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Author Topic: Coinbase has a multi-sig vault. You now control the keys.  (Read 3134 times)
Argwai96
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November 02, 2014, 04:12:07 AM
 #21

It looks like multi-sig vault is the way to go. people loving this idea of having more people involved in the same outlet. Nice one. It was only a matter of time for Coinbase. Cool
I do like this idea, however I think it will be too complicated for many more novice users. I would say that many users who do not have a good technical understanding of bitcoin and/or technology will likely not be able to navigate as to how multi-sig works and how to properly use it
1echo
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November 02, 2014, 04:26:02 AM
 #22

this is one of the best addons now fo exchanges

Domino
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November 02, 2014, 08:05:34 AM
 #23

It looks like multi-sig vault is the way to go. people loving this idea of having more people involved in the same outlet. Nice one. It was only a matter of time for Coinbase. Cool
I do like this idea, however I think it will be too complicated for many more novice users. I would say that many users who do not have a good technical understanding of bitcoin and/or technology will likely not be able to navigate as to how multi-sig works and how to properly use it

For the less tech-savvy new bitcoin users, I believe the normal 2FA is good enough.
For those looking for better security, it is not very hard for them to learn to use multi-sig, personal wallet and offline wallet.

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