Cryptocurrency Information Bureau News: Swiss Relai and Casa partner up! Secure your Bitcoin assets with multi-sig security. #BitcoinSecurity #Relai #Casa
Video explanation
Attention Bitcoin beginners! Is there a safer, more secure way to hold Bitcoin?
Hello everyone! I'm John, your local blockchain expert. Lately, you've been hearing a lot about the word "Bitcoin," but it seems a bit complicated... Have you ever thought about it? Today, I've got some exciting news for you that may make Bitcoin more accessible and safer to use! A Swiss company and an American company are teaming up to launch a new service. Let's take a look together!
These two companies are the focus of the news! What kind of companies are Relay and Casa?
The two companies at the center of this news are a Swiss company called Relai and an American company called Casa.
- Relay: It is a company that provides a service that allows people living in Europe to easily buy and save Bitcoin. It's like "saving up Bitcoin (saving up a little bit of money every month)". Switzerland is also famous as a financial country (meaning systems and services related to money), so it feels a bit reassuring.
- Casa: This is a company famous for its technology for safely storing Bitcoin, especially the special security technology called "Multi-Sig". It's something like "Iron-clad protection for your Bitcoin!" I'll explain it in detail later!
The fact that these two companies are teaming up could mean that Bitcoin will become easier to buy and even safer to hold!
What will you be able to do with the new service? Three things to look out for!
So, what exactly will be possible with the new service that Relay and Casa are launching together? There seem to be three main points.
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You can save up Bitcoin little by little (savings)
First of all, Relay's specialty, "Bitcoin installment purchases (buying Bitcoin little by little on a regular basis)" may become even easier to use. By buying more Bitcoin little by little each month, you can build up assets (your property) for the future while reducing the risk of investing a large amount at once. Beginners will be happy to be able to start Bitcoin in the same way as they would with a bank installment deposit.
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Ironclad defense! What is "Multisig Security"?
The second point to note, and perhaps the most important, is "multisig security." ... Hmm, that sounds like a difficult term! Don't worry, John will explain it in an easy-to-understand way!
"Multisig" is an abbreviation of "multi-signature" and means "Multiple Signatures" What would happen if we used this for Bitcoin security (a mechanism to ensure safety)?
For example, let's say there is a very important treasure chest. In order to open this treasure chest,Instead of just one key, you need, say, three different keys.Then, keep those three keys in three different safe places - with you, a trusted family member or friend, or even yourself.
Even if a thief steals one key, the chest won't open because he needs two more keys! That's pretty safe, don't you think?
In the case of Bitcoin, this "key" is a piece of digital information called a "private key" (think of it as a password). Multisig is a mechanism that requires multiple private keys when sending or spending Bitcoin. Therefore, even if someone learns the information of one private key, there is a much lower risk of Bitcoin being stolen. Casa is an expert in this multisig technology.
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Peace of mind in the unlikely event of an accident? We also support "inheritance planning"
The third is support for "inheritance planning." Bitcoin is also a valuable asset, so it is very important to prepare so that you can smoothly pass it on to your family and loved ones if something happens to you.
However, many people don't know what to do about inheriting digital assets (property on the Internet) like Bitcoin. This new service seems to help with preparing for such "what if" situations, that is, with inheritance planning for Bitcoin. Now you can hold onto your Bitcoin for the long term with peace of mind.
What does this news mean for us?
You might be thinking, "This is about a Swiss or American company, right? It doesn't really concern us..." But John thinks this news is a very good sign for the entire Bitcoin world.
Because,
- More BitcoinEasy to get startedTo become like that.
- And moreSafe to manageTo become like that.
- Furthermore, I can think about the futureTo become like that.
These are very important steps to make Bitcoin accessible to more ordinary people, rather than just a select few.
It's especially great that advanced security like "multi-sig" will be provided in an easier-to-use format. This should provide great peace of mind to beginners who have hesitated to use security because they thought "security is important, but the settings seem difficult..."
John's words
This partnership between Relay and Casa makes me feel that we are in an era where we need to seriously think about not just buying Bitcoin, but holding it safely and for the long term. It's great to see that technology is evolving and moving in a more convenient and secure direction for us users. I think this is great news for people who want to get started with Bitcoin!
This article is based on the following original articles and is summarized from the author's perspective:
Swiss Bitcoin Platform Relai & Casa Partner to Offer
Multisig Bitcoin Security