Copay

Copay

Copay is an open-source, multi-signature, HD-multisignature bitcoin and cryptocurrency wallet. It enables users to securely store bitcoin and other cryptocurrencies.
Copay image
bitcoin cryptocurrency wallet open-source

Copay: Open-Source Multi-Signature Bitcoin Wallet

An open-source, multi-signature HD-multisignature bitcoin and cryptocurrency wallet for secure storage of various cryptocurrencies.

What is Copay?

Copay is an open-source, multi-signature, HD-multisignature bitcoin and cryptocurrency wallet platform. It was created by BitPay and released in 2015 under the MIT License.

Some key features of Copay include:

  • Open-source code that can be audited and vetted by the cryptocurrency community
  • Support for Bitcoin, Bitcoin Cash, and other cryptocurrencies
  • Multi-signature and shared accounts to improve security and enable group spending
  • Hierarchical Deterministic (HD) security that enables effective backups and privacy protection
  • Intuitive and easy-to-use interface available on desktop, mobile, and web
  • Open API and Payment Protocol integration support for merchants
  • Cross-platform availability, with apps for Windows, macOS, Linux, iOS, and Android

Overall, Copay aims to provide an secure yet convenient way for both individuals and groups to store, send, and receive cryptocurrency funds. Its opensource nature and focus on multi-signature security makes it appealing for technically-savvy cryptocurrency users.

Copay Features

Features

  1. Multi-signature wallet
  2. HD wallet
  3. Open source
  4. Available on desktop and mobile
  5. Supports multiple cryptocurrencies
  6. Built-in address book
  7. Customizable wallet naming
  8. Multiple wallet creation and management

Pricing

  • Open Source

Pros

High security from multi-signature

Hierarchical deterministic wallet for convenience

Open source for transparency

Cross-platform availability

Supports many cryptocurrencies

Easy to use address book

Flexible wallet organization

Good wallet management

Cons

Complex multi-signature setup

Limited to bitcoin and forks initially

Developer abandoned project in 2018

Some users report sync issues

Not as user friendly as some wallets


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