The passphrase and private key are separately generated in an offline, air-gapped computer in China and USA. The wallet passphrase is generated first, at Ballet’s USA headquarters in Las Vegas, Nevada. This process creates a non-secret intermediate code, which is then transferred to Ballet’s office in China, and used to further randomly generate the encrypted private key, following the BIP38 standard. The generation of wallet passphrase and EPK (encrypted private key) are handled by separate personnel, thousands of miles apart, who can never have access to both components, ensuring the highest security criteria possible throughout the manufacturing process. These two critical secret-key components are both generated using open source software, with added natural entropy using dice rolls. For more information on BIP38 and our special patent-pending two-factor key generation manufacturing process, please visit https://www.balletcrypto.com/2FKG
Articles in this section
- How is the passphrase and private key generated?
- Is the Ballet cryptocurrency wallet durable?
- Isn't it required for the passphrase and private key to be combined at least once (electronically, on a computer) to generate the public address QR code?
- Why do Ballet wallets have serial numbers?
- How do you make sure that company employees, or manufacturing personnel, do not see and retain a copy of the private key and/or passphrase during the manufacturing and production process?
- Will there be a quality assurance auditing or sampling process, to ensure the correct passphrases are matched to the proper private key?
- How does the company verify the Ballet wallet’s private key works and decrypts properly, before selling them to the public?
- How do I know that I'm getting a Ballet wallet that is genuine & authentic, and not counterfeit, or if it has been tampered with during transit?
- How can I verify the Ballet wallet’s private key works properly, before I add funds to it?
- Does the Ballet Crypto mobile app retain or store my wallet private keys? Will the private key / passphrase information ever be transmitted online over the Internet?