Hi folks,
The Moriarty Bitcoin Network recently launched
https://BitArmored.comBitArmored is designed for Bitcoin Deep Cold Storage. It includes a Live/Hot Wallet whereby users can automatically and instantly transfer funds out to external wallets, and it also includes a Deep Cold Storage wallet. Funds in Deep Cold Storage are held offline. Each user receives a unique electrum wallet which is created offline and managed offline. Users can view their wallet balances (cold and hot) from within BitArmored.
Users can even request a backup of their wallet, in which case we send the user an encrypted flash drive containing their electrum.dat wallet file and seed.
Our Deep Cold Storage accounts are basically 'managed' electrum wallets created and managed by the system administrator on behalf of the user. The user can add funds instantly, withdraw funds, transfer funds to their hot wallet for instant spending, etc. We maintain multiple backups on encrypted drives and cold storage funds are ALWAYS stored offline.
This is NOT a 'trustless' multisig wallet. This is a managed Cold Storage Wallet for users who want absolute technological security without being technologically advanced themselves or having to deal with storage and backups on their own.
Funds in cold storage are 100% hackproof, secure, redundant, and we emphasize ease of use AND security.
We *ARE* launching a trustless hybrid multisig wallet in the near future, but this will be a different kind of service.
For Bitcoin Deep Cold Storage, check out
https://BitArmored.comSincerely,
Dr. Michael Moriarty
The Bitcoin Network
Interview on CryptocoinsNews:
http://www.cryptocoinsnews.com/news/exclusive-interview-bitcoin-networks-dr-michael-moriarty-stanford-phd-becomes-bitcoins-doc-ock/2014/05/17Lifeboat Foundation Advisory Board:
http://lifeboat.com/ex/bios.michael.moriarty
