Ballet uses the BIP38 industry standard to create encrypted private keys. The open source decryption software is available on balletcrypto.org and Github, where it will be hosted forever. This means you can be confident that if for any reason the Ballet Crypto app gets delisted, or even if the Ballet company is closed in the future, you will still have full access to the coins on your Ballet Cryptocurency Wallet.
Articles in this section
- How is the passphrase and private key generated?
- 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?
- Is the Ballet Cryptocurrency Wallet durable?
- 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?