Introducing the 1inch Hardware Wallet
As the 1inch Network is eager to expand its ecosystem of products and projects, here comes the 1inch Hardware Wallet, a cutting-edge solution for cold crypto storage.
When it comes to crypto storage, security is one of the main concerns. As isolated devices that store a user's address and private keys, hardware wallets offer top-level security. They are offline, non-custodial, and have several security levels protecting data from various kinds of attacks. Usually, hardware wallets are used as extra protection to manually approve transactions or for cold storage of crypto.
The 1inch Hardware Wallet, which is currently in its final stages of development and is expected to go on sale later this year, offers the safest approach to storing users' private keys in an offline, simple and open-source way.
Supported by a grant from the 1inch Foundation, the wallet is being developed by an independent team working within the 1inch Network.
Here's a quick overview of the 1inch Hardware Wallet's features:
- The device is fully air-gapped, as it has no buttons and does not require any wired connection. All data is exchanged using QR codes or, optionally, with NFC.
- Users can take advantage of transparent transaction signing, as opposed to blind signing offered by some other devices. To prevent hacker attacks and theft of funds, full transaction parsing and call data offline analysis is done. If a transaction a user is signing gets compromised on the web or in the mobile app, the device will immediately inform the user about that.
- Also, the 1inch Hardware Wallet enables users to create and control several sets of wallets with different seed phrases. Each wallet uses the Hierarchical Deterministic (HD) Wallet algorithm in accordance with BIP44 to create a new wallet set. At first use, a maximum number of wallets is randomly generated, and no one knows how many of them there are, except for the device's owner. Meanwhile, different pin codes provide access to different sets of wallets, closing the market security gap.
- In the process of creating the 1inch Hardware Wallet, special attention was paid to various aspects of its design. As a result, the device turned out to be compact, the size of a bank card, weighing just 70 grams and 4mm thin.
- While a 2.7” E-Ink grayscale touch display supporting light/dark modes makes the 1inch Hardware Wallet very easy and convenient to use, the device is also sturdy, thanks to its Gorilla Glass 6 surface and stainless-steel frame, as well as waterproof.
- The device supports wireless charging, and its Li-Po battery lasts for roughly two weeks of use.
- Finally, the 1inch Hardware Wallet comes in five colors.
If you want to be among the first users of the 1inch Hardware Wallet, join the waiting list. The team will get in touch with you as soon as the device goes on sale.
Stay tuned for more news from the 1inch Network!
Learn more about the best TOP 30 hardware cryptocurrency wallets
You can see this list here.
TOP 29 Hardware Wallets, the Official Online Stores
| 1 |  | Trezor hardware wallet, the official online store |  |
| 2 |  | Ledger hardware wallet, the official online store |  |
| 3 |  | KeepKey hardware wallet, the official online store |  |
| 4 |  | BitBox02 hardware wallet, the official online store |  |
| 5 |  | CoolWallet hardware wallet, the official online store |  |
| 6 |  | ELLIPAL hardware wallet, the official online store |  |
| 7 |  | D'CENT hardware wallet, the official online store. |  |
| 8 |  | SafePal hardware wallet, the official online store |  |
| 9 |  | SecuX hardware wallet, the official online store |  |
| 10 |  | BC Vault hardware wallet, the official online store |  |
| 11 |  | BitLox hardware wallet, the official online store |  |
| 12 |  | Keystone hardware wallet, the official online store |  |
| 13 |  | ProKey hardware wallet, the official online store |  |
| 14 |  | NGRAVE hardware wallet, the official online store |  |
| 15 |  | Keevo hardware wallet, the official online store |  |
| 16 |  | GridPlus hardware wallet, the official online store |  |
| 17 |  | Ballet hardware wallet, the official online store |  |
| 18 |  | OPOLO hardware wallet, the official online store |  |
| 19 |  | Foundation (Passport) hardware wallet, the official online store |  |
| 20 |  | ImKey hardware wallet, the official online store |  |
| 21 |  | Tangem hardware wallet, the official online store |  |
| 22 |  | HashWallet hardware wallet, the official online store |  |
| 23 |  | Material Bitcoin hardware wallet, the official online store |  |
| 24 |  | ShieldFolio hardware wallet, the official online store |  |
| 25 |  | OneKey hardware wallet, the official online store |  |
| 26 |  | Blockstream Jade hardware wallet, the official online store |  |
| 27 |  | Cypherock hardware wallet, the official online store |  |
| 28 |  | Keepser hardware wallet, the official online store |  |
| 29 |  | NEXA hardware wallet, the official online store |  |
TOP 20 Best Metal Cold Storage Seed Phrase Backups, the Official Online Stores
| 1 |  |  | |
| 2 |  |  | |
| 3 |  |  | |
| 4 |  |  | |
| 5 |  |  | |
| 6 |  |  | |
| 7 |  |  | |
| 8 |  |  | |
| 9 |  |  | |
| 10 |  |  | |
| 11 |  |  | |
| 12 |  |  | |
| 13 |  |  | |
| 14 |  |  | |
| 15 |  |  | |
| 16 |  |  | |
| 17 |  |  | |
| 18 |  |  | |
| 19 |  |  | |
| 20 |  |  |
