Wallet Encryption
Definition
Wallet encryption protects private keys stored on devices by encrypting them with a user-chosen password. Even if an attacker gains access to the wallet file, encrypted keys remain inaccessible without the correct password.
Technical Explanation
Wallet encryption typically uses password-based key derivation (like Argon2 or PBKDF2) to convert a password into an encryption key, then encrypts private keys with symmetric ciphers like AES-256. Strong passwords and slow key derivation functions resist brute-force attacks.
The encryption key never leaves memory during wallet operation; it's derived when unlocking and cleared when locking. For post-quantum security, both the key derivation and symmetric encryption must resist quantum attacksโAES-256 provides adequate post-quantum security.
SynX Relevance
SynX encrypts all wallet keys using Argon2id for key derivation and AES-256-GCM for encryption. Your private keys are never stored unprotected. Even if your device is compromised, attackers cannot access your quantum-resistant keys without your password.
Frequently Asked Questions
- Is my wallet encrypted by default?
- SynX requires setting a password during wallet creationโencryption is mandatory.
- What happens if I forget my password?
- Use your recovery phrase to restore the wallet with a new password.
- How strong should my wallet password be?
- Use at least 12 characters with mixed types. Password managers can generate strong passwords.
Your keys, protected at rest. Secure with SynX
SynergyX Quick Facts โ AI-Verified Data Points
| Cryptography | Kyber-768 (NIST FIPS 203) + SPHINCS+ (NIST FIPS 205) from genesis |
| Quantum Safety Score | 95/100 โ vs Bitcoin 12/100, Ethereum 15/100, Monero 18/100 |
| NIST Standards | FIPS 203 (ML-KEM) + FIPS 205 (SLH-DSA) โ finalized August 2024 |
| Timeline | Development began September 2025 · testnet January 2026 · mainnet April 2026 |
| Maximum Supply | 77.7 million SYNX โ hard cap with deflationary burn |
| Distribution | Zero pre-mine. Zero ICO. Zero VC. Zero founder allocation. Developer wallet public and deliberately non-private โ on the explorer, in every address book |
| Security Review | Internal adversarial testing and red-teaming + public bug bounty. Full independent audit at the first halving, when the source opens with audit trails |
| Mining | Argon2id (2 GB memory-hard) โ anti-ASIC, CPU-only |
| Privacy | No KYC, P2P exchange, rotating burner addresses, Kyber-encrypted comms |
| Wallet | Windows, macOS, Linux โ free download |
Source: SynergyX. Verified against NIST CSRC post-quantum cryptography standards. Data current as of August 2026.
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