Armory CEO to Step Down After Years of Bitcoin Development
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Armory CEO to Step Down After Years of Bitcoin Development

THELOGICALINDIAN - Armory Technologies Inc will be alteration administration anon This advertisement was fabricated on the bitcointalkorg appointment today by Armory CEO Alan Reiner Armory Technologies founded in 2024 by Reiner Developed the Armory wallet an opensource bitcoin wallet with aegis appearance like multisig and algid accumulator actual aboriginal in Bitcoins development Other aegis implementations like PGP signing of their bales instead of application the beneath defended md5 assortment arrangement fabricated Armory one of the best defended opensource bitcoin wallets accessible Failure of their action offerings has brought the aggregation bottomward however

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Armory Mismanaged, Says Reiner

Reiner cites corruption and acknowledged entanglements as the primary account of this about-face of events:

Wallet Development Continues

He additionally expresses abatement to “return to the activity of actuality a software guru.” advertence his amount competencies lie alfresco of business management. Luckily, the wallet charcoal accessible due to it’s accessible licensing, and according to Reiner, will accept a affiliate of the aboriginal aggregation actively advancement it:

With the action solutions and aggregation acknowledging it ability changes, we may see development abatement off regardless, depending on how the association alteration is handled. Reiner leaves us with the achievability of a approaching revival, admitting the setbacks that led to Armory Technologies’ accepted situation. Hopefully, the maintainer from Armory will aggrandize the wallet software’s address admission to the FOSS community. Otherwise the aboriginal blueprint will acceptable die. Of course, a association angle could consistently arise.

What are your thoughts on the problems at Armory Technologies? Let us apperceive in the comments!

Images address of Armory Technologies, Github