3V lithium-ion rechargeable battery, which can last for 2-3 weeks with regular use and up to 2-3 months on standby. However, it is recommended to charge the device at least once a month to maintain the battery's health and ensure optimal performance.
Pricing: The CoolWallet Pro is priced at around $149, which is little expensive compared to other hardware wallets like Ledger Nano or Trezor.
Eacy setup: Setting up the CoolWallet Pro is a simple process. After downloading the CoolBitX Crypto Wallet app and charging the device, you can easily pair it with your mobile device via Bluetooth and start using it to manage your digital assets. The intuitive setup process makes it easy for users to get started with the wallet and begin benefiting from its features.
The CoolWallet Pro offers several upgrades compared to its predecessor, the CoolWallet S. It features enhanced security, support for additional cryptocurrencies, and new features such as staking, DeFi integration, and NFT support. These added capabilities make the CoolWallet Pro a more robust and versatile option for managing digital assets.
Material Bitcoin Wallet
The Material Bitcoin wallet is a unique type of Air gapped wallet for storing cryptocurrencies, particularly Bitcoin. It comes with a 100-year warranty. If the wallet deteriorates or the legibility of the private key starts to fade over time, the company promises to replace it. Here are some of its key features:
Material Design : This Air gapped wallet is crafted from 100% stainless steel plates, making it a durable and long-lasting option for storing your private keys. Its robust design makes it fire-resistant, waterproof, and shock-resistant. Provides a high level of protection against physical damage and ensuring that your digital assets are safe and secure.
Security: The Material Bitcoin wallet is designed with a focus on security, featuring no electronic components and being manufactured in a network-isolated facility. This design choice makes it hacker-proof, as it cannot be hacked electronically, providing users with added peace of mind knowing that their digital assets are safe from cyber threats.
Confidential: The Material Bitcoin wallet places a strong emphasis on privacy, with your private key being hidden beneath an adhesive metallic vinyl for added security. The entire manufacturing process is automated and isolated, ensuring that your private keys are not stored or accessible by the manufacturer. This design choice provides users with added privacy and control over their digital assets, knowing that their private keys are secure and inaccessible to others.
Seamless: The Material Bitcoin wallet functions as a physical safe for your digital assets, providing a secure and offline storage solution. You can deposit funds by simply scanning the QR code on the wallet, and for withdrawals, you can import your private key into a mobile app that supports this functionality. This process allows for easy and secure management of your Bitcoin, while maintaining the security benefits of offline storage.
Variety: The Material Bitcoin wallet is available in a range of options to suit different needs and preferences. These include the standard version, the shadow version (which includes a two-piece wallet and a portable option), a customizable version, a camouflage version, and versions tailored for storing different cryptocurrencies such as Ethereum and USDT. This variety allows users to choose the wallet that best meets their specific requirements and preferences.
Durability: This Air gapped wallet is designed to be durable and resilient, being fireproof and able to withstand temperatures up to 1,652ºF/900ºC. This durability makes it an excellent choice for long-term storage of digital assets, as users can trust that their private keys will be safe and secure even in extreme conditions.
The Material Bitcoin wallet provides a distinctive and secure solution for storing cryptocurrencies, particularly for those seeking a physical storage option that is impervious to electronic hacking attempts. By combining the security benefits of cold storage with the durability of a physical safe, this wallet offers users a reliable and safe way to protect their digital assets. Its unique design and high level of security make it a compelling choice for those looking to keep their Bitcoin and other cryptocurrencies safe and secure.
Cypherock X1
( Check Official Website )
The Cypherock X1, emerging as a notable hardware wallet in the crypto space, is acclaimed for its advanced security features and user-friendly design. The wallet’s firmware is open source, allowing for community scrutiny and contribution, which is a significant trust factor in the crypto community. Key aspects of the Cypherock X1 include.
Shamir’s Backup: The Cypherock X1 utilizes Shamir's Secret Sharing to enhance security by splitting your private key into multiple parts, decentralizing its storage for added protection. Each part of the key is stored on separate NFC-based cards, which can be distributed across different geographical locations for added security. This approach provides a high level of security by making it much more difficult for hackers to access your private key, as they would need to obtain all of the separate parts in order to do so. The use of NFC technology also adds a layer of convenience, as the cards can be easily scanned to access the stored key parts.
No Seed Phrase Vulnerability: The Cypherock X1 differs from traditional wallets in that it does not require a seed phrase backup, which can often be a vulnerability in terms of security. This innovative approach addresses a common concern in the storage of cryptocurrencies, as seed phrases can be lost or stolen, leaving users' funds at risk. By eliminating the need for a seed phrase, the Cypherock X1 provides a more secure and streamlined solution for storing and accessing digital assets.
This Air gapped wallet supports a broad range of cryptocurrencies, giving users the flexibility to manage various digital assets.
User-Friendly: The Cypherock X1 offers advanced security features without sacrificing ease of use. Its compact design includes a joystick for navigation, and the interface is straightforward and user-friendly. This combination of security and simplicity makes the Cypherock X1 an attractive option for those who want to protect their digital assets without complexity and hassle. Whether you are a seasoned cryptocurrency user or new to the world of digital assets, the Cypherock X1 provides a secure and accessible solution for storing and managing your funds.
EAL6+ Security Certification: The NFC cards used in the Cypherock X1 wallet are certified to the EAL6+ standard, which is a highly regarded level of security in the world of finance. This certification provides bank-grade security for your digital assets, giving you added peace of mind that your funds are safe and secure.
The Cypherock X1 operates without an internal battery, functioning only when connected to a power source. The company behind the wallet is reportedly working on additional features, such as legacy inheritance systems, to address future needs in the management of cryptocurrency assets. These features, combined with the wallet's existing security and convenience benefits, position the Cypherock X1 as a strong player in the Air gapped wallet market.
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Industry update:
( May 22, 2024 )
Google has enhanced its search engine with a new feature allowing users to search for cryptocurrency wallet balances across six different blockchains: Bitcoin, Arbitrium, Avalanche, Optimism, Polygon, and Fantom. Google shared that search results will display token balances, inclusive of transactions up to the most recent network update. Users can utilize three distinct Bitcoin address formats—P2PKH, P2SH, and Bech32—for their searches. These formats encompass extensive combinations of letters and numbers, representing the crypto wallet addresses where balances are stored. For example, searching for a Bitcoin blockchain address yields results indicating the available bitcoins in the associated wallet, alongside the timestamp of the last recorded transaction. However, Google noted that updates might not be instantaneous, resulting in a delay between new transactions and the search index updating wallet balances. Public blockchain networks, including Arbitrium, Avalanche, Optimism, Polygon, and Fantom, function similarly to Bitcoin, enabling the display of wallet balance information without revealing the wallet owner's identity.
The integration of ENS (Ethereum Name Service) into Google search results is considered a significant development in the crypto landscape. Searching for an ENS address, such as "yyyyy.eth," now directly showcases the associated crypto wallet balance, highlighting the growing prominence of ENS in the cryptocurrency ecosystem. Google's recent updates, including Ethereum wallet balance searches in May 2023 and Ethereum Name Service (ENS) domain searches in 2022, demonstrate the tech giant's commitment to advancing innovative projects like ENS and improving user experiences in the cryptocurrency domain. While some view Google's efforts as strides toward mainstream adoption, privacy-conscious Bitcoin proponents have raised concerns about centralized data aggregation and potential privacy implications. Nevertheless, Google's expansion into cryptocurrency-related features signifies its evolving stance, shifting from banning Bitcoin-related ads in 2018 to permitting BTC tickers and ETF advertisements following regulatory approvals in the US. Google's collaboration with Coinbase in October 2022, enabling cryptocurrency payments for cloud services, further solidifies its dedication to embracing cryptocurrencies and fostering their integration into mainstream platforms.