Here’s the paradoxical problem with cryptocurrency. Having top of the line security is, at the very least, challenging, time consuming and inefficient. At most it’s highly technical and borderline unfeasible for the everyday user. But if your crypto isn’t secure, it’s at risk. High risk.
Unfortunately, crypto is a playground for hackers, scammers, phishers. It’s perfect for cyber crime. If they can get to your crypto, they will. And once they have it, you’ll never get it back.
There are so many truly amazing efforts right now that are pushing to grow crypto and change our lives with this amazing technology. One day everyone could be transferring value around the world in seconds with minimal fees thanks to cryptocurrency and distributed ledger technology. Unfortunately, with the security landscape in its current state, these efforts are likely to suffer.This very concept is why NGRAVE was born.
What is NGRAVE?
NGRAVE is a cryptocurrency security company that offers a suite of products that are designed to make your crypto more secure than ever before, while being meticulously crafted to be as easy as possible to use.
The company was created to chase the dream of making crypto more accessible and secure at the same time. The products are the result of countless hours of market research and real feedback which has helped NGRAVE create a small number of core products which solve the problems of crypto holders everywhere.
The NGRAVE ZERO is not just another hardware wallet. It’s the only hardware wallet available with an EAL7 certification, one of the highest security gradings available and the highest certification of any cryptocurrency hardware wallet. The reason why this certification was rewarded explains why the NGRAVE ZERO indiegogo fundraiser has currently achieved 930% of their initial goal.
When you’re using an NGRAVE ZERO your cryptocurrency is 100% offline, all the time. The device never connects to the internet. Most hardware wallets are plugged into a machine that is connected to the internet when they need to be used, which is a potential vulnerability point. Not the ZERO. You can navigate your wallets with an easy-to-use touch screen interface and sign transactions while your keys remain completely offline. This is achieved using QR codes to communicate between the ZERO and a smartphone app called Liquid. For the more technical readers, this makes the ZERO an air-gapped wallet.
Just to take it to the next level, the ZERO is equipped with multi-layered anti tampering protection. Simply put, if someone were to try and break your wallet open, your wallet would be wiped clean to protect your funds long before they would have the opportunity to try and find a vulnerability.
With all of that security, ease of use is still top of the line. The sleek design contains a 4 inch touch screen with an intuitive interface that makes setting up, holding or sending your crypto a breeze. The ZERO is multi-currency too, with 20+ blockchains supported, including all 1000+ ERC20 coins, and therefore hundreds of thousands of digital assets you can store on it.
Liquid is the mobile app that makes it happen. Not only does it facilitate your transactions from the ZERO, it can also give you a real-time portfolio overview and live price tracking.
Along with a secure hardware wallet you need a secure backup. That’s where Graphene comes in.
Graphene is a backup solution which enables you to keep your secret keys safe in a whole new way – engrave your private keys onto a high quality stainless steel sheet that’s weatherproof, fire-proof and corrosion resistant.
The Graphene comes with a kit containing an NGRAVE pen, an upper plate and a lower plate. Once you have your unique key you use the pen to punch through the holes in the upper plate, engraving the bottom plate. The plates are then split apart, and you need both of them to recover the key – another layer of security.
If you like, NGRAVE can store the upper plate sequence in an offline database, just in case you lose it. This doesn’t compromise your security because they won’t have the bottom plate, but it adds a degree of recoverability if you so wish. Of course, this is an opt in feature and by no means compulsory.
NGRAVE is a cryptocurrency security company that is building products to make holding cryptocurrency easier and more secure. Their wildly popular NGRAVE ZERO hardware wallet has exceeded the security standards of all other available hardware wallets, proven by their EAL7 certification. Once you’re all set up on your ZERO, you can simply backup your private information on the Graphene and then split the plates and store them apart for ultimate security.
The Daily Chain
*Disclaimer – This article has been sponsored by NGRAVE