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Cypherock

Cypherock

Live
Wallet86

Open-source hardware wallet with distributed key security for Canton Network users

Upvotes

1,214

Views

8,840

Score

86

Rank Score

#37

Rank Upvote

#86

Rewards

99.62M CC

as of 22 Jun 2026 · ~$10.33M at today's price

Nodes

1

Rank Rewards

#19

as of 22 Jun 2026

Algorithm Analysis: Cypherock

86/100
Activity91/100
Maturity87/100
Community81/100
Transparency73/100
Documentation66/100

Cypherock demonstrates a strong commitment to security with its innovative hardware wallet solution, which effectively addresses key management vulnerabilities. The project has a live product with significant on-chain activity, including a featured app with substantial rewards, indicating real user engagement. However, the lack of comprehensive documentation and public team details slightly limits its transparency and community engagement scores.

Last analyzed: Apr 14, 2026

OverviewFeaturesTeamOn-chainFAQConnectedRelated

Cypherock on Canton

Only hardware wallet with native Canton Network support via CySync. Featured App. Distributed key via Shamir Secret Sharing across 1 vault + 4 NFC smartcards (EAL 6+). No seed phrase.

About Cypherock

Cypherock is an open-source hardware wallet that eliminates single points of failure by distributing private keys across multiple smart cards. Operates as a Canton Network validator and Featured App, providing secure key management for Canton Coin and tokenized assets.

Features

What the product does

Distributed Keys

Private keys split across multiple smart cards for enhanced security

Open Source

Fully open-source firmware for community verification

No Single Point of Failure

No single device or card holds the complete private key

Hardware Security

Tamper-resistant smart card technology for key storage

Cypherock Team

RA

Rohan Agarwal

CEO & Co-Founder

Cypherock On-chain

Validator nodes + featured apps linked to this project
Lifetime totals as of 22 Jun 2026 (round 101,404)

1 Validator
cypheroc…95b6d9
10.43M CC~$1.08M at today's price
1 Featured App
cypheroc…95b6d9
89.20M CC~$9.25M at today's price
Total rewards
99.62M CC
~$10.33M at today's price

Cypherock FAQ

Cypherock splits your private key across multiple smart cards using Shamir's Secret Sharing, so no single card contains the full key.
Yes, Cypherock's firmware is fully open source, allowing anyone to audit the security of the device.

Connected Projects

Cypherock plugs into the Canton Network stack at the self-custody layer, occupying a slot no other vendor currently fills: cold-storage signing for Canton-native assets. The CySync desktop app speaks directly to Canton accounts, lets users sign Transfer Pre-Approvals from the X1 hardware device, and tracks Canton Coin, CBTC (BitSafe's CIP-56 wrapped Bitcoin), USDC, and SRC balances alongside the wallet's broader 18,000+ asset catalogue. Cypherock is recognized in the Canton Foundation ecosystem directory as a Featured App and operates a validator on the network. The Canton Rewards program (up to $150 in $CC per user — $50 for activating an X1 with Transfer Pre-Approval enabled, plus $100 for referring two friends) functions as a co-marketing engine.