Air-Gapped Hardware wallet

What is an Air-Gapped Hardware wallet | Is it safe or not?

5/5 - (1 vote)

Hey everyone today we’re talking about something that I haven’t heard a lot of people talk about but I definitely think it is increasingly important and that is air gapped Hardware wallets.

If you’re into Nfts or crypto or just web3 in general then you’re probably aware of Hardware wallets and that they are one of the most secure methods for storing your digital assets but a lot of people don’t know about air gapped Hardware wallets which takes Hardware wallet security just a step further.

What is an Air-Gapped Hardware Wallet?

An air-gapped Hardware wallet is one that is completely isolated from the internet as well as communication Technologies this includes Bluetooth Wi-Fi NFC as well as USB this is done to reduce the risk of your wallet being compromised.

Obviously when you connect your wallet to your computer using a USB. For example a hacker could potentially gain access through it using the USB same thing with Bluetooth there are ways to hack devices using Bluetooth.

Obviously if your Hardware wallet were to have a direct connection to the internet that would expose it to a lot of different scams and hacks that are common in the web 3 space.

How Air-Gapped wallets work

So here a question arises that how Air-Gapped Hardware wallet works if they are completely isolated from everything?

Well there are a couple ways that air gap Hardware wallets can initiate transactions and then complete them.

1. Using SD Card

One way is using an SD card or a Micro SD card basically this is done by inserting the SD card into your computer to initiate the transaction and then you basically download the transaction details onto the SD card insert it back into the hardware wallet where it can be completed.

2. Using QR Codes

Another option and probably the more common option nowadays at least is using QR codes so basically you scan QR codes using your Hardware wallet device to initiate and to approve the transactions and that’s exactly how I approve transactions.

Are Air-Gapped Wallets Safe?

Real question is Are air gap Hardware wallets Safe? while it’s safer than a non-air gap Hardware wallet such as Ledger Nano X is a super popular one Trezor model 1 Trezor model T those are all popular Hardware wallets that people seem to be really happy using them.

But is an air gapped wallet like Keystone Pro more secure than those wallets and overall I would say, yes because there are less ways that a hacker could gain access to your wallet because you do eliminate some of those access points.

However that’s not to say that a air gap Hardware wallet is completely immune to hacks.

One Way in Air gapped Hardware wallet could still be compromised.

How Air-Gapped Hardware Wallets Can Get Hacked?

When you connect your SD card to your computer, if a hacker had access to your computer and was able to download some type of malicious file onto your SD card card and then you go and insert it back into your Hardware wallet obviously that could compromise the security of your device a couple things.

I recommend to avoid this from happening to you if you do use an air gap hardware wallet is first use a dedicated SD card for your Hardware wallet.

That way you’re not using it to install anything else onto the SD card also if possible you should use a dedicated computer for handling transactions using your Hardware wallet.

Another way that your air gap Hardware wallet could potentially be hacked is through QR code substitution.

Again the hacker would have to have access to your computer or the device that is displaying the QR code where they could then go in and somehow modify the QR code and replace it with a malicious one and this malicious QR code would then direct your transaction to their wallet address.

For example so maybe they would receive the assets if you were transferring them some ways to avoid this QR code hack would be to always verify where you are scanning the QR code.

Make sure that it is a reputable Source if you’re using a wallet like the Keystone Pro usually you’re going to be scanning a QR code only through a couple platforms which is either going to be directly through the Keystone Pro app or through a third-party software wallet such as Metamask.

Obviously you wouldn’t want to scan any QR codes that are displayed by any random sites.

Do Malware Scan Of Your Computer

Of course this isn’t possible for everyone to buy a separate computer for Crypto only, because computers do cost a lot so what I like to do is run a malware scan on my computer at least once a month to double check that there is no malware on my computer.

And you don’t you don’t even have to pay for a malware scanner you can use a free option such as Malwarebytes of course always do your own research but that is what I use personally.

Air-Gapped Wallets Pros

As the pros of an Air-Gapped Hardware wallet I’d say the

1 . First one is a reduced risk of falling victim to phishing attacks you know malicious links that you could accidentally click on that would compromise your wallet because your wallet doesn’t directly connect to the Internet or to a device that is connected to the internet it’s unlikely that you’ll be clicking on any phishing Links at least directly with your air gap wallet.

2 . Another Pro is that there is a reduced risk of data leakage because you can’t connect it to the internet there’s no Bluetooth connection there’s no data that is being transmitted from your Hardware wallet unless you are obviously scanning a QR code that would be the only time that you’re actually transmitting data from your Hardware wallet.

3 . And of course if you insert an SD card into the computer and into your Hardware wallet that is a form of transacting data but it’s not in the air if you will the overall Pro of a Air-Gapped Hardware wallet is increased security.

If you are investing or trading in Crypto then you must be confused of which crypto exchange you should use so here is an article about this problem, Give it a read BEST CRYPTO EXCHANGE AUSTRALIA

Air-Gapped Wallets Cons

Let’s talk about the cons of an air gap Hardware wallet so

1 . One of the first cons that I quickly noticed as I was setting up my Keystone Pro Hardware wallet is you may need to buy additional Hardware to use your wallet. so for the Keystone Pro you need a Micro SD card and a Micro SD card reader to plug it into your computer so that that you can do the firmware updates.

2 . Again the only other con I can really think of regarding air gap Hardware wallets is a false sense of security I feel like users will get their hands on an aircraft wallet and think that they’re completely immune to hit to hacks and scams and that’s just simply not the case you still need to use best practices when using a hardware wallet.

Obviously you want to keep your recovery phrase safe you don’t want to click on any random links especially with the computer you use to interact with your Air-Gapped Hardware wallet you still want to treat it as if it wasn’t an air gap wallet basically you want to make sure you’re taking all the precautions possible to keep your wallet and your assets and yourself safe.

So a false sense of security is definitely a concern when using an air gap wallet again it is more secure but it’s not completely immune to hacks.

Is Air-Gapped Wallets Worth It?

Air-gapped Hardware wallet worth it over a non-air hardware wallet I would say yes especially because they don’t cost any more money for example the Keystone Pro only 169 dollars versus even The Ledger Nano X which is doesn’t even have a touch screen, and it’s not air gapped and it’s a lot smaller device it costs just about the same it’s about $149.

So you spend an extra 20 bucks to get this wallet that is 100% air gapped I think it’s definitely worth the added security.

Conclusion

This was all about Air-Gapped Hardware wallets. Overall if you are a crypto investor then you must go with Air-Gapped Wallet for that extra security.

But not to forget that you also need to be aware of the scams to protect your crypto because if you yourself is not aware then no any Hardware wallet can save your Crypto.

This was it for this article please Rate this post if you liked it and subscribe to our website and please keep visiting InvestinDollar.Com

Is Air Gap wallet safe?

yes because there are less ways that a hacker could gain access to your wallet because you do eliminate some of those access points.
However that’s not to say that a air gap Hardware wallet is completely immune to hacks.

How Air-Gapped Hardware Wallets Can Get Hacked?

When you connect your SD card to your computer, if a hacker had access to your computer and was able to download some type of malicious file onto your SD card card and then you go and insert it back into your Hardware wallet obviously that could compromise the security of your device a couple things.

Is Air-Gapped Wallets Worth It?

yes especially because they don’t cost any more money for example the Keystone Pro only 169 dollars versus even The Ledger Nano X which is doesn’t even have a touch screen, and it’s not air gapped and it’s a lot smaller device it costs just about the same it’s about $149. So you spend an extra 20 bucks to get this wallet that is 100% air gapped I think it’s definitely worth the added security.

What is an Air-Gapped Hardware Wallet?

An air gap wallet is one that is completely isolated from the internet as well as communication Technologies this includes Bluetooth Wi-Fi NFC as well as USB this is done to reduce the risk of your wallet being compromised.

What is the difference between an air-gapped hardware wallet and a regular hardware wallet?

The main difference between an air-gapped hardware wallet and a regular hardware wallet is that an air-gapped hardware wallet is not connected to the internet. This means that it is immune to malware and other online threats. A regular hardware wallet is connected to the internet, which makes it more vulnerable to attack.

What is the best way to store my recovery phrase?

The most crucial thing to safeguard when using an air-gapped hardware wallet is your recovery phrase. You won’t be able to use your bitcoin if you forget your recovery phrase. Writing down and keeping your recovery phrase in a safe place is the best method to keep it. Your recovery phrase can alternatively be kept in a password manager or on a metal plate.

What are some of the drawbacks of using an air-gapped hardware wallet?

* They can be more expensive than other types of hardware wallets.
* They can be more difficult to use than other types of hardware wallets.
* They are not compatible with all cryptocurrencies.

About The Author

Leave a Comment

Your email address will not be published. Required fields are marked *

Scroll to Top