Tag: multisig

Bitcoin Wallet Review – GreenAddress

One of the nuances of using bitcoin is that the user is responsible for the safety of their own money, as there is no central bank or authority to bail you out in the case you send coins to the wrong address. That’s why it is so important to choose the right software to handle your cryptocurrency holdings, in this article, we review the GreenAddress Bitcoin Wallet.  GreenAddress is a solution created …
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Digital Bitbox Is A Swiss Physical Multisig Bitcoin Wallet

There are never enough Bitcoin hardware wallets to choose from, even though there is some fierce competition in this market segment already. Companies such as TREZOR, Ledger, and BitLox are all vying to become the market leader in physical Bitcoin wallets, and new enterprises are emerging as well. Digital Bitbox is one of these new contenders, and they focus on making their solution portable, open source, and supporting mutisignature. Also …
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BitGo – Securing the World’s Bitcoin

What is BitGo? When you download and install Bitcoin wallet software on any device and start it up for the first time, a “private-key” is generated for the user. This “private-key” is needed to sign a transaction in order to send coins from one Bitcoin address to another. If another party acquires your private key through malicious activity, your Bitcoin wallet can be emptied out in a heartbeat. This is …
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How multisig transactions can fix the current Credit Cards’ broken consumer protection system

Why is the current credit card’s conflict resolution system is broken Credit Cards were invented in the 1950s and were first used as plastic traveler’s cheques. They were designed on extending credit to the consumer and allowing the merchant to collect or debit money from the consumer’s account, whats known as a pull system. As credit card users, we have that notion that our transactions are “protected” in the form of …
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