Saturday, August 13, 2022

KeepKey Updates Firmware, Says Bitcoin Cash ‘A Top Priority’

KeepKey Updates Firmware, Says Bitcoin Cash ‘A Top Priority’

Hardware wallet maker KeepKey says its new beta firmware and client releases will show Bitcoin Cash (BCC/BCH) balances in bitcoin accounts. Calling BCH a “top priority”, the company promised to add full support for the new coin soon.

Also read: TREZOR Wallet Team: Bitcoin Cash Integration Tougher Than We Expected

KeepKey Beta Update Also Fixes Vulnerability

The new release, version 4.4.0, also fixes a vulnerability described in a presentation by Josh Datko and Chris Quartier at DEFCON last month. The vulnerability — which KeepKey said was already mitigated by delays after incorrect PIN entry — was similar to a previous one in TREZOR hardware wallets, which use the same microcontroller.

As for Bitcoin Cash, KeepKey users will now be able to see balances but not send BCH to other addresses just yet. The company posted an update on its website on 9th August, saying:

Support for Bitcoin Cash is a top priority for us. The next step will be to implement the ability to send Bitcoin Cash to a BCH account on your KeepKey or to any other BCH address. It will also support exchanging BCH for other currencies using the built in Shapeshift support.

KeepKey wallets already support bitcoin, litecoin, dogecoin, ethereum, dash, and namecoin.

Separating Bitcoin from BCH Not as Simple as You Might Think

Bitcoin Cash logoOther cryptocurrency hardware makers have also released updates to accommodate Bitcoin Cash.

Ledger was first to provide a tool to formally separate BCC/BCH from bitcoin balances across its devices. SatoshiLabs, which produces the TREZOR device, released a similar fix — but described the process as more difficult than its developers expected.

Anyone who held Bitcoin private keys before the 1st August hard fork automatically gained a BCC/BCH balance. However, the shared history and functionality of the two (now separate) networks meant there was some risk of “replay attacks” or other transaction errors.

Do you use a KeepKey or other hardware wallet device? Tell us about it in the comments.

Images via KeepKey,

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