I’m excited to announce Abra’s new Bitcoin-based multi-signature wallet for holding, sending and exchanging between digital assets, starting with ether and 52 fiat currencies as the first supported asset types. These updates, currently live for a limited number of users, will be rolled out to all users next week. With Abra, all software contracts are based on bitcoin and payout via bitcoin. Unlike other solutions, Abra does not take custody of consumer funds or private keys in the management and storage of these digital assets.
Big news! You can now have more than one wallet in your Abra app! Here’s why this is a game-changer: Buy & sell at a spot rate: Load up your fiat wallet and keep your funds there until you decide it’s the right time to buy bitcoin. Then do the exchange. You’ll have bitcoin in hand as soon as the transaction is confirmed on the blockchain. Keep two separate balances: If you want to take advantage of the volatility in bitcoin prices, you can buy
The SegWit2X hard fork planned for next week has been called off by a majority of the miners as well as the development leaders of the effort. While there is a chance that a minority of miners may choose to move forward with a 2x hard fork, Abra currently has no plans to support the minority chain in any form. In other words, there is no forthcoming change to Bitcoin and you may continue to transact as always with Abra. Bitcoin Cash Conversion Update As