Jack Dorsey’s Square Considers Building a Bitcoin Hardware Wallet
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June 5, 2021The explosively growing Cardano (ADA) Reddit community has reached 500,000 subscribers
June 5, 2021According to a Twitter post by Jack Dorsey, Twitter CEO and CEO of payments company Square, Square is considering creating a hardware wallet for Bitcoin. This was reported on the 4th (local time) by YouTube.
He argues that it will be developed completely openly, sharing some of the company’s key principles.
Doge says “Bitcoin is made for everyone,” stressing the importance of creating non-custodial solutions (users own their private keys on a hardware device).
It also provides a Layer 2 solution that Doge deems essential to its growth, while combining availability and security.
Square’s wallet will be presented without a display to make it more convenient and accessible. The company will also strive to provide a “great experience” for mobile users.
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Author/ Translator: Jamie Kim
Bio: Jamie Kim is a technology journalist. Raised in Hong Kong and always vocal at heart. She aims to share her expertise with the readers at blockreview.net. Kim is a Bitcoin maximalist who believes with unwavering conviction that Bitcoin is the only cryptocurrency – in fact, currency – worth caring about.
