How is Cypherock different from other hardware wallets like Ledger or Trezor?

How is Cypherock different from other hardware wallets like Ledger or Trezor?

Answer:
Unlike Ledger and Trezor, which rely on a single seed phrase backup (a single point of failure), Cypherock introduces seedless backup with multi-shard encryption. This ensures:

  • No one (not even the owner) needs to remember/write down a seed phrase.
  • Losing one card does not compromise assets, as only 2 of the 5 are required.
  • It enables a trustless inheritance feature, allowing users to set up asset transfer for beneficiaries without relying on third-party custodians.
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