mSigna wallet review

mSigna
Complex Ease of use,  High Privacy,  User Private Keys Stored

mSigna wallet platform is a multi-signature wallet solution for storing and trading Bitcoin or Litecoin. It's best for advanced users or companies. Given its advanced security options, this wallet developed by Ciphrex is considered one of the most secure cold storage wallet options on the market today.

This wallet allows users to create multiple accounts and nested sub-accounts each with deterministic keys. There are 2 different platforms one for Litecoin and one for Bitcoin. Other than that there is fairly limited functionality suggesting this wallet is better for storage rather than trading.

Company / organization behind the wallets

mSigna is developed and maintained by CIPHREX, a California-based software company which specializes in blockchain technology. One of the company's co-founders is Eric Lombrozo (Twitter @eric_lombrozo), is a long-time contributor to Bitcoin Core. It has industry heavy weights behind it.

Crypto Currencies Support

Language Support

  • English

Supported Systems

  • Windows
  • OSX
  • Linux

Partners and integrated software

  • I couldn't find any

mSigna is one of the very few wallet platforms that supports offline key generation, offline signing, multisignature account management, and multiple blockchains. It's a perfect example of a wallet that has compromised ease of use and transaction speed for a high level of security. If you have a considerable amount of funds that you want to tuck away for awhile this is a great place to do it.

Summary:

Security
Average
2 Factor Authentication
No
Multi-Signature
Yes
Private Keys Stored On
User
Storage Type
Cold storage
Transactions Validation
Full Node
Hierarchical Deterministic
No

What happens in the event of a disaster/theft/loss?

The user has a 'root key', 'recovery phrase' or 'word seed' that can be used to regenerate private keys.

mSigna is not hard to install, an automatic install wizard more or less takes care of the process. However, it does require some technical reading for the average user in order to use mSigna at its full security potential. After installing you have a lot of options to choose from. Keep in mind it is mainly targeted to businesses.

Summary:

mSigna has an exceptional reputation for security. Many have claimed it is the most secure wallet platform available. This software is designed foremost for enteprise-level usage and should not be used unless you have a good understanding about how the blockchain works and some cryptography knowledge.

Ease of use
Complex
Suitable For
Industry insiders
Account activation process
Comprehensive
Transaction fees
Dynamic Transaction fees
Setup fee
$0.00

This wallet allows users to create multiple accounts and nested sub-accounts each with deterministic keys. There are 2 different platforms one for Litecoin and one for Bitcoin. Other than that there is fairly limited functionality suggesting this wallet is better for storage rather than trading.

There are none

Help and
support:

  • Email

Most common
customer complaint:

none