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Just looking at the image above and you can see why hardware cryptocurrency wallets are gaining importance. As the most secure way to store your cryptocurrencies more and more people are sure to
be turning to hardware wallets in the coming months and years. However not all hardware wallets are created the same.
Some are certainly more secure than others, and while the big names have been around for several years, in this industry a long life doesn’t mean you’re the best. Innovation in the blockchain
industry occurs at warp speeds and there’s always something new around the corner.
In this case the something new is the new OPOLO Hardware wallet. Designed to be not only the most secure hardware wallet in existence, but also designed for ease of use, the OPOLO Hardware wallet
is currently in its crowdfunding pre-launch stage, which is perfect because it means you can still take advantage of a 51% discount until the wallet officially launches.
Of course you don’t want to purchase blindly, which is why we got our hands on a pre-launch OPOLO wallet to test out and review. We think you’ll be suitably impressed.
And once you get to the end of the review you’ll find a special offer where you can possibly also get an OPOLO for free!
In case you haven’t heard of EAL+ before, it is a certification given based on the results of a security audit that follows a Common Criteria security evaluation. The Secure Element manufactured
by NXP is EAL6+ certified. The EAL+ audit assigns a score of 1-7 to the device or software, with the score of 1 the lowest and indicating only that the device or software is functional, while the
highest score of 7 is applicable only where there is a high risk situation.
As you might expect the lower ratings of 1, 2 or 3 would leave your funds at a greater risk of hacking. The higher ratings of 6 and 7 mean the device and/or software that was audited is almost
impossible to hack.
The OPOLO Hardware wallet uses a Secure Element with EAL6+ security certification. This gives high assurance from application of security engineering techniques to a rigorous development
environment in order to produce a premium product for protecting high-value assets against significant risks. In addition, the security of the OPOLO Software and Hardware is audited by Digital
Security, ATOS group, Paris, France for the IOT Secure Label certification.
As a comparison, the popular Ledger Nano X has only been certified to EAL5+ and the Trezor hasn’t been certified at all as it doesn’t include this type of Secure Element as part of its design. No
other hardware wallet has undergone such rigorous auditing and testing before being launched.
Secure Elements chips are the same chips used to secure your credit and debit cards from data leaks. The chip is responsible for handling secure payments and transfers by encrypting all the data
handled by the chip. You can think of it like the secure vault in your hardware wallet. It protects all the coins you hold on the OPOLO Hardware wallet against potential malware attacks.
One of the software features that makes the OPOLO harder to crack is the secure passphrase. This passphrase is never saved on the device, meaning even if a hacker could get access to the device
they would never be able to find the passphrase, because it simply isn’t present on the device. Even if they would have somehow gotten your password, without the passphrase your coins remain safe
and secure.
Adding to this security is the password itself, which can be set as long as 120 characters. As you might have guessed already, the longer the password is, the more secure it is as well. Longer
passwords are considerably harder to crack when compared with shorter passwords.
Moreover, there are only 7 chances allowed to input the password correctly. If someone inputs the password or passphrase incorrectly the device locks and wipes itself. At this point your wallet
can only be restored to a new device.
In regard to that mnemonic phrase, the OPOLO Hardware wallet strikes another first as it is the only hardware wallet that includes backup sharding of the mnemonic phrase using the included
magnetic cards. In order to save the mnemonics on the magnetic card all that is required is to place the OPOLO wallet on top of the magnetic card.