Abra declared that their bitcoin wallet app would support ethereum. The news was announced during the annual Consensus: Invest in New York on November 28. From that moment Abra app works with ethereum, bitcoin and some other digital currencies. What is more, users can keep different types of cryptocurrency (e.g. dollars, ethereum and bitcoin) in one application thanks to the update.
Developers of the app are planning to implement multi-signature transactions instead of single-signature system using now. It means that the operation can be completed only if both a client and the app are ready to sing a transaction.
Abra also projects to bring “two of three” signature system using a third-party service. After this update a Contract Oracle acquires a right to sign the transaction for one of the parties. Bill Barhydt, the founder of Abra, noted that developments will help to tighten security and make exchange operations more handy.