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Jack Dorsey’s Payments Startup Square Open-Sources Bitcoin Cold Storage Solution

Submitted by Roy Schestowitz on Wednesday 24th of October 2018 03:45:19 AM Filed under
OSS
  • Payments Company Square Open-Sources Its Bitcoin Cold Storage Tool

    U.S. payments processing company Square has announced that it is open-sourcing its Bitcoin (BTC) cold storage solution in an official blog post published today, Oct. 23.

  • Square Open-Sources Bitcoin Cold Storage System

    Square, the digital payments giant that last year rolled out bitcoin trading through Cash App, its peer-to-peer mobile finance service, has open-sourced the system that the firm uses to manage cold storage for these cryptocurrency assets.

  • Payments Startup Square Is Open-Sourcing Its Bitcoin Storage Solution

    Alok Menghrajani, a security engineer for the company, announced in a blog post on Tuesday that the documentation, code and tools for the company's "Subzero" bitcoin cold storage solution are now publicly available on Github.

  • Square Open-Sources Subzero Bitcoin Cold Storage Solution

    Whilst Cash users can buy, sell and withdraw bitcoin through the app, the bitcoin 00 actually remains with Square in a combination of hot and cold wallets. To protect both itself and customers’ funds, Square needed a robust cold storage solution. Transferring funds out of cold storage requires physical access to the private keys, and there are a variety of methods to secure these offline.

  • Square's Bitcoin (BTC) Cold Storage Technology is Now Fully Open-Source

    San Francisco-based payments solutions provider, Square, has reportedly decided to make its cryptocurrency cold storage technology fully open-source.

    Alok Menghrajani, a software engineer at Square, noted in a blog post published on October 23rd that the source code, software development kit (SDK), and documentation for the company’s cold storage solution is now accessible on Github’s repositories.

  • Jack Dorsey’s Payments Startup Square Open-Sources Bitcoin Cold Storage Solution

    The company founded by Jack Dorsey, who is also CEO of Twitter, has built out its cryptocurrency infrastructure when it started offering Bitcoin payments with Cash App in late 2017.

    The documentation, code, and tools for “Subzero” – the HSM-backed solution designed to protect the startup and users from internal and external threats – can now be found here.

»

More the day after

Submitted by Roy Schestowitz on Thursday 25th of October 2018 01:27:49 AM.
  • The Daily: Square Open-Sources Subzero, Coin Stats Launches Chat Platform

    In this edition of The Daily, we look at Square’s recent decision to open-source its Subzero cold storage solution. We also focus on Bitcurate’s new cryptocurrency market intelligence service, as well as the chat platform that Coin Stats is launching for cryptocurrency investors and coin teams.

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