BitPay Releases Beta for Open-Source, Multi-Signature Bitcoin Wallet

BitPay Releases Beta for Open-Source, Multi-Signature Bitcoin Wallet

Bitcoin payments processor BitPay has released the beta version of an open-source, multi-signature wallet service called Copay. Copay aims to provide a solution to a central security issue posed by the use of a private key - that bitcoins can become compromised and stolen if someone fraudulently gains access to it. The issue has brought a lot of attention to multisig technology, with several notable companies in the ecosystem developing and releasing multisig wallets in recent months. BitPay chief executive and co-founder Stephen Pair told CoinDesk that the company expects multisig....


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BitPay Releases Copay Beta - A New Multi-signature Wallet

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BitPay's Copay Open Source Multisig Wallet Launches in Beta

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BitPay Launches Open Source, Multisig Wallet Copay

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After a year of testing, BitPay has launched, Copay, a secure and shared Bitcoin wallet. BitPay advertises Copay as a “true” Bitcoin wallet rather than an online account, securing users’ personal funds with the option of multi-sig. On BitPay’s official blog, the company says that Copay is an outcome of the efforts put towards the goal it set for itself one year ago. BitPay aimed to build a Bitcoin wallet secure enough for the company’s own funds. BitPay claims that when customers use Copay, they completely control their money. Copay users get secure, future-proof backups that allow access....