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SHIFT Cryptocurrency Digital BitBox User Manual

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Digital BitBox User Guide v1.1
Page 1 of 22
March 2018
Digital BitBox
User Guide
Desktop App v2.2.2
Mar. 2018
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SHIFT Cryptocurrency Digital BitBox Specifications

General IconGeneral
BrandSHIFT Cryptocurrency
ModelDigital BitBox
CategoryComputer Hardware
LanguageEnglish

Summary

Introduction to Digital BitBox

What's Inside the Package

Details the electronic components included in the BitBox package, such as the hardware wallet and backup micro SD card.

Inserting the Micro SD Card

Provides instructions and visual guidance on correctly inserting the micro SD card into the BitBox device for initialization.

Downloading and Installing the Desktop App

Setting Up Your BitBox

Best Practice for Wallet Name

Offers recommendations for naming your BitBox wallet, emphasizing arbitrariness and convenience for multiple wallets.

Entering a Secure Password

Guides users on creating a strong, memorable password essential for securing cryptocurrency and wallet recovery.

Changing Your Password

Navigating the Desktop App Tabs

History Tab Overview

Explains the History tab, detailing incoming and outgoing transactions and how to interpret transaction data.

Receive Tab Functionality

Describes the Receive tab for generating unique Bitcoin addresses for receiving funds, emphasizing privacy best practices.

Send Tab for Transactions

Details the process of sending Bitcoin using the Send tab, including recipient address, amount, and delivery speed options.

Wallet Management

Creating and Switching Wallets

Guides users on creating multiple wallets, backing them up, and switching between them using the desktop app.

Creating a Hidden Wallet

Explains how to create a hidden wallet for enhanced privacy and plausible deniability, requiring a separate password.

Options Tab Features

Manage Backups

Allows viewing, restoring, or deleting wallet backups, with recommendations for creating secondary backups.

Change Password

Discusses changing the wallet password, advising caution and recommending new wallet creation for compromised passwords.

Create New Wallet

Enables users to create a new wallet, which becomes the active wallet and is backed up on the micro SD card.

Reset Device

Restores the BitBox to factory settings, deleting all data on the device but leaving micro SD backups intact.

Enable Full 2FA

Activates two-factor authentication using a smartphone for transaction authorization, enhancing security.

Connect Mobile App

Initiates the secure pairing process between your smartphone and BitBox for transaction verification.

Utility Features

Covers features like blinking LED for communication, random number generation, address listing, and update checks.

Upgrade Firmware

Provides instructions for installing new firmware, ensuring it is signed and compatible with the BitBox device.

Expert Settings

Offers advanced functionalities, including proxy server configurations and hidden wallet setup for enhanced security.

Advanced Security and Recovery

Second Factor Authentication (2FA)

Explains how to activate and use 2FA for an additional layer of security, requiring smartphone confirmation for transactions.

Restoring a Wallet from Backup

Details the steps for restoring your wallet onto a new or reset BitBox using the micro SD card backup and password.

Using Alternative Currencies

Using an Ether Wallet

Guides on using MyEtherWallet with the BitBox for managing Ether and ERC20 tokens securely.

Sending ERC20 Tokens

Explains the process for sending ERC20 tokens, similar to Ether, using MyEtherWallet integration.

Using an Ethereum Classic Wallet

Details how to use the BitBox with MyEtherWallet for Ethereum Classic (ETC) transactions.

Upgrading BitBox Firmware

Frequently Asked Questions (FAQs)

Coins and Transaction History Storage

Clarifies that coins and history are on the network, while the BitBox securely stores private keys for access.

Transaction Storage Forever

Confirms that all transactions are permanently stored on the distributed Bitcoin network (Blockchain).

Separating BitBox and Backup Card

Explains the importance of keeping the BitBox and its micro SD backup card separate for security and recovery.

Lost Micro SD Card Security

Addresses security concerns if a micro SD card is found, stating it cannot reveal passwords or private keys without the seed.

Replacing Micro SD Card

Confirms that micro SD cards can be replaced and explains how to create a new backup on a new card.

Multiple Backup Copies

Confirms that multiple identical copies of the micro SD card backup can be created for redundancy and convenience.

Paper Backup Method

Discusses the option of printing backups, advising caution regarding computer security and thermal printers.

Recovering Wallet Without BitBox

Explains how to recover a wallet using the seed and password with a software wallet, independent of the BitBox.

Finding Lost BitBox

Addresses risks if a BitBox is lost, emphasizing password protection and the device's auto-reset feature.

Lost/Damaged BitBox Recovery

Details the safest method to restore a wallet using a new BitBox and the micro SD backup card.

Multiple Identical BitBox Copies

Explains that backups can be loaded onto multiple BitBoxes for convenient access across different locations.

Backup Media Lifetime

Addresses the finite lifetime of backup media, recommending multiple copies and periodic verification.

Storing ERC20 Tokens

Confirms that ERC20 tokens can be stored on a BitBox wallet through MyEtherWallet integration.

Adding More Coins

States that the BitBox software is continuously updated to support more coins, with Litecoin recently added.

Recovering Ether Without BitBox

Provides guidance on recovering Ether by importing private keys into MyEtherWallet without the BitBox.

Securing Large Amounts of Coins

Recommends hardware wallets like BitBox for securing large amounts of cryptocurrency and safe password storage.

Ejecting BitBox from USB

Informs users that the BitBox can be safely removed from the USB socket without needing a formal eject process.

Additional Help and Support

Revision History