{"id":10747,"date":"2022-03-10T19:10:46","date_gmt":"2022-03-10T19:10:46","guid":{"rendered":"http:\/\/ci029bd0646000272a"},"modified":"2022-03-10T19:10:46","modified_gmt":"2022-03-10T19:10:46","slug":"foundation-devices-launches-new-bitcoin-hardware-wallet","status":"publish","type":"post","link":"https:\/\/bitcoinmagazine.com\/business\/foundation-devices-launches-new-bitcoin-hardware-wallet","title":{"rendered":"Foundation Devices Launches New Bitcoin Hardware Wallet"},"content":{"rendered":"
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Foundation Devices, Inc. has unveiled its new Bitcoin hardware wallet, Passport Batch 2, a thinner and cheaper update to its previous Passport Founder\u2019s Edition.<\/p>\n

The company also announced a new Bitcoin mobile wallet, Envoy, which serves as a companion app to the Passport enabling a more seamless experience in setting up and updating the hardware wallet.<\/p>\n

\u201cIn light of recent events across the world, sovereignty and privacy are more important than ever,\u201d said Zach Herbert, Co-Founder and CEO of Foundation, in a statement sent to Bitcoin Magazine<\/em>. \u201cAt Foundation, we strive to make sovereignty accessible to each and every individual. I\u2019m thrilled to announce Passport Batch 2 and its companion app, Envoy, which will make Bitcoin sovereignty more attainable than ever before.\u201d<\/p>\n

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Foundation said in a blog post<\/a> the Passport Batch 2 features a scratch-resistant, high-resolution IPS color display, a removable standard form factor lithium-ion battery, a power-only USB-C port, meaning it doesn\u2019t transfer any data, a physical power button, and an improved microSD card slot.<\/p>\n

While Passport brings a whole new design, its underlying security maintains last year\u2019s mechanisms. Batch 2 Passport uses a fast STM processor, a Microchip 608a secure element, an Omnivision cameracube, and an avalanche noise source for entropy, Foundation said. Passport\u2019s hardware and firmware are \u201ccopyleft\u201d open source<\/a>, meaning derivative works are allowed but required to use the same license as the original work.<\/p>\n

Passport\u2019s companion app, Envoy, leverages Spiral\u2019s Bitcoin Development Kit<\/a> to bring an intuitive user experience, Foundation said. In addition to offering a simple Bitcoin wallet, the app helps the user configure their Passport device more easily, keeps them up-to-date with firmware updates without needing a computer, and provides quick access to support resources. Envoy is also copyleft open source (GPLv3).<\/p>\n

However, Envoy will not bring coin control at launch, an important privacy feature that enables the user to select which UTXOs they would like to use in a transaction. Though Foundation said it intends to enable it in the future, Herbert told Bitcoin Magazine<\/em> the company currently has “no set dates for specific features at this time.”<\/p>\n

Envoy primarily communicates with Passport in an airgapped fashion through QR codes, while it interfaces with the Bitcoin network and Foundation servers through Tor as a default. The user can configure Envoy to use their own Bitcoin node. The app also downloads necessary firmware updates which can be transferred and installed into Passport via a microSD card.<\/p>\n

“We’ve designed Passport to be fully airgapped, with no wireless communications of any kind. This ensures maximum security,” Herbert told Bitcoin Magazine<\/em>. “We are considering wireless technologies like NFC for future products.”<\/p>\n

Passport Batch 2<\/a> presells at a $199 price tag and ships beginning in April with an industrial-grade microSD card, a removable lithium-ion battery, microSD adapters for iOS and Android and a USB-C charging cable.<\/p>\n

UPDATE (Mar 10, 2022 \u2013 3:07 PM CT): <\/strong>Added comments by Foundation CEO.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

Foundation also announced Envoy, a companion mobile Bitcoin wallet for the Passport Batch 2.<\/p>\n","protected":false},"author":2572,"featured_media":10749,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[1774,781,93],"class_list":{"0":"post-10747","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-business","8":"tag-foundation-devices","9":"tag-hardware-wallet","10":"tag-news"},"author_data":{"id":2572,"name":"Namcios","nicename":"namcios","avatar_url":"https:\/\/bitcoinmagazine.com\/wp-content\/uploads\/2024\/12\/pfp-96x96.png"},"featured_image_url":"https:\/\/bitcoinmagazine.com\/wp-content\/uploads\/2024\/11\/passport_batch2-scaled.jpg","_links":{"self":[{"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/posts\/10747","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/users\/2572"}],"replies":[{"embeddable":true,"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/comments?post=10747"}],"version-history":[{"count":0,"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/posts\/10747\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/media\/10749"}],"wp:attachment":[{"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/media?parent=10747"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/categories?post=10747"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/tags?post=10747"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}