Bitcoin : storing private keys offline
i was reading this excellent post from Coinbase [How Coinbase Builds Secure Infrastructure To Store Bitcoin In The Cloud](https://engineering.coinbase.com/how-coinbase-builds-secure-infrastructure-to-store-bitcoin-in-the-cloud-30a6504e40ba)
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and they mention Cold Storage
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>If you have any particularly sensitive keys (in our case, bitcoin private keys) try storing them entirely offline (air-gapped). Coinbase early on made a decision to store the vast majority (98%+) of customer bitcoin entirely offline, in safe deposit boxes.
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so how does that work in daily operations? do they need to physically sign every transaction by taking it into a room with white padded walls? or.. are they just storing back ups offline??
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Bitcoin
Bitcoin is a distributed, worldwide, decentralized digital money. Bitcoins are issued and managed without any central authority.
FindCrypto scans the web for the latest Bitcoin news, so you can find all the latest and breaking news in one convenient location.Author: sonicraf
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