What is Opendime? It is:

  • Bitcoin on a stick.
  • A Bitcoin piggybank.
  • Not another hardware wallet since it has no PIN or password
  • It's not like other "physical" bitcoin because nobody knows the private key until you physically alter the device.
  • A disposable hardware wallet that can be used as cash.

Buy your Opendime

What’s new with V4?

It's an incremental (and not a radical) upgrade from v3. Coinkite has improved Opendime's:

  • Form factor.
  • Electrostatic discharge (ESD) protection
  • Speed
  • Recoverability in case of damage
  • Blockchain viewing options (it added blockstream.info)

Opendime bitcoin 3 coinkite seedplate

Why use it?

  1. Gift: each Opendime costs about $17 and you can load it up with as much BTC as you want. Graduation present. Help someone buy a car or a house. Birthday gift for over $100.
  2. You want to buy something expensive in a hurry.
  3. Sell Opendimes with BTC. 
  4. Anonymous transaction: it's almost impossible to know who spent the Opendime.
  5. It’s better than a paper wallet because it has the upsides but also generates the private key safely.
  6. Emergency money when you're traveling - it's like a traveler's check that works in the most repressive regimes. Wear it as a necklace under your shirt so that even if they steal your wallet and bags, you'll still have money. All you need a computer or a smartphone (with a USB-adapter).

What's cool about it?

  • It acts like a read-only USB flash drive. Because it's read-only, there's no way to load malicious code on it.
  • Works with any computer, laptop, or phone.
  • A QR Image and Text files inside contain Bitcoin address and helpful information.
  • Secure: the private key is generated inside the device, and is unknown until it's devirginized.
  • Trustless: the private key is strictly in the device itself.
  • it's safe to setup, verify and load an Opendime on an untrusted computer - impervious to malware and keyloggers as long as the private key has not been generated.
  • Creates a QR code image for easy scanning.
  • Off-chain: no miner fees, no confirmation delays.
  • Uses Bitcoin message signing, normal (non HD) bitcoin payment addresses, and private keys in WIF format.
  • It works with a phone or tablet.
  • Lasts for 25-100 years.
  • No password or seed phrase to deal with!
  • Perfect for storing and anonymously transfering $100-$10,000 in BTC

See it in action

What should we expect in future versions? 

I bet that they will make a USB-C compatible version. 

It would also be great if they made one that is waterproof.

Buy your Opendime

More info

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