Frequently asked questions

Question 1

What is Cypherock X1?

Accepted Answer

Cypherock X1 is a compact, USB-sized hardware wallet / cold wallet designed to store and manage many different digital assets offline. Cypherock X1 use a dual-chip architecture for offline computation and verification, ensuring private keys are never fully stored in a single location. The device features an OLED display for clear transaction verification and a 5-way joystick. Connectivity is made via USB-C.

Question 2

Is Cypherock X1 safe & legit?

Accepted Answer

Cypherock X1 is non-custodial, open-source, and has undergone security audits by Keylabs. Cypherock X1 uses Shamir's Secret Sharing to decentralize private keys across five components X1 Vault and four X1 Cards. The device has not experienced any known hacks, exploits, or scandals. Security measures include encrypted NFC communication, EAL 6+ certified secure elements, and a durable design.

Question 3

Who created Cypherock X1?

Accepted Answer

Cypherock X1 was created by Cypherock, a company founded by Rohan Agarwal and Vipul Saini.

Question 4

Where is Cypherock X1's company based?

Accepted Answer

Cypherock, the company behind Cypherock X1, is headquartered in India.

Question 5

How does Cypherock X1 work?

Accepted Answer

Cypherock X1 is splitting private keys into five cryptographic parts using Shamir's Secret Sharing, stored between the X1 Vault and four X1 Cards. Users need at least one X1 Card and the Vault to authorize transactions. The device connects to the cySync companion app via USB-C, supporting platforms like Windows, macOS, and Linux. Users can view their seed phrase without connecting to the app.

Question 6

When was Cypherock X1 launched?

Accepted Answer

Cypherock X1 was released August 08, 2023.

Cypherock X1

Tags

Form

Storage

Platform

Software

Custody

Source

Security

Connectivity

Recovery

Features

Strengths

Weaknesses