I’ve been using ballet wallets. In conjunction with a ledger. I really like the ballet the best. Just looking for feedback
Ballet wallet can not really be considered a hardware wallet, it's more like collectibles item, and it is not secure enough to be good cold wallet, despite what developers are saying.
Someone else generated private keys and they know about them, so you need to trust them and everyone in manufacturing chain... that is a lot of weak points.
If you like card format for hardware wallets, there are better options you can explore, some of them are even open source.
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.orgThe encrypted private key can only be decrypted by the user-created passphrase. This is a trustless, two-factor security design based on the Bitcoin BIP38 open-source standard. The process utilizes advanced cryptography but the complexity is hidden from the user. You only need to follow a few basic steps. First, create a passphrase and use an open-source software tool to generate a BIP38 intermediate code. Then send the intermediate code to us and we manufacture a wallet with an encrypted private key that can only be decrypted by the passphrase you used to generate the intermediate code. A BIP38 confirmation code is engraved on each wallet so you can cryptographically verify that the encrypted private key can actually be decrypted by your passphrase.
https://www.ballet.com/pro/How is dkbit98 wrong? Because there is a pro version that you can use to add your own passphrase, that means it is an hardware wallet? You are wrong. Ballet wallet, be it the normal or the expensive one (pro version), they are both paper wallets, they are not hardware wallets.
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 do not know if it is true, that it comes in three packages, which makes it three of the paper wallet in metal, that would be $99.66. Still pretty expensive and better to just go for a hardware wallet instead.
In fact they don't even call it a hardware wallet on their website, they just say ''Cryptocurrency wallet'' or ''Cold Storage Crypto wallet''.
You can't change or add new addresses,so this is just glorified paper-like wallet, that can only serve as cool collectible for me.
It is not a hardware wallet, it is using the principles that paper wallets are using to operate.