In this article, we'll look into Ellipal's security features and answer the question: Was Ellipal hardware wallet ever hacked?
The team behind Ellipal Titan focuses on making a wallet that is secure as a bank deposit box but easy to use as a hot wallet. Ellipal is an air-gapped wallet, which means that it is entirely network-isolated.
Spoiler alert - Up until today, there have been no reported hacks or data breaches for Ellipal. Compared to Ledger and Trezor, Ellipal is quite a new wallet on the market.
Let's look at the security features of this air-gapped wonder.
Security features of Ellipal Titan
The air-gap feature is one of the most critical security features, which protects against remote attacks. The wallet communicates with Ellipal App and signs the transactions using QR codes.
Ellipal Titan has an anti-disassembly feature, which protects against physical and supply chain attacks. If somebody tries to open it, the keys on the device will be auto-deleted.
Ellipal Titan Codebase is open-source on GitHub. The team encourages security researchers to try to find vulnerabilities in their source code and reward them with their bounty program.
How Legit and Safe Is Ellipal?
The wallet is highly protected against remote attacks because it’s a cold storage hardware wallet that is air-gapped and only uses QR codes for communication. It is also protected against physical attacks as it self-destructs to factory settings if tampered with.
Unlike Trezor and Ledger, Ellipal eliminated USB and Bluetooth connections, adding an important security layer. Ellipal is a genuine offline hardware wallet. You can use their Mnemonic Metal to safely store your seed phrase for additional protection.
The wallet is relatively new on the market, but those using it are happy with its air/gapped security and features. We are using it as well, and we can agree with that.
If you want to learn more about Ellipal, you can check our detailed Ellipal Titan Review.