Overview
Private keys, and the Bitcoin network for example, are extremely secure. To compromise the Bitcoin network, you would need to process one trillion private keys per second, which would take more than one million times the age of the universe, and more so, just enumerating these keys would consume more than the total energy output of the sun for 32 years. This vast keyspace plays a fundamental role in securing Bitcoin, and other cryptocurrency networks.
However, it can be very easy to lose the assets your private keys protect if you don't take the correct measures to protect your private keys. For example, there is the story of a Bloomberg anchor who displayed his Bitcoin gift card during a television broadcast and got robbed almost immediately by an astute and nefarious viewer.
2017 was a record year for cryptocurrency growth, but also one where billions in cryptocurrencies were locked up or stolen. One of many such examples was the theft of $534.8 million worth of NEM coins held in a ‘hot’ wallet of Coincheck, a Japanese cryptocurrency exchange, in January 2018. This illustrates the need for proper security measures when protecting cryptocurrencies and private keys.
What is CoolWallet S?
CoolBitX’s CoolWallet S is a revolutionary mobile cold storage hardware wallet for your Bitcoin, Litecoin, Ethereum, Ripple, Bitcoin Cash, and ERC20 Tokens. Custody over your cryptocurrency investment has never been more protected or convenient to use. Quickly store and send your coins at any time, any location, and with anyone you want. CoolWallet is the first wireless hardware wallet that can be used by smartphones to manage Bitcoin transactions. Other hardware wallets require a computer and/or a cable of some kind. CoolWallet is designed primarily for convenience. It is a product that has been designed to be stable for a minimum of two-years, which simply means that the battery life is designed to perform optimally for two years and may not perform perfectly afterwards, but can still be effective.
CoolWallet’s Design
The design of this wallet oozes a serious business vibe. It has a classy black and gold exterior that is completely waterproof. On its front, CoolWallet has a 24.6mm by 21.9mm display screen. The small screen displays a variety of important information including your seeds and passwords as well as the authorization to send funds out.
The coolwallet card is waterproof, impact resistant, tamperproof and is resistant to both heat and cold. though, to be fair, I wouldn’t recommend testing these claims. The card features an acceptable amount of flex, though I would also caution against seeing how far it can fold. Still, it can easily slip into a normal pocket wallet with your IDs and credit cards, and I wouldn’t worry about it breaking any more than I’d worry about my American Express card snapping in my pocket.
Below the display screen is a clickable, circular control button that performs various card operations. The button acts as a power-up button, command confirmation button and it also changes the cryptocurrency being displayed by your card. A discreet serial number is printed at the top of the back of the card. At the bottom of the card is another discrete text above which two charging pins are placed.
Wireless Bluetooth Transactions
Complete wireless syncing via encrypted Bluetooth technology. The first bluetooth wallet that raises the standards of hardware wallets, with accurate, secure, and quick transfer.
Hardware Wallet Mobility
Sleek, slim, and light, it’s the only mobile cold storage cryptocurrency wallet. Feel the future in your hands on-the-go. Completely wireless.
Warranty
The warranty is for 12 months. You should have a back-up for your Crypto. If CoolWallet S is not working within 12 months of normal use, please contact the company and send your CoolWallet S back to the company. They will send you a new CoolWallet S within 2 weeks (subject to spare cards stock availability) from receiving your CoolWallet S.
Website (must include)
https://coolwallet.io
Telegram
https://t.me/CoolWalletS
Facebook
https://www.facebook.com/coolwallet/
Twitter
https://twitter.com/coolwallet
This article was created in exchange for a potential Ethereum reward through Bounty0x
Username: Killermode