Review on Ellipal Cold Wallet 2.0 by Robiul Islam

Name: Ellipal Cold Wallet 2.0
Item: Ellipal Cold Wallet 2.0
Rating: 4

March 25, 2019

Ellipal advertises itself as the safest and most accessible all-in-one cold…

Ellipal advertises itself as the safest and most accessible all-in-one cold wallet on the market, one of the coolest things about this wallet it has two major components the hardware wallet itself which is a cold wallet, meaning that doesn't connect to the internet making it isolated and the Ellipal companion application which is actually the hot wallet and the portion that connects to the network, the companion app allows for exchanges trades and account management on your mobile phone anywhere anytime. I love the idea of the wallet being isolated from any network connection making it a safe option, I'm always a big fan of a wallet that is usable without needing to be plugged into a computer, like most tech though time will tell if I can stand up to the scrutiny of the community and if it can really stand behind says that it makes from a security standpoint all in all I like the wallet I like the price point and I think it's a good alternative option to the other major players in the space.
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Pros

It's a pretty neat aspect that allows the private keys to never touch an active network, so the wallet and theory should always be secure this is pretty important considering the whole idea of you having one of these wallets is so that your cryptos are secure, it's also quite competitively priced at 149 US dollars. Cool feature if the wallet detects any security breach all data will be erased automatically that's very useful.

Cons

The biggest hurdle with these newer projects are these newer companies is proving to the community and to crypto is as a whole space that they are safe secure and that they can stand up to any issues and stand behind all the promises that they make. I'm neutral on is the size and shape it's a little large it's like the size of a deck of cards well the idea I assume is that you're not carrying it around with you wherever you go, you probably wouldn't want to even if you could or you should because it's a little bit cumbersome it's not really gonna fit your pocket.