It is fully protected from unauthorized access, cyber hacks, malware, and any online threats. Absolute air-gapped security, powerful encryption, and effortless crypto handling. Ellipal is a cryptocurrency hardware wallet company that offers a range of products designed for crypto investors. After Ledger’s 2023 blunder with the recovery feature and the blatant disregard for their community, Trezor is left standing as the most reputable, trusted, and longest-standing hardware wallet in the space. For me, the partial open-source approach is good enough and the Titan 2.0 allows users to import their own private keys if they choose not to trust the ELLIPAL device. Then, of course, there is the CC EAL5+ secure element which is an improvement against physical hack attempts over previous ELLIPAL wallets.
The firmware isn’t open-source, which could also be a deal breaker for some users. While this might raise concerns within the crypto community, it’s not unprecedented. Even the prominent hardware wallet brand Ledger hasn’t open-sourced its firmware. For those prioritizing open-source code, I recommend Trezor as the most reputable hardware wallet with 100% open-source code. In terms of security, I appreciate the option to protect the device with a password and pattern protection featuring a gesture pin. Additionally, the availability of setting up alternate accounts with a passphrase is a noteworthy feature, similar to the functionality offered by Trezor.
Nothing is ever 100% secure but Ellipal gets high marks in the industry for being extremely safe thanks to the fact it’s an air-gapped, hardware wallet. That alone makes it one of the most secure ways to store crypto but Ellipal goes one step further by using QR codes to make the device even safer. The device is essentially impenetrable unless you use a significant amount of force, and even if you are able to force your way into the casing, the device will delete all the stored private keys. This makes the device completely tamper-proof and compared to other devices such as the Trezor Model T, this is a significantly important feature. Security-focused users could consider more secure alternatives such as the Cypherock or NGRAVE ZERO, though those wallets are not as convenient or versatile. ELLIPAL could improve by adding multi-sig support, Bitcoin addresses starting with “bc,” Xpub access, and new payment address generation, elevating its ranking among hardware wallets.
The rugged metal casing instils confidence, ensuring the device can easily withstand impacts and drops, and is more than durable enough to handle daily wear and tear. Now we will dive into the specific features and functions of the Titan 2.0.
Now before you panic, it is important to point out that to the best of our knowledge, there has never been a successful remote hack of any of these wallets. All these security vulnerabilities that were exploited were conducted by sophisticated hackers with physical access to the device. The only way to hack a wallet or install malware is to first open up the wallet and access the circuits inside. To eliminate any risk and doubts caused by this threat, the ELLIPAL Titan is now constructed from a single piece of metal to make a strongly sealed metal hardware wallet.
All features promise this premium hardware wallet have a longer life than other wallets.【Maximum Convenience & Efficiency w/ Ellipal APP】Real-Time Trading anywhere and anytime. This phoned-sized Ellipal hardware wallet is portable, you can keep it in your pocket everywhere. And Ellipal APP features a simple, step-by-step process to help you create and recover your accounts. Ellipal hardware wallet supports Paypal, credit/debit card, cryptocurrency payment method,which efficiently saving your time. Besides Ellipal provides 12-months quality assurance, Ellipal always be here with you.
The other potential downside is the number of assets currently supported by the Ellipal Titan. While it does support most of the well-known crypto assets, it is missing some key ones such as Tezos (XTZ), Chainlink (LINK), and Cosmos (ATOM). That being said, they are adding support for new assets every month so this downside will likely disappear over time. Along with the Titan 2.0, ELLIPAL also offers metal seed phrase protectors, the ELLIPAL Joy, the Titan Mini, and accessories. The ELLIPAL mobile app is available for both IOS and Android and supports 2FA, fully offline upgrades and is a great wallet for NFT support on both Ethereum and Polygon.
Users have the option to create a new wallet, recover a previous wallet by entering a 12, 15, 18, 21, or 24-word mnemonic phrase, or import private keys individually. The ELLIPAL Titan even supports the scanning of QR codes from paper wallets, facilitating seamless imports. The Ellipal Titan is also a very solid piece of hardware, made of one fully metal shell that it airtight, dustproof and water resistant.
Trezor is more trustworthy while the Titan 2.0 has far better asset and DApp support, as well as its more user-friendly and more functionality. The Ledger has a better long-standing reputation and track record, while ELLIPAL supports more assets and is more convenient and user-friendly. Maintaining offline status and the use of the industry best practice CC EAL5+ secure chip leads to the Titan 2.0 being a secure on-the-go wallet, distinguishing itself from PC-tethered options like Ledger and Trezor.
The Titan series is also great for crypto use on the go for point-of-sale purchases thanks to QR code capabilities. The durability of the Titan series makes it and the NGRAVE ZERO the only wallets in my lineup that I don’t mind just tossing in a bag and roughing around a bit as I leave the house. In case of loss or damage, you can recover your assets using your backup mnemonic phrase or private key on a new ELLIPAL Titan 2.0 device, completely offline, keeping your assets safe from online threats. Experience the world’s first fully metal sealed hardware wallet with ELLIPAL Titan 2.0, a bulwark against physical, supply chain attacks, and evil maid attacks, ensuring your assets remain secure.
This limitation, along with the absence of multi-sig support and lack of support for Monero should be taken into consideration. This recovery phrase is the ONLY way you will be able to recover your funds should you lose or break the device. Note that nobody, not even the ELLIPAL team can help retrieve this information if you lose it, so write this down on paper and keep it ultra-secure. We cover more on this topic and the importance of recovery phrases in our in-depth Guide on Crypto Safety. Unlike vulnerable online wallets and precarious exchanges, ELLIPAL Titan 2.0 ensures unmatched protection with its 100% offline security and CC EAL5+ security chip.
- ELLIPAL are a well-respected and recognized hardware wallet manufacturer, creating industry-leading air-gapped wallets since 2018.
- The durability of the Titan series makes it and the NGRAVE ZERO the only wallets in my lineup that I don’t mind just tossing in a bag and roughing around a bit as I leave the house.
- Unlike vulnerable online wallets and precarious exchanges, ELLIPAL Titan 2.0 ensures unmatched protection with its 100% offline security and CC EAL5+ security chip.
- Now we will dive into the specific features and functions of the Titan 2.0.
- After downloading the app, users will be prompted to create an account (create new wallet), recover a previous wallet, or import accounts.
Unlike the latter options, the Titan doesn’t require a PC for DApp access, streamlining the process without relying on complex third-party applications. Some wallet users will only opt for fully open-sourced hardware wallets like Trezor, while there is plenty of debate around how much open-sourcing code really contributes to security. Some security experts advocate that open-source code is actually less secure as hackers Crypto Wallet Vs Trade are free to get into the source code and have a look around, making it easier for them to find vulnerabilities. Speaking of the mobile app, this is one of the things that makes the ELLIPAL one of the most convenient hardware wallets on the market. The Titan 2.0 feels like a great middle-ground product, striking a balance between the convenience of a software wallet but boasting the security of a hardware wallet.
Additionally, the wallet’s access can be further secured by establishing a directional swipe pattern, which must be entered correctly to gain entry to the device. Given that the Titan operates as a hardware wallet without an internet connection, it relies on interaction with the user’s mobile device. To initiate the setup, the Titan 2.0 will show you a QR code you can scan with your mobile phone that will take you to the app download in either Google Play or Apple App Store. This effectively isolates the Titan 2.0 and keeps it out of the reach of any known remote attack vectors. The mobile app is not a cause for concern as even if the mobile phone is breached with malicious software, the Titan is needed to sign and verify transactions, acting as a secure gatekeeper and keeping your funds safe. When comparing ELLIPALs to plastic hardware wallets like Trezor or Cypherock, I do feel a lot more confident in the physical durability of the appropriately named Titan.
By using only QR codes for transactions, the Ellipal Titan Wallet is very safe from hackers. Ellipal has put their codebase on QR code on GitHub, to increase trust among their users. The Titan’s ability to offline sweep paper wallets and import variable-length mnemonic phrases enhances its multifunctionality and versatility. The import private key feature is particularly beneficial for recovering assets sent to the wrong address without compromising wallet security, such as in the event a user mistakenly sends VET to an ETH address. I value the Titan lineup for its mobile app, enabling direct access to over a hundred DApps and Web3 features. The Titan 2.0 uniquely combines the convenience of a software wallet with the security of a hardware wallet, offering a notable edge over Trezor or Ledger.