Dear Bitalo subscribers,
Indeed you did not hear much back from us, but we finally decided to take the time to actually inform you as one of our subscribers on the current status of our project. However, not hearing back anything from us does not mean that we have been idle. You might have noticed that we have updated our website
http://www.bitalo.com/ with additional information.
Since our kick-off meeting in Helsinki in March earlier this year a lot happened and we successfully managed to setup a German Aktiengesellschaft in a perfect environment from regulatory point of view for our potential customers. (If you followed the news, Germany has recently officially recognized Bitcoins as legit form of "private money"). Our team has been developing full time on the site and we are quite close to launch with a closed beta for which you might be contacted if you are interested to participate via our next newsletter.
So what can you expect from us?
"Bitalo" now strives to bring Satoshi's idea to an entire new level with an integrated trading platform. This means that we will be the first site that combines an exchange service with multiple other Bitcoin related offers such as an integrated mining pool. Bitalo will also take the lead in terms of security and be the first integrated exchange service implementing highly secure multi-signature transactions & trading.
For the first time users' coins can no longer be accessed by anyone without the explicit consent of the user. This includes not only hackers, but also the admins. This is a great achievement in times where money cannot be withdrawn from exchanges or so many coins got frozen, stolen or were simply lost.
And here are the details on what will be available:
The most secure online Bitcoin wallet
Yes, all our competitors emphasize how secure their site is and how secure the bitcoins are stored. But Bitalo is really different. We are the first exchange service that implements multi-signature wallets where bitcoins can only be moved if both parties agree! Practically this is a 100% guarantee from hackers or potentially malicious site administrators, as every single bitcoin transfer has to be confirmed by YOU. We never receive your password or unencrypted private key, so even if Bitalo gets hacked, your coins are still safe!
Trade the coins you mined in seconds
We will be the first exchange platform with an integrated mining pool. This means you dont even need to transfer coins between different sites, just use our pool and sell the coins or store them securely in our multi-signature wallets. And if this is not enough to convince you... Our pool fees are lower than those from any other competitor.
Since our concept is actually implementing a world leading security concept, we will proudly present our service to the world on the Bitcoin Expo London 2013 as the main sponsor of the event. You can also follow the free and public event live over a webstream.
More information is available at:
http://bitcoinexpo.co.uk/Our core developer will also be one of the presenters at
http://theconference.eu/ in Amsterdam, next to many prominent speakers to introduce our world-leading security concept to the world.
You can also join us on facebook to increase your chances to participate in the closed beta and of course for further information and updates at:
http://www.facebook.com/BitaloAGThank you for your support and your patience.
Best regards,
Your Bitalo Team.
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