Bitcoin Wallet Ledger Adds Support for PSBTs, Multisig
The hardware wallet maker released its new Bitcoin application, allowing users to enjoy more complex wallet functionalities.Ledger has launched the latest version of its Bitcoin application, adding support for partially-signed bitcoin transactions (PSBTs), data Merkleization, and new wallet policies, the company said in a statement. The update enables users to create secure multisignature setups with their Ledgers and for Taproot use cases to come in the future.“In order to reach a billion users, it is imperative that we make the technology both easier to use and more robust, and to do....
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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....
The Bitcoin.com Team is excited to announce support for shared (multisig) wallets for Bitcoin and Bitcoin Cash in the Bitcoin.com Wallet. That means you can protect your most valuable wallets with a unique form of two-factor authentication, set up a corporate treasury, safely introduce your kids to Bitcoin, and more.
What Are Shared Wallets?
Standard crypto wallets use one private key to access and send transactions while shared wallets require two or more private keys to access the funds connected with the wallet. Private keys in shared wallets are often given to different....
Name: Ledger Wallet Nano. What it is: A USB bitcoin wallet with smartcard security in a very compact package. Who's behind it: Three French startups: BTChip, Chronocoin and La Maison du Bitcoin. Cost: €29.90. Date launched: December 2014. Summary: The Ledger Wallet Nano is a relatively affordable bitcoin hardware wallet with a few clever tricks up its sleeve. It also looks good and the company promises to make it even better with a companion mobile app set to launch in 2015. CoinDesk rating: 4/5. Where to buy: Direct from Ledger or Overstock.com. The basics. Security. Using the device.....
Ledger's mobile app now allows users to connect to decentralized apps via an integration with open-source protocol WalletConnect.
Times have been busy in the bitcoin wallet world lately. Two hardware wallets - Trezor and BTChip - have finally shipped, and wallet security continues to mature. In spite of all this, though, people who should know better are still being robbed because they fail to add more protection to their bitcoin holdings. To tackle the issue of bitcoin wallet vulnerabilities, it's important to look at the security protections that are currently available for wallets, and to explore what work still needs to be done in the future. Multisig. 2014 was to be the year of multiple signatures (multisig),....