A few months back we released our Vault product, and the response has been outstanding. Coinbase is now storing more bitcoin than any company in the world (that we know of).
But since the beginning of Coinbase, we’ve heard some clear feedback from our customers: Coinbase should let customers control their own private keys.
In the wake of MtGox and numerous other hacking incidents, bitcoin users are rightfully cautious about anyone claiming to store their bitcoin securely. At Coinbase, we made a decision early on that for bitcoin to reach mainstream adoption, we would need to provide great security as …read more