SafePal S1 Hardware Wallet Review | Fingerprint Security for Digital Assets
Everyone in the crypto world has questions and expectations about the future of Ethereum as Ethereum 2.0’s release keeps getting closer. Will this upgrade be able to address the Ethereum scaling problem along with performance issues? Will the gas prices model be changed? Will the change to proof-of-stake increase the throughput to the level required by the current boom?
While I wonder about all of this in order to decide how to manage my ETH portfolio, crypto projects might have more at stake than I do. Some of them are not waiting for Ethereum’s latest upgrade. Today, I will be updating you with the latest news on Cardano as well as telling you why you should have ADA in your portfolio as it will be overtaking Ethereum next year. We’ll pit ADA vs Ethereum and tell you exactly how Cardano will benefit from an ETH 2.0 stall.
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Can You Trust a Hardware Wallet to Generate Your Seed and Key?
Welcome to this crypto and blockchain video posted by Andreas Antonopoulos. In this video you learn about cold storage of digital assets and why a hardware wallet is still the safest place for your crypto assets.
HASHWallet Hardware Wallet
The first non-programmable hardware wallet, HASHWallet creates a totally secure environment for signing any transaction. Users are able to visualize and confirm their operations using a large e-ink screen, being a non-programmable device the HASHWallet does not allow for any possibility of impersonation or fraud.
Disclaimer: Statements on this page do not represent the views or policies of anyone other than the person who says or writes them. The information presented to you on this site is made available for discussion purposes only, and is not cryptocurrency investing or any other type of investing recommendations or advice. Under no circumstances does the information on this page or site represent a recommendation to buy or sell cryptocurrencies and crypto securities. All product and company names are trademarks™ or registered® trademarks of their respective holders. The use of them does not imply any affiliation with or endorsement by them. By using this site you agree to our website terms and privacy policy found at watchcrypto.media/terms-privacy. This page contains sponsored content, affiliate links, and/or other forms of paid promotions, as do all pages on WatchCrypto.Media, If you would like to view more details on the sponsored nature of any given page please contact us.
Welcome to this cryptocurrency video posted by Chico Crypto. In the video above Tyler talks about the new HASHWallet. HASHWallet is a new type of cryptocurrency and digital asset hardware wallet designed to safeguard your crypto-assets. This unique hardware wallet comes in the shape of a smart card that can fit into your wallet. Continue reading below to learn more about this exciting new crypto hardware wallet.
What is HASHWallet?
The first non-programmable hardware wallet, HASHWallet creates a totally secure environment for signing any transaction. Users are able to visualize and confirm their operations using a large e-ink screen, being a non-programmable device the HASHWallet does not allow for any possibility of impersonation or fraud.
How do you confirm transactions with the HASHWallet?
The screen built into the HASHWallet card is called an e-ink screen. This e-ink screen allows you to verify and validate any transaction in detail as it is displayed on the card itself. The HASHWallet app works with the card to present you with the operation details. If the details are correct you can verify and approve the transaction through biometric finger scanning.
What is a Non-Programmable device? Why does this make sense for HASHWallet?
A non-programmable device is a device that does not accept new code and can not be updated. This can be seen as a good thing and a bad thing. It is a good thing because you know that the software cannot be tampered with. It is a bad thing because you cannot receive new firmware upgrades. However, since the purpose of HASHWallet is to guarantee the accurate execution of a transaction without any doubt, it serves its function without needing any upgrades.
How do you recover your HASHWallet if you lose it?
Cryptocurrencies run on decentralized networks, each person who holds digital assets is essentially becoming their own bank. In the case that we lose our keys, there needs to be a secure, simple, and reliable process to restore access and control to our digital assets.
The recovery process for HASHWallet is very good. You are able to back up your recovery seed multiple times. You can make as many copies as you like as long as you have multiple recovery cards. Once the onboarding process has been completed, the HASHWallet card will no longer be able to generate the Recovery Seed or the Recovery Key.
If you lose your HASHWallet Recovery Card, there are a few options available for you:
eSignus Vault
You can use eSignus Vault as a custodial recovery system.
You have your recovery card
You can recover a HASHWallet at any time with the Recovery Card and Recovery Key copies.
If someone finds your lost HASHWallet card they will not be able to do anything without the Recovery Seed that exists in the Recovery Card.
You store your own Recovery Key
If you chose to store your own recovery key then you must import the file into the application to complete the recovery process.
HASHWallet biometric ID security
Biometric ID
One of the most important factors in the HASHWallet activation process is to have the non-programmable card recognize your biometric fingerprint. This can be a lifesaver in the case that you lose your card and happened to have chosen to store both your Recovery Key and Recovery Seed on the same Recovery Card. Your fingerprints can be used in the recovery process. This can be dangerous if you pass away (die) and your fingerprints are not able to be used to restore the device for anyone in your will.
Recover HASHWallet | Generation of the Master Seed
Once both the recovery seed and recovery key have been imported, you can generate the Master Seed to restore your crypto on a new HASHWallet. If you want to take your crypto off of your HASHWallet card than you need to ensure you first have access to your card, and then you can verify and confirm details to send your crypto to a new wallet.
Why programmable hardware wallets are not safe
If a hardware wallet is programmable, there are chances to change the data, and the operation may be compromised.
The smart card screen that HASHWallet uses provides every detail of the operation before validating it.
The main strength of HASHWallet is to be a non-programmable device.
HASHWallet Owners / Founders
Co-Founder / CEO - Daniel Hernandez Rodriguez (LinkedIn)
Memory: Up to 1 MB of flash memory for code/data, up to 384 KB of low leakage RAM for code/data
Connectivity: Bluetooth and NFC
Certifications: CE, FCC, EAL 6+, RoHS
Software
Operating system: Non-programmable device
Supported coins: Bitcoin, Ethereum, Litecoin, ERC-20 tokens, and more to come.
Authentication: FIDO U2F compliant
Compatibility: iOS, Android, Windows, macOS and Linux
Language: English, Español, 한국어, 日本語
Special Features
Fingerprint reader for Biometric authentication: FPC1321 T-ShapeTM
SnapSwitch and Automatic power-off (CardLab patented technology)
Led light: Led cool white diffused SMD – Everlight Electronics
How does the HASHWallet App work?
The HASHWallet app works with the hardware wallet card to display your blockchain transaction details for the current action on the card itself. The app and your card work together to display blockchain details about the operation you are about to conduct. They allow you to confirm a receiving address and a sending address with the details of the transaction.
Disclaimer: Statements on this page do not represent the views or policies of anyone other than the person who says or writes them. The information presented to you on this site is made available for discussion purposes only, and is not cryptocurrency investing or any other type of investing recommendations or advice. Under no circumstances does the information on this page or site represent a recommendation to buy or sell cryptocurrencies and crypto securities. All product and company names are trademarks™ or registered® trademarks of their respective holders. The use of them does not imply any affiliation with or endorsement by them. By using this site you agree to our website terms and privacy policy found at watchcrypto.media/terms-privacy. This page contains sponsored content, affiliate links, and/or other forms of paid promotions, as do all pages on WatchCrypto.Media, If you would like to view more details on the sponsored nature of any given page please contact us.
