Tony Gallippi Talks Newest BitPay Innovation: Copay
BitPay's co-founder Tony Gallippi is no stranger to innovation. He helped create BitPay in 2011, making it the first bitcoin-payment processor. It led the path to connecting consumers and merchants, and still does today. At theNorth American Bitcoin Conference in Chicago, Gallippi was excited to expand upon BitPay's newest project and innovation to the Bitcoin community called Copay. CCN. Copay is an open-source multi-signature wallet with some highly interesting features created on BitPay's Bitcore, an open source bitcoin stack. For starters, BitPay is using Copay as one of its platforms....
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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,....
The recent Bitcoin price run has been a long time coming to many observers. BitPay, recently in the news a lot regarding their landmark partnership with ESPN to launch a Bitcoin Bowl, and other large Bitcoin companies are poised to benefit from increased attention and activity in the Bitcoin world. The recent take down of Silk Road 2.0 and dozens of other Deep Web/Dark Net marketplaces by the FBI and other government agencies has driven mainstream media coverage of Bitcoin, Tor, and cryptocurrencies in general. Also read: Bill Gates: "Bitcoin Technology Is Key". BitPay's Tony Gallippi....
Yesterday, BitPay Inc, the world's leading payment processor for Bitcoin announced an expansion to now 10 full time employees. BitPay, founded in 2011 by Tony Gallippi and Stephen Pair, has continued to expand in organizational and merchant growth. Through enabling now almost 7,000 merchants to be able to process payments in the Bitcoin currency, BitPay continues to lead the way in promoting the utility of Bitcoin. BitPay announced the newest additions to the team. Jeff Garzik, Bitcoin core-developer, will join staff to work full-time on Bitcoin and contribute his knowledge on the core....
While covering Bitcoin 2013 in San Jose this past weekend, CoinDesk sat down and talked with Tony Gallippi, co-founder and CEO of the payment processing firm BitPay: CoinDesk: Why do people need BitPay when they can just put their Bitcoin address on their website and get paid for free? Gallippi: (Without a payment processor) you have no idea who just paid you, or what is it for ... CoinDesk: What kind of companies need your service? Tony Gallippi, BitPay. Gallippi: Ninety percent of our clients are e-commerce ... The companies that we have (feel) the most pain trying to collect payments....
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....