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Official statement here: https://blog.coinbase.com/post-covid-19-coinbase-will-be-a-r... (Although it's annoying that I need to signup for an account to read the statement of a company's CEO)

Wonder how they are going to handle the complexities around crypto custody (esp. cold storage), given it's hard to sign transactions with multiple signatures when your workforce is distributed.




> Wonder how they are going to handle the complexities around crypto custody (esp. cold storage), given it's hard to sign transactions with multiple signatures when your workforce is distributed.

Multisig works great across distances. I’ve built coordination apps for multiple distributed parties to propose and approve and sign Bitcoin transactions before. It’s pretty straightforward.


We (Coinbase) already sign cold storage transactions in a distributed manner so this isn’t an issue :)


(We merged the comments from https://news.ycombinator.com/item?id=23252720 to the first thread that submitted that blog post)




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