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Tuesday, October 24, 2017

Crypto News: A Look at Five Different Cryptocurrency Hardware Wallets and Prices

A Look at Five Different Cryptocurrency Hardware Wallets and Prices

As bitcoin and alternative digital currencies grow more valuable, the demand for hardware wallets has grown significantly. Currently, there are a lot more options than when the first bitcoin hardware wallets came out and a lot more features. Here’s a look at some of the most popular cryptocurrency physical storage devices out on the market today.

A cryptocurrency hardware wallet is a physical device that stores private keys in a protected area within the device. People appreciate hardware wallets because they act similarly to a paper wallet but are far more functional for spending and receiving purposes. To date, there really hasn’t been any major incidents of large-scale hardware wallet vulnerabilities or verifiable incidents of funds stolen by hackers. Hardware wallets are also resistant to viruses, and private keys cannot be removed from these devices in plaintext. Although no method is 100 percent secure, Bitcoiners believe there are many significant advantages of using a hardware wallet, and there’s a bunch of devices to choose from on the market.

Full story at

Source: Bitcoin News

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