Bitcoin payments processor BitPay has announced that Copay, its multisig bitcoin wallet, is leaving beta.
Copay, originally known as Cosign, aims to offer combat wallet thefts by offering customisable security layers for businesses and individuals.
Like other multisig products, a predetermined number of parties must 'sign off' each Copay transaction before it is broadcast to the bitcoin network.
The app, which has been in development for over a year, is fully open-source and able to be "forked, changed, and developed by the community," the company said.
The launch follows various other multisig wallets as the technology gains ground in the wider bitcoin ecosystem.
Just last month, UK-based digital assets service provider Elliptic partnered with Gem to offer a custodian service for the private keys of multisig wallets. The californian bitcoin API developer, which has raised $3.3m to date, launched its multisig wallet API back in April.
Disclaimer: Bitcoin News founder Shakil Khan is an investor in BitPay.
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