[2016-04-29]Overview of Coinbase’s Security in Brian Armstrong’s Words

[Blawpaw]

Overview of Coinbase’s Security in Brian Armstrong’s Words

Coinbase is one of the leading bitcoin wallet and exchange platform out there at the moment. Founded by Brian Armstrong and Fred Ehrsam, the company has its exchange operations spanning across over 32 countries, along with wallet users from over 190 countries on the platform. Brian Armstrong, in his recent blog post, has explained the company’s journey from being a simple platform hosted on Heroku to the current beast of a platform running over Amazon’s Cloud Services...

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[1714652494]

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[1714652494]

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[Carlton Banks]

Yeah, Coinbase have a reputation for security. You'll be secure from:

• Buying BTC when the price dips ("Sorry! Your order with Coinbase could not be fulfilled!" etc)
• Direct access to "your" BTC (which technically belong to them until you withdraw)
• Spending your money anonymously

So, yeah. Real secure. Secure against being able to use Bitcoin like it's actually Bitcoin.