FrozenBit: Trustless Open Source Multisig, Multicoin and Multiplatform Wallet
Fully securing our cryptocurrencies in a trustless manner has consistently been an ever-present problem. FrozenBit aims to solve this as the first open source multisignature / multicoin wallet via a trustless approach; with support to include Bitcoin, Litecoin, Dogecoin, Quarkcoin and Blackcoin. Moreover, they are attaining to do so by way of end-user simplicity. The driving motivation behind FrozenBit is to create a wallet that has all the conveniences of a hot wallet, while at the same time providing the security of a cold storage wallet. Calvin (FrozenBit Project Lead), summed it up....
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Securing cryptocurrencies has constantly been a problem, which is why FrozenBit is trying to fix this issue with an open-source multi-coin/multi-signature wallet that will include Litecoin, Quarkcoin, Bitcoin, and Blackcoin via a trustless approach. FrozenBit's aim is to create a wallet with all kinds of conveniences, and provide the safety and security of a hot wallet, or cold storage wallet. FrozenBit's Project Leader, Calvin, says: Key features of FrozenBit. As for the privacy issues concerning FrozenBit, FrozenBit's Project Leader, Calvin mentions: “Thus allowing Bitcoin to expand from....
Although the hunger for quality multicoin wallet solutions is undeniable, finding them is no easy task. Especially considering that some of the very best ones have no commercial backing, and are true open source “labor of love” projects that solely rely on the generosity of the users. CCN gets straight to the heart of the matter with the first installment of the Multicoin Wallet Roundup Series and presents you the following candidates. The ALL-CoinWallet-QT multicoin wallet is a very simple open source QT-based multiCoin wallet coded in C#: The Orca RPC multicoin wallet server is perfect....
Today, 13% of Bitcoin is protected by multisig technology. A growing minority of Bitcoin users employ a multi-signature wallet, which uses more than one private key to access the wallet. By using this approach, wallets are much less vulnerable to security breaches, as no single party possesses all the information necessary to decrypt the wallet. Princeton professor Arvind Narayanan tweeted about the significance of the multisig uptick: More cryptocurrency wallets offering multisig support. More Bitcoin wallet providers have recently enabled multisig functionality, as it seems to be headed....
Bitcoin payments processor BitPay has announced that Copay, its multisig bitcoin wallet, is set to leave beta today. Copay, originally known as Cosign, aims to combat bitcoin wallet thefts by offering customisable security for businesses and individuals. Like other multisig products, a predetermined number of parties must 'sign off' each Copay transaction before it is broadcast to the bitcoin network. The app, which has been in development for over a year, is fully open-source and able to be
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....