What makes BC Vault Hardware Wallet so secure?
BC Vault Hardware Wallet has many different security features, all necessary to ensure the security of your private keys. In this email, we will go in-depth about why certain measures were chosen instead of others, and how it affects users’ security.
BV Vault's security model:
Each and every wallet on your BC Vault is individually encrypted with a combination of a password entered on your computer and a PIN entered on your BC Vault. BC Vault uses industry-standard encryption algorithms and implementations. The specific of the implementation are not public as they would provide shortcuts to potential attackers.
In addition, you can specify a Global PIN and password, which adds an additional layer of security to your BC Vault, without which the device won’t even respond to public key requests. This ensures that even basic information such as wallet addresses are not exposed without your consent. A wallet’s private key is only decrypted when absolutely necessary (when signing a transaction) and not for any other function (like getting wallet addresses as in BIP39/44 wallets). After the required operation is complete the decrypted private key is securely erased from memory.
This means that in total you have following passwords and PIN’s available:
- Global Password – Used for unlocking access to BC Vault along with the device’s Global PIN. Entered in the application.
- Global PIN – Used for unlocking access to BC Vault along with the device’s Global Password. Entered on the device.
- Wallet Password – Used for sending currencies from individual wallets along with the Wallet PIN. Can be different for each wallet. Entered in the application.
- Wallet PIN – Used for sending currencies from individual wallets with along with the Wallet Password. Can be different for each wallet. Entered on the device.
All data stored in FRAM (and potential backups) is thus encrypted with a combination of all the aforementioned parameters. Your wallet private key is only decrypted when signing a transaction.
Do you have any technology-related questions? Feel free to contact our experts!
Learn more about the best TOP 30 hardware cryptocurrency wallets
You can see this list here.
TOP 29 Hardware Wallets, the Official Online Stores
| 1 |  | Trezor hardware wallet, the official online store |  |
| 2 |  | Ledger hardware wallet, the official online store |  |
| 3 |  | KeepKey hardware wallet, the official online store |  |
| 4 |  | BitBox02 hardware wallet, the official online store |  |
| 5 |  | CoolWallet hardware wallet, the official online store |  |
| 6 |  | ELLIPAL hardware wallet, the official online store |  |
| 7 |  | D'CENT hardware wallet, the official online store. |  |
| 8 |  | SafePal hardware wallet, the official online store |  |
| 9 |  | SecuX hardware wallet, the official online store |  |
| 10 |  | BC Vault hardware wallet, the official online store |  |
| 11 |  | BitLox hardware wallet, the official online store |  |
| 12 |  | Keystone hardware wallet, the official online store |  |
| 13 |  | ProKey hardware wallet, the official online store |  |
| 14 |  | NGRAVE hardware wallet, the official online store |  |
| 15 |  | Keevo hardware wallet, the official online store |  |
| 16 |  | GridPlus hardware wallet, the official online store |  |
| 17 |  | Ballet hardware wallet, the official online store |  |
| 18 |  | OPOLO hardware wallet, the official online store |  |
| 19 |  | Foundation (Passport) hardware wallet, the official online store |  |
| 20 |  | ImKey hardware wallet, the official online store |  |
| 21 |  | Tangem hardware wallet, the official online store |  |
| 22 |  | HashWallet hardware wallet, the official online store |  |
| 23 |  | Material Bitcoin hardware wallet, the official online store |  |
| 24 |  | ShieldFolio hardware wallet, the official online store |  |
| 25 |  | OneKey hardware wallet, the official online store |  |
| 26 |  | Blockstream Jade hardware wallet, the official online store |  |
| 27 |  | Cypherock hardware wallet, the official online store |  |
| 28 |  | Keepser hardware wallet, the official online store |  |
| 29 |  | NEXA hardware wallet, the official online store |  |
TOP 20 Best Metal Cold Storage Seed Phrase Backups, the Official Online Stores
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