Casa Launches Free Wallet Service – Bitcoin Magazine
At the moment, Bitcoin custody resolution supplier Casa has launched a free pockets service aimed toward new customers. This app offers a retooled model of the fundamental pockets it affords its members, designed to be easy to make use of however with out the entire premium companies included in Casa’s extra superior merchandise.
“We’re enthusiastic about launching a free and easy bitcoin pockets Financial Diits that anybody can use,” stated Nick Neuman, Casa’s CEO, in an announcement shared with Bitcoin Journal. “Extra persons are turning to Bitcoin as a long-term funding, however they might not know tips on how to retailer it safely… We wish to provide this straightforward pockets for rookies without spending a dime, to allow them to begin their Bitcoin journey safely.”
The free pockets service is offered via the Casa Keymaster app, obtainable on iOS and Android. It’s designed for newbie Bitcoiners with some ease of use options and fundamental directions round non-public key administration, but additionally consists of a number of the options Casa affords to its extra skilled members. It’s constructed on the corporate’s Keymaster expertise, which undergirds its multisignature, membership-level product as properly, and it may be accessed with out the sharing of any private information other than a primary title and e mail, which could be pseudonymous.
“There is no such thing as a location monitoring, no information monitoring and no invasive third-party analytics: customers merely enroll with an e mail and an alias to begin enhancing their Bitcoin safety instantly,” in response to a press launch.
Within the launch, Casa defined that the pockets can also be seedless by default, that means that customers aren’t answerable for recording their very own seed restoration phrases — the lists of phrases which can be generated by bitcoin wallets and permit them to recuperate any funds saved on chain in case one thing occurs to their wallets, usually recorded on items of paper by the customers.
“The Casa Pockets is seedless, that means customers don’t have to fret about securing a paper seed phrase, which is likely one of the largest friction factors for brand spanking new Bitcoiners,” per the discharge. “Casa has created a brand new safe backup mechanism that shops an encrypted model of the important thing within the consumer’s cloud storage — however the decrypted key’s solely ever accessible on the consumer’s cellphone.”
With a flagship multisig pockets product designed by Bitcoin safety advocate Jameson Lopp, Casa positions itself as one of many premium self-custody administration suppliers within the Bitcoin house. This newest free and newbie-friendly providing could also be a super onramp for many who are simply getting into Bitcoin however wish to begin their journey in a method that results in final sovereignty, safety and privateness.
Peter Chawaga is a senior editor at Bitcoin Journal. He HODLs BTC.
I am a Crypto author and journalist. I have been writing about cryptocurrencies and blockchains for over 5 years. I have also been a guest on numerous podcasts and radio shows, discussing these topics. In addition, I am also a crypto advisor and consultant.