Cryptocurrency Information Bureau News: A new era of self-management of Bitcoin! BitBox02 Nova, compatible with iOS and equipped with Bluetooth isolation function! #Bitcoin #BitBox02Nova #HardwareWallet
Video explanation
Attention Bitcoin beginners! With the new wallet "BitBox02 Nova", you too can safely manage your digital assets?
Hello, I'm John, your blockchain expert next door!
Recently, you may have heard the word "Bitcoin" more and more, but you may be thinking, "It seems difficult..." or "It doesn't have anything to do with me?" Today, we have some very important news for beginners who are starting to get interested in Bitcoin. That's because we have a new "wallet" for safely storing Bitcoin, called "BitBox02 NovaNews that " has appeared!
"A wallet? But Bitcoin doesn't have a physical form?"
Don't worry, don't worry! Today, I'll explain it in an easy-to-understand way so that you can easily solve such questions. By the time you finish reading this article, you should know a little more about how to safely manage your Bitcoin!
First of all, what is "Bitcoin"?
Before we get into the main topic, let's first do a quick review of what Bitcoin is.
In a word, Bitcoin isDigital money that can be used onlineIt's like a currency that is used by people all over the world to exchange value directly. Unlike the Japanese Yen or the US Dollar, it is not issued or managed by a country or a bank (for example, a central bank like the Bank of Japan in Japan), and its main feature is that it has no specific administrator. It was created using P2P (peer-to-peer, a system for direct transactions between individuals) technology and a system called blockchain (a technology that links transaction records like a chain and manages them together).
It feels like "something from the future!" When you get this bitcoin, the next thing you think about is "where to store it."
How to store Bitcoin? The role of a "wallet"
A place to store digital assets such as Bitcoin (also known as crypto assets) is called a "cryptocurrency."WalletJust like how we normally put cash and cards in our wallets, digital currency such as Bitcoin is also stored in a special wallet.
There are several types of this wallet.
- Software Wallet: It runs as an app on your smartphone or computer. Its advantage is that it is easy to use.
- Web Wallet: It is used on an internet browser and is easily accessible from anywhere.
- Paper Wallets: A Bitcoin address and private key (similar to a key to a safe) are printed out on a piece of paper and stored.
- Hardware Wallets: The main character this time! A dedicated physical device for storing bitcoins.
Each has its own advantages and disadvantages, but if you are particularly concerned about security, "hardware wallets" are gaining attention.
The Strongest Safe? What is a "Hardware Wallet"?
A "hardware wallet" is a device designed to safely store digital assets such as Bitcoin offline (not connected to the Internet).Specialized small machineThat is what I mean. Many of them look similar to a USB memory stick.
You might be wondering, "Why offline is better?"
If your Bitcoin is stored on a computer or smartphone that is always connected to the Internet, there is a risk that it will be stolen if it becomes infected with a virus or is hacked (unauthorized access by bad people).
However, hardware wallets isolate and store the most important information required for Bitcoin transactions (called private keys) within the machine. And approval of transactions (signals saying "This transfer is OK!") is also done within the machine. Therefore, even if the computer you are using is infected with a virus, the chances that your Bitcoin itself will be safe are greatly increased. It's as if...Your very own super strong safeIt's like this.
A new face to look out for! "BitBox02 Nova" is here!
Now, here comes today's main topic!
Swiss company Shift Crypto has released a new hardware wallet, the BitBox series.BitBox02 Nova” has been announced!
This BitBox02 Nova is specifically designed to store Bitcoin as aSelf-custodyIt is an evolved model that is easier to use and safer for those who want to "securely manage their digital assets." "Self-management" means managing your digital assets responsibly yourself, rather than entrusting them to a third party such as a bank or exchange (a place where you can buy and sell Bitcoin, etc.). It is the idea of having your valuable assets completely under your own control.
So what's new and exciting about the BitBox02 Nova?
Great new feature 1: iOS support! Great news for iPhone users!
Previously, BitBox02 was compatible with Android smartphones, but with the new "Nova" version,Also compatible with iOS (the operating system used on Apple's iPhone and iPad)Did!
This means that iPhone users can now use the dedicated app "BitBoxApp" to more easily connect to BitBox02 Nova and check their Bitcoin balance and send and receive Bitcoin. This will make it easier for more people to use a secure hardware wallet!
Great new feature 2: Safer Bluetooth connection! What is "Bluetooth isolation"?
The BitBox02 Nova can be connected to a smartphone using Bluetooth (a familiar short-range wireless communication technology that wirelessly connects smartphones and earphones). It's convenient to be able to use it without cables.
However, some people may be concerned about whether wireless security is safe.Bluetooth isolation" This is the technology.
This is a design that physically separates the chip that processes Bluetooth communication from the chip that handles the most important security functions (such as managing private keys), making them independent of each other. The idea is that even if some problem occurs in the Bluetooth communication part, it will not affect the core part where the important private key is stored. This aims to achieve both convenience and strong security. To put it in perspective, it's like having another door to a safe in addition to the front door of a house.
The same strength: Robust hardware security and self-management support
The BitBox02 series has always been known for its high level of security, and the Nova also maintains the same robust hardware security.
- Secure chip included: It has a dedicated chip (like the heart of a safe) that safely protects your private keys.
- Open Source: The design of the wallet and the source code of the software (program blueprint) are publicly available, allowing experts to verify them. High transparency also leads to reliability.
- Backup and Recovery: In the unlikely event that you lose or damage your device, your bitcoins can be restored with a simple backup function to a microSD card or by using a recovery phrase (a sort of recovery spell).
These features provide strong support to users, allowing them to "self-manage" with peace of mind, which is one of the major attractions of BitBox02 Nova.
Summary of BitBox02 Nova's main points
There's quite a lot of information now, so let's summarize the great things about the BitBox02 Nova!
- ✨ Easy to use for iPhone/iPad users too!: The long-awaited iOS compatibility allows for smooth integration with Apple products.
- 🛡️ Bluetooth connection for added security: "Bluetooth separation" technology combines convenience and security.
- 🔑 Your assets are yours: Designed to strongly support "self-management."
- 🔒 Ironclad Defense: Protect your valuable bitcoins with proven hardware security.
- 😌 Beginner-friendly: Simple operation and easy-to-understand backup functions.
A word from John
New technology is so exciting! I think it's great that products like the BitBox02 Nova we introduced this time are being released to make Bitcoin safer and easier for more people to use.
When you hear the term "self-management," you might think it sounds difficult and a heavy responsibility. But it means protecting your valuable assets yourself. Tools like BitBox02 Nova will be a reliable companion for that purpose. Let's learn how to manage your money in the digital age, little by little!
This article is based on the following original articles and is summarized from the author's perspective:
BitBox Announces BitBox02 Nova, A New Hardware Wallet For
Bitcoin