Cypherock X1 - Shamir Share Based Hardware Wallet (Seedless Backups)

A video that runs through an unboxing, setup and review of the Cypherock X1, Shamir Share based Hardware Wallet. (As opposed to standard BIP39 or SLIP39 seeds)

Buy Cypherock X1: https://shop.cypherock.com/ Buy Replacement X1 Cards: https://shop.cypherock.com/products/cypherock-cycards For a 10% discount, use code CRYPTO46487 at checkout.

00:00 - Intro 00:26 - Unboxing 01:28 - Initial Setup - Software Download 03:26 - Initial Setup - Pairing X1 Hardware 05:45 - Initial Setup - Wallet Creation 08:23 - Desktop Software Setup 09:17 - Receiving Funds 10:28 - Sending Funds 11:51 - Desktop App Settings/Overview 12:41 - Backup Card Tests 14:20 - Important Note Regarding PIN 15:08 - Restoring Existing Seed 17:35 - BIP39 Passphrase Support 18:50 - Replacing Lost/Locked Cards 21:09 - Documentation/Code Review 21:59 - Keylabs Audit 22:20 - Summary/Conclusion

If you are new to Crypto, my suggestion is that you start with buying ~$150 worth of Bitcoin, Ethereum, Litecoin @ Coinbase and get familiar with storing it, moving it around, etc.

For Trading, just start with Binance: https://www.binance.com/?ref=18111926

By sticking with large, reputable exchanges for your first purchase (Coinbase) and first trade (Binance) you can avoid getting scammed right at the start by purchasing a non-existing coin off a scammy exchange. (You would be surprised how many people fall into this trap)

Don't have a hardware wallet? Be safe and buy them direct from the manufacturer. (Not just through some random on eBay, Amazon, etc) Get a Ledger: https://shop.ledger.com/?r=5243ecbb8427&tracker=youtube (If you are just starting out, I would just recommend a Ledger Nano S)

If this was helpful, feel free to send me a tip: BTC: 37hiiSB1Poj6Shs8WawPS2HjT2jzHkFSQi BCH: qr9qenlgjh0xlyz802h70ul69rpdj8z6qyuh7m79ah LTC: MRWnUcsyofisVp5GvX7nxMog5caneycKZ6 ETH: 0xCe41d43349E1c8C53E02631650E236d94A899a95 VTC: vtc1qxauv20r2ux2vttrjmm9eylshl508q04uju936n ZEN: znUihTHfwm5UJS1ywo911mdNEzd9WY9vBP7

#bitcoin #btc #ethereum #eth #cryptocurrency #crypto #ledger #trezor #security ... https://www.youtube.com/watch?v=ci9HdUyBCnk