What is the Bitcoin Conio wallet?

A Bitcoin wallet is software with which to securely store, send and receive Bitcoin. This is analogous to a physical wallet. However, instead of storing physical currency, the wallet stores the cryptographic information (private and public keys) used to access your Bitcoins and send transactions.

Multi-signature system

Compared to classic Digital Wallets where you have a private key from which to generate public addresses on which to receive Bitcoins, our custody technology is based on a Multi-Signature 2/3 architecture, i.e., a security protocol with 3 private keys, 2 of which are online and 1 offline. 2 out of 3 signatures are required to authorize a transaction on the network. The first is in your possession and is summarized by your password and represented by the 12 words; the second is held by Conio online while the third is kept in an offline repository and used in case the user loses his key. Thanks to our technological solution, you will always be able to recover your Bitcoins even if you lose your private key. If you want to learn more about how our security protocol applied to the Conio Bitcoin Wallet works, go to the "Security" section and read the faq "Wallet Security and Recovery System."

Address Generation

The Conio Bitcoin Wallet has a tree structure: with a single private key you can generate an infinite number of public keys and related addresses on which to receive Bitcoin. This tool is very important, since every Bitcoin transaction is public, and using a single address for all your transactions is a highly inadvisable practice and detrimental to your privacy. With your Conio Bitcoin Wallet, this problem is already solved.

Is Conio secure?

Over the years, Conio has developed a very high security standard that ensures the safety of users and the integrity of Conio's technological infrastructure. We leverage cutting-edge technologies, which are constantly improving, to guarantee you the best service in terms of efficiency and speed.

Our security protocol, on the other hand, has a 3-private key structure, such that you will always be able to recover your funds, even if our company is declared bankrupt.

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