AIRBITZ IMPLEMENTS DETERMINISTIC SIGNATURES FOR ITS WALLETS

Bitcoin solutions developer Airbitz has developed a mobile wallet that now supports deterministic transaction signatures. The transaction signatures support the RFC 6979 standard. To understand why this is significant, here is some background on signatures and why they are necessary.
Bitcoin uses elliptic curve digital signatures which require a random value with every transaction. Multiple transactions utilizing the same private key and a poor random number generator for transaction signing may reveal a significant portion of the private key.

This post was published at Crypto Coins News on December 8, 2014.