Multisig accounts API

http://ift.tt/1mnOvB5

Today we’re announcing a new developer tool in beta: our multi-sig API.

We’re still working on a great consumer interface around this, but for today we’re releasing it to developers only.

Does this put me in control of my Bitcoin?

Yes. Yes it does. When you go and create a multisig account, you provide the extended (BIP32) public keys, which only enable us to create new receive addresses for your convenience. But only you have the extended private keys that can sign transactions and move coins out of these addresses.

How to use

Learn how to use the new API in this new tutorial.

Multisig accounts are considered an advanced feature. You can lose your coins very easily if you’re not familiar with how the bitcoin protocol works.

via The Coinbase Blog http://ift.tt/XxYrfe