BitLox Releases First Bitcoin Hardware Wallet

BitLox Releases First Bitcoin Hardware Wallet

We all know that the security of a Bitcoin wallet is one of the most important factors that users consider. If a Bitcoin wallet does not implement proper security measures, it cannot guarantee the safety of customers’ funds.

BitLox has released a new bitcoin hardware wallet that it says is more secure and privacy-centric.

The BitLox wallet is made of titanium and aerospace alloys. The wallet weighs only 25 grams and is 4 mm thick. Its shape is very similar to a credit or debit card. Although the wallet is small, it has a 2-inch electronic paper display on its surface.

The BitLox wallet provides users with multiple layers of security protection, even providing access through Tor. Cryptocurrency enthusiasts usually don’t think of accessing the dark web when using Bitcoin hardware wallets, which gives BitLox an opportunity. By using Tor as a channel to the dark web, the BitLox wallet can provide complete anonymity to Bitcoin users around the world. To better achieve privacy-centricity, the BitLox wallet also provides built-in support for the TailsOS system.

Hidden wallet generation is also an integral part of the BitLox wallet, though this feature is still under development. Considering that every Bitcoin address is visible on the blockchain, this feature is a pretty bold idea. According to BitLox, 50 hidden wallets can be generated.

The BitLox wallet also has a self-destruct PIN code (personal identification number), which can restore the BitLox wallet to factory settings and delete historical data stored in the device. However, please note that all wallet data associated with the wallet will also be cleared.

Users may worry that the Bitlox they purchased is not genuine. With this in mind, BitLox has integrated the AME (Anti Evil Maid) system, which provides users with a special identification phrase setting to verify the authenticity of the BitLox Bitcoin wallet.

The BitLox wallet is a newcomer in the Bitcoin hardware wallet market, so it remains to be seen whether the functions it promises are reliable.

Original article: http://www.newsbtc.com/2016/02/23/bitlox-physical-bitcoin-wallet-combines-security-anonymity/
By JP Buntinx
Translator: printemps
Editor: printemps
Source (translation): Babbitt Information (http://www.8btc.com/bitlox-bitcoin-wallet)


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