[2014-11-18] techcrunch: CryptoLabs Launches With Bitcoin Storage Hardware

[LiteCoinGuy]

CryptoLabs Launches With Bitcoin Storage Hardware

CryptoLabs, a new bitcoin technology development startup, is launching with their first device, a bitcoin hardware wallet that allows users to store buy, send, sell and receive the digital currency.

http://techcrunch.com/2014/11/17/cryptolabs-launches-with-bitcoin-storage-hardware/



nice product but we also need cheap devices in the future.

[fryarminer]

I like it! Nice product!

[seriouscoin]

TWO WEEKS

LOL Inaba much?

[chennan]

good product. But the problem is that this hardware is easy to get stolen or robbed if other knows there is a big chunk of bitcoins loaded inside.

[Lincoln6Echo]

good product. But the problem is that this hardware is easy to get stolen or robbed if other knows there is a big chunk of bitcoins loaded inside.

If there is a recovery seed (or something like that) loosing the device shouldn't be a problem. In my opinion it is fantastic to have an secure and location independent bitcoin hardware wallet.
Unfortunately the CryptoLabs device is pretty expensive  

[LiteCoinGuy]

http://www.coindesk.com/cryptolabs-announces-multisig-hardware-wallet-biometric-authentication/

[Ron~Popeil]

good product. But the problem is that this hardware is easy to get stolen or robbed if other knows there is a big chunk of bitcoins loaded inside.

If there is a recovery seed (or something like that) loosing the device shouldn't be a problem. In my opinion it is fantastic to have an secure and location independent bitcoin hardware wallet.
Unfortunately the CryptoLabs device is pretty expensive  

Yeah a recovery key would be a must. Lower pricing would be helpful as well.