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Title: New Bitcoin Security Standards, multi-signature wallets are becoming standard. Post by: Bitalo_Martin on May 17, 2014, 11:49:34 PM http://www.coindesk.com/year-multisig-so-far/
Bitalo.com explicitly mentioned: Multi-Signature combined with backup transaction technology. Thanks to Two-Factor Authentication you can setup your wallet even on a fully hacked computer and thanks to a backup-transaction you get your bitcoins out, even when the website is completely offline. This is the new standard I hope every Bitcoin site will adapt. Title: Re: New Bitcoin Security Standards, multi-signature wallets are becoming standard. Post by: piotr_n on May 17, 2014, 11:59:09 PM Problem with multisig transactions is that they are big - less of them fit into one block, so they essentially become more expensive.
I guess their price will eventually limit the usage. Not so much a lack of software. |