Production Threshold Signing Service

1 · Coinbase · May 4, 2021, 4:31 p.m.
By Anika Raghuvanshi, Software Engineer on the Crypto Engineering TeamWhen generating keys to secure customer funds, we take many precautions to ensure keys cannot be stolen. Cryptocurrency wallets are associated with two keys: a secret or private key, known only to the wallet holder, and a public key, known to the world.¹ To send funds from a wallet, the wallet owner produces a valid digital signature, which requires signing a message (a transaction in this case) with their private key. If a ma...