A new solution has arrived in the crypto hardware wallet sector from Cypherock to eliminate the need to memorize the seed phrase. After a $1 million fundraiser, the startup is ready to use NFC-based crypto cards for this purpose.
Crypto hardware wallet and the new solution by Cypherock
All crypto hardware wallets require users to memorize the ‘seed phrase’ that can be used to recover the cryptocurrency wallet.
This is not always successful in the sense that if the user were to lose or forget or, even worse, be robbed of that phrase, they would lose, along with the wallet, all the crypto in their possession.
Crypto hardware wallet startup Cypherock has come up with a new solution, which would replace that process with the use of NFC-based crypto cards.
Seed phrases can be lost, phished, or captured on police bodycam. @CypherockWallet has an NFC-based solution. https://t.co/TsmjMDvcJb
— Decrypt (@decryptmedia) December 21, 2022
Basically, the Cypherock X1 crypto hardware wa
We współpracy z: https://en.cryptonomist.ch/2022/12/29/new-solution-hardware-crypto-wallets/
