SafePal is a multi-chain wallet that enables users to store crypto assets from different blockchains. One of our focuses is to support as many blockchains as possible so that users can secure their crypto assets safely and easily in the SafePal wallet. Till now, SafePal has supported 48 blockchains and a large quantity of tokens, all of the cryptocurrencies supported by SafePal can be found on this page.
Is there a roadmap for SafePal blockchain integration?
The primary focus of blockchain integration will be to support the top-ranking blockchains in the crypto space. Due to the different natures and characteristics of different blockchains, it is difficult to provide a concrete pipeline of when a blockchain can be supported. Welcome to follow our Twitter to stay tuned with our latest product updates.
How many currencies can a SafePal S1 hardware wallet accommodate?
The software architect of SafePal S1 adopts the architect of "one program supporting all encryption algorithms", which gives strong scalability to SafePal S1 for multi-currencies support.
Let's assume there are three blockchains: A, B and C. All of them are using the same encryption algorithm. If you want to manage them on other hardware wallets, you might have to install them one by one into the device, and each of them will take up 1/3 or 1/4 memory of the hardware device.
On SafePal S1, things are totally different. Since all three blockchains are using the same encryption algorithm, and the SafePal S1 program has supported such an algorithm, integrating these three blockchains won't take up the majority of the device memory.
For now, most blockchains are adopting encryption algorithms such as secp256k1, nist256p1, and ed25519, which are all supported by SafePal S1 already. So technically, SafePal S1 can support unlimited cryptocurrencies.
With the firmware upgrade capability on the SafePal S1, users are able to on-board new currencies by upgrading their SafePal devices. Learn more about the S1 firmware upgrade from here.