Hardware Cryptowallet with Fingerprint Authorization

[grabpopcorn536]

I do not believe much in technology products from China but this product is really cheap and has great features.
I wonder if they unlock with fingerprints and if the fingerprint breaks, can we easily unlock the wallet from the device?
A wallet that plugs directly into the computer makes me feel more secure.

[Kahan848]

This sounds great and looks good on paper. But I don't expect wonders from it and wouldn't rely on $50 device to check my fingerprints while my $800 iphone doesn't even do this properly sometimes. I'd say I'll just keep an eye on that one

[AakZaki]

This wallet appears to be incredible and worth to purchase reasonable cost and solid item. But this security isn't sufficient.
I heard from peoples and watch videos where people easily break the security, including Fingerprint Authorization.
Furthermore, what occurs in case you're sleeping, and somebody utilizes your finger to open it?. Figured your own companion could treachery you.

It is not right to say that this hardware wallet is extraordinary, there are still many hardware wallets that have good technology and security features. The hardware wallet launched by Oleg Gate.io only has fingerprint security, but fingerprint security is different from smartphone fingerprint security. Of course there will be more developments regarding the security they have. The most important security is also in its users. Don't just use it, users also need to keep the hardware wallet safe and can't be accessed by other people.

[abel1337]

This wallet appears to be incredible and worth to purchase reasonable cost and solid item. But this security isn't sufficient.
I heard from peoples and watch videos where people easily break the security, including Fingerprint Authorization.
Furthermore, what occurs in case you're sleeping, and somebody utilizes your finger to open it?. Figured your own companion could treachery you.

It is not right to say that this hardware wallet is extraordinary, there are still many hardware wallets that have good technology and security features. The hardware wallet launched by Oleg Gate.io only has fingerprint security, but fingerprint security is different from smartphone fingerprint security. Of course there will be more developments regarding the security they have. The most important security is also in its users. Don't just use it, users also need to keep the hardware wallet safe and can't be accessed by other people.

Technology keeps moving and this kind of product is for me not so incredible, Fingerprint sensors are used for ordinary locks for years now and no wonder that it would be implemented on a hard wallet too. The S1 hard wallet is not that revolutionary but it is good that they gave the option to the market if someone wants this kind of feature. It's a common thing to do that the user will take care of the wallet because it contains your assets, It's most likely the same as a luxurious object on how you should treat the wallet.

[3meek]

Why doesn't anyone here consider such devices as an option for tracking cryptographic software owners? Especially if we are talking about China, where the total tracking of citizens is formed!
Just imagine that a transaction is identified by your fingerprint...

[Lorence.xD]

This sounds great and looks good on paper. But I don't expect wonders from it and wouldn't rely on $50 device to check my fingerprints while my $800 iphone doesn't even do this properly sometimes. I'd say I'll just keep an eye on that one

Exactly, there is still a problem with precision towards fingerprint technology. The problem is that the cost for creating a precise one will be larger than what they are planning to sell the product that comes with it. If the cost goes down to make a precise and secure one, skepticism will surely dwindle.

[joniboini]

Just imagine that a transaction is identified by your fingerprint...

Which is why open source is important to verify such things. If there's no code then it's hard to verify and debate this kind of paranoia.
But anyway, if you care about your privacy you'd probably stick with other HW instead of buying this one.

[3meek]

Just imagine that a transaction is identified by your fingerprint...

Which is why open source is important to verify such things. If there's no code then it's hard to verify and debate this kind of paranoia.
But anyway, if you care about your privacy you'd probably stick with other HW instead of buying this one.

I know that Ledger recently added the swap function to its Ledger Live software... So, this feature is not available for some countries, which means that Ledger knows your IP data and therefore knows your country or region...
I don't know about the rest of the hardware wallets, but I thought it was better to give them up!

"If you don't have paranoia, it doesn't mean that you are not being followed!"

[witcher_sense]

I know that Ledger recently added the swap function to its Ledger Live software... So, this feature is not available for some countries, which means that Ledger knows your IP data and therefore knows your country or region...
I don't know about the rest of the hardware wallets, but I thought it was better to give them up!

"If you don't have paranoia, it doesn't mean that you are not being followed!"

It is always worth to caveat that hardware wallets are meant to be used as tools for signing a transaction on a potentially compromised computer without needing for a connection to the Internet. Some wallets allow you to sign a message in a airgapped way, which means your hardware wallet will have no direct connection to your computer and therefore has no chance to be compromised. However, you somehow have to broadcast your transaction. If your have chosen a wrong way to broadcast it, for example through Ledger Live or web applications, the information about your IP will be collected and your identity will be compromised. But you shouldn't blame the hardware wallet for that. It did his job perfectly. It was your mistake that led to the leak of confidential information, you should have used an other way to broadcast your transaction!

[Shallow]

This is a breathtaking innovation which the crypto space really needs. In my own opinion, this is great owing several reasons, first, the cryptowallet is from one of the best exchanges out there meaning that, it was built with great care and from the best team of developers, that is to say, security and efficiency is assured. Secondly, owing to the fact it comes with fingerprint scanner shows that easy accessibility is assured as well coupled with the fact it is more secured than others. And lastly, it is very cheap when considering all the features it has such as accepting more than 10,000 crypto assets as well as synchronizing with smartphones and other devices.
Innovations like this makes me to always believe that, irrespective of what most people thinks about the crypto space probably because of hacks and scams, there is still a very big potentials which will continue pushing the crypto space forward hence ensuring a brighter future.

[Oasisman]

What if someone tap my finger into my wallet and make a transaction?  

You would lost your coin, but if someone have access to both hardware wallet and your finger at same time, that someone also could steal your Bitcoin another way such as intimidation or violence.

Was there any case about a device that could be accessed through fingerprint authorization where the owner was murdered and then cut the finger to access a stolen device?
Finger print authorization is now the new technology trend, I wonder soon criminals would still the owners finger too lol.
I've read different reactions about this new hardware wallet, though this is a great innovation, but It's also unnecessary for some who isn't a fan of collecting shitcoins.

[michellee]

What if someone tap my finger into my wallet and make a transaction?  

You would lost your coin, but if someone have access to both hardware wallet and your finger at same time, that someone also could steal your Bitcoin another way such as intimidation or violence.

Was there any case about a device that could be accessed through fingerprint authorization where the owner was murdered and then cut the finger to access a stolen device?
Finger print authorization is now the new technology trend, I wonder soon criminals would still the owners finger too lol.
I've read different reactions about this new hardware wallet, though this is a great innovation, but It's also unnecessary for some who isn't a fan of collecting shitcoins.

It is an innovation, but they need to promote their hardware to the public. They need to fight against the old competitor such as Ledger and Trezor, to get the customer.
I think the criminals will figure out how they can get the owner's finger, and I think they can use the trick like in Fast and Furious 5 to holding and squeezing her b*tt lol

[gmaxwell]

Fingerprint auth is mostly snake oil.

The way it is implemented is almost always bypassable. Because the device knows what your finger looks like and is just looking for a match, so someone with access to tinker with the device innards can bypass it.

There are better ways to implement it-- where the data is literally encrypted with your fingerprint and the device doesn't know what your finger print is...  but this requires extreme rocket science (to deal with the fact that each fingerprint read will be slightly different) and so no one does it that way.  Even with that, you leave fingerprints all over the place so the security can only be so good.

[Yatsan]

This was incredibly a new innovation to hardware wallets using modern technology which is fingerprint authorization to serve as an access key to unlock the hardware wallet. Seriously it is very innovative and to think the price is just $50 which is not that too expensive for such security features it do have. Step by step the advancement of the modern technology we do have right now is slowly resolving common issues such as hacking which is a big help to the crypto users that are tending to store assets on hardware wallets rather than on online wallets. Another innovative invention that is pretty impressive making you think that you must have one.

[gundala]

Technology is constantly evolving, and this is one pretty cool innovation. As with many things, there must be drawbacks. as many members said above, security using fingerprints does look cool, but it's not completely effective I think. someone will easily manipulate that when you sleep, right? moreover, how accurate is the system in recognizing fingerprints? many are identical and it is error-prone. Especially if your finger is injured, burnt, or other accident that makes you unable to access the wallet with your finger.
What is clear, we must care about this security, and do not make it a single defense, but use multiple security, it will make your assets more secure.

[CarnagexD]

I’m not totally bought on the fingerprint reader feature – I’ve got a couple of devices protected with readers of a kind, and every now and then I need to perform a rescan since they stop recognizing my fingerprint flawlessly. Additionally if the device implements passphrases, I wonder if different fingers will give access to different sets of accounts. On top of that, I’m pretty certain it’s easier to retrieve a fingerprint, than a pin code from someone’s memory.

In any case, the device does have the couple of buttons, so perhaps the fingerprint reader is optional in terms of usage, and the buttons will probably provide access to the different passphrase protected sets of accounts.

Precisely. Having a physical safekeeping device for an intangible asset like bitcoin basically defeats its very purpose. I get where the creators of this coin is coming from but you know what else can do this without all of those nerdy things and for a very cheaper price compared to how much this thing probably costs? Your computer hard-drive. Heck, you can even go as far as using your external hard drive or a USB.

[XCANA]

Why doesn't anyone here consider such devices as an option for tracking cryptographic software owners? Especially if we are talking about China, where the total tracking of citizens is formed!
Just imagine that a transaction is identified by your fingerprint...

That's a good point, it seems nobody can't see this as a means to track the cryptocurrencies holders which will then make it central than the decentralization we urged for. Also, this is a tool to censor the general network from a sectional region of the world, this shouldn't be seen as advantage rather a disadvantage to this industry in terms of privacy.

[TedMosby]

What if someone tap my finger into my wallet and make a transaction?  

You would lost your coin, but if someone have access to both hardware wallet and your finger at same time, that someone also could steal your Bitcoin another way such as intimidation or violence.

Was there any case about a device that could be accessed through fingerprint authorization where the owner was murdered and then cut the finger to access a stolen device?
Finger print authorization is now the new technology trend, I wonder soon criminals would still the owners finger too lol.
I've read different reactions about this new hardware wallet, though this is a great innovation, but It's also unnecessary for some who isn't a fan of collecting shitcoins.

AFAIK no since there are many easier ways to obtain fingerprint such as detailed photos of one's finger. But if someone is stupid enough to claim that he uses hardware wallet with fingerprint authorization and store lots of cryptocurrency there, it might happen

It's not clear if the fingerprint is the only way to authorize the transactions or it is just an option or additional security level.
but one thing that is clear is the fingerprint will be needed if a brute force attack detected.

I prefer to have the fingerprint recognition feature as an optional security layer.
If this feature is the main and only way to authorize the transactions, your life and assets are in danger .

gate.io announcement and official website of this hardware wallet:
https://www.gate.io/th/help/annlist/17919
https://pro.wallet.io/hardware

[coinfinger]

This hardware wallet looks very nice with the fingerprint scanner. I believe that as time goes on it’s going to become a normal, we will start seeing lots of fingerprintscanners embedded wallets in the market, even the likes of Trezor will upgrade to offering the same features.

it seems nobody can't see this as a means to track the cryptocurrencies holders which will then make it central than the decentralization we urged for. Also, this is a tool to censor the general network from a sectional region of the world, this shouldn't be seen as advantage rather a disadvantage to this industry in terms of privacy.

Uuhm, I believe that majority of us here are making use of smartphones with fingerprint and face scanning, and we never complain about whether they are stealing our information with the fingerprint and all that, so what’s the difference with this one? I think we should be more worried when it’s something that has to do with giving information that is personal.

[cryptomaniac_xxx]

It's just ironic though that a Chinese company claim to have broken Hackers Claim ‘Any’ Smartphone Fingerprint Lock Can Be Broken In 20 Minutes. Yes, this might be a good layer of security and protection, but it doesn't mean its' fool-proof.