Our wallet review process
We examine wallets starting at the code level and continue all the way up to the finished app that lives on your device. Provided below is an outline of each of these steps along with security tips for you and general test results.
Application build test result
Photos of the first order of Octowallet Silo’s are in this tweet.
The subdomain shop.octowallet.com is also no longer accessible as of today.
- Connecting to smart phone and other software wallets
- Support Coins: BTC, BCH, DASH, LTC, ETH, More
- Anti tempered firmware mechanisms
- Physical Transaction Confirmation
- Build-in hardware cryptography algorithm
- Secure storage of Private Keys
Octowallet claims that it has utilizes “asynchronous ring oscillators whitened using LFSRs” to make private key generation more secure.
It also claims that the private keys are stored on the device.
We weren’t able to find references on the site claiming that it is an open source project.
Shop link not working
The inaccessibility of Octowallet’s shop link, the inactivity of their social media accounts, the absence of their YouTube videos lend us to temporarily conclude that this product is no longer available in the market.
We reached out to Octowallet’s twitter to ask them whether their product is still available. Until such time they reply, we would have to conclude that this product was already discontinued.
Tests performed by Daniel Andrei R. Garcia
Do your own research
In addition to reading our analysis, it is important to do your own checks. Before transferring any bitcoin to your wallet, look up reviews for the wallet you want to use. They should be easy to find. If they aren't, that itself is a reason to be extra careful.