Key management can be very stressful to cryptocurrency investors and users who control a large amount of crypto funds. Despite your best efforts, it can be very easy to compromise a key that has had any exposure to the internet, or to hijack a user’s phone, in order to steal their digital assets. So it’s […]
/wp-content/uploads/2019/10/how-to-setup-ledger-nano-s-with-algorand-1200.png4181200Derek Yoo/wp-content/uploads/2019/08/PureStake_Logo-Horizontal-340x156-300x138.pngDerek Yoo2019-10-14 12:18:222019-10-29 14:06:05Security Check-up: How to Use Ledger Nano S to Secure Algorand Accounts
Multisig transactions are a great deal more secure than single-key transactions, and for good reason: you’re removing a single point of failure, and distributing signing responsibility to a greater number of keys. However, this can add a great deal of effort to the transaction process when it comes time to send your funds to another […]
Multisig accounts and offline keys provide a great deal of added security, but are not always simple to set up. To help you get started, I’ve outlined the steps you will need to take to create a multisig account with Algorand and store keys offline on an air-gapped device. For this tutorial, you will need […]
/wp-content/uploads/2019/09/how-to-use-multisig-banner.png3591030Derek Yoo/wp-content/uploads/2019/08/PureStake_Logo-Horizontal-340x156-300x138.pngDerek Yoo2019-09-23 07:00:422019-10-21 11:14:11How to Use Multisig and Offline Keys with Algorand
Many blockchain networks have added native support for multisig accounts as a more secure option compared to the default single-key accounts that most people use. While a multisig approach has many far-reaching advantages, the primary benefit is drastically improved key security: to complete a transaction, you will need two or more valid keys. This eliminates […]
/wp-content/uploads/2019/09/multisig-keys-3-of-5.png3591030Derek Yoo/wp-content/uploads/2019/08/PureStake_Logo-Horizontal-340x156-300x138.pngDerek Yoo2019-09-17 10:14:332019-10-01 10:21:17How the Use of Multisig Accounts and Offline Keys Improves Security
In everyday life, we are faced with decisions to either buy readymade solutions or to build something from scratch. Whether it’s a large purchase like buying a home, or something considerably smaller like choosing between two couches, there are pros and cons to each side. Do you want to stay up until 2:30 in the […]
/wp-content/uploads/2019/09/buy-vs-build-infrastructure-as-a-service.jpg3591030Nate Hamilton/wp-content/uploads/2019/08/PureStake_Logo-Horizontal-340x156-300x138.pngNate Hamilton2019-09-12 09:57:372019-10-21 11:16:49Advantages of Buying Blockchain Infrastructure-as-a-Service vs. BUIDLing It Yourself
Security Check-up: How to Use Ledger Nano S to Secure Algorand Accounts
/in Blog /by Derek YooKey management can be very stressful to cryptocurrency investors and users who control a large amount of crypto funds. Despite your best efforts, it can be very easy to compromise a key that has had any exposure to the internet, or to hijack a user’s phone, in order to steal their digital assets. So it’s […]
A Multisig Transaction Example: 5 Steps to Sending Algo Securely with an Algorand Multisig Account
/in Blog /by Derek YooMultisig transactions are a great deal more secure than single-key transactions, and for good reason: you’re removing a single point of failure, and distributing signing responsibility to a greater number of keys. However, this can add a great deal of effort to the transaction process when it comes time to send your funds to another […]
How to Use Multisig and Offline Keys with Algorand
/in Blog /by Derek YooMultisig accounts and offline keys provide a great deal of added security, but are not always simple to set up. To help you get started, I’ve outlined the steps you will need to take to create a multisig account with Algorand and store keys offline on an air-gapped device. For this tutorial, you will need […]
How the Use of Multisig Accounts and Offline Keys Improves Security
/in Blog /by Derek YooMany blockchain networks have added native support for multisig accounts as a more secure option compared to the default single-key accounts that most people use. While a multisig approach has many far-reaching advantages, the primary benefit is drastically improved key security: to complete a transaction, you will need two or more valid keys. This eliminates […]
Advantages of Buying Blockchain Infrastructure-as-a-Service vs. BUIDLing It Yourself
/in Blog /by Nate HamiltonIn everyday life, we are faced with decisions to either buy readymade solutions or to build something from scratch. Whether it’s a large purchase like buying a home, or something considerably smaller like choosing between two couches, there are pros and cons to each side. Do you want to stay up until 2:30 in the […]