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Comment by M4v3R

It's just that people have to understand that current Bitcoin service implementations are wrong. If you have Bitcoin private keys laying somewhere on your server, you are doing it wrong. If you're covering that by the fact that you have "cold storage", you are doing it wrong.

The only proper way to proceed is to use multisignature wallets. If you want to know why that's better, visit our explanation site: https://www.bitalo.com/why_bitalo

Fortnunately Bitalo is not the only service that provides this. More and more services were created lately, most notably:

https://api.trustedcoin.com/wallet/

http://www.bitgo.com

http://greenaddress.it

Vote with your money, don't support "Bitcoin banks" that can run with your money any time they want.

parent M4v3R 12 years ago

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