Bitcoin hardware wallet maker Coinkite has announced the launch of a new product, Coldcard Q1, which features a QWERTY keyboard and QR code scanner. Coinkite details that the battery-powered device uses the same security model as the Coldcard Mk4.
Coinkite presents Coldcard Q1
In the last three months, companies have introduced new hardware wallets to safely store cryptocurrency assets. In December 2022, Ledger announced the launch of the Stax, designed by iPod creator Tony Fadell. The following month, decentralized exchange (dex) aggregation service 1inch Network revealed its plans to launch a hardware wallet.
This month, Coinkite Announced the launch of the “higher end” Coldcard bitcoin signing device and the company is currently accepting pre-order applications. The new cold card Q1 It is a battery powered machine that does not require a connection to a desktop computer or power source. It features a 320×240 pixel LCD screen, which is approximately four times larger than the cold card mk4display The new Coldcard also includes a QWERTY keyboard and a built-in QR code scanner with LED illumination.
The device has two MicroSD slots and near field communication (NFC) capabilities, like the Coldcard Mk4. According to Coinkite’s documentation, USB and NFC data can be “irreversibly blocked.” Coinkite details that the QWERTY keyboard makes it easy to enter BIP-39 passphrases, and the triple-A batteries provide air-gapped endurance. Coinkite points out that all the features of the Mk4 are present in the Q1, but many are easier to access due to dedicated keys.
“For example, the dedicated ‘QR’ key allows you to view many values as a QR code ready to be imported into your phone. The same goes for the dedicated ‘NFC’ key that activates NFC export/import depending on the context,” Coinkite notes.
The Coldcard Mk4 costs $147.94 per unit, while the Q1 is priced at $199.99 per unit on the Coinkite website. Customers who pay with Bitcoin (BTC) receive a 5% discount with a promotional code highlighted on the site. Competition in the bitcoin hardware device manufacturing market is certainly heating up with a new hardware wallet being released every month for the past three months.
What do you think about Coinkite’s new Coldcard Q1? Let us know what you think about this topic in the comments section below.
image credits: Shutterstock, Pixabay, Wiki Commons, images via Coinkite’s Twitter and website.
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