Xapo Announces Plans to Upgrade to Bitcoin Classic
Popular bitcoin wallet platform and vault storage service provider Xapo has announced their plans to embrace Bitcoin Classic, a Bitcoin block size increase proposal by 2 megabytes. On February 21, 2016, popular bitcoin wallet platform and vault solutions provider Xapo CEO Wences Casares announced that the company is planning to upgrade to Bitcoin Classic, with a vision to help the Bitcoin network scale efficiently. Bitcoin Classic is a hard fork bitcoin block size increase proposal currently supported and led by Bitcoin Core developers Gavin Andressen and Jeff Garzik, and industry leaders....
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If the headline sounds too good to be true, don’t worry. It isn’t and there’s more. During an interview with Bitcoinist, Xapo CEO Wences Casares said that in the wake of Mt.Gox and Bitstamp, they’re ready to implement their newest features to prove their dedication to security. In a four-part announcement, the California-based company laid out their plans for 2015 that would make any bitcoin enthusiast giddy. The Xapo deep cold storage vaults will now be three-of-five multi-signature enabled. According to Casares, the five private keys will be generated offline. The servers will never....
Bitcoin wallet provider Xapo has announced that they will be launching what has been aptly described as an international bitcoin debit card, which will allow users to spend their bitcoins in places where MasterCard is accepted - both online and at physical locations. The way it works is as you would expect. The card will debit right from the end user's Xapo hot wallet. Upon initiating a transaction, Xapo will check to see if the the requested amount of money is available in the user account. If it is, they will immediately sell it on Bitstamp, and the merchant receives their local....