Crypto wallet with zero connectivity: NGRAVE joins Cointelegraph Accelerator
Cryptocurrencies are digital-only assets that investors can entrust custody to a 3rd party, such as an exchange, shop in hot wallets, or rely on their own hardware wallets. Hardware wallet producers need to conquer several difficulties to compete effectively with software-based Web3 wallets. In addition, like any physical wallet, hardware wallets are vulnerable to real-world security risks such as theft or structural damage– simply like any physical wallet.However, a well-designed hardware wallet can enhance security without compromising availability.
Cryptocurrencies are digital-only assets that financiers can delegate custody to a third party, such as an exchange, shop in hot wallets, or rely on their own hardware wallets. Hardware wallet makers require to overcome several obstacles to complete successfully with software-based Web3 wallets. Additionally, like any physical wallet, hardware wallets are susceptible to real-world security risks such as theft or structural damage– just like any physical wallet.However, a properly designed hardware wallet can improve security without jeopardizing availability.