The Ledger Nano X and the Ellipal Titan 2.0 are considered the leading hardware wallets for securely storing cryptocurrency. Both were launched with mobile app support, allowing users to access their wallet assets anywhere without the need for a computer. While they share many similarities, there are also significant differences that we will discuss in this blog post.
| Specifications | Ellipal Titan 2.0 | Ledger Nano X |
| Design | Big screen | USB stick format |
| Security | 100% 'Air-gapped' | Offline secured chip |
| Data transmission | QR code (verifiable) | Bluetooth & USB |
| Anti-tamper mechanism | Self-removal mechanism | No |
| Weight | 140g | 34g |
| Material | Anti-disassembly metal | Plastic & metal |
| Price | €169.95 | €149.00 |
Security
Security is the most crucial aspect of a hardware wallet. Both Ellipal and Ledger are very secure, but they protect your crypto slightly differently.
Ellipal Titan 2.0
The Ellipal Titan 2.0 is known as a completely airtight hardware wallet, meaning the device cannot connect to any network or other devices. The Ellipal chipset does not support connections such as USB, Wi-Fi, NFC, or mobile networks. Due to its high level of insulation, the entire device is a secure element. Another security aspect is the Ellipal's hardware construction. It is unique compared to other hardware wallets because it is very robust. The casing is 100% metal, and the screen is securely sealed at the top. Any attempt to break into the wallet will permanently damage the device as it requires significant force. The device also has an anti-tamper feature, meaning that if it detects a breach, it will automatically delete all information stored inside.
The Ellipal Titan 2.0 signs transactions by requiring users to manually scan QR codes on the device and in the app. This is also an important security feature because the process must be performed manually by a human and cannot be performed remotely by a hacker. The QR codes are also verifiable, meaning that if users are unsure about the QR code they are scanning, they can use another app to scan and verify its contents.
Another unique feature that contributes to Ellipal's security is its large screen. It may not be immediately apparent, but a large screen allows users to review their transaction before submitting it, preventing errors.
Ellipal Titan 2.0's unique security stems from its ability to protect users from both online and offline threats. It's a comprehensive, compelling solution for any crypto trader.
Ledger Nano X
The Ledger Nano X isn’t a completely airtight device like the Ellipal Titan 2.0 as it requires Bluetooth and a USB cable to operate. However, Ledger uses a Secure Element chip that ensures your Private Key and crypto never leave the chip. Ledger confirms that only public data is passed over Bluetooth and USB, ensuring your coins are safe. A Secure Element chip is a crucial component that protects the Private Key even if the device is hacked via USB or Bluetooth.
The security architecture of the Ledger Nano X is similar to the Ledger Nano S. However, users can enjoy the Ledger Nano X wirelessly thanks to Bluetooth which is not the case with the Nano S.
Recent hack on the Ledger Nano X
A recent cyberattack targeted Ledger's connector library, resulting in significant cryptocurrency losses. According to analysis by blockchain platform Lookonchain, at least 4,334 ether (ETH) was stolen by the hacker, worth nearly $484,000. Ledger has yet to confirm the figures, but the company estimates the financial impact of the vulnerability could be in the hundreds of thousands of dollars. Read the full article here .
Conclusion
Both hardware wallets have their own advantages. The Ledger Nano X may be more suitable for those who prefer using a PC over a mobile device and don’t mind navigating a small screen with two buttons.
On the other hand, the Ellipal Titan 2.0 is completely connection-free and fully supported on mobile devices. Although it doesn't have a PC connection, the app and the Ellipal Titan 2.0 work well together thanks to the device's simple user interface and large screen. Conducting transactions with QR codes is also much more secure than Bluetooth and USB because they cannot be intercepted.
Unlike vulnerable online hardware wallets and insecure exchanges, Ellipal Titan 2.0 provides ultimate protection with its 100% offline security and CC EAL5+ security chip. Transparent QR code transactions further enhance asset management, making Ellipal Titan 2.0 a clear choice for enhanced crypto security.
Ellipal also offers a secure solution for storing your Seed Phrase, a full metal case that provides extra protection against fire, fading, loss, and water damage. Complete your set with the Ellipal Seed Phrase Steel.
