Now that security flaws are taking place in major exchanges and wallet services one after another, attention is focused on the safe storage of virtual currencies .
Among them, the most safe method is said to be a kind of wallet called ” cold wallet “. In cold wallet, you can shut out the possibility of information being stolen online by saving Wallet’s private key etc offline .
Everyone, I think that you have seen “paper wallet” which printed important information on paper in MyEtherWallet, Bitcoin.com, etc. This is also a type of cold wallet.
Particularly attracting attention among cold wallets is a dedicated terminal created only for functioning as a wallet called ” hardware wallet “.
This page introduces how to setup “COOLDLAR’s” Fujin Wallet “called” World’s Strongest Hardware Wallet “, and impressions I tried using.
【Features and Benefits of Hardware Wallet】 Brief explanation from the structure – CRYPTO TIMES
Fujin Wallet Overview
Supports many public chains, ERC20 token all correspond.
Transfer is the completion of QR code only, it does not connect Wallet to PC at all.
Suggested retail price: ¥ 98,000 –
What are the three characteristics of Fujin Wallet?
What are the characteristics of “Fujin wallet” called “world’s strongest hardware wallet”?
Here I will introduce three major features related to Wallet and the company itself.
No connection with network or other equipment is required at all
Fujin Wallet is a terminal like a smartphone, but this body does not have any network system functions such as WiFi to prevent the leakage of information.
You can not update balance or remit money directly from Wallet, you must interact with the application on the smartphone and the camera on the wallet. However, using the application of smartphone has the merit that it can perfectly prevent leakage of information caused by network related from Fujin Wallet.
Also, although there is a USB-C port for charging the terminal, there is no need to connect to a computer or the like at all, so it is possible to shut out malware from the connected part perfectly .
Corresponding currency is large
The currencies that can be handled from the initial state with the Fujin Wallet are as follows.
Bitcoin / BTC, Bitcoin cache / BCH, Bitcoin gold / BTG, light coin / LTC, Ethernet / ETH, Early am Classic / ETC, Zette Cache / ZEC, Dash / DASH, Dose Coin / DOGE, Quartum / QTUM, Ripple / XRP, NEM / NEM, Super Bitcoin / SBTC, Bitcoin Diamond / BCD, Bitcoin X / BCX
In addition to the above currencies, any currency that is ERC – 20 token can be added to Fujin Wallet .
It is characterized by multi-chain compatible hardware wallet, but it seems to continue to respond to currencies such as NEO in the future.
Investment from Huobi and Bitmain
Fujin wallet is funded by Huobi and Bitmain . Founder of Fujin Wallet has become one of Huobi’s former founder and has partnered with numerous well-known companies besides Huobi and Bitmain, which shows the high reputation of Wallet.
Image commentary on Fujin Wallet’s basic usage!
In this section, I would like to quickly explain the basic usage of ” Fujin Wallet ” with the image.
To send and receive money with Fujin Wallet, you need to use a free application on the terminal itself and smartphone together .
Appearance · Start screen
The appearance of Fujin Wallet seems like a smartphone at first glance.
When the initial setting is completed, a lock screen like an image is displayed. To unlock, you can set various methods such as password , fingerprint authentication (multiple registration is possible) , gesture authentication and so on.
When you unlock it, you can access the list of assets, the contact list that often saves the address to send and receive money, and other various settings.
To send and receive currency with Fujin Wallet, you need to download a special application · Coldlar on the smartphone.
As you can see in the commentary below, this application is only used for exchanging QR code, so there is no need to create a special account.
Receive currency · Update balance
The method of receiving the currency is the same as the usual Wallet app etc., and the remittance side reads and inputs the QR code and the address displayed on the Fujin Wallet terminal .
However, as explained above, since the Fujin Wallet does not have any network function from a security point of view, it is necessary to update the balance on the terminal to the amount after receiving it .
If you select the “Update balance” button from the menu of each currency, the QR code for reading with the application on the smartphone is displayed.
When reading the QR code on the terminal, a new QR code like the image appears on the smartphone this time.
When reading the QR code displayed on this smartphone from the Fujin Wallet side, the balance update is finally completed.
There is enough security enough to update the balance by reading the QR code from both Wallet and smartphone, both terminals .
When transferring funds, you need to read and enter the wallet address of the other side, enter the password, and then read the QR code from the smartphone application.
When remittance is successful, the balance is automatically updated, so you do not need to manually update the balance, as it did when you receive it.
How to add ERC-20 token
When you press the “ERC – 20” button from the application on the smartphone, the following screen is displayed, and the corresponding barcode is displayed by searching the token name.
If you read the QR code as displayed on the image on the Fujin Wallet, the corresponding ERC – 20 currency is immediately added to the asset list.
Comment on using Fujin wallet
Up to this point, we introduced the basic usage of Fujin Wallet and what kind of security measures are applied.
In this section, I will share frank comments on actual transfer tests.
Absolutely safe if you keep assets you want to keep for a long time!
As you can see in the explanation section, the security of Fujin wallet is too strong enough, you can see why it is called “the world’s strongest hardware wallet ” in the industry.
When updating or remitting the balance, it is necessary to read the randomly generated QR code between the wallet and the smartphone every time, so even if one of the wallet and smartphone is stolen, the asset is safely stored.
Even if Wallet is broken or lost due to an unexpected accident, backup can be easily done if you keep only the seed for restoration. It is necessary to record and keep only the terminal password and seed password properly so that it is safe and hard to lose .
The Fujin Wallet is just the strongest hard wallet to keep assets not needed for asset management and payment.
Is it a bit troublesome for everyday use …?
It is a good idea to keep assets in Fujin Wallet for completeness while hacking is taking place in major exchanges and wallet service.
However, it can be said that there are some troublesome things to do trading frequently using the same wallet.
As mentioned above, it is indispensable to use the smartphone in combination with the Fujin Wallet. Also, when actually doing payment, it is necessary to read the QR code more than once.
It may be best to store assets that do not move at once, securely on Fujin wallet, while using payment and trade for digital wallets is the best way to use it.
On this page, we introduced how to use “Fujin Wallet” called “World’s Strongest Hardware Wallet” and impressions actually used.
In recent years where interest in wallet security is getting widespread, the importance and attention of hardware wallets are also getting higher.
Those who are interested in Fujin Wallet who are considering purchasing hardware wallet, please check official website by all means!
Author: Yuya 【Coin Desk News】 – Source Post: https://crypto-times.jp/coldlar-wallet-p2-plus-review/
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