The internet is wonderful, but hackers and scammers are an increasing problem – especially where money is involved. That is why BitBay is paying particular attention to security. We believe we have managed to create the most secure platform for transactions on the internet that the world has ever seen.
Every account uses two keys! Your account is virtually unhackable especially if two locations are used (2FA). Sign transactions from two locations at once. All of this is automated in the software. Give each key a different password! Security on a whole new level.
Hide your keys inside of images making them impossible to find. The most common way wallets are stolen is from a hacker searching for common names like “wallet.dat”. Now you can hide your keys in a photo! A hacker would not even know where to start looking as he would have to decode every single picture on your computer. As a bonus, you can hide and reveal files inside of images for sending secure information to friends.
All communication is encrypted regardless if you use Bitmessage or email. No hacker will be able to read your communication, and use that to scam you. Only through the use of your Client's public and private keys can you decrypt communication with counterparties.
Your trade transactions are protected by smart contracts, making fraud meaningless as it hurts the fraudsters just as much as you
There is no server someone can hack to exploit you.
You are anonymous, so no one can get your personal information. Send private smart contracts directly to your counterparty's bitmessage or email address. Spoofing is no longer possible
Our amazing virtual keyboard option allows you to enter your password without clicking or typing. It also allows you to click on keys and type at the same time. This is absolutely essential if you are storing a lot of funds. Even mouse loggers will be no match unless every movement is recorded.
In order to stake coins users must unlock their wallet. But that creates a risk with the password stored in memory especially if they are connected through an API. However using our two step spending, users can now stake using two computers. This makes your account virtually impossible to hack.
Thanks to Bitmessage our markets share the same level of security as TOR. This is because random users deliver messages making it almost impossible to know the original sender. Markets are simply channels the users can listen to. Only the people with the decryption key can access the orders on a market and there is no way to prove you hold a decryption key. This completely secures you and your personal data.