Ciphrex Releases mSIGNATM: The Ultimate Multi-Signature Bitcoin Wallet
Ciphrex Corporation – a leading company in the emerging field of cryptocurrency technologies – will release its newest product, mSIGNATM, at the Inside Bitcoinsconvention in Las Vegas this weekend.
Eric Lombrozo, Ciphrex’s Co-CEO and Chief Technology Officer, will be a conference speaker at the convention. His talk – Bitcoin Security: A Practical Perspective – will provide an overview of best practices for securing bitcoins at both the individual and the enterprise level and will take place at the Flamingo, October 7th at 2:30pm.
Lombrozo is the architect and author of the first scalable multisignature cryptocoin account management system. He has participated in numerous projects related to decentralized consensus protocols, contributing source code and ideas to various open source projects including Bitcoin, Ripple, and Ethereum.
mSIGNATM is a cutting-edge Bitcoin wallet featuring a set of practical and powerful enhancements that better serve the needs of both individual and enterprise users. PC and Mac versions will be available for download on Ciphrex’s website on October 5th.
Noteworthy features of this versatile Bitcoin wallet include offline keychain generation, offline signing, multi-device synchronization, m-of-n multisignature account management, and multiple blockchain support.
Making a significant leap forward, mSIGNATM is a full-fledged multisignature wallet that is truly equipped for enterprise use. Accounts can be individually configured to require any number of authorized and necessary signatures. For instance, a company could have a signing policy with five authorized signatures where a minimum of three are needed to execute any transaction. mSIGNATM automatically coordinates the participation of the authorized signers and broadcasts the transaction to the network once the required signatures have been added.
Ciphrex’s enterprise software features full API support and interoperability with mSIGNATM.
Ciphrex Corp
Ciphrex Corp is a software company providing security tools, account management applications, and application development platforms and libraries for peer-to-peer payment networks. The company is based in San Diego, CA.
Ciphrex Corp: https://ciphrex.com/
Related News
The Atlanta-based company, BitPay, has been hard at work developing solutions for businesses and individuals in the bitcoin space, and from this, recently released a beta of their new multi-signature wallet, Copay. The wallet is completely open-source and aims to provide a multi-signature transaction that occurs on the blockchain and allows complete control of user funds. Released early last week, Copay can change the way bitcoin users think about transaction processes. Multi-signature technology eliminates having to rely on a third-party to store your bitcoins. Instead, what this....
World's leading Bitcoin exchange Bitfinex has partnered with multi-signature technology provider BitGo following the recent hot wallet compromise in which 1500 Bitcoins were stolen. The exchange announced the integration of the multi-signature technology via a press release. Bitfinex will now provide a multi-signature wallet to each customer, allowing traders to keep track of their funds on the blockchain. With this development, the Bitcoin exchange also expects to avert any future hot wallet compromises or at least minimize the impact. Since each user will have an individual multi-sig....
Coinone, a bitcoin exchange in South Korea, recently announced a multi-signature wallet. According to its CEO Myunghun Cha, it was time for the bitcoin exchange to offer "equal level of safety and control" as other multi-signature wallet providers. The company makes use of a third-party API through BitGo, which they deemed as the answer to many security concerns facing exchanges and online wallets. "With its implementation, we hope to bring in more users from the national and international pool of bitcoin users," Cha added. Coinone Bitcoin Exchange Operations. Coinone was built by Devign....
Bitcoin wallet company Coinkite is now free... Or rather their sophisticated, multi-signature wallet is free. Company CEO Rodolfo Novak explains that the amount of bitcoins lost or stolen over time has caused him to feel a twinge of sadness for customers and digital currency enthusiasts, and he and his staff wanted to give those loyal to Coinkite an early Christmas gift in the form of a free, secure bitcoin wallet. Novak states: "Honestly, I think the biggest driver for making the multi-signature free is that I'm sick and tired of seeing people post on Reddit that they lost money. It....
Gem, the Venice, Calif. -based Bitcoin startup offering a multi-signature-based security platform to Bitcoin developers, has partnered with expresscoin, the Santa Monica, Calif. -based digital currency retailer. The partnership will offer Gem's scale-able and secure API wallet to expresscoin users, initially powering internal accounts and operations and eventually powering co-branded, end-user wallets with Gem's multi-signature security solution, thus providing an alternative to expresscoin's current bring-your-own-wallet environment.