Hardware wallets are considered to be the safest bet against notorious thefts, malware attacks and ever-increasing crime against cryptocurrency holdings. The newly launched hardware wallet from Kasse promises to provide a complete solution for all kind of vulnerabilities involved in holding cryptocurrencies.
Kasse in German means "a small vault" which seems to be the inspiration behind making Kassehardware wallet. The wallet promises to act as a personal vault for crypto holders which would safeguard their digital assets against various malware, virus and theft attacks. The creators of Kasse seems to be serious in their approach as the hardware wallet is not just designed to outclass any digital vulnerability, but a hardened silicon exterior also promises protection against any physical damage.
The wallet is completely offline and thus there is no chance that a hacker can get hold of your address or private key from the cold storage, thus making it fool-proof against any kind of online attacks. Cryptocurrency thefts usually occur because people are not aware of how to safeguard their digital assets. Most of them make use of the wallet provided by exchanges they use, and these exchanges are least worried about users fund, and most of the time does not compensate in cases of hack or theft.
Kasse Hardware Wallet And Its Origin
Kasse hardware wallet is a creation of Hyundai Pay, a South Korean based fintech firms which are largely known for its contribution towards the creation of the Internet of Things (IoT) infrastructure, IoT devices, automobiles, and consumer electronics.The hardware wallet comes equipped with an application which allows for convenient management of crypto funds. The interface is user-friendly which makes it quite convenient to securely send or receive the crypto funds.
The security feature is impeccable as it requires the user to physically interact with the device in order to confirm any transaction to or from the hardware wallet.
The in-built app is compatible with Windows and MacOS and currently available in four languages namely, English, Korean, Chinese and Japanese. The Linux version along with iOS and Android versions are currently under development.
The hardware wallet currently supports ten cryptocurrencies, but it is being speculated that even more coins might be added as the wallet becomes mainstream. The 10 cryptocurrencies which are currently supported include, Bitcoin (BTC), Ethereum (ETH), Ethereum Classic (ETC), Bitcoin Cash (BCH), Bitcoin Gold (BTG), Dash (DASH), Litecoin (LTC), Qtum (QTUM), Ripple (XRP), and Zcash (ZEC).
How To Setup Kasse Hardware Wallet
The first thing you would need to do is, download the software package compatible with your system from the official Kasse website. Install the downloaded software package onto your computer without plugging in the hardware wallet to the computer.
Configure the application as per your needs, and make sure to store the private key in an offline environment to ensure that scammers can never get hold of this private key. Once you have configured the software, connect the hardware wallet which looks like a flash drive to the computer and finishes the configuration as per your needs. Always make sure that your hardware wallet is never online as it increases the vulnerability of private key theft.
The Technical Aspects Of Kasse Hardware Wallet
The hardware wallets come equipped with BIP39 compliant protocol, which means a user can create sub-wallets for any crypto which is BIP39 compliant. The said /protocol helps the user to create 12-24 seed wallets and help them recover their account in case they misplace the private keys.
The wallet also comes with an OLED display which projects every transaction within the wallet, but only when the user physically interacts with the device and enter a PIN to access the information. this feature can turn a life savior in case the software application on the computer gets infected by any malware attack.
The Security Features Of The Kasse Wallet
The hardware wallet comes with a dual chip hardware configuration, where the primary chip is responsible for safeguarding the Private key by locking it in a CC EAL5+ certified environment.
The second chip is PIN accessible and can only be accessed by the owner of the hardware wallet, this feature protects the hardware wallet against a number of malware and virus attacks online.
Kasse Wallet promises a ton of security feature as well as ease of use, and it can prove to be a great competition against the Ledger made hardware wallets.