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Ellipal Titan Vs Keepkey

The world of cryptocurrency has seen a rise in the number of hardware wallets on the market, each promising that your digital assets will be safe and secure. The Ellipal wallet is the newest player in this field, and it aims to stand out from its competitors by offering an entirely separate solution. In this article, we’ll take you on a close review of the Ellipal wallet and the company behind it, and its features to help you decide whether it’s worth investing in.

The hardware wallet can be described as a gadget which keeps the private keys of your financial assets indefinitely to prevent hackers from stealing your data remotely. The Ellipal wallet is 100% secure since it is completely unconnected to any network or computer. It is not wired or wireless connection and instead communicates through QR codes via cameras on the rear of the wallet. The Ellipal wallet retails for $149 and is fairly new to the market, which means that it has not been tested in battle yet.

Ellipal, the company that developed the wallet’s hardware is a relatively young competitor in the market. It raised $55K through an Indiegogo campaign to finance research and development for their products. The website of the company as well as online reviews state the hardware wallet as completely secure, but it’s important to note that the hardware wallets from rival companies like TREZOR and Ledger are constructed in a manner that no attacker from outside is able to view your private key. For example, even if the TREZOR is connected TREZOR with a compromised device that has been infected with viruses Your private keys are still safe and secure.

Ellipal’s source code is partially open, and as with Ledger, they have the Github repository that showcases 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 manufacturers today (TREZOR as well as Ledger) have a considerable amount of their code on public repositories. This makes it simple to understand how they implement security measures.

The Ellipal wallet is currently compatible with only a few coins that are supported, such as Bitcoin, Ethereum, Litecoin, along with ERC20 tokens. This is lower 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 on par with other wallets, however it is important to note that it’s a new product that hasn’t been battle-tested yet. In comparison to TREZOR and Ledger wallets that have been on the market for longer and have a long-standing track performance in security, the Ellipal wallet isn’t the best value for your cash.

In conclusion it is clear that the Ellipal device is an new player in the hardware wallet market that claims that it is 100% safe due to its total separation from any computer or network. The company behind it is relatively new and it hasn’t been test-driven yet. The Ellipal wallet currently supports a limited number of coins and its price at $149 is comparable with other wallets. While the idea of a fully isolated hardware wallet is intriguing but it’s crucial to look at the history and security measures of other wallets before making a decision. The final decision on whether the Ellipal product is worthy of the price is entirely up to the user.