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BitGo launches new Bitcoin transaction tool

Wednesday 20 January 2016 00:20 CET | News

Bitcoin security company BitGo has launched a new service that aims to allow clients to accept Bitcoin transactions prior to their official confirmation on the blockchain.

Called BitGo Instant, the offering aims to allow users to accept transactions, while guarding against the possibility that funds could be double spent or otherwise altered before they settle against the Bitcoin ledger.

BitGo said major exchanges including Bitstamp, Bitfinex and Kraken had already signed on as users of the service. The service follows notable instances in which industry startups like Coinbase and ShapeShift have been the victims of double-spending.


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Keywords: Bitcoin, mining, cryptocurrency, digital currency, online payments, online security, online transactions, BitGo
Categories: DeFi & Crypto & Web3
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Countries: World
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DeFi & Crypto & Web3