Mike Hearn [ARCHIVE] on Nostr: 📅 Original date posted:2014-04-08 📝 Original message:> > Multi-sig requires ...
📅 Original date posted:2014-04-08
📝 Original message:>
> Multi-sig requires infrastructure. It isn't a magic wand that we can
> wave to make everyone secure. The protocols and techniques necessary
> don't exist yet, and apparently no one has much of an incentive to
> create them.
It is starting to happen. If you're OK with using a specific web wallet
there's BitGo and greenaddress.it already, though I think their risk
analysis is just sending you an SMS code. I wrote up an integration plan
for bitcoinj a few days ago:
https://groups.google.com/forum/#!topic/bitcoinj/Uxl-z40OLuQ
but guess what? It's quite complicated. As with all these features.
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📝 Original message:>
> Multi-sig requires infrastructure. It isn't a magic wand that we can
> wave to make everyone secure. The protocols and techniques necessary
> don't exist yet, and apparently no one has much of an incentive to
> create them.
It is starting to happen. If you're OK with using a specific web wallet
there's BitGo and greenaddress.it already, though I think their risk
analysis is just sending you an SMS code. I wrote up an integration plan
for bitcoinj a few days ago:
https://groups.google.com/forum/#!topic/bitcoinj/Uxl-z40OLuQ
but guess what? It's quite complicated. As with all these features.
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