Cypherock X1 Review: A Crypto Hardware Wallet With a Slick Card-Based Security Model
The Cypherock X1 is a new cryptocurrency hardware wallet launched in 2023, featuring a joystick control and a unique security model using Shamir’s Secret Sharing (SSS). It splits the private key into five parts, stored on the X1 Vault and four NFC-enabled cards, requiring any two for recovery. The device is compact, portable, and designed for durability, with an OLED display and dual-chip architecture for secure operations. It supports multiple wallets and offers a user-friendly app, CySync, for managing assets and transactions. The wallet supports over 9,000 digital assets and employs EAL6+ certified secure elements for enhanced security. Recovery options include a PIN and the ability to back up seed phrases. Despite using older secure memory circuits, the X1 aims to address traditional hardware wallet vulnerabilities, making it a competitive option in the market.
