Cypherock X1 dapp
Overview
Cypherock X1 is a hardware wallet for cryptocurrency storage that splits the private key into multiple shards across the device and a set of cards. It uses Shamir's Secret Sharing to ensure that no single component holds the complete key, requiring both the device and at least one card for transaction signing. This design aims to reduce the risk of single-point failure and theft.
Within the DeFi Intel graph, Cypherock X1 connects to 2 tracked entities, most strongly to Cypherock, Cypherock.
Relations
Top connections in the DeFi Intel knowledge graph (confidence-weighted, 2 of 2 total).
| Relation | Connected entity | Confidence |
|---|---|---|
subsidiary_of | Cypherock | 80% |
parent_of | Cypherock | 80% |
Frequently asked questions
What is Cypherock X1?
Cypherock X1 is a hardware wallet for cryptocurrency storage that splits the private key into multiple shards across the device and a set of cards.
How does Cypherock X1 secure private keys?
It uses Shamir's Secret Sharing to ensure that no single component holds the complete key, requiring both the device and at least one card for transaction signing.
What company is Cypherock X1 a subsidiary of?
Cypherock X1 is a subsidiary of Cypherock.