Secure a Bitcoin Wallet with CypherSafe’s CypherWheel
For those struggling to find the best method to secure a Bitcoin wallet, we’ve come up with a solution. CypherSafe’s inaugural product, the CypherWheel, will protect your private key (seed words) and/or address to ensure your transactions remain secure.
If you have a paper wallet at home, your private key is susceptible to any variety of disasters, such as fire, flood, or even forgetfulness and loss. The risks associated with storing your private key on your computer also make that form of storage impossible. Because Bitcoin was created specifically so you could securely exchange currency, storing your private key on your machine defeats the purpose due to the cunning of hackers.
As Bitcoin users ourselves, we wondered how to best secure a Bitcoin wallet in a way that was more effective and safe than paper or electronic storage.
The CypherWheel is a stainless-steel device that holds stainless steel character bits that match your seed words. The CypherWheel can be locked with a padlock to add another level of protection to your crypto wealth. By using the CypherWheel, you’ll protect your crypto wallet private key from prying eyes and physical disaster.
The CypherWheel can travel with you or be tucked safely away in a spot of your choice. With the ability to store up to 96 characters of confidential information, you can easily hold your Bitcoin BIP-39 compatible seed words, or other important sensitive data, such as personal identification numbers, bank account information, Microsoft (c) Bitlocker Recovery Keys, and more. With the CypherWheel, you no longer have to wonder how to best secure a Bitcoin wallet.
Learn how we’ve improved the CypherWheel after testing by Jameson Lopp!