Tag: multisig

Coinbase Shuts Down Multisig Vault Service

Coinbase is still one of the biggest cryptocurrency exchanges in the world. As such, any decision made by the company will be scrutinized. It now seems the company will remove multisig vault support in the next few weeks. It’s a rather controversial decision, although it also makes a lot of sense. Coinbase Doesn’t Want Unprofitable Services The concept behind Coinbase’s multisig wallet service is simple to explain. It offers an additional layer …
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BitIRA Turns to Fully-Insured Cold Storage for Digital Currencies

BitIRA is a remarkable company for multiple reasons. They are the world’s only secure digital currency IRA solution. To improve their current products, the company recently introduced a few different insurance and security policies. As such, all BitIRA users can now enjoy a fully-insured product with funds kept in cold storage at all times. A big Step Forward for BitIRA It is evident any financial solution linked to digital currencies will …
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5 Exciting Monero Developments to Look Forward to in 2018

A lot of top cryptocurrencies will roll out some major features in the coming weeks and months. In the case of Monero, a lot of exciting developments are on the horizon for 2018. Although there is no official timeline for some of these developments, certain features and integrations have been in development for several months. Below are some of the things to look forward to relating to Monero in 2018. 5. …
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What is a Multisignature Bitcoin Address?

In the bitcoin world, there is often a lot of talk about securing cryptocurrency wallets in various ways. One way to do so is by using a multisignature wallet structure, which requires authorization from multiple users before money can be transferred. However, it seems there is still a lot of confusion as to how multisignature wallets work. The Inner Workings of a Multisignature Wallet Multisignature wallets – often referred to …
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