Bitcoin

Security of bitcoin

Cubits is German Engineering at its best. We combine security security of bitcoin cutting-edge technologies with ease-of-use to bring customers an unbeatable experience.

We live by the highest standards of security in everything we say and do. We keep your funds safe. We combine unyielding security and cutting-edge technologies with an intuitive interface to bring our customers an unbeatable experience. Based in Berlin, our development team strives for excellence in Cubits’ design and technology, putting us at the forefront of Bitcoin development. We are Bitcoin experts with an exceptional understanding of Bitcoin technology and its challenges.

Our team includes individual developers with 15 years of experience in creating web applications as well as specialists from various industries, including telecommunications, financial services, equities trading and Bitcoin development. The founders of Bitcoin Austria, the Bitcoin Foundation Ukraine and various Bitcoin meetup organizers are just a few of the dedicated Bitcoiners comprising our business analytics and management teams. IT TOOK US OVER A YEAR TO PERFECT A UNIQUE IT SECURITY APPROACH. Above all, we want to create an unparalleled service for our customers because we value quality and usability. Additionally, we ensure that physical access to the computing facility and all cold storage hardware is highly restricted. All seeds and data are stored with additional encryption to ensure that in the near-impossible event of stolen hardware, all stored Bitcoin would remain safe and secure. All your funds are protected with Bitcoin multi-signature technology.

This means our Bitcoin storage and handling protocols have no single point of failure. We’ve carefully designed a system that makes side channel attacks on our hardware and software close to impossible, giving our cold wallet funds the maximum security. Our hot wallet is used for real-time outgoing Bitcoin operations like buying or withdrawing Bitcoin. Although the wallet is online at all times, the sensitive material is distributed among independent hosting locations which are individually secured and monitored. Even though we put great care into designing and maintaining this infrastructure, we are fully aware that by the very nature of a hot wallet we cannot achieve the same level of security as with our cold wallet.

To ensure this, all deposit addresses are directly issued from the cold wallet so that we are always in complete control of the hot wallet balance. It doesn’t get more secure than this. Give Cubits a free try. This article is semi-protected until October 23, 2019. As of February 2015, over 100,000 merchants and vendors accepted bitcoin as payment. 8 million unique users using a cryptocurrency wallet, most of them using bitcoin.

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