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Topic: [ANN] Cypherock X1 - 1st Made in India Hardware Wallet (Read 184 times)

sr. member
Activity: 910
Merit: 284
Cypherock X1 just got listed on the official Bitcoin.org website - https://bitcoin.org/en/wallets/hardware/?platform=hardware&step=5
That is really big news, will be really helpful for us to buy from the official manufacturer cause most of the other hardware wallets doesn't ship directly to India so we have to buy from a reseller which can go wrong so this might be useful for Indian HODLers and also you're selling all across the globe so hope it will be considered by others too.

Talking about the price point of view, on the little expensive than others also checked whether the delivery is available to my location and yes but shipping charges around 500 extra.
jr. member
Activity: 59
Merit: 30
Cypherock X1 just got listed on the official Bitcoin.org website - https://bitcoin.org/en/wallets/hardware/?platform=hardware&step=5
hero member
Activity: 2156
Merit: 803
Top Crypto Casino
We just announced Cypherock Cover, a non-custodial & non-KYC inheritance-style recovery service for all your Crypto - https://twitter.com/rohanagarwal94/status/1782504675620655176

Hi Rohan,

As a member of the local board and the Bitcointalk community, I believe that your project, which is a crypto hardware wallet, could gain more visibility if you focus on marketing it in this forum. By doing so, you will be able to reach a wider audience both in India and overseas, and compete with established hardware wallet providers. If you're interested, please send me a DM. I'm reaching out to you because I've noticed that as one of the co-founders, you've been making a great effort to promote your hardware wallet.

Thanks.
jr. member
Activity: 59
Merit: 30
We just announced Cypherock Cover, a non-custodial & non-KYC inheritance-style recovery service for all your Crypto - https://twitter.com/rohanagarwal94/status/1782504675620655176
jr. member
Activity: 59
Merit: 30
Hello everyone,
On the auspicious occasion of Diwali, Cypherock is launching an exclusive deal to get your BTC without KYC.

Buy a Cypherock X1 through the unique link today and get $51 USD worth of BTC upon setting up your wallet without any KYC. We are the only Made in India Cold Wallet and ship locally without any customs issues. Offer valid till end of Diwali.

Order from the unique link - https://www.cypherock.com/product/cypherock-x1-btc
jr. member
Activity: 59
Merit: 30
Cypherock X1 now ships with a Hard Case - https://twitter.com/CypherockWallet/status/1719697106984972728

  • Comes FREE as part of the packaging
  • Is a Faraday Cage to protect against unintended EM waves
  • Use it to keep other hardware wallets along with your Cypherock X1 safe against scratches
  • It is Dust & Water Resistant
jr. member
Activity: 59
Merit: 30
jr. member
Activity: 59
Merit: 30
Quote
Is there any evidence to prove this claim because I checked for company details, and it says it's Singapore based company.

This is the only proof I have - https://www.forbesindia.com/article/take-one-big-story-of-the-day/india-can-lead-the-web3-revolution-but-lack-of-regulations-can-be-a-businesskiller/84997/1

Not sure if this works. We are a Singapore company but the product is manufactured and shipped from India. You will not incur any customs duty when we ship. We were earlier an Indian company before 2021 when we had to restructure the company into a Singapore entity.

Quote
And It's not really hardware wallet, it's more of a crypto card that eliminated the need of backup seeds, which is not really recommended procedure for long term holding.

Not true. If you read it correctly, there is a screen-based device called the X1 Vault that comes with the 4 cards. The seed phrase is never permanently stored anywhere, neither on the device nor on the cards. You verify the transaction details on the device, then enter the PIN and finally tap a card to authorize a transaction. Here is the video demo - https://youtu.be/vO8ajyhNfTQ
sr. member
Activity: 910
Merit: 284

9. It is made and shipped from India.

Is there any evidence to prove this claim because I checked for company details, and it says it's Singapore based company.

And It's not really hardware wallet, it's more of a crypto card that eliminated the need of backup seeds, which is not really recommended procedure for long term holding.
jr. member
Activity: 59
Merit: 30
Cypherock is a company founded in 2019 to build India's 1st Hardware Wallet. Cypherock X1 is the 1st product released by the company.

Cypherock comes with 5 hardware components - 1 X1 Vault and 4 X1 Cards. The X1 Vault is the main computational device used to perform transaction signing and verification. It comes with a screen, 5-way joystick and connects through USB-C. The X1 Cards are same secure hardware used in the banking industry to make your debit cards and communicate with the X1 Vault through encrypted NFC. In order to perform a transaction, you need the X1 Vault and you just need to tap any X1 Card to authorize it.

Features
1. Unlike other hardware wallets, Cypherock X1 allows you to secure upto 4 seed phrases in the same product. You can protect each with a different PIN. Hence you can use one wallet for storing NFTs and maybe another wallet just for securing your valuable coins.
2. There is inherent protection against loss. As along as you have access to 2 out of the 5 components (either 2 X1 Cards, or 1 X1 Card and the X1 Vault), your assets are accessible. You can lose upto 3 components at the same time and still be sure that your assets are recoverable.
3. There is inherent protection against theft. For a hacker to compromise the assets, he will have to find the locations of atleast 2 out of the 5 components physically and then buypass the PIN protection on top of them individually, which is extremely difficult.
4. There are no seed phrase vulnerabilities. You are not required to backup your seed phrases on a piece of paper or a metal backup.
5. It supports more than 3000 digital assets.
6. It is the World's first sufficiently trustless wallet. Today, you have to trust your wallet provider that they will not push a malicious software update to your wallet that extracts out the private keys. In Cypherock X1, even if a developer pushes a malicious software update to the X1 Vault, they will not be able to compromise your private keys since your private keys are never stored as a whole on X1 Vault permanently. X1 cards are not upgradable once shipped to the users.
7. It is going to support a non-KYC inheritance service that will allow your assets to be recoverable by your loved ones without Cypherock ever in a position to compromise user's assets. More on this soon!
8. It is BIP39 compliant. Hence it is interoperable with your existing wallets.
9. It is made and shipped from India. Hence you don't need to pay customs for the product and you get local customer support.

Use Cases
1. Use it as a hardware wallet without needing to backup the seed phrase. You can read more here - https://cypherock.com
2. Use it as a seed phrase backup manager to secure the seed phrases of your other hardware and software wallets. You can always view the seed phrase of a particular wallet by tapping an X1 card on an X1 Vault and entering the PIN. You can read more here - https://cypherock.com/wallet-backup
3. You can view and manage all your other wallets' portfolio through a single app. You can read more here - https://cypherock.com/portfolio-management

Security
1. It is open-source - https://github.com/cypherock.
2. It is audited by Keylabs that have found vulnerabilities in Ledger and Trezor hardware wallets before - https://cypherock.com/keylabs.
3. X1 Cards have EAL 6+ certified secure elements. You can set a PIN protection on top of them.
4. X1 Vault have a dual chip architecture and uses ATECC608A secure element, the same secure chip used by Coldcard.
5. It is one of the few hardware wallets with a reproducible builds as verified by WalletScrutiny - https://walletscrutiny.com/hardware/cypherockx1.

For technical understanding of the working of the product, you can refer this thread - https://bitcointalksearch.org/topic/cypherock-x1-shamirs-secret-sharing-based-hardware-wallet-5459720

I would love to get the community's feedback on the same. Here is a coupon code for 10% off if someone wants to try it out - bitcointalk10
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