Bitbox Wallet: Open Source Hardware Wallet

Description

The Bitbox Wallet is an easy to use USB-C hardware wallet that is designed to store and manage cryptocurrency assets securely. It is a product of Swiss company Shift Cryptosecurity and was launched in 2018. You can plug it in on your computer or smartphone and use the Bixbox software to sign transactions or generate new receiving addresses. The wallet is based on open source software.

BitBox is known for its privacy and security measures, which include a physical secure element chip that stores the user’s private keys, secure Multisig, Tor support, end-to-end encryption of communication between app and device. The BitBox wallet supports multiple cryptocurrencies, including bitcoin. It’s possible to use a bitcoin only edition. The wallet is also compatible with a number of popular desktop and mobile wallets, including Electrum and MyEtherWallet.

In addition to its security and privacy features, BitBox is also known for its compact size and portability, as it is small enough to fit in a pocket or be carried on a keychain. It also has a user-friendly interface and is simple to set up and use.

One potential downside to the BitBox wallet is its price, as it is relatively expensive compared to some other hardware wallets on the market. Moreover, the BitBox does not have a screen, so you will need to use a separate device to interact with it. However, this can also be seen as a security feature, as it reduces the attack surface of the wallet. Generally, the BitBox is a reliable and secure option for managing your bitcoin.

While its mobile app is only available for Android devices, its desktop app is compatible with Windows, macOS and Linux.