ZELF VS LEDGER
The security of a COLD WALLET without the need for hardware, thanks to ZK FACE PROOF.
| Features |
|
|
|---|---|---|
| Type | ZK Face Proof Wallet | Cold Wallet |
| Price | Freemium | One Time Payment |
| Encryption | Elliptic Curve Cryptography (ECC) | Conventional |
| Root of Trust | Biometric | Hardware |
| ZK Proof | ZK Face Proof (TM) | No |
| Data Breach Exempt | Yes | No |
| Seed Phrase Manager | Yes | They use Third Party |
| Type of Storage | Blockchain + IPFS | Local Device |
| Backup | Instant in the blockchain | Manual |
| Privacy | High | Medium |
| Offline Feature | Yes | Yes |
| Open Source | Yes | Partial |
Indentified threats
PROBLEMS IN LEDGER's SECURITY
Data Breach Risk
Security researcher Saleem Rashid discovered a supply chain attack where an attacker could tamper with the device before it reaches the user or steal wallet keys locally or remotely. This vulnerability highlights design and architectural issues in Ledger’s dual-chip architecture.
Reference: University of Hawaii West Oahu
Data Breach Risk
Ledger experienced a data breach in 2020 through its e-commerce partner Shopify, where the personal information of approximately 272,000 customers was exposed.
Reference: CryptoVantage
Vulnerability in seed phrase recovery service
Ledger introduced an optional seed phrase recovery service called Ledger Recover, which raised privacy concerns as it involves storing users’ encrypted seed phrases with third-party custodians. Critics argue that this undermines the security promise of hardware wallets.
Reference: CoinDesk
Indentified threats
ZNS: THE SAFEST ALTERNATIVE
At ZNS, your recovery keys and phrases are never stored locally, eliminating the risk of losing access to your funds. We use ZK Face Proof and Biometric Root of Trust to ensure maximum security and privacy. You don’t need to remember long sentences or worry about hacks.
With zk Face Proof and biometric authentication, your funds are completely protected. You no longer have to worry about compromised seed phrases.
Access your wallet instantly just by scanning your face. No need to manage or make use of seed phrases.
Your seed phrase is securely stored on the public blockchain, ensuring you will never lose access to your wallet, no matter what happens to your device.
Link your wallet to an easy-to-remember Zelf Name and make transactions without complications or long addresses.
Benefits
Better Secure
ZK Face Proofs contains no biometric data and requires a private key that is generated from the consent of the end user’s face.
Online/Offline
Recover your wallet at any time without complications or risks, without the use of API connections.
Universal Access
Access your wallet from anywhere with the assurance that your keys and backups are never exposed.
Ready to Secure Your Crypto with ZNS?
Sign up today and start enjoying of the best protection for your digital assets.