One of the main features making Armory in the leading positions as a top ranked BTC wallet is the multi-signature addresses option. Before a transaction is broadcasted, you can request up to 7 wallets to all sign it. Next in line is the cold storage aspect of the wallet.
What is armor bitcoin wallet?
Armory is a free Bitcoin cold wallet supporting multi-signature. It is an open-source protocol utilizing high-end protection features. Historically Armory is one of the earliest efficient cold storage cryptocurrency wallets. This wallet has a reputation of one of the most secure Bitcoin wallets.
What are the best bitcoin wallets?
Armory is one of the first Bitcoin wallets. Created back in 2012, this open source wallet offers a high level of security and it is a popular choice among the slightly more advanced cryptocurrency community. Prior to 2012 cold storage was a theoretical subject with very few real-world applications.
Is bitcoin a good investment?
A common rule of thumb is to devote only a small portion of a diversified portfolio to risky investments such as Bitcoin or individual stocks. Whether or not Bitcoin is a good investment for you depends on your individual circumstances, but here are a few pros and cons of Bitcoin to consider. Cost-efficient transactions and fast speeds.
