Securing Your Bitcoin: Casa is Working on It – Product Release & Updates – Altcoin Buzz

Casa is working on securing your Bitcoin. Whats the company willing to do?

In its new official post, Casa claims to have had an amazing year in 2019. In 2020, the company is willing to continue improving its services. Particularly, ensuring that your BTC is safe and sound.

To begin with, Casa will be laser-focused on Keymaster. The latter is a multisig solution. The company also plans to offer an affordable subscription. For $10/month, anyone can take advantage of securing BTC.

We will be open-sourcing the Casa Node so that anyone can build it on their own hardware (and we wont be building new Nodes for now), the company notes.

The reason why the company is working on securing BTC is evident. Its still difficult to protect your hard-traded BTC. As a result, about 4 million bitcoinshave been lost forever. Every year the crypto community is outraged by yet another major crypto hack. In 2019 alone, the malign actors managed to stealover$150 million in cryptocurrency.

To protect BTC, many people resort to weird acts like burying their keys in their yard. Or just leaving their funds in their hot wallets, waiting to be attacked. Trust me you will be, especially if youre a honey-pot.

Holding your own coins, and your own private keys, unlocks the true value and vision of Bitcoin: the ability to have full control and full sovereignty over your money, says Casa.

The advantage of the keymaster in this regard is that it forgives you for making a mistake.

If you lose a key, you simply rotate it out for a new one using the remaining keys you still have, and your bitcoin remains safe, the company claims.

Accordingly, you dont need your seed phrase at all. The upcoming updates include:

The company says that its product the Casa Node was a massive step forward in usability for Bitcoin and Lightning nodes.

According to it, Node 2 is being shipped and is about to reach its customers. Its sold out. Because the company wants to focus on KeyMaster, itll stop selling Casa Node 2 in the near term.

At the same time, the company is planning to fully open source the Casa Node software and its build scripts/images. Thus, anyone can start building the Casa Node on their own hardware!

Lastly, the company is willing to make changes to its Casa Gold membership. From now on, itll only cost $10/month. The sum will be billed annually.

That means 2-of-3 multisig and peace of mind that your bitcoin is safe now costs less than your Netflix subscription, the company notes.

To remind, Charlie Lee, the founder of Litecoin, was one of the original investors of Casa.

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Securing Your Bitcoin: Casa is Working on It - Product Release & Updates - Altcoin Buzz