What is Bitfi?
Bitfi is a unique hardware wallet designed to offer unmatched security for managing and protecting cryptocurrencies and digital assets. Bitfi sets itself apart by employing a revolutionary approach to key management, ensuring that private keys are never stored on the device, thus making it virtually unhackable.
Security Features: Bitfi does not store private keys on the device. Instead, it uses a passphrase to generate private keys on-the-fly whenever a transaction is signed. Once the transaction is completed, the private keys are immediately wiped from the device. This ensures that even if the device is seized, stolen, or tampered with, there are no keys for an attacker to find.
The device features a locked bootloader that prevents code injection through data ports or physical access to the circuit board. Additionally, it is filled with a thermal-resistant resin that makes it extremely difficult to disassemble without destroying the device. Bitfi’s firmware updates are secure and streamlined, eliminating the risks associated with downloading and installing firmware from potentially compromised computers.