Ethernity and NGRAVE Cold Wallet Security Guide
By Greta — Oct 17, 2024
Ethernity is thrilled to announce our partnership with NGRAVE, a company as dedicated to smart, secure solutions to safeguarding digital assets as we are. The NGRAVE team is dedicated to providing top-notch security and convenience for cryptocurrency investors, driven by their passion for safeguarding assets and preventing future losses while giving you the complete control of your digital assets.
“Start Truly Owning What Is Yours”
The steps to protecting your valuable collectibles and tokens are simple but often overlooked. Take the time to review this information, invest in a cold wallet, and rest assured that your digital valuables are safe.
Understanding Wallets
A wallet is a tool for managing your cryptocurrency. Wallets don't store the coins themselves; they provide access to your private keys, which are essential for controlling your funds.
Hot vs. Cold Wallets
- Hot Wallets: These are online wallets, often accessed through apps or websites. They offer convenience but are more vulnerable to hacking.
- Cold Wallets: These are offline devices that generate and store your private keys securely. They're generally considered the safest option for storing cryptocurrency.
Why Use a Cold Wallet?
- Security: Cold wallets are offline, making them less susceptible to hacking.
- Control: You have complete control over your private keys, ensuring you're the sole owner of your funds.
Consider factors like ease of use, security features, and compatibility with different cryptocurrencies when selecting a cold wallet. The NGRAVE ZERO is an intelligent choice known for its advanced security measures.
Key security features of the NGRAVE ZERO include:
- EAL7 Certification: This is the highest level of security certification, indicating that the device is designed with a rigorous process and testing to prevent all known attack vectors.
- 100% Offline: The wallet is completely air-gapped, meaning it never connects to the internet, Bluetooth, Wi-Fi, NFC, or USB. This isolation minimizes the attack surface significantly. All communication takes place via transparent QR codes.
- Multi-layer encryption: It utilizes advanced cryptographic algorithms to secure private keys and sensitive information.
- Tamper resistance: The physical hardware is designed to detect any attempt to tamper with the device, potentially destroying data if needed.
- Advanced key generation: NGRAVE ZERO generates private keys on the device using an integrated camera, randomizing entropy with biometric data and environmental factors like light levels. The GRAPHENE model is made of two high quality stainless steel plates to encrypt your Perfect Key to make it indecipherable for everyone except you.
Remember: Always prioritize the security of your funds. Using a cold wallet is a crucial step towards protecting your cryptocurrency investments.
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