Kexcoin Security Update - New Hardware Secured Multi-Sig WalletsteemCreated with Sketch.

in #kexcoin3 years ago

Hi there Kexcoin people,

When it comes to cryptocurrencies, especially when dealing with large sums, you can never be 'too secure'.

On page 8 of the Kexcoin whitepaper we previously stated that we had setup a 2 of 3 multi-signature Bitcoin wallet to hold the ICO funds.

We published the auditable address of this wallet at:

https://blockchain.info/address/3Et4FjM6JmXPB23erkdvWhu2kFfqonFekp

Yesterday we replaced this wallet by setting up a brand new 2 of 3 multi-signature wallet with the addition of hardware wallets to secure the keys.

Each of the key holders Chris, Richard and Simon now have their own personal hardware wallets. 2 out of 3 of these keys are required to move funds from the multi-sig wallet.

The whitepaper has been updated to reflect this and the new auditable address is available here:

https://blockchain.info/address/3Edz8x3HNuigaDxZiwmsQBzqJKtQK4UAeD

As with the previous wallet you will see an amount of Bitcoin going in and then 2 test transactions coming out.

These transactions where broadcast after we created the wallet, to make sure everything worked as expected and to make sure everyone understood the procedure for proposing, checking and co-signing a transaction.

NOTE: DO NOT SEND BITCOIN TO THESE ADDRESSES. FOLLOW THE ICO INSTRUCTIONS ON THE WEBSITE TO OBTAIN KEXCOINS ON THE BITSHARES NETWORK. IF YOU SEND BITCOIN TO THESE ADDRESSES YOU WILL LOSE IT.

Sort:  

1 2

I sometimes worry about bitcoin at night. There is some comfort in thinking that every night, we are getting closer to the moon.

Coin Marketplace

STEEM 0.23
TRX 0.02
BTC 11915.94
ETH 440.01
SBD 1.06