Frequently asked questions

Question 1

What is BitAddress?

Accepted Answer

BitAddress is categorized as a paper wallet. BitAddress makes it possible for users to generate public and private key pairs for Bitcoin, which can then be printed and used a physical backup.

Question 2

Is BitAddress safe & legit?

Accepted Answer

BitAddress is open source, noncustodial and widely used in the early days by the Bitcoin community. However, its security depends heavily on how it is used, paper wallets are weak against fire and water. There have been no major hacks or scandals directly tied to BitAddress.

Question 3

Who created BitAddress?

Accepted Answer

BitAddress was created in 2011 by Peter Kroll.

Question 4

Where is BitAddress's company based?

Accepted Answer

BitAddress is an open-source project with no centralized headquarters.

Question 5

How does BitAddress work?

Accepted Answer

BitAddress generates Bitcoin key pairs directly in the user’s browser. The website can be downloaded and run offline, making sure private keys never touch the internet. Users can then print their generated keys as a physical paper wallet.

Question 6

When was BitAddress launched?

Accepted Answer

BitAddress was released around September 04, 2011.

BitAddress

Tags

Storage

Custody

Source

Security