Author

Topic: UKISS/Hugware Hardware Wallet - review (Read 68 times)

legendary
Activity: 2240
Merit: 3002
December 06, 2022, 09:54:07 PM
#4
Funniest part... they state something like "90% of people lose their seed phrase, so that's why ours is built in to the wallet".  A seed built in to the wallet, I mean  Cheesy 
I had a quick glance and couldn't spot this, but regardless of that, I'd love to see them back it up [this nonsense] with some kind of evidence Tongue

Instead of repeating some of the comments about them, I'd like to point to a little discussion that we had back in July: What do you think about UKISS Hugware?

I think they posted that 90% of users lose their seed on instagram or some outlet like that.  I looked at all their stuff websites/social media etc. They quoted something like "90% of all people who have hardware wallets lose their recovery seed.  Source, just trust us bro".   Such a ridiculous statement. 

I did a search to see if anyone had written a review about this but somehow didn't see it.  Thanks, that's a good thread. Will probably just lock this now.
legendary
Activity: 2968
Merit: 3406
Crypto Swap Exchange
December 06, 2022, 08:08:01 AM
#3
Funniest part... they state something like "90% of people lose their seed phrase, so that's why ours is built in to the wallet".  A seed built in to the wallet, I mean  Cheesy 
I had a quick glance and couldn't spot this, but regardless of that, I'd love to see them back it up [this nonsense] with some kind of evidence Tongue

Instead of repeating some of the comments about them, I'd like to point to a little discussion that we had back in July: What do you think about UKISS Hugware?
legendary
Activity: 2212
Merit: 5622
Non-custodial BTC Wallet
December 06, 2022, 07:02:20 AM
#2
Okay so if you want a good laugh, then read through all of this.  I've read and seen a lot of crypto bs as you all have too that's pretty funny, but as for hardware wallets, this has to take the cake.  Funniest part... they state something like "90% of people lose their seed phrase, so that's why ours is built in to the wallet".  A seed built in to the wallet, I mean  Cheesy 

"Hugware is the first crypto hardware wallet in the world that comes with master seed synchronisation. This patented technology ensures that private keys are generated and stored in the hardware while enabling backups through device pairing. That way, the seed doesn’t have to be translated into recovery phrases or be exposed to human error, phishing, or theft.

Hugware is the safest and simplest hardware wallet every crypto novice needs while providing a solid recovery plan for your investments".


They are basically transfering the seed to another device, they call it A-Key.

Quote
Hugware comes in a pair. During setup, the master seed is generated in the Authentication Key (A-Key) and synchronised with the Rescue Key (R-Key). Use the A-Key to manage your crypto assets and keep your R-Key for when you need to recover access in the future.

Our state-of-the-art key pairing feature lets users do away with recovery phrases, thereby minimising instances of human error, phishing, and theft. However, it is your responsibility to ensure the security of your Hugware. Store your devices in a safe location and guard your authentication with a strong PIN.
https://www.ukiss.io/userguide/



I think it is interesting to see people creating different things and another kind of back ups.

However, I really fell much safer using the traditional seed in a piece of paper and restoring it anywhere. I would have to study this HW a lot before usage, until I understand what would happen if my both devices break for example.
legendary
Activity: 2240
Merit: 3002
December 05, 2022, 08:43:05 PM
#1
Okay so if you want a good laugh, then read through all of this.  I've read and seen a lot of crypto bs as you all have too that's pretty funny, but as for hardware wallets, this has to take the cake.  Funniest part... they state something like "90% of people lose their seed phrase, so that's why ours is built in to the wallet".  A seed built in to the wallet, I mean  Cheesy 

"Hugware is the first crypto hardware wallet in the world that comes with master seed synchronisation. This patented technology ensures that private keys are generated and stored in the hardware while enabling backups through device pairing. That way, the seed doesn’t have to be translated into recovery phrases or be exposed to human error, phishing, or theft.

Hugware is the safest and simplest hardware wallet every crypto novice needs while providing a solid recovery plan for your investments".

They also tout their NFTs/their token/DeFi and that they can also store your photos and files on the wallet. It all makes zero sense.   I read their TOS, completely shows that they are super shady.  They set up the TOS so they can't be liable for absolutely anything.  Where are they based out of, you guessed it...Singapore, crypto scam haven.

I would love for you Mr Robots to break down some of this supposed tech they claim to have, like their Hugware deal.

https://www.ukiss.io/
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