Crypto hardware wallet comparison KeepKey vs GridPlus Lattice1

Our impressions

KeepKey

GridPlus Lattice1

Pros
  • Has a great community and (d)app ecosystem
  • Very high usability through the 5-inch touch-screen
  • Does not require USB connection
  • Uses the BIP-39 standard, which allows wallet recovery even without hardware
  • Open source software that can be audited by the community
  • Supports SSH access to control the Linux environment of the device (ideal for advanced users / tinkerers)
Cons
  • Outdated microUSB port
  • Needs constant USB connection
  • Not very portable (yet… there are hints from the GridPlus team that they might work on a portable version that supports SmartCards)
  • Supports only one non-mainstream wallet app on smartphones
  • Requires it’s own power supply and Internet connection (supports Ethernet and WLAN)
Verdict

The product has a nice build quality and finish, a solid (d)app ecosystem, and a great community. The product launched in 2015 and it shows its age, compared to newer hardware wallet products. Most notably it has no secure element, a microUSB port, and limits itself to a single button for on-device input.

That being said, we would still prefer it over any software wallet, though.

The GridPlus Lattice1 features a very unique SmartCard concept. The base station stays on your desktop and you just carry your wallet on a SmartCard that has the same dimensions like any other credit card. In our mind this seems like the perfect setup in professional workplace environments. The 5-inch touch screen will also appeal to private users, as it really makes interactions much more comfortable in comparison to other hardware wallet products.

Support of Ethereum and EVM based chains is very good, especially on Desktop PCs and Notebooks on Windows, MacOS, and Linux. Smartphone support is a bit lacking as there are not yet a lot of apps to choose from. Bitcoin support is limited to the Lattice Manager application, which does support sending and receiving BTC. Also portability might be an issue, if you do not own multiple devices. It seems like the GridPlus is already working on a product addressing this though.

In conclusion: In terms of security the device features many thought-through anti-tempering and security features. Integration into the Ethereum / EVM ecosystem is very mature and offers a very high level of usability. Depending on your use-case this might be the perfect form factor for you.

Disclaimer: Our impressions are based on a compilation of factors tailored to the average user’s perspective. It is also important to note that whether a feature is a “pro” or “con” can depend on your situation and preferences. What may be an advantage in one scenario could be a challenge in another, and vice versa. Therefore, while reviewing these points, it’s essential to consider your unique requirements and circumstances when making decisions. This list aims to provide an idea of what to anticipate, but it is not the ultimate guide to determining whether something will work for you or not.

Key features

KeepKey

GridPlus Lattice1

Release year

2015

2020

Supported coins

Supports multiple coins

Supports 7.000+ assets on 340+ blockchains

Supports multiple coins

Supports Bitcoin and Ethereum (including EVM based blockchains and ERC-20 tokens)

Open source
  • Firmware
  • Companion software
Seedphrase support
  • BIP-39 (Mnemonic phrase)
  • Passphrase
  • BIP-39 (Mnemonic phrase)
  • Passphrase
  • Multiple seedphrases on one device
Security protections
  • On device PIN entry

after 3 wrong PIN entries an increasing timeout is applied for each wrong PIN (we stopped testing at 256 seconds around wrong PIN #8 or so)

  • Secure element
  • On device PIN entry
  • On device passphrase entry
  • On device recovery

One seedphrase per SafeCard

The security architecture of the Lattice1 combines two separate hardware environments within a single device and features many different protections (CLDS Tamper Detection Mesh, Internal Secure Enclave, Secure Computing Environment, Secure Mailbox, Integrated PCB Security Mesh, Compressed Elastomer Intrusion Detection, Logic Power Isolation, Read-Only Partition, Security Battery). Learn all about the security features: Official Documentation

Platform compatibility
  • Windows
  • macOS
  • Linux
  • Android

on Linux make sure to add udev rules

  • Windows
  • macOS
  • Linux
  • Android
  • iOS

Very limited app choice for smartphones

Additional features

can be used in conjunction with the companion app to store TOTP secrets and generate codes for TOTP based 2FA

Technical specifications

KeepKey

GridPlus Lattice1

Dimensions

94 mm x 38.4 mm x 12.2 mm
3.7 in x 1.51 in x 0.48 in

Weight

52 g
1.83 oz

Display
  • Monochrome
  • OLED

‎256×64 pixels

  • Color
  • Touchscreen

5-inch TFT Display
480 x 800 pixels
Multipoint Capacitive Touch Panel

Connectivity
  • micro USB
  • WiFi
Storage

64GB Internal Storage

Housing

Black plastics and Anodized Aluminum

Black plastics

Where to buy

KeepKey

GridPlus Lattice1