Frequently asked questions

Question 1

What is OpenDime V2?

Accepted Answer

OpenDime V2 is a USB-sized hardware wallet / cold wallet that functions as a Bitcoin bearer instrument. OpenDime V2 features a transparent plastic casing with visible circuitry for tamper evidence, and connects directly via USB for quick verification and balance checking.

Question 2

Is OpenDime V2 safe & legit?

Accepted Answer

OpenDime V2 is non-custodial and open-source, providing verifiable firmware and cryptographic integrity. The design prevents private key extraction while sealed, and includes visual tamper detection. OpenDime V2 has no record of hacks, exploits, or scandals, maintaining a strong reputation within the Bitcoin community.

Question 3

Who created OpenDime V2?

Accepted Answer

OpenDime V2 was created by Coinkite Inc., a company founded by Rodolfo Novak, and Peter D. Gray.

Question 4

Where is OpenDime V2's company based?

Accepted Answer

Coinkite Inc., the company behind OpenDime V2, is headquartered in Toronto, Ontario, Canada.

Question 5

How does OpenDime V2 work?

Accepted Answer

OpenDime V2 can be installed as a plug-and-play Bitcoin storage device. The device generates a private key internally and exposes only the public Bitcoin address for deposits. Once ready to spend, the user physically unseals the stick, revealing the private key for import into a compatible wallet. OpenDime V2 requires no companion app and functions completely offline through standard USB connectivity.

Question 6

When was OpenDime V2 launched?

Accepted Answer

OpenDime V2 was officially released in 2016.

OpenDime V2