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rohanagarwal94

@rohanagarwal94

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@rohanagarwal94
@launch Cypherock Cover - A non-custodial, non-KYC and Multi-Chain Inheritance-style recovery service for your Crypto
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Learn more about Cypherock Cover here - https://cypherock.com/blogs/cypherock-cover
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Cypherock Cover is going live in May ’24. For the 1st 1000 users, we are giving away 1 additional year of service free! Sounds interesting? Check out the link below to learn how it works.
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📴 Offline & Hardware Enforced A critical component for Cypherock Cover to work is the X1 Card. X1 Cards are offline, non-upgradable, and have physical locations that only the users know about. A purely software solution is undesirable as those will be cloud-based and upgradable adding counterparty risks.
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🫂 Complimentary to Existing Wallet Setup You are not required to transfer the assets from another wallet. Just import the wallet seed phrases and set them up right away. You can set up recovery of up to 4 different wallets through a single Cypherock X1.
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🔑 Non-custodial & Jurisdiction Agnostic Cypherock Cover acts as an infrastructure layer below the legal layer. Since Cypherock never custodies the Crypto assets, you are free to choose a nominee either from the legal system like a lawyer, or from your close acquaintance.
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🔒Seed phrase is never touched Unlike You-Know-Who, the seed phrase NEVER leaves Cypherock X1.
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rohanagarwal94
@rohanagarwal94
🌎 No KYC Required & Globally Available Neither you nor the nominee’s KYC is required to set up Cypherock Cover
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⛓️ Multi-Chain The future is multi-chain. Cypherock Cover is designed in a way to securely transfer access to a nominee without compromising privacy and control of the assets. Hence every Crypto asset that is secured by the seed phrase will automatically be transferred.
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🤯 No single point of failure Neither Cypherock can compromise your Crypto assets alone nor can the nominee.
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rohanagarwal94
@rohanagarwal94
In this week of Bitcoin halving, we’re proud to introduce Cypherock Cover, a secure multi-chain, non-custodial & non-KYC inheritance-style recovery service for everyone.
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Our mission @cypherockwallet has always been to solve the loss problem in Crypto Self Custody. Billions in Crypto have been lost due to lost seed phrase and owner death. This changes. Today. 🧵
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Cypherock X1 for $99 till Black Friday ends. Get it before stock finishes. https://cypherock.com/?wt_coupon=blackfriday50
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After months of hard work, excited to unveil CySync v2.0 🎉 🧑‍💻 Track multiple wallet portfolios in a single interface. ✅ Securely connect with DApps through WalletConnect. 🪙 3000+ coins supported. https://youtu.be/X7Kv4cGptcA?si=gXzXbiLzLQzvbvcs
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Very interesting! I think the method you described works for Coinbase, but an individual investor's threat model is a little different than that to justify the operational overhead. What we believe is you can use Cypherock for a single key/shard storage and couple it with MPC/Multisig to support that key security model
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https://www.cypherock.com/keylabs You can read the audit report by Keylabs, the firm that previously found vulnerabilities in the Ledger and Trezor wallets.
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Hi Cassie, yes it is SSS. Infact what I last read from a Coinbase blog, even they used SSS to secure their own assets at some point. The key advantage here is your complete key is never stored in a single place, and the tx signing only happens in the temporary memory before it gets deleted.
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👋
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👋
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@rohanagarwal94
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