Ballet Security: Helping Users Secure Over $1 Billion in Crypto Assets (2/2)

In Part 1 of this two-part blog, we examined how Ballet’s unchanging design philosophy forms the foundation of its security model. Now, in Part 2, we’ll explore the guiding principles and patented technology that bring that philosophy to life—showing why, six years on, users are entrusting Ballet cold storage with over a billion dollars—and counting—in cryptocurrency.

Part 2: Ballet’s Guiding Principles

Transactional Freedom & Personal Privacy

Ballet values privacy as a fundamental human right, and protecting users’ privacy and transactional freedom is one of its utmost responsibilities. In today’s digital world, one of the greatest threats to privacy is electronic surveillance. To help ensure personal and financial information stays private, users aren’t required to create an account or password to use a Ballet wallet, removing common points of vulnerability and bolstering confidentiality. 

People should be able to transfer their crypto anywhere, anytime, at low cost—without relying on third parties that track and store their data. That’s why Ballet wallets are designed as bearer assets: physical objects that store your private keys offline, putting control firmly in your hands.

Ballet wallets allow crypto to be transferred in two ways: via on-chain transactions or physical exchange. With the Ballet Crypto app, you can buy, sell, and swap coins without juggling multiple platforms. You can also load crypto onto a wallet and physically hand it to someone in person—a truly confidential method that leaves no record and therefore cannot be tracked. With Ballet Cold Storage, you maintain true autonomy over your money.

Self-Custody & Cold Storage

Ballet sees self-custody and cold storage as the foundation of secure crypto ownership. Custodial exchanges may present the illusion of “ownership,” but in reality, they control the private keys—leaving you dependent on their security, policies, and solvency. In contrast, self-custody puts the private keys—and therefore full control—directly in your hands, removing that layer of dependence. 

True self-custody—and true ownership—comes only from having exclusive possession of and access to your private keys. As the saying goes: “Not your keys, not your coins.” That’s why every Ballet wallet is fully offline, built on the BIP38 open industry standard, and 100% self-custodial.

Of course, security isn’t just about control—it also requires resilience. Hot wallets are internet-connected and constantly exposed to cyberthreats, while traditional hardware cold wallets rely on electronics and firmware that can fail over time. Neither is ideal for long-term Bitcoin and cryptocurrency investors. Ballet Cold Storage avoids these risks: no electronics, no fragile parts, and no updates—just durable, long-term protection for your crypto, offline and away from hackers.

Open Industry Standards

Your digital assets should never depend on a single company’s software or proprietary system. That’s why Ballet uses open industry standards, ensuring your assets remain secure and accessible.

At the core of Ballet wallets is the BIP38 open standard, implemented through Ballet’s patented 2-Factor Key Generation (2FKG) process. This process uses offline, air-gapped computers in geographically distinct facilities to create two separate pieces of private key entropy (random data used to generate cryptographic keys). These two entropy components are never combined until the wallet owner initiates a transfer, ensuring that no one—not even Ballet—ever has access to the full private key. 

Using open standards also ensures that even if Ballet dissolved or the Ballet Crypto app became unavailable, you could still access your funds with other wallets or open-source tools that support BIP38. To further strengthen transparency, Ballet has published its own BIP38 implementation as open-source software on GitHub, available for anyone to review, verify, or use. The result is a physical, multicurrency cold storage wallet that is secure, transparent, and broadly compatible. By building on open standards and sharing its work with the community, Ballet ensures that your crypto remains independent, portable, and always yours.

Conclusion

In a world of constant upgrades and fragile tech, Ballet proves that simplicity, durability, and trust never go out of date. Six years on, its design philosophy continues to safeguard over a billion dollars in crypto—without patches, gimmicks, or compromise.

About Ballet

Ballet is a U.S.-based company dedicated to making crypto safe and accessible to all by specializing in beginner-friendly, self-custodial cryptocurrency cold storage solutions. Ballet’s secure, high-quality wallets feature a patented 2-Factor Key Generation process that requires no account setup, no passwords, and no seed phrases. To date, users worldwide are securing over $1 billion in crypto assets using Ballet wallets. 

Learn more at ballet.com

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