BitPay Releases Copay Beta - A New Multi-signature Wallet

After a year of beta testing, the first version of BitPay's multi-signature wallet Copay was released on June 3. Copay is a multi-signature wallet built on BitPay's Bitcore, an open-source platform for bitcoin- and blockchain-based applications. Copay multi-sig wallet is a shared bitcoin wallet, in which each owner holds a unique private key and the ability to push out payments or withdrawals. A transaction initiated in a Copay multi-sig wallet requires the approval of multiple people - efficient for businesses and privacy-conscious users."With Copay, a small company can, for example,....

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....

We've heard a bit on BitPay's doings in the open source field, and today, the company announced on their blog that they've got a multisig, open source wallet in the works called Copay. We've heard of Copay previously, but now it's got its own website at Copay.io, and has launched in beta. At BitPay, we've been working on a multi-signature wallet to help us manage our company funds and we decided that we should make it available to everyone to use and (we hope) build upon. Copay is built on top of bitcore (a highly successful open source bitcoin stack). It also uses Insight, an open source....

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....

BitPay has made its open-source, multi-signature bitcoin wallet Copay available for free on the Windows Phone app store. The bitcoin payment processor launched Copay on the Windows app store Tuesday at the CES consumer electronics and technology tradeshow in Las Vegas. The news follows the December announcement that Microsoft had begun accepting bitcoin through BitPay for select apps, games and video purchases. Still in beta mode, Copay was initially developed for BitPay's internal use, with its multisig functionality proving to be advantageous for corporate fund management and....