Post
Topic
Board Wallet software
Re: Ballet wallets
by
dkbit98
on 23/02/2023, 23:13:44 UTC
No it's wrong, if you buy the PRO version, it's totally safe because they will only generate the encrypted private key from the BIP38 intermediate code you will generate with your passphrase and your own entropy before sending it to them. So they will never know your passphrase and won't be able to find it in any way. https://www.balletcrypto.org
No, it's not wrong because I was not talking about ''PRO'' version that is much more expensive $299, compared to normal Ballet that starts from $35... that is almost nine times more expensive!
I certainly don't think this is worth so much, and I still don't consider addition of passphrase safe enough to call Ballet a real hardware wallet.
In fact they don't even call it a hardware wallet on their website, they just say ''Cryptocurrency wallet'' or ''Cold Storage Crypto wallet''.