Tag: multisig

Jul 16 2022

Multisignature For The Nontechnical Bitcoiner

Jul 16 2022 Published at Bitcoin Magazine under tags  coldcard culture ledger multisig opinion

Using a managed multisignature solution is a way for the less technical Bitcoin users to protect themselves from centralized, third-party security holes.This is an opinion editorial by Mickey Koss, a West Point graduate with a degree in economics. He spent four years in the infantry before transitioning to the Finance Corps.My family was nervous to hold our own keys. It’s a...

May 25 2022

Blockstream proposes new multisig standard called ROAST

May 25 2022 Published at Coinscreed under tags  blockstream multisig news roast

Blockstream's research division, which focuses on Bitcoin (BTC), has proposed a new sort of multisig standard dubbed Robust Asynchronous Schnorr Threshold Signatures (ROAST). It aims to eliminate transaction failures caused by absent or malicious signers and can operate at scale. The word multisig or multisignature refers to a transaction that requires two or more signatures […]

May 24 2022

Casa Helps Users Secure Their Bitcoin

It’s imperative to use best practices in bitcoin security in order to protect assets. Jameson Lopp shares the ways Casa supports their clients.Watch This Episode On YouTubeListen To...

Apr 27 2022

Weighing The Options Of Bitcoin Private Key Management

What environmental factors should one consider when deciding upon the various options available to store and manage Bitcoin private keys?Bitcoin key management is probably one of the scariest aspects of interacting with your money for a new user with any sizable amount of value. It’s also one of the most important aspects. One of the core aspects of bitcoin that truly differentiates...

Feb 24 2022

Is Block About To Change Bitcoin’s Self-Custody, Hardware Wallet Game? Probably

Exciting times at the Block headquarters. In today’s world, self-custody of your coins is one of the most important things there is. And Jack Dorsey’s bitcoin-focused company knows this. That’s why Block’s Square team is building a hardware wallet, even though Nick Slaney, Product Design Engineer, thinks it’s “so much more.” In a recent Twitter thread,...

Feb 16 2022

Is Polygon safu? Critics: Multisig isn’t secure enough, $5B in jeopardy

Feb 16 2022 Published at CryptoSlate under tags  analysis matic multisig polygon security

Polygon is perhaps the most popular alternative to transacting directly on the Ethereum baselayer (L1), giving users the opportunity to do fast transactions with low fees. Polygon (MATIC) is best known as a so-called side-chain to Ethereum, i.e. an Ethereum Virtual Machine (EVM) compatible blockchain...

Nov 26 2021

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...

Nov 19 2021

Bitcoin Multisig Security Options Are Expanding

Emerging apps like Nunchuk 2.0 show that a robust decentralized financial system is being built on Bitcoin with self sovereignty in mind.The below is a direct excerpt of Marty's Bent Issue #1114: "Multisig option are expanding." Sign up for the newsletter here....

Nov 11 2021

Multisig Setup Saves Bitcoin Stack from Home Burglary

Even though burglars managed to steal the victim’s hardware wallet, his funds were still safe because of his multisig setup.Bitcoin user Callum McArthur’s house was broken into last month, and the burglars stole his hardware wallet and recovery words which stored his bitcoin stack. However, even though the criminals managed to get away with McArthur’s devices, they didn’t know that the keys...

Feb 03 2021

How Bitcoin’s Taproot Upgrade Will Improve Technology Across Bitcoin’s Software Stack

Feb 03 2021 Published at CoinDesk under tags  bitcoin coinswap multisig privacy ptlcs

Scaling, privacy and custody software will all benefit from Bitcoin’s biggest upgrade in years.

Nov 24 2020

Nov 13 2020

Multisig Coordination Software Nunchuk Releases Its Code

Nov 13 2020 Published at Bitcoin Magazine under tags  multisig nunchuk wallets

Recently-launched Bitcoin wallet Nunchuk announced today that it is making its application library, libnunchuk, open source and available to the public. Nunchuk describes its mission as “the proliferation of multisig” and attempts to make multisig wallet security easier to achieve by offering a product that integrates some of the latest developments around partially-signed bitcoin transactions (PSBTs) and descriptor language. “In the early days...

Nov 10 2020

Multisignature Wallets Can Keep Your Coins Safer (If You Use Them Right)

Nov 10 2020 Published at CoinDesk under tags  explainers multisig multisignature tech wallets

Multisignature wallets are cryptocurrency wallets which require two or more private keys to sign and send a transaction.

Jul 16 2020

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