Block’s Bitkey, a Bitcoin $103,441 wallet under its control, is set to receive new features in the near future. The company continues to work on enhancing user security and privacy.
Bitkey Additional Features
In a social media post, Jack Dorsey shared that the wallet will see transaction verification, fingerprint reset, and privacy-focused enhancements. These announcements indicate the wallet aims to improve the overall user experience.
Significant security innovations in the wallet include the development of transaction verification software and the integration of a fingerprint reset mechanism. According to plans, users will see the transaction verification feature by mid-year.
Max Guise: “We will publish our technical goals for equipped transaction verification and optional cold wallet configurations. This project is complex, and we plan to gather feedback during the summer season.”
Moreover, the fingerprint reset mechanism is expected to be launched in May, with a thorough focus on security.
Privacy Improvements
In the realm of privacy, work is underway on new features that will keep users’ wallet balances and transaction details confidential. These updates aim to prevent the sharing of user information.
Max Guise: “In the near future, we plan to offer privacy upgrades that will allow users to make transactions without revealing their wallet balance and personal information.”
In addition, the aim is to offer options for conducting transactions during the purchase of a Bitkey device without exposing personal information, such as addresses. The ability to purchase from various delivery points across the United States is also among the planned innovations.
Developer notes express that the ongoing work aims to meet user expectations in both security and privacy aspects. Technical documents will be prepared to facilitate feedback gathering throughout the process.
The implementation process of the updates suggests that steps will be taken to enhance user experience and increase information security. Stakeholders will be able to closely monitor how the announced innovations will be realized in the upcoming periods.