Hawk will be providing a hardware wallet to all its ICO participants to ensure their HAWK tokens are kept secure.
The main principle behind hardware wallets is to provide a full isolation between the cryptographic secrets (private keys) and your easy to hack computer or smartphone. Vulnerabilies of modern PCs and smartphones are well known, and if you keep your private keys there (private key = your bitcoins) it’s just a matter of time before you’ll get hacked and lose everything.
Hawk has chosen Ledger as its hardware wallets provider since their devices are architectured around “secure elements” or secure chips. This is the same technology that find in chip and PIN payment cards or SIM cards. These chips bring guarantees against physical attacks and raise the level of security of your private keys, we believe that software wallets are not enough to ensure the safety of your cryptocurrencies because even if your private keys may be stored encrypted on your computer (or cloud service), they must be available in plain text in your computer memory whenever you sign transactions. When your computer is compromised by specialized Bitcoin-targetting malware (and it is just a matter of time), it will be extremely easy for the malware to steal your bitcoins.
You’ll find manuals on how to configure your Ledger Wallet and more on our Support Page.