NGRAVE - The Coldest Wallet Explained By CEO Ruben Merre
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- Опубліковано 12 тра 2020
- Introduction of how NGRAVE helps you secure and manage your digital assets by Ruben Merre.
Revealing the ZERO hardware wallet and GRAPHENE backup solution.
Pre-orders start on Indiegogo, May 26th 2020
Join the Waiting List here: www.ngrave.io/subscribe - Наука та технологія
Lijkt me een geweldig product! Sta ingeschreven en volg jullie sinds vorig jaar. Erg Benieuwd naar de prijs....
Dag Bas, de prijs is aangekondigd hier: twitter.com/ngrave_official/status/1262771217108525057?ref_src=twsrc%5Egoogle%7Ctwcamp%5Eserp%7Ctwgr%5Etweet (voor de combo ZERO + GRAPHENE)
@@NGRAVE dank je, ik zag m gisteren inderdaad al voorbijkomen.
Ideas and even product are a great first step. Trust is the biggest thing to achive .
Good luck to Ngrave. Bcuz looks interesting
well spoken and explained in time with visualization of the complete device set up very well done
Can’t wait to get this I think we’ve all been waiting for something like this thank you 🙏
Thanks for this video! Mine is arriving today and can't wait to set it up 🙂❤
Amazing solution!
Zalig! Heel mooi product, heel veel succes met je bedrijf!
Super bedankt, Jimmy! We werken hard elke dag aan jullie veiligheid en gebruikerservaring! :)
Top product tot nu toe!
Hi, a very important question, if I have two ngrave wallet devices , and I perfectly start generating a private key in both devices at the exact same time, and then I press freeze on both devices at exactly the same time, do I get the same private key in both devices? Just want to make sure every device will make different private keys even though we press freeze at exactly the same time.
Placed my order today!
The revolution has started !
Stay cold ppl!
God speed!
Great to hear that! Welcome to Batch ZERO!!
Excelente Ruben!!
Which part on NGRAVE is open source?
Just ordered mine hope to get soon before they run out!
Amazing! Full support guys!
Thank you! :-)
Can I use Zero wallet if I only have a chrome book laptop?
So what do you do with that gigantic steel panel?
Machtig! Ik wil zeker een paar kopen ;)
please do! :-)
Amazing
#1 CRYPTO PRODUCT imo.
Got yours yet lol...?
Hi, if somone tampers with the device, the keys are wiped right? Are the funds still recoverable through the backup key? And ifso, I would need to purchase another ngrave?
Hi! Yes, your funds remain fully recoverable with your backup key. If you still have the ZERO, you can indeed import your backup and all your wallets will be restored! No need to purchase a new wallet.
so the metal plate is the same for everyone? so if someone finds the underlying part and has the top part he can figure out the private key? or does the top part also change for each device?
The top plate is unique for every time we send one out. So your GRAPHENE top plate is always unique. More info: The GRAPHENE consists of two separate stainless steel plates that together make up a cryptographic puzzle. The key can be reconstructed only by combining the two plates together. Each upper plate is also unique for each user, and recoverable in case of loss. NGRAVE has no information about your key, as we have no knowledge about your lower plate.
Read here: medium.com/ngrave/ngraves-graphene-is-an-encrypted-and-everlasting-backup-for-your-private-keys-1eb3ab281a6c
Watch here: ua-cam.com/video/CXurP-gsHYY/v-deo.html
Do you have open source code or not?
It's on its way!
I wanna know if someone gets your private keys would they still need the pin code and finger print or would it be compromised?
If someone has your private keys, it's game over...
Very impressed
Why thank you :-)
So are the digital coins for example BTC actually stored on the NGRAVE device? or just the private keys?
The private keys. The digital coins are stored on the addresses linked to those private keys and can only move once approved by the private keys, which are kept offline on ZERO.
is the in-built battery high quality and prone to overheating? will it still work if I drop it accidentally? does this product come with a warranty?
Yes, this is the case. The operating temperature is below the freezing point, and also comfortably works above 60 degrees Celsius if you'd want to try that out. If you drop it, generally the device should still work, but you can compare it with a stronger smartphone: the idea is to not just drop it. That's also why your backup GRAPHENE is important. The product comes with a warranty yes!
liquid app on a not activated cellular phone using said phone on a wi/fi connection Only ,would that work ?
Why isn't there a liquid desk top app available ,,, My Two Thoughts ...
As long as you can download our official LIQUID app from the Apple app store or Google Play store, you can use it. We've also gotten requests for a desktop app. Our team is analyzing that possibility.
hello it seems to be a really nice product and I want to get one but is there a real difference
between the early bird and the IGG special and which one should I choose
Hi Fred, the difference is the price. Of the early bird 2 combo, there are currently 10 left, when this one is sold out, you can purchase the IGG special, which is a bit more expensive. Long story short: go for the early bird! And keep us posted if you have any questions at all.
Does the wallet support ' fresh addresses' everytime we send funds to another wallet, do prevent public key exposed on the blockchain?
yes, this is an option!
I am patiently waiting on May 26!
(Hope I win the contest lol)
God Speed!
Thank you for your kind words! :)
Details of the contest??
Not at all. Shipping date keeps getting pushed back so we might not see this product until 2022 or..... yea
did you receive on after 26may
@@quickcinemarecap lol have not received anything! I'm looking into something else now (keevo). Seems like covid is the blame for everything now-a-days.
Yea yea, display shows something. Where is the source code?
How are updates pushed to the wallet? Is there a USB connection?
Hi elchris9k, there is a USB-C port for wall charging and firmware updates. The USB is isolated in a separate boot mode contained within the EAL7-certified secure firmware part of our device. This means that to enable USB, you have to reboot the device. In this ‘update’ mode the device will only receive packages. The USB will be sandboxed from any other part of the device. The secure firmware will check the new package for its genuineness. EAL7 certification removes all vulnerabilities (EAL7 is the highest security certificatin in the world): bit.ly/2XrxI5b.
Just interested in knowing what coins/tokens are able to be stored on the NGRAVE Zero. Eagerly looking forward to the release date.
Hi Donald, coin support is explained in this video: ua-cam.com/video/OJ3DttreUPA/v-deo.html
..and you can find the coins we guarantee to support upon shipping (+ ERC20 tokens) here: www.ngrave.io/products/zero
How do you update the Ngrave wallet? Is it possible to move the microchip of the engrave wallet to another board in order to extract the cryptocurrency in it ?
1) There is a USB-C port for charging and firmware updates. The USB is isolated in a separate boot mode contained within the EAL7-certified secure firmware part of our device. This means that to enable USB, you have to reboot the device. In this ‘update’ mode the device will only receive packages. The USB will be sandboxed from any other part of the device. The secure firmware will check the new package for its genuineness. EAL7 certification removes all vulnerabilities: bit.ly/2XrxI5b.
2) It is not possible to move the microchip out of the wallet; it is multi-layered tamper proofed against physical attacks, up to the highest level. Also, the EAL7 certified secure OS (highest in the world) also monitors attacks, and will wipe the keys.
Lijkt me een cool apparaat volg jullie al van vorig jaar en kijk wel uit naar de lancering zal dit apparaat ook ark ondersteunen? Veel succes met de lancering.
Hi! ARK is not on the list (yet) to be supported by launch. However, if it doesn't make it by the shipping, it is sure above the list to be integrated. Thanks for your support!
Ordered! This is to wallets what protonmail/tutanota is to emails
awesome! ;-)
Hi! Does it allow to generate multiple receiving addresses?
Of course!
I just received mine today. Do I need to update the firmware immediately to see all supported tokens?
Hi Ramon, you can simply tap on "Add coin" and type in the coin you want to add to your wallet. We will notify you of new firmware updates very clearly whenever they are available and generally, these will include new coin support.
do you have plans to support Rabby or Metamask wallets? or any other watch only wallets? at least I can connect my ledger to other independent wallets so Ledger does not try to use analytics on my holdings and usage patterns etc. otherwise there is a big privacy flaw and that super secure chip you're using will not help when some laws will change and you will be pushed by your investors to do the same stuff as Ledger is doing right now. from “Own your crypto” to “Lets talk about the advantages of sharing your seed phrase with us” in a matter of 1-2 years. ledgers chip was never hacked and what?
Hi Ivan, we are in the final innings of our integration with both Metamask and Rabby, and have created a clearly defined QR-code standardized format for the industry. This means that other hot wallets will be able to use our sdk to seamlessly integrate these QR-codes on their side, ensuring smooth interactions with ZERO. For Metamask and Rabby, we expect to launch this July/August of this year.
Amazing news!! Thank you for this
the security is great and all, you've done a fantastic job on it. but I wonder how long will this device last? this has 1200mah battery. how long does the battery last on stand by? can you keep it and not use it for years and will it still be in a good condition? I plan to hodl my coins there and wait for the right time to use it.
Hi Pro Gamer - the usage is about 500mah per hour, so you can use it intensively for around 2 hours and you can charge it (in the wall). The battery is smartphone-grade, so even it you'd be using it daily on a regular basis, after 2 years, it would still run at 90% capacity. If you wouldn't use it for a long time and then turn it on again, this would be no issue either. Do note of course, that the real place to back-up your keys is on GRAPHENE, a non-electronics based backup solution that is really ment to be the long term storage of your seed. Hope this helps!
Since there is no connectivity, how do you push software updates?
Hi Steven, there is a USB-C port for charging and firmware updates. The Air-gapped feature and feeling of the ZERO is that you remain fully offline and unconnected when 1) creating your master key and accounts and 2) signing transactions. Our advantage is that the USB is isolated in a separate boot mode contained within the EAL7-certified secure firmware part of our device. This means that to enable USB, you have to reboot the device. In this ‘update’ mode the device will only receive packages, and the USB will be sandboxed from any other part of the device. Afterwards the secure firmware will check the new package for its genuineness, display a warning if it’s not, and otherwise boot back in normal operating mode with USB transfers fully disabled again. We are not any less secure than other solutions that allow updates through SD cards, but we do have a higher security certification than them (EAL7), and USB is less cumbersome.
This is amazing if I can actually create a soft wallet right in the item no need to go to my mobile and go back again.
Excellent solution👌🏻
are there other alternative backup besides graphene?
You will always receive a paper wallet with the box (both ZERO only, and in the combo box as well). This paper is protected against shredding and water spills, so a neat upgrade compared to incumbent's paper wallets. We highly recommend GRAPHENE though as it is the only solution in the market that is not only very durable, but also encrypted, and recoverable in case of loss...medium.com/ngrave/ngraves-graphene-is-an-encrypted-and-everlasting-backup-for-your-private-keys-1eb3ab281a6c
Does it support all Cryptocurrency? If No what is the actual number of coins can this device hold?
Hi! There is no limit to the coins we can and will support. The memory is over 1GB and the cryptography is already in the device. The following coins will be supported upon launch: Bitcoin, Ethereum, XRP, Bitcoin Cash, Litecoin, EOS, Binance Coin, Tezos, Stellar, TRON, Ethereum Classic, NEO (and NEP5 tokens), Dash, Zcash, Dogecoin, Bitcoin Gold, Bitcoin Diamond, DigiByte, Aeternity, Groestlcoin, Kusama, Polkadot, Elrond and all ERC20 (1000+) tokens. Have a look at our CEO Ruben Merre explaining it right here: bit.ly/36sbiVw.
I want one of these - wow
You should ;-)
Will this allow staking to be collected? That is the only possible con I could think of imo. This seems common with cold wallets and was wondering if you guys found a way to have all this security and allow people to continue staking. Love your work. It’s truly amazing
Hi Sean, thanks! We are indeed looking into staking at the moment, as we see strong demand for the feature.
NGRAVE amazing thank yoy
Looks cool. For future reference though, music both too loud and sounds like an action movie or game soundtrack, maybe not the best fit.
How do we change the battery?
Hi Logic, as this is a security device, the battery cannot be changed. The device is multi-layered tamper proof against physical attacks, so it would defeat the purpose. However, the battery is an ultra-efficient power resource and it can be charged by using the ZERO's USB port for wall charging. In the event there is a malfunctioning of the battery, there is always the warranty period as well!
Except for the « Graphene » solution to back up your private key which is good, I don’t really understand the fondamental difference between a Ledger and a Ngrave « Zero ». The main difference seems to be about the way the private key is generated ? Is it ?
Hi Gabriel, the short version is that we approach security from a different perspective: end-to-end; whereas ledger and trezor basically stop with the hardware wallet , and then give you a paper wallet as a backup, we have taken the end-to-end mindset answering all the "what-if"s: we give you a ZERO, then in case you lose that ZERO, there is a metal, encrypted backup (also the first recoverable in the industry) - GRAPHENE - and even if you lose your backup, we made it recoverable. Finally, even if you pass away tomorrow, (unfortunate), your next of kin has a means of getting to your keys without any third party (not even NGRAVE ) knowing what your key is (note that the latter will be implemented after October 2020).
Regarding the ZERO itself: it is 100% offline (so no more usb, bluetooth, or any other network connections), so the last remaining attack vectors are gone completely. Also the peace of mind is of a whole other dimension: you never feel online so you never need to feel anxious about using your device. For physical attacks; we have also tamper proofed the device on many, many different layers (yes, we also have a secure element, from 2020), and finally, we have our overarching OS certified EAL7, the highest in the world; eg ledger nano x has 5, and only on the secure element level.
Finally, all of this is designed and packaged in a beautiful touch screen device, intuitive, easy to use, and because of the 100% offline aspect, a whole new leve lof peace of mind (as already mentioned). You can find an elaborate comprison with ledger and trezor on our zero product page: ngrave.io/products/zero
NGRAVE thanks for the quick and complete answer. Your product is really promising and bring new interesting features compared to other hardware wallet. The 100% offline feature is the major one from my point of view, even if you improve in a substantial way issues or difficulties encountered by other cold wallets with your graphene solution.
I’ve seen in another of your videos that the Zero support the passphrase feature.
Is there a kind of passphrase associated to your « perfect key », or is it for imported wallets with « classic » recovery phrases only ?
@@louferlou8752 Hi Gabriel, the passphrase can be used both for mnemonic wallets as for wallets based on the perfect key. In essence, the perfect key and mnemonic 24 word phrases can be converted into each other by the device. The main premise of the perfect key is that its format allows for key manipulation and user interaction during the generation process, it makes it possible to completely split up the key on the Graphene, etc. But so, in conclusion, you can use a passphrase with the NGRAVE Key as well :)
NGRAVE thanks again. One more « Sign Up » for you guys, just 2 days now from the launch. Wish you the best, keep working hard and hopefully France with Ledger and Belgium with Ngrave will become the places to be in the future, in matter of protecting what is really ours... ;)
what if the graphene plates are wrongly positioned?
Then you won't be able to see the pattern you created; so you'll just place it differently and see your pattern (don't worry, you can't put them wrong on top of each other the moment you make your backup), also check our tutorial videos at Ngrave.io/getting-started
does it support all cryptos and tokens
Hi Tleo, we support a significant number of chains and tokens. You can find the full list in this video: ua-cam.com/video/OJ3DttreUPA/v-deo.html
This list is confirmed to be on the device when we ship.
Is it compatible to move crypto from coinbase?
Hi Kimberly, yes it is!
How would this system work with Coinswitch?
Coinswitch works as an exchange. After having used this service, you could choose to transfer your swapped tokens to your ZERO (using the public key on your ZERO or mobile app).
Token swap is a feature we would like to integrate in the future. This is great feedback, thanks
Hello, is the NGRAVE manufactured in China? I’ve heard a few sketchy reports of the Ellipal just intercepting transactions somehow and the company refusing to refund customers, or the Cobo vault terms of service actually stating that they reserve the right to log all transaction data and share it with the Chinese government.
Hi Kermit, the NGRAVE ZERO and all other NGRAVE products are manufactured and assembled in Belgium, Europe.
@@NGRAVE thanks for the quick reply! I’d like to buy one today, but am curious if your websites estimate of delivery in July is accurate, or if it may take longer?
@@ThisTall Hi Kermit, we will be shipping the majority of pre-orders in May and the last part in June. So we do believe that, say, mid to end June will remain the target date for new orders.
You replied one of your answer to a comment, that if you lose your ZERO and also the metallic plate, there is also another way to get your crypto back. Could you elaborate please?
Also with the one way QR code your information will be sent to your phone, displaying all your crypto and their current value on the market? So everytime you send or receive crypto, you would need to sync it to your phone using the QR code for the information on the phone to be updated?
And one more thing. You would only need you phone to basically have your information compared to the current market value, etc, but it's not necessary to make any transactions, correct?
1. You can read more about that mechanism in the following post where we talk posthumous recovery with chainlink. We can also use this mechanism for you to recover your bottom plate yourself. Here is the post: medium.com/ngrave/safety-beyond-the-grave-through-chainlink-and-ngrave-7bcfd2fcd37b
2. You only need so communicate your addresses once to your app, i.e. share with your app the accounts (public keys). Your app will then have real time access to the blockchain to anything that ever happens to these addresses in a real-time fashion. So one QR code allows you to have real-time updates on all your crypto addresses.
3. You need your phone, more correctly you need the app (or any third party solution that can interface with the ZERO). You initiate a transaction on your app and ask your ZERO to sign it (via the QR codes). You can find out more in this video: ua-cam.com/video/KWXIxjL4iws/v-deo.html
Thank you. This is a really excellent product. About twice more expensive than regular wallets, but I can see why, you get what you pay for. As soon as you have support for Cardano ADA, I'll buy 👍🏻
@@Kazvm4 Super. We'll add it soon, so stay tuned!
Please make a video what coin are able to stake in NGrave zero wallet. Am planning to get one. Thank you
Hi there! Staking is not possible at the moment. Take a look at our roadmap: ngrave.io/roadmap
If it's completely air-gapped then how do you update the software on the device in the future?
Hi Matt, there is a USB-C port for charging and firmware updates. The USB is isolated in a separate boot mode contained within the EAL7-certified secure firmware part of our device. This means that to enable USB, you have to reboot the device. In this ‘update’ mode the device will only receive packages. The USB will be sandboxed from any other part of the device. The secure firmware will check the new package for its genuineness. EAL7 certification removes all vulnerabilities: bit.ly/2XrxI5b.
@@NGRAVE I see. I really like the idea of your product and I'm sure the software update is secure, but there is definitely some confusing/misleading marketing language happening on your end. For instance on your fundraising page: "The NGRAVE ZERO is a fully offline device, providing the most extreme form of protection against online hackers. As the ZERO never needs to connect over USB, Bluetooth, NFC, Wifi, 4G or any other network connection, hackers simply cannot even attempt to steal your crypto."
@@mattcaps For any kind of regular use of the device, you do not need a connection, ever. So for creating your keys and wallets, syncing accounts, signing transactions, you name it, you do not need anything. If you want to upgrade your device, that is something else. You do not need to upgrade your device, but likely you will want to. To make sure that this is not an attack vector for hackers, we decided to also go to the extreme here. We certified the secure OS that handles a.o. firmware updates for EAL7, the highest security certification in the world. Other wallets maybe receive an EAL5+ or in extreme cases an EAL6 on their secure element (one component) level. We have it for the full overarching OS. That is how serious we take your security. Also, the USB is sandboxed and only available in that special boot mode for firmware updates.
@@NGRAVE I think this is fair and makes sense
And the battery, how it charger?
Hi Oszkár, there is a USB-C port for charging and firmware updates. The Air-gapped feature and feeling of the ZERO is that you remain fully offline and unconnected when 1) creating your master key and accounts and 2) signing transactions. Our advantage is that the USB is isolated in a separate boot mode contained within the EAL7-certified secure firmware part of our device. This means that to enable USB, you have to reboot the device. In this ‘update’ mode the device will only receive packages, and the USB will be sandboxed from any other part of the device. Afterwards the secure firmware will check the new package for its genuineness, display a warning if it’s not, and otherwise boot back in normal operating mode with USB transfers fully disabled again. We are not any less secure than other solutions that allow updates through SD cards, but we do have a higher security certification than them (EAL7), and USB is less cumbersome.
what happens when it is need a firmware update?
Hi Oszkár, there is a USB-C port for charging and firmware updates. The Air-gapped feature and feeling of the ZERO is that you remain fully offline and unconnected when 1) creating your master key and accounts and 2) signing transactions. Our advantage is that the USB is isolated in a separate boot mode contained within the EAL7-certified secure firmware part of our device. This means that to enable USB, you have to reboot the device. In this ‘update’ mode the device will only receive packages, and the USB will be sandboxed from any other part of the device. Afterwards the secure firmware will check the new package for its genuineness, display a warning if it’s not, and otherwise boot back in normal operating mode with USB transfers fully disabled again. We are not any less secure than other solutions that allow updates through SD cards, but we do have a higher security certification than them (EAL7), and USB is less cumbersome.
What happens if you lose the upper plate and the company goes bust?
Great question! If you have a functioning ZERO, you can still access your seed phrase. Learn more hypothetical scenarios if NGRAVE goes out of business in this article: www.ngrave.io/en/academy/what-if-ngrave-goes-out-of-business
Can assets be recovered on other brands of wallets. Code didnt look like bip 39. Just incase Ngrave stops business and closes down. Its beautiful device just concerned wont be able to recover on different brand of wallet.
I want to know too
@@aaronb1188 Hi Stevo and Aaron, absolutely. The Perfect Key follows the exact same logic as any other hardware wallet. It just uses the interchangeable format of 64 HEX - 24 words - 256 bit. You can by the way also create a 24 word mnemonic seed if that is what you prefer, although you'll soon notice that the 64HEX Perfect Key comes with many advantages, especially on the security side. This article gives you a great overview of when NGRAVE would indeed go out of business: www.ngrave.io/en/academy/what-if-ngrave-goes-out-of-business. Hope that helps!
This is dope af ... I’m just curious , will one be able to transfer their coins from other wallets like blockchain or Coinbase with ease ? And how would one go by doing that ?
Hi Moflex! Yes exactly, you will be able to easily transfer coins from any other wallet to your ZERO. You just have to create a wallet or account on ZERO and then send the funds to it (ideally you white list your ZERO addresses on your Coinbase account, so that transfers are swift and easy).
@@rubenmerre859 ... I’m sure this is a new product and I’m looking forward to using it ... however I do hope more tutorials will come out , to make it easier for users
@@moflexmusicinc.6060 We will be launching a whole set of very clear tutorials in a few weeks from now :)
At 5:25, fingerprint steps are skipped with touch screen press
I can see why you would think that yes :D
So how about newer defi coins?
We are continuously adding new coins, you can find the latest list at our product page of ZERO on the website. Every new release/firmware upgrade, we add more tokens ;)
Hello, are the APP and the physical wallet multilingual (Portuguese)? Thank you and stay well
Hi Manuel, the first version will be in NL/FR/EN/ES - so the closest to Portuguese will be Spanish and French. We will of course add many more languages over time.
@@NGRAVE It's ok. I will buy one ! I am Portuguese and I live in Portugal (EU) but you should take into account that one of the biggest communities that deals with the Crypt market, is Brazil and they in a great majority do not speak English and or Spanish or French. Your product seems to be what was really missing in the Crypt world, but it would be great if you focus on Portuguese and add a visa card for withdrawing Fite currency all over the world, connected with Apple Pay and Google Pay. think about it ! They ask to have the greatest success if they apply everything that I write to you here! Thank you for existing, a big hug and Stay Well. SUCCESS !!!
ALSO ... they could create a film (in protective glass of the screen) like the ones that exist for Smartphones. Or a Leather or Silicone wallet in Book format, to protect the Screen.
@@manueldavidribeiropereira6669 Thanks so much for these feedback points. They are all very relevant and we'll make sure to include them in our way forward!
@@manueldavidribeiropereira6669 Totally!
What happens if you lose your ngrave. How do you get your crypto back?
Hi Alfie! First of all, always make sure to have made a backup of your master key (one key from which all your accounts are created from). If you loose your ZERO (hardware wallet), and have made a backup, you will be able to import your master key into your ZERO and this will recover all your accounts.
Your backup is the most important part. This holds all your keys to your crypto. Therefore we introduced the GRAPHENE, which is a stainless steel cryptographic puzzle consisting of two parts (7:06)
@@NGRAVE Following up on your answer, if the Zero is lost or damaged, is the only option to purchase another Zero? Or would I be able to use recover my cryptocurrency using other hardware wallets?
@@InfiniteBlueWaves We are indeed compatible with other hardware wallets. So no need to purchase another ZERO if you prefer otherwise.
@@NGRAVE Ok, good to know that there's that option. Thanks. : )
@@NGRAVE and how you can import the zero secret codes if other crypto hardware support only mnemonic seed ?
Is it full open source?
Hi Mimir, part of our technology is currently closed source. This is the case for most hardware wallets (eg. the secure element chip is per definition always closed source today). However, and this is the great part, with NGRAVE, your security is very intuitive. For example, when you create your seed in the very first step, you will make it together with the device, and truly make it your own, so that you intuitively understand that NGRAVE nor anyone else can possibly know your key. The same goes for signing transactions: we use verifiable QR-codes that you can scan with any device to see if we hide code in there, so you have a white box versus USB and Bluetooth, where you don't really know what you are signing. Hope that helps! In the meantime, we are working on a roadmap to go towards open source as much as possible.
I signed up an will very likely buy a couple of these. One question : is the software open source?
Only part of it, but we aim to evolve into more open source over time.
@@NGRAVE Then what is to stop you from installing a backdoor and taking all my Bitcoin?
First of all, we believe strongly in the benefits of open source. But we also have to consider its limitations. The security principle of having many eyes checking our code only holds if there are many people looking at our code and reporting issues. Unless we have a large and active user base, there is a significant risk that zero day vulnerabilities do not get disclosed. For this reason, we decided to gradually open source our device. To understand our reasoning, you have to understand the overall security design of our inner working: There is a non-secure firmware taking care of peripherals such as the touch screen, and the secure firmware authenticating the non-secure OS and providing the operations for all security related operations (secure storage, signing, key creation with TRNG etc). We have tried to find the best solution for the secure firmware, and we decide to partner with the only player in the worlds offering EAL7 certified firmware. This means it is the most extensively tested firmware ever and it is impossible even for us to tamper with part of our device. Furthermore, we also use a secure element for storage of the most sensitive data, which we also are not a freedom to open source.
Our secure firmware gives us the option to replace functions ourselves with applets running within that secure OS. Once we release, we plan on gradually rewriting all parts currently covered by the proprietary OS ourselves and open source those applets one by one.
Also keep in mind that the operational nature of our device is such that all sensitive communication happens over open (unencrypted) QR codes anyway, which are easy to verify by their nature. Since the key creation is done in combination by EAL7 verified secure firmware and parts of the non-secure OS that we will open source, and that transaction happen over QR code, we believe we combine the best of both worlds.
Finally, we will also release the code of our mobile app at launch, which will contain all details about how we use the QR codes. This way, it is easy for anyone to understand how we use them and to re-use our logic there for any integration on another wallet or web service that they want.
NGRAVE
Thanks for taking the time to write such an in depth answer.
So far, your completely airgapped, tamper proof solution and two part metal backup keys look super strong to me, the “not 100% opensource” part looked like the only downside to me.
But it seems like you did give that a lot of consideration and this does sound safer - at least until you have build a bigger community of people who will report possible attack vectors.
I’ll be honest and admit I have never heard about EAL7 certification. I’ll look into that.
Where can I learn more about that standard?
@@blockchaintutorials9009 , you can find our CTO talking about it in this video: ua-cam.com/video/xM0qgWlHErI/v-deo.html ; you can also find more on it on wikipedia, the website of the common criteria, etc.
Does this have factory reset feature?
Yes!
So meaning we can reset it as many times as we wanted w/o causing any problems to the device? Another is, can we create accounts as much as we can?
@@shaned7545 yes, you can reset it as much as you want; you can also create as many accounts as you want!
interesting device.
purchased this a long time ago -have been told it was to be sent last year then Jan then Feb now they are saying April
Is this product legit?
Have i been scammed?
Hi JH, as answered on your previous comment: you have not. You can find our latest shipping update here: ua-cam.com/video/k8DpHVNfkFE/v-deo.html + you should have received an email with the updated status. We are very close to delivery, which will start mid-April.
@@NGRAVE ok thank you
Yes i did receive the email
This is neat. I love the attention to detail. I think I'd still be reluctant to use the metal plates for backup though as the security of the backup depends entirely on keeping the two plates apart, and they don't seem like the easiest things to hide!
I'm thinking this could be improved by splitting the upper plate into eight sections. Number them from 1-8, then I can arrange them myself (I just need to remember the order)
This is great input! We could release different types of backups in the future based on what people want 👍
I'd be down with splitting them up too. I'd prefer 4 parts personally, but 8's doable too imo. Hide them in separate places.
@@jackofthecoke just so you know, the plates are actually already very modest in size - they are A5 format (half of an average sheet of paper), so about 148 x 210 mm (5.83 x 8.27 inches); that's pretty small and easy to hide ;)
@@NGRAVE You should randomise the alphanumerics on the top steel plate, perhaps 30 (or even better, un undisclosed amount) different plate arrangements and randomly provide one of those plates to your customer. That way it would be difficult to determine the key if the bottom graphene plate was found with the associated NGrave device. At this stage, I assume you could simply purchase the default top key plate and work out the secret key IF you had the device and graphene bottom plate.
@@CS-pw3xy Hi Caleb, every upper plate is completely randomized, with a similar process as for generating private keys. This means that there are not 30 different upper plates, but 10^80. Hope that makes it more clear. Every column is fully scrambled with the values 0-9, A-F.
So how do you actually upload transactions to the blockchain? With the app?
You can see Edouard explaining this in detail in this video: ua-cam.com/video/KWXIxjL4iws/v-deo.html. In essence, you initiate a transaction in the app and define the parameters: from address, to address, amount, gas fee. You then convert this transaction request into a QR code that you can scan with your ZERO (which has a camera). On your ZERO, you can first verify the transaction request (are all parameters still the same), then sign the transaction, and the device will then generate a QR code of the signature. Your app can scan this code, and send the signature to the blockchain. The latter will only accept validly signed transactions. Moreover, the QR codes never contain any data on the private keys. So you are totally safe.
@@NGRAVE I see, that's pretty cool. Thanks for the quick response!
@@helpmelivebros737 Our pleasure!
@@NGRAVE this is very cool, Definitely like it. However, when will it be released? We noticed a lot of comments saying they've been waiting for a long time to receive there's... for sure June?
@@impactgenerationz7340 Hi! In perfecting the wallet and industrializing it during Covid-crisis we have taken a little longer to bring it to market. We are currently finalizing the last firmware version while all devices have been delivered. So in the coming days we will start flashing and shipping devices. For new orders, best to expect end of July as delivery time. Note that we have a limited batch for 2021.
$485 is too high for my budget :(
And that's with the 20% discount
Im waiting 9 months still for my Engrave that i paid for already.
Hallo is Vitae ondersteunt ?
Hallo, Vitae is ERC20, juist? In dat geval wordt deze inderdaad ondersteund.
It seems they didn't upload any code on Github. NOT open source.🤔
Hi Patrick, the device will gradually be open sourced except for the secure element part. Those chips are by design closed source, and get some sort of government certification. However, we don't rely fully on those chips while creating your keys, as in the past it has been proven that some governments implemented backdoors. This is why we use entropy of those chips that are best in class, but to cancel potential backdoors we include hashing of your fingerprint data, light input, and you will also be able to manually alter parts of the key. So that in the end you are certain that you are the only one to know the key. Not even we at NGRAVE can know what you created. That's very important. Beyond that, we also make sure that everything is verifiable by the user, so that you don't have to trust us, unlike with USB or BLE based wallets where eg signing is a black box. In the case of ZERO, you can scan any QR code with your phone to see what is inside, so everything is fully verifiable. Going forward, we will also open source more and more. Hope that helps!
Nice when it’s out
Please find the latest info on shop.ngrave.io (if you order now, it will be end of January/February).
Very "top player wallett" !!!!! i have just only 1 issue.... if someone that have ngrave yet so have the metal tablet ...or every metal table have simbols and numbers for any personal customer?
Hi Jtrade, each plate we make is unique!
@@NGRAVE top players 👍👍👍😁
Great product!
But for your info all models of Cobo Vault support physical dice rolls to generate YOUR VERY OWN recovery phrase.
And the company exists for 3 years. And they are not the only ones on the market supporting that feature.
So this is not the coldest wallet to date :) But I am considering your wallet too for my family members.
if only dice rolls were enough!
Could you elaborate on that? In my understanding, if you generate your own phrase, there is no way they know it. With 50 dice rolls you achieve 128 bits encryption and with 101 rolls, 256bit. The more the better :) And it is a mathematicly proven method + no chips involved too. Plus if the company goes out of business, you can use simple AAA batteries to power up the wallet. I think it is rather cool, don't you agree?
@@ivank5077 Fundamentally, it is important to realize that 100% relying on the internal chip, or 100% relying on dice rolls might have issues. The former has been proven to be vulnerable to backdoors (a quick google search can show you this), the latter depends e.g. already on the quality of the dices you are using. What ZERO does is it takes at least 128 bit entropy from the internal chip, then adds external entropy from biometrics and ambient light, and then it engages in a unique interaction process with the end user. Regardlesss, a dice roll process is definitely not a bad way to create your key. Also, it's not the key generation process that makes it the coldest wallet, it's the fact that ZERO is offline, and EAL7 certified (the highest security certification and unrivaled in the industry), and extreme tamper-proofed, and more. Conclusion: we're happy to see you take your security seriously and hope that with whichever wallet you work, that you keep your crypto safe!
How to withdraw?video pls
Hi Kiko, withdrawing crypto is essentially the same as sending the crypto to another wallet: ua-cam.com/video/3FDmQUObAvc/v-deo.html . If you refer to cashing out in fiat to your bank, you will also have to send your crypto somewhere else first before you can withdraw it (we do not support crypto-fiat offramp today)
If a person has their own Graphene board, and they steal someone else's board, they simply use their board to identify the Key? It seems cumbersome, and what if you punch a wrong hole? How do you update the Firmware on NGRAVE? What if you crack the screen on the NGRAVE, or it gets water damaged? Kudos to you guys on your product, and hard work, but the future of Crypto security is going to require a method that is profoundly easy to use.
Hi Matthew, 1. stealing someone else's board: it is impossible to use any one else's board as: each upper plate is unique in configuration. You use the upper plate as an overlay to punch holes in the plain bottom plate. Only with these exact two plates, you can read off the key. If you use it with any other plate (eg of someone else) you wont find out any information on their key. 2. what if you punch a wrong hole; you can punch up again and you'll see it's not the correct hole (we'll make a 1min tutorial about it, but if you have the plates, you'll see it's super simple.
3.Firmware updates: There is a USB-C port for charging and firmware updates. The USB is isolated in a separate boot mode contained within the EAL7-certified secure firmware part of our device. This means that to enable USB, you have to reboot the device. In this ‘update’ mode the device will only receive packages. The USB will be sandboxed from any other part of the device. The secure firmware will check the new package for its genuineness. EAL7 certification removes all vulnerabilities: bit.ly/2XrxI5b.
4. If you crack the screen, you'll have to get a new ZERO. There is no way around that. It's a security device, not a phone where you can switch every thing. If you can do that, you can hack the device. So it would defeat the purpose. Nevertheless, with your backup, you can always get a new device or even a competing one, and enter your recovery code and all your crypto will be restored. 5. The device is water and dust resistant. That said, if you make a hole in it and put it in a bath tub, then it is broken, just like any other wallet.
6. You are totally right. It should be easy to use. So that is exactly what we focused on. We built this device with a great number of end users, continuously trying to make it easier. Examples are how you add new coins, which is basically with a single swipe (versus installing apps on incumbent wallets, which takes a lot of time), or using QR codes and removing the need to connect a USB, set up a bluetooth connection, etc. You'll see in new demos, and especially in testimonials by people actually using the device, that this is very, very easy to use.
@@NGRAVE Thank you for taking the time to respond to each point.. I currently use Nano/X Ledgers for Crypto storage, and I am not convinced about the long term viability of these Ledger storage methods. I am interested in your product, so as many short videos as necessary to highlight the NGRAVE would be helpful.
just bought one and graphene🤙😀
awesome! :-)
All u really need is the graph plate and u will get the codes ???
You indeed need both GRAPHENE plates to know the code. Do know that each of these plates will be entirely unique. So no one else can come up with their plates and figure out your key. Only you can, with your own plates!
Soo both plates are unique
Not the same
What if u loose them ???? Or 1
@@paulgrech5222 You can ask NGRAVE to recover the unique upper plate through a recovery code. The lower plate can per default not be recovered. So, ideally you get a second one in the check-out when you purchase your package. However, we also invented ways to recover the lower plate, if you so desire. Have a look at our article on the GRAPHENE, which explains it better than I can right here --> medium.com/ngrave/ngraves-graphene-is-an-encrypted-and-everlasting-backup-for-your-private-keys-1eb3ab281a6c
You should go in shark tank 😁
The wallet with crypto in the demo is now more then $140k worth 😅
haha! :D great point and attention to detail ;-)
Ziek gasten, gimme plz :)
There is nothing simple about that scrap, there are a lot of problems out there and the fingerprint technology I don't think is really good
Hi, fingerprint or any other biometric technology isn't good on its own. You need to combine it with e.g. a strong PIN code to really enhance overall security in a two factor authentication setup. Therefore, on the ZERO, you can for example not configure the device to ONLY accept biometrics. You can either use the PIN-code only, or you have to do PIN+Fingerprint. You are totally right that any fingerprint technology will never be good enough. There is a serious margin of error on any sensor, even the best. That is also why e.g. an iPhone asks you for your PIN after a few wrongful fingerprint attempts. Because, if you could tap say 100 times, anyone would basically be able to access your device. Hope that helps!
The music is too loud and you need to get a haircut. This way you won't need to move your hair away from your eyes all the time. But the product is AMAZING.
When the device was generating a random code the only letters that it generated where A B C D E F
Hi Kameron, the key that is generated is a hexadecimal key, meaning the character values range from 0-9 and A-F. In total, there are 16 different possible values a character can have, hence "hexadecimal", which means 16. As there are 64 values, this brings the total number of possible keys to 2^256 power, the same as the 24 word mnemonic phrase combinations (if you are unfamiliar with the latter, best to google it and all will become clear). I hope this helps answer your question though!
At that price I'm gonna wait until after release and the reviews come in
It's here!
Let's keep the momentum going strong!
Stay cold!
igg.me/at/ngrave/x/23554727#/comments
Looks nice can i have a free one plis 🙏🙏🙏💗💗
Unfortunately that's not how it works :) You can have a look at our campaign page however --> www.indiegogo.com/projects/zero-the-most-secure-easy-to-use-crypto-wallet/
First and last impression: too complicated and what if I decide to die? or your company goes broke?
Would be nice but not for those rip off prices.Most of us don't need this with our Ledgers or Trezors. Drop the price or happy to wait for something better/affordable! Being the new kid on the block you should never be greedy guys. Why? you will sell more! I would have got one for ~200 to 300 ish AUD anything more is a joke and puts people off. Possible off your brand for life.
Thank you for your feedback!
It's definitely not a rip off if you actually knew the type of privacy that you're buying when it comes to safeguarding DIGITAL money that can be hacked and taken away from you. It's a great wallet for people who hold tons of crypto but are less tech savvy when it comes to security.
Oooooh Gosh, PLEASE!
Get a hair cut ASAP and I’ll buy 50 of your Cold Wallets! 😳😳
That metal plate is absolute bullshit...where is the seed?
The GRAPHENE metal solution replaces your traditional paper wallet. The GRAPHENE consists of two separate stainless steel plates that together make up a cryptographic puzzle. The key can be reconstructed only by combining the two plates together. Each upper plate is also unique for each user, and recoverable in case of loss. NGRAVE has no information about your key, as we have no knowledge about your lower plate. Read more here before making any conclusions: medium.com/ngrave/ngraves-graphene-is-an-encrypted-and-everlasting-backup-for-your-private-keys-1eb3ab281a6c.
You can also have a quick look at how it works in this video: ua-cam.com/video/CXurP-gsHYY/v-deo.html
@@NGRAVE Which standard is this? I would never want to be forced to use your propriotary solution.
Standards exist for a reason.
@@AndrejCibik You can still use all the existing methods. NGRAVE supports everything that is used today, such as mnemonic seed phrases etc. We also go several steps further. It is entirely up to you what you want to use, but with our solutions, you can decide whichever you prefer. Take care
The background music is superfluous and annoying