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Coinkite announced Launch of Higher-End Bitcoin Wallet 

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Indrani bose Follow

INDIA

Mar, 08 2023

Mar, 08 2023

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Bitcoin hardware wallet manufacturer Coinkite announced the launch of a new product, the Coldcard Q1 which features a new higher-end COLDCARD with a full QWERTY keyboard, a larger LCD screen, and a QR code scanner. 


Additionally, the COLDCARD Q1 will run on batteries and will not need to plug it into a power source or a computer. 


According to Coinkite founder NVK, "We always wanted to develop a QWERTY gadget for quick passphrase input with battery power." "After years of experimentation, we have finally developed a safe method of creating QR scanners. This excites me a lot since, in our opinion, it is the ideal hardware wallet." 


The vintage BlackBerry is similar to the COLDCARD Q1. The security components first introduced with the Mk4, which was released last year, are enclosed in a grey, stealth body. 


Additionally, the Mk4's NFC compatibility, USB virtual disc mode, USB-C connector, activity LEDs for the USB and SD card, and 120 MHz CPU speed are shared by the new device (MHz). However, the Q1 improves upon the Mk4 by including a second SD card slot, a larger LCD screen, battery power, a QR code scanner with LED illumination and sophisticated scanning algorithms, and a massive 50-key QWERTY keyboard. 


The internal 2-wire serial connector of the Q1's QR scanner, which is located at the top of the device, connects it to the COLDCARD. As a result, there is less possibility of scanned data doing more than it seems. Pre-orders for the new COLDCARD Q1 are now being taken, but no launch information has been released. 


For safely storing cryptocurrency assets, businesses have released various hardware wallets over the last three months. The decentralized exchange (Dex) aggregation service 1inch Network revealed its ambitions to introduce a hardware wallet the following month. 

 


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Indrani bose

CBW - External Analyst

INDIA

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