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kingcolex

sr. member

Activity: 254

Merit: 1258

Quote from: ?? on ??

Quote from: BitcoinNewsMagazine on September 24, 2015, 11:29:57 AM

Considering you could buy two Trezors for $40 less than the KeepKey I do not see this one taking off. Not being able to use with a phone kills it for many people. Once you get past the plastic feel of the Trezor you can appreciate the compact size and light weight, no problem carrying it in your pocket to use with your phone. Just consider Trezor as a disposable hardware wallet:) After all what is important is not the device itself but the 24 word seed.

Where does it says that it doesn't work with a phone? It is like a Trezor.

It probably will work with phones soon after apks update to support it, this is a very new device and hopefully will have lots of software adding it for use as it is similar to Trezor it shouldn't be hard to implement.

kingcolex

sr. member

Activity: 254

Merit: 1258

Quote from: Mitchell on September 24, 2015, 10:46:00 AM

I have to agree, $239 is quite steep if you ask (even though it looks amazing on that stand). Would be nice if added some more information in this thread, like connecting, signing, etc. I'm sure people would like that.

I'll take some photos of it in action doing that tonight, thanks for the tip.

Here's the information until I get photos uploaded, it does sign just like a trezor with the verify on the screen and has to be plugged in via micro usb the entire time, no built in battery.

BitcoinNewsMagazine

legendary

Activity: 1806

Merit: 1164

KeepKey is a fork of Trezor but the ability to use it with a wallet on a phone is not here yet. KeepKey only works with their Chrome extension, Electrum and Multibit.

Here is a very good thread on reddit discussing relative security of Ledger, Trezor, and KeepKey: https://www.reddit.com/r/btc/comments/3w81k1/securitywise_is_there_really_any_difference/

KeepKey is considered more secure than Trezor, with Ledger least secure. The advantage KeepKey has over Trezor is the way recovery is handled as talked about in this reddit thread: https://www.reddit.com/r/Bitcoin/comments/3e6ir3/eli5_how_devices_like_trezor_legder_keepkey_can/

Trezor recovery method using 24 words has 80 bits of entropy while KeepKey using 12 words has 111 bits of entropy. The recovery process is so secure the KeepKey developer is using it as a selling point, telling users that you can use the KeepKey when needed then just wipe the device after each use. Recover when needed again. Very interesting.

outofmind

member

Activity: 84

Merit: 10

Nice review ! Really like the premium feel of keepkey, might as well as buying one soon !

BitcoinNewsMagazine

legendary

Activity: 1806

Merit: 1164

Quote from: Mitchell on September 24, 2015, 11:36:28 AM

Quote from: BitcoinNewsMagazine on September 24, 2015, 11:29:57 AM

Considering you could buy two Trezors for $40 less than the KeepKey I do not see this one taking off. Not being able to use with a phone kills it for many people. Once you get past the plastic feel of the Trezor you can appreciate the compact size and light weight, no problem carrying it in your pocket to use with your phone. Just consider Trezor as a disposable hardware wallet:) After all what is important is not the device itself but the 24 word seed.

Well, if you want disposable, you should go with the Ledger Wallet HW.1 as they are only $18 and work on phones as well. Tongue

I have both the Trezor and Ledger. I prefer the Trezor, it is more convenient to use with a phone.

Mitchell

copper member

Activity: 3948

Merit: 2201

Verified awesomeness ✔

Quote from: BitcoinNewsMagazine on September 24, 2015, 11:29:57 AM

Considering you could buy two Trezors for $40 less than the KeepKey I do not see this one taking off. Not being able to use with a phone kills it for many people. Once you get past the plastic feel of the Trezor you can appreciate the compact size and light weight, no problem carrying it in your pocket to use with your phone. Just consider Trezor as a disposable hardware wallet:) After all what is important is not the device itself but the 24 word seed.

Well, if you want disposable, you should go with the Ledger Wallet HW.1 as they are only $18 and work on phones as well. Tongue

BitcoinNewsMagazine

legendary

Activity: 1806

Merit: 1164

Considering you could buy two Trezors for $40 less than the KeepKey I do not see this one taking off. Not being able to use with a phone kills it for many people. Once you get past the plastic feel of the Trezor you can appreciate the compact size and light weight, no problem carrying it in your pocket to use with your phone. Just consider Trezor as a disposable hardware wallet:) After all what is important is not the device itself but the 24 word seed.

Mitchell

copper member

Activity: 3948

Merit: 2201

Verified awesomeness ✔

I have to agree, $239 is quite steep if you ask (even though it looks amazing on that stand). Would be nice if added some more information in this thread, like connecting, signing, etc. I'm sure people would like that.

BitcoinNewsMagazine

legendary

Activity: 1806

Merit: 1164

Trezor sells for $99. At $239 I will not be buying a KeepKey, it may be pretty but it is less functional than a Trezor: you cannot use it with your phone. The Case hardware wallet is only $199.

BitcoinNewsMagazine

legendary

Activity: 1806

Merit: 1164

KeepKey just put them up for sale at $239. Free shipping:)

BitcoinNewsMagazine

legendary

Activity: 1806

Merit: 1164

slush mentioned on reddit it actually only costs $19 to produce a Trezor, selling price is where it is to recover r and d and cover operating expenses. I suspect a year from now Trezor will cost under $50 and be considered disposable. Break it? Just restore a new one from seed. Or maybe Trezor will come out with a new model that is better than KeepKey.

BitcoinNewsMagazine

legendary

Activity: 1806

Merit: 1164

Thanks for this. I look forward to buying one. It does not appear to have any advantage over Trezor which I use everyday, but looks classy and more satisfying to own. I love Trezor but do not like the cheap plastic feel of it. Wish they had kept the metal case.

avatar_kiyoshi

legendary

Activity: 1106

Merit: 1000

Looks great!
found a news on coindesk: http://www.coindesk.com/keepkey-launches-new-bitcoin-hardware-wallet/

jdebunt

legendary

Activity: 1596

Merit: 1010

Quote from: ?? on ??

It is a bit heavier than a trezor but probably only by an ounce or so, it would feel like a cell phone battery or something similar if you kept it in your pocket. I think it is currently for more at home use or laptop use (would fit easily in a laptop bag pocket).

Ah yes, comparable to the average powerbank then, nothing to be too worried about

jdebunt

legendary

Activity: 1596

Merit: 1010

The keepkey looks larger than I expected from those images...but it should be very lightweight, correct?

RGBKey

hero member

Activity: 854

Merit: 658

rgbkey.github.io/pgp.txt

Looks really slick, never really have been interested in a hardware wallet but they're getting my attention, especially with Mycelium supporting connecting hardware wallets and spending directly from the phone.

RustyNomad

sr. member

Activity: 336

Merit: 250

Thanks for doing this review.

I'm really interested in getting a KeepKey so this would be interesting.

jdebunt

legendary

Activity: 1596

Merit: 1010

Looking forward to this review as well. Been planning to get my hands on a KeepKey

chek2fire

legendary

Activity: 3416

Merit: 1142

Ιntergalactic Conciliator

very cute hardware wallet that. I will buy one

i wait for your review

kingcolex

sr. member

Activity: 254

Merit: 1258

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