Security on every level

Since our first prototype in 2015 we have iterated relentlessly on both hardware and firmware security. The BitWaldex is built from the ground up for self-custody, with multiple independent security firms reviewing every release. Designed in Switzerland, imported and warrantied in South Africa, it helps you protect your financial sovereignty with the features below.

Firmware & software security

Dual chip security architecture

A dedicated secure element (ATECC608B) stores critical secrets, while the main microcontroller runs open-source firmware. Isolating the two chips makes side-channel attacks dramatically harder.

Wallet seed storage

Accessing the encrypted seed requires three independent secrets:

  1. a random value on the secure element,
  2. a random value on the micro-controller,
  3. your device password.

Even if one secret is exposed, brute-forcing the other two is computationally infeasible.

Secure bootloader

Only firmware signed by BitWaldex is accepted. Cross-flashing or downgrading is blocked, and the device can show the firmware hash before booting for binary transparency.

Device authenticity check

Every BitWaldex is pre-loaded with a unique attestation key. The BitBoxApp (or any compatible wallet) can challenge the device to prove that it is genuine before every session.

Physical protection

Secure display

Confirm every transaction on the built-in OLED screen; tap-to-sign prevents man-in-themiddle attacks from compromised PCs.

Secure chip

A monotonic counter inside the secure element limits password attempts; password stretching slows down brute-force attacks.

Epoxy potting

The micro-controller and secure element are encased in forensic-grade epoxy, deterring invasive chip-level attacks.

Breaking pins

The two halves of the enclosure are ultrasonic-welded. Any forced opening snaps internal pins, giving a clear tamper-evidence signal.

Wallet backup

Instant microSD card backup

Create a fully-encrypted backup of your seed in seconds. No need to write seed words on paper in front of cameras.

Verify backups anytime

Insert the card and run Check Backup in the BitBoxApp. Frequent, friction-free checks mean fewer unpleasant surprises.

View recovery words after setup

Prefer a classic seed phrase? Re-enter your device password and the 24 words can be displayed once for manual transcription.

Security audit & bug-bounty programme

External security audit

Firmware and bootloader are reviewed by independent firms such as Census Labs before every major release.

Bug bounty

We welcome responsible disclosure and pay up to USD 10 000 for critical findings. Guidelines and scope are public on our GitHub.

Privacy features

Encrypted USB channel

All USB traffic between the BitWaldex and your computer is encrypted using the Noise Protocol. Malware sniffing the bus sees only ciphertext.

No user data on servers

Transaction metadata never touches BitWaldex servers. Connect through your own Bitcoin full node—or Tor—for maximum privacy.

Advanced features

  • Secure multisig — correct xpub verification from the first firmware version; compatible with Specter, Sparrow and others
  • Show firmware hash before boot — verify integrity each time you plug in the device.
  • Bring-your-own entropy — roll dice or use an external TRNG; import the result as your master seed.
  • Anti-klepto protocol — mitigates nonce covert-channel attacks that can leak private keys during signing.

Threat model

The BitWaldex reduces attack surface so adversaries have fewer ways to reach your keys. We publish a full threat model covering:

  • remote software attacks,
  • physical possession attacks ( < 48 h and > 48 h scenarios),
  • malicious supply-chain scenarios,
  • catastrophic backup loss.

Wallet-seed generation & reproducible builds

Wallet-seed generation

Five entropy sources combine via XOR:

  1. secure-element TRNG,
  2. micro-controller TRNG,
  3. factory-set static secret,
  4. host entropy from /dev/urandom,
  5. SHA-256 of your device password.

Even if four are compromised, the seed remains strong.

Reproducible builds

“Don’t trust, verify.” The firmware can be rebuilt byte-for-byte by anyone and compared to the official binary. Community signatures attest every release, and WalletScrutiny tests the process regularly.

Local warranty & legal footnote

Warranty: All devices sold in South Africa carry a [[WarrantyPeriod]] limited warranty under the Consumer Protection Act 68 of 2008.

Importer: [[SA_Importer]] (Pty) Ltd, VAT no. ……, is the authorised distributor

Regulatory status: Hardware wallets are not “financial products” under FAIS Notice 90 of 2022; no personalised financial advice is provided. Personal information is processed in line with POPIA Act 4 of 2013.