.cryptosat scores partnership with DfnsLabs to create and test first-ever 'Space Wallet': Details
This partnership allows Dfns's Space Wallet to have one or more signers for its storage in space. It makes any sort of attacks unreasonable for even more sophisticated, skilled and powerful malefactors. Cryptosat's satellites are located in low-Earth orbit, which makes them inaccessible to hackers.
Dr Yan Michalevsky, co-founder of Cryptosat, stressed the importance of the launch of this product for the entire segment of cryptocurrency wallets: Right now this mechanism can only generate signatures for Bitcoin transactions, with more blockchains to be added in the coming months.Dr Jonathan Katz, chief scientist at Dfns, is beyond excited about the opportunities unlocked by the new wallet solution in terms of the security and accessibility of crypto transactions:
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