KeepKey Releases New Bitcoin Hardware Wallet

KeepKey has launched a new USB Bitcoin wallet and is now on sale, with each wallet priced at $239.

The wallet allows consumers to store bitcoin offline, avoiding the security issues of storing bitcoin on a computer or using a custodial service to store bitcoin.

肯•亨特马克, software engineer at KeepKey, said of the new product:

“We designed the KeepKey security model to ensure that private keys are always in the hands of the user. We believe that storing Bitcoin in a third-party custodian would reduce the security and privacy that Bitcoin is designed to provide.”

How to use KeepKey Wallet

To create a KeepKey wallet, users need to install a Chrome extension on their browser.

The KeepKey wallet has its own display screen. After being plugged into a computer, the screen will prompt the user to set a password. This password must be entered before making any Bitcoin transactions.

The KeepKey wallet will then display the user's private key on the screen. Note that the private key is only displayed once, so it is recommended that the user write down the recovery sentence and store it in a safe place.

When a user wants to spend bitcoin online, the KeepKey software pops up on the screen and automatically fills in the transaction details.

After entering the password, the KeepKey wallet will sign the transaction before automatically broadcasting it.

Competition in the Bitcoin Wallet Market

Fierce, such as Ledger's Nano wallet, launched in 2014, retails for 34.80 euros (about 38.76 U.S. dollars), which is a multi-signature Bitcoin wallet that can also be plugged into the USB port of a computer. The Ledger team claims that the product Nano wallet can resist hacker attacks. The hardware wallet Trezor developed by SatoshiLabs costs $99. In addition, New York Bitcoin hardware wallet company Case received $1.5 million in seed funding in June this year. The Case wallet developed by the company uses biometric technology.