Concepts
The design principles behind Ownbit — read these to understand what the wallet does and, just as important, what it does not do.
Self-custody
Self-custody means you hold the keys to your crypto, not a company. In Ownbit, keys and the seed phrase are generated on your device and stored there encrypted — never uploaded — so no one else can spend, freeze, or lose your funds on your behalf.
OpenKeys and standards
Ownbit follows the open Bitcoin Improvement Proposal standards — BIP39 for the seed phrase, BIP32 for key derivation, and BIP44 for account paths. Standards matter because they keep your seed portable and your recovery predictable.
OpenMultiSig explained
A MultiSig (multi-signature) wallet is controlled by several participants, where any m of n must sign to spend. It removes the single point of failure of one key — no single lost phone, stolen seed, or rogue individual can move the funds alone.
OpenCold wallet and the air gap
An air gap is a permanent physical break between the device that holds your key and any network. Ownbit's cold wallet is a permanently offline phone whose only channel to the outside world is a human-readable QR code — nothing else crosses the gap.
OpenMultiSig web console
The Ownbit MultiSig web console lets you manage and co-sign MultiSig wallets directly in a browser — nothing to install. It is built for teams and companies that operate many MultiSig wallets and need to review and sign at scale.
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Download Ownbit
Install the app, then set up a cold wallet or MultiSig for the workflow you need.