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Crypto Prune > News > This application makes your phone a bitcoin wallet hardware
News

This application makes your phone a bitcoin wallet hardware

3 months ago 7 Min Read

Think of cupcakes as your new security partner. This is another application that converts a second device (such as a smartphone or an older tablet) into a cold storage device with airspace. No internet connection is required. Personal information is not collected. Do not wait for shipping costs. The configuration requires 5 steps, 5 minutes, zero cost.

Cake wallet equipment, cryptocurrency wallet.

So, we’ll talk about Cake Wallet Team to Cupcake, a privacy-centered mobile cryptocurrency wallet application. Currently, in the beta phase, cupcakes allow you to create or restore your Bitcoin wallet and convert old or new mobiles, Android or iOS devices, hardware with “air space” (air gap).

The concept of “airspace” refers to the implied safety measures. It physically separates non-safe network devices, whether wired or wireless. Like the public internet. Air space devices are considered to be safer than devices connected to a network, as they represent important attack vectors.

When disconnected, the air gap device is immune to remote hackeo, greatly improving safety.

Cake wallets highlight some of the benefits of cupcake applications. First, it is provided An economical alternative to creating wallet hardware. On the one hand, it promotes reuse of still functional mobile devices and reduces e-waste. On the other hand, there is no cost to download applications, and unlike physical hardware, it is completely free, as it is not subject to geographical barriers.

Cupcake developers say downloading the application is more private than getting traditional wallet hardware. Typically, to purchase a physical device, you need a percentage of your personal data, such as postal code, city, municipality, and address. Additionally, cupcakes have instant access to your self-ocastodiasis wallet without delays associated with supply chain cargo or delays.

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As reported by Cryptonotics, data leaks have had serious consequences in the past. 2020, Ledger database compromisedaffects one million users, and the impact of that gap remains persistent.

Cupcakes do not need to share personal data, so they download free applications, but their effectiveness from a security perspective is highly dependent on the user’s privacy habits. For example, if a cupcake is attached to a malware device, Your security can be compromised.

Another advantage of cupcakes is his discretion. By integrating into mobile phones, unlike wallet hardware, it offers a plausible denial about the use of Bitcoin and other cryptocurrencies (except for some such as Bitbox02).) It is easily recognizable and can attract unwanted attention in a public environment.

On other aspects, cupcakes work similarly to traditional hardware wallets such as ledgers and tresols. Both work offline and provide high security. Like some wallets, cupcakes are open source and integrated with cake wallet software.

The disadvantages of cupcakes over traditional wallets

Despite its advantages, cupcakes present certain limitations. Safety and an approach to trading off-line It can be more complicated for users. for example, To create or receive transactions, you must manually restore a wallet created in Cupcake (View Mode) in the cake wallet.

Furthermore, cupcakes, which are beta, can provide some degree of instability. The Cake Wallet Team recommends that users with little experience in software problem solving should choose traditional wallet hardware.

Another disadvantage is that cupcakes only support two cryptoactives. This is a small amount compared to most wallet hardware on the market. Also, although it depends on the battery of the device installed, traditional wallet hardware can work with any device and USB cable (or in some cases technology such as NFC).

See also  Want to use Bitcoin to finance outside of radar? Samourai wallet mix is ​​back

Cake Wallet How do cupcakes work?

Cupcakes work in conjunction with cake wallets and are compatible with privacy-focused operating systems such as graphenos.

Grapheneos is a mobile open source operating system and is an alternative to standard Android operating systems that offer manufacturers such as Samsung and Google. Optimized for Google Pixel devices due to compatibility with advanced security features.

At the time of this wording, the application supports Bitcoin (BTC) and Monero (XMR).

Once downloaded, the cupcakes function without an internet connection and maintain a private key in a “airspace” environment that protects you from leaks. user You can check the balance. While the cupcakes are still there off-line.

To create transactions, users must create them in a cake wallet and transfer them to cupcakes via QR code to sign them off-line From devices with applications. This process is possible because the QR code contains all the information needed for a transaction (receiver, amount, etc.). Companies that encrypt transactions are done locally using private keys without requiring an internet connection.

Recommendations for Optimizing Cupcake Security

Cake Wallet proposes the following practices to maximize application security:

  • Keep your device in plane mode with cupcakes and connect only to update the software.
  • Make sure your device is updated.
  • Use devices that receive security updates.
  • Opt for the latest safety chip devices such as the recent iPhone and Pixel.
  • Provides a device specifically for running cupcakes.
  • Activate Lock mode on your iOS device.
  • Use Google’s advanced data protection on your Android device.

In summary, cake wallet cupcakes provide an accessible and instant solution for those looking for a secure, private cryptocurrency wallet to create a “airspace” environment using existing mobile devices.

See also  They experiment with talented defenses in Bitcoin wallets

Beta and limitations require technical knowledge, but privacy, low cost and a discretion approach make it an attractive alternative to traditional wallet hardware. However, this wallet has a higher difficulty curve for some users and is not directly and practical due to the airspace design.

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