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I've always told people in the past the Coinkite's model - trust Coinkite to handle security for you - has a valuable place in the Bitcoin ecosystem, however it
by petertodd 12y ago
I've always told people in the past the Coinkite's model - trust Coinkite to handle security for you - has a valuable place in the Bitcoin ecosystem, however it's certainly not for everyone. I personally use Coinkite to store a portion amount of my Bitcoin savings as a diversity measure, but I'd never trust them with everything.
But this new multisig support gives you the option to have the best of both worlds: Coinkite helps keep your Bitcoin's safe, and so do you. And I'll probably move the Bitcoins I currently store at Coinkite to a Coinkite multisig account myself.
Disclaimer: I'm Coinkite's Chief Naysayer. http://blog.coinkite.com/post/85842528071/peter-todd-joins-coinkite-as-chief-naysayer http://blog.coinkite.com/post/85842528071/peter-todd-joins-c...