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At the Anarchapulco event last week, I had purchased a Digital Bitbox hardware portfolio. The Venezuelan Government opens a school to teach citizens crypto-currencies. After purchasing the wallet, I noticed that the package was sealed and uncompromising.
If the package has been removed or handled, it can be clearly seen that the package has been tampered with before initiating the process of the device. My device was not tampered with, and I removed the package with a pair of scissors that revealed a cardboard box that contained only two items — The Bitbox Wallet and a Micro SD Card from 8 GB.
The cardboard box does not have a flyer, just a website address that explains where a person can start digitalbitbox.
From there, I read the quick procedure which is pretty self-explanatory. Then I downloaded the Mac OS desktop client Windows and Linux applications are also available and waited for the download to complete. When it's finished, I've installed the platform in my "Applications" folder and have opened the software that will probably ask you to enter your computer's administrator password.
From there, the application asks you to name your wallet and add a password. Do not forget that a password is required so that a user can restore his Bitbox account, so be sure to save the password in a safe and secure place. After entering the name and password of the wallet twice, the initialization process begins and creates the first wallet with the sending and receiving addresses.
The boot process also backs up the private keys of the device on the SD card that is needed when first using the Bitbox. Once the first steps are complete, the SD card can be removed and kept in a safe place. This is a big difference between Bitbox and other hardware portfolios like Ledger and Trezor, which requires a process of writing a word starting sentence.
By using the Bitbox, the seed is stored and encrypted on the micro SD card. One thing I recommend is to buy another SD card, so you have two seed backups. Although chips like the one that comes with Bitbox can last typically up to 50 years. The desktop application is quite easy to understand, and the platform has a user-friendly interface, and the adjustment section is also relatively simple. In this section, a person can manage backups, create a new wallet, change the password, reset the device, enable two-factor authentication 2FA with a mobile app or connect the platform.
The settings can also produce a random number just in case you need a random number. In parallel, the user can also test the LED light in the device to ensure that it is fully operational. The LED is used for 2FA services and users count the number of flashes that the device transmits to authenticate the input and control process. The "touch button" is located near the LED light of the machine that is used to sign transactions. To confirm a transaction, the user simply presses the touch button to approve the process or can briefly press the touch button to cancel the transaction.
Finally, there is a multisig wallet service that allows the user to enable the protection of multi-signature wallets, a process that requires multiple people to sign transactions.
The Bitbox is a decent hardware wallet for the price and offers different types of privacy features. Seed storage is very different from other models on the market. Another problem that I had was with the touch button and the fact that there are no cords to use between the device and the computer. Using the Bitbox on a laptop is fine, but when using on my desktop iMac all in one , I had to go to the back of my computer to sign a transaction that is a kind of pain in the ass.
Overall, I liked it, but I do not see it gaining much traction as it continues to offer only two types of currency.
This question will be a decision maker for most people looking for a decent material wallet. In addition, the user interface is easy to understand and the "minimalist" nature of the product ensures that confidentiality is the top priority of this Swiss-based company.
What do you think of the Digital Bitbox hardware portfolio? Let us know what you think in the comments below. Readers must do their own due diligence before taking any action regarding the mentioned company or any of its affiliates or services.
Walkthrough's editorials are for informational purposes only. There are several risks and security methods that are ultimately made by the user's decisions. There are several steps mentioned in the reviews and guides and some of them are optional. Neither the author nor Bitcoin. For good measure, always use cross reference guides with other solutions found online. Need to calculate your Bitcoin investments? See our section tools.
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