The BitPay wallet app is an officially-supported BitPay distribution of the Copay project.
#Copay vs bitpay code#
Anyone can review or contribute to Copay’s source code on GitHub.
#Copay vs bitpay software#
CopayĬopay is BitPay’s free and open source software run on non-proprietary servers, so there’s no need to rely on any company for continuous support. The new ‘urgent fee policy’ setting allows users to instruct a wallet to include a higher fee for a transaction in order for it to get confirmed sooner. This design consolidation also means that Copay users get introduced to bitcoin and secure bitcoin storage through the same simple backup flow that was introduced with the BitPay app.Īlso new in BitPay version 3.0 is dynamic pricing, which has been gaining popularity in the industry as network fees have increased. With this release, Copay remains a straightforward multi-sig bitcoin wallet with basic functionality, but users now users can also choose to opt into using Gift Card and bitcoin exchange integrations.
Copay continues to be BitPay’s main development head for the BitPay wallet platform.Ĭopay received major design and performance upgrades featured on the BitPay wallet app which significantly advanced the performance of the Copay wallet project. The release brings together the codebases of Copay and BitPay and pushes ahead of the vision the company has for their Copay platform working side by side by the BitPay wallet.īoth apps are now design-for-design and feature-for-feature compatible (with the exception of the BitPay app’s BitPay Card integration). For large balances, we highly recommend the use of the multi-sig capabilities in the BitPay and Copay wallets.Bitcoin payment provider BitPay, announced today the release of version 3.0 for its Copay and BitPay wallets. While it will require tools to be developed, any BCC balances will be accessible to you as long as you have the private keys stored in the app. If you are considering withdrawing funds from exchanges that do not support BCC, it is safe to withdraw to the BitPay or Copay wallets. While BitPay does not have any plans to write software to support BCC at this time, it is possible for third parties to build tools to allow access to BCC balances from Copay or BitPay wallets. If you have a BitPay or Copay wallet, it is essential that you retain your wallets (or your backup words) and not delete them, even if you empty the BTC balance out of your wallets. While users will not be able to observe a BCC balance or create BCC transactions with our apps at this time, it is possible to access BCC at a later date with additional software. Since these apps are true bitcoin wallets, users hold the private keys and have full, exclusive access to their funds.
All BitPay payouts and settlements will be on the main Bitcoin chain as usual.įor users of the BitPay and Copay wallet apps, we also have no immediate plans to support BCC. This means that your customers will not be able to pay a BitPay invoice using BCC. All of BitPay’s activity will be conducted on the main Bitcoin chain as created by the hash rate (mining power) majority. At this time BitPay’s merchant and payouts services have no plans to use or support the Bitcoin Cash fork. We’ve received a lot of inquiries about our stance on the Bitcoin Cash Fork (known as BCC) that is scheduled to activate on August 1st.
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