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Author Topic: OraSaifu hardware Wallet  (Read 205 times)
Cosette (OP)
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September 18, 2018, 03:27:19 AM
Last edit: September 18, 2018, 08:54:54 AM by Cosette
Merited by DarkStar_ (1), dbshck (1)
 #1

Okay so, i wanted to discuss this wallet, the wallet is called OraSaifu and you can check it on indiegogo website here : https://www.indiegogo.com/projects/orasaifu-first-all-in-one-smart-wallet#/
The video promotion looks neat, and they claimed as "The Highest Security Level Smart Wallet", the funding already filled too.

What do you think guys? Is this wallet will become the best wallet when it comes to the market?
The UI is good too, i plan to buy one if this already come if this wallet is literally legit as in their video said.

Is this supposed to be on this section?

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mk4
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September 18, 2018, 03:52:45 AM
Merited by dbshck (1)
 #2

For the cryptocurrency purpose of it:

Looks cool, but at the same time looks gimmicky as hell as well. Does a cold wallet need to be that easy-to-transact with? Isn't the idea of a cold wallet the opposite of that in the first place? Cold wallet to be left at home for safekeeping, and use your mobile phone for day to day transactions.

The "The Highest Security Level Smart Wallet" just sounds like a buzzword statement they added to convince more people.

On the BiPal replacement for the recovery seed: There's no way I'm going to be confident that a electronic device will live through decades of storage. Paper is still the way to go for recovery seed storage. Definitely a gimmick.

On the bright side, it looks like it supports more coins/tokens than the Ledger Nano S:
Quote
A: OraSaifu supports BTC, BCH, BTG, BCD, LTC, GOGE, ETH, ETC, ERC20, EOS, ADA, XRP, XLM, IOTA, NEO, XMR, NEM, QTUM, if you want to support more, please email us at support@orasaifu.io.
That GOGE though.

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Babyrica0226
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September 18, 2018, 08:58:23 AM
 #3

Okay so, i wanted to discuss this wallet, the wallet is called OraSaifu and you can check it on indiegogo website here : https://www.indiegogo.com/projects/orasaifu-first-all-in-one-smart-wallet#/
The video promotion looks neat, and they claimed as "The Highest Security Level Smart Wallet", the funding already filled too.

What do you think guys? Is this wallet will become the best wallet when it comes to the market?
The UI is good too, i plan to buy one if this already come if this wallet is literally legit as in their video said.

Is this supposed to be on this section?

Hmmm?? While watching their you tube about Orasaifu, it looks good and has a similarity to nano wallet, although they have still big difference at all to one another. But I think its too early to tackle if this will become the best one in our times either, let see what would be the response of the community members in this industry as well.
Cosette (OP)
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September 18, 2018, 09:14:49 AM
 #4

Looks cool, but at the same time looks gimmicky as hell as well. Does a cold wallet need to be that easy-to-transact with? Isn't the idea of a cold wallet the opposite of that in the first place? Cold wallet to be left at home for safekeeping, and use your mobile phone for day to day transactions.
Looks like i miss wrote it as Cold instead of Hardware, my bad.

On the bright side, it looks like it supports more coins/tokens than the Ledger Nano S:
Quote
A: OraSaifu supports BTC, BCH, BTG, BCD, LTC, GOGE, ETH, ETC, ERC20, EOS, ADA, XRP, XLM, IOTA, NEO, XMR, NEM, QTUM, if you want to support more, please email us at support@orasaifu.io.
That GOGE though.
Yeah, more coins or tokens, more good it is in my opinion.
But, this looks like more expensive than ledger, i hope it is not too expensive.

Hmmm?? While watching their you tube about Orasaifu, it looks good and has a similarity to nano wallet, although they have still big difference at all to one another. But I think its too early to tackle if this will become the best one in our times either, let see what would be the response of the community members in this industry as well.
Well, its pretty hard to trust a new wallet instead using the more reputable one.

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September 20, 2018, 08:12:58 AM
 #5

On the bright side, it looks like it supports more coins/tokens than the Ledger Nano S:
Quote
A: OraSaifu supports BTC, BCH, BTG, BCD, LTC, GOGE, ETH, ETC, ERC20, EOS, ADA, XRP, XLM, IOTA, NEO, XMR, NEM, QTUM, if you want to support more, please email us at support@orasaifu.io.

That's 17 coins. Ledger's native application (ledger live) does support 23 coins itself.
And additionally there are multiple coins which are not included into ledger live, but are still supported (via 3rd party UI wallets).

So ledger does support way more coins than this new wallet does. A full list of supported coins can be found here.

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September 20, 2018, 02:47:00 PM
 #6

On the bright side, it looks like it supports more coins/tokens than the Ledger Nano S:
Quote
A: OraSaifu supports BTC, BCH, BTG, BCD, LTC, GOGE, ETH, ETC, ERC20, EOS, ADA, XRP, XLM, IOTA, NEO, XMR, NEM, QTUM, if you want to support more, please email us at support@orasaifu.io.

That's 17 coins. Ledger's native application (ledger live) does support 23 coins itself.
And additionally there are multiple coins which are not included into ledger live, but are still supported (via 3rd party UI wallets).

So ledger does support way more coins than this new wallet does. A full list of supported coins can be found here.

Woops. My bad. A better statement would be that this device supports some coins that the Ledger Nano S doesn't; namely: IOTA, NEO, and XMR(not officially on Ledger Live, at least).

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LeGaulois
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September 20, 2018, 03:26:53 PM
 #7

The product has a nice idea behind, too bad the campaign is closed. Will it be the best wallet I don't know. The best wallet doesn't exist for me because we all have different needs and uses. A good point, compared with Ledger and Trezor, is there is no internet exposure

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September 21, 2018, 07:25:15 AM
 #8

A better statement would be that this device supports some coins that the Ledger Nano S doesn't; namely: IOTA, NEO, and XMR(not officially on Ledger Live, at least).

Actually, ledger does support all of these coins. All of them stored on the nano s can be accessed using the official wallets.

Ledger live has been introduced to replace the chrome applications (because all of them are going to be removed from chrome).
So each coin which is supported on ledger live currently, was supported through a chrome application.

They are going to add additional coins to ledger live. But this might take some time since they have other priorities.

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