Skip to main content

Ellipal Hardware Wallet Review

The world of cryptocurrency has seen an increase in the number of physical wallets that are available that promise to keep your digital assets safe and safe. Ellipal is one of them. Ellipal wallet is a new player in the field and will stand out from the rest by providing an unrivalled solution. In this article, we’ll take you on a more in-depth review of the Ellipal wallet as well as its company that makes it, and the features it offers to help you decide if it’s worth the investment.

The hardware wallet can be described as a device which keeps the private keys for your personal digital accounts indefinitely, preventing hackers from stealing them remotely. The Ellipal wallet promises to be 100% secure since it is completely unconnected to any network or computer. This means that it is not wired or wireless connectivity and instead communicates through QR codes through cameras on the back of the device. The Ellipal wallet is priced at $149. It is relatively new to the market, which means that it hasn’t been test-driven yet.

Ellipal The company behind the hardware wallet, is a relatively new competitor in the market. They raised $55K in the course of an Indiegogo campaign to finance its development. The website of the company and its online reviews state they are completely secure, however, it’s important to note that the hardware wallets of competing firms such as TREZOR and Ledger are constructed in a manner that no outside attacker can access your private keys. For instance, even if you connect your TREZOR to a compromised computer that is infected with viruses Your private keys remain safe and safe.

Ellipal’s source code remains partially available, and, as with Ledger, they have a Github repository available that shows their Cross-chain wallet framework as well the JS-Lib that allows any App developer to work with the framework. For comparison, both major hardware wallet companies today (TREZOR and Ledger) are both able to have large amount of their code stored in public repositories, which makes it simple to understand how they go about implementing security measures.

The Ellipal wallet is currently compatible with only a few coins which include Bitcoin, Ethereum, Litecoin and ERC20 tokens. This is less than the amount of coins that are supported by its rivals, TREZOR and Ledger.

The price of $149 of Ellipal wallet is a bargain. Ellipal wallet is comparable with its competitors, but it’s important to keep in mind that it is a relatively new product that hasn’t been tested for battle. When compared to the TREZOR and Ledger wallets, which are on the market for longer and have a proven track history of security, the Ellipal wallet isn’t the best value for your cash.

In conclusion it is clear that it is clear that the Ellipal device is an new player on the hardware wallet market that claims to be completely secure because of its complete inaccessibility to any network or computer. Ellipal is a company that’s new and the product has not been tested in battle yet. The Ellipal wallet supports only a few coins, and its price tag of $149 is in line with its competitors. Although the concept of a totally isolated hardware wallet is intriguing however, you should consider the history and security measures of other hardware wallets before making a choice. The final decision on whether or not the Ellipal wallet is worth the cost is up to the individual.