Bitcoin Wallet

Blockstream’s New Green Wallet Is ‘Probably the Most Secure’ On the Market

Christina Comben | Mar 20, 2019 | 16:00

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Bitcoin HODLers rejoice. Now there’s an even safer, easier way to store your private keys–the all-new Blockstream Green Wallet for iOS and Android.

Blockstream Releases Green Wallet

Rebranded from the GreenAddress Bitcoin mobile wallet, this all-new version promises to offer a more seamless UX and heightened security. It’s arguably one of the safest, sleekest, and most convenient mobile wallets for storing and tracking Bitcoin transactions.

Like its predecessor, this wallet uses 2-of-2 multisig by default. Perhaps one of it’s most impressive features, though, is that the Blockstream Green keeps one key on your device and the other on the company’s servers.

This means that if you lose your mobile device or it gets stolen, no one can get their hands on your funds.

There’s also a host of 2FA methods available within the app from Google Authenticator to email, phone call, or SMS, depending on your preference.

According to the company post, there are “too many features” to mention. However, it reassures current users that:

We’ve retained the same multisig security that our existing users know and love, while packing in a whole host of advanced features that should get our power users excited.

Support for Trezor and Ledger

For those of you used to using the Trezor One or the Ledger Nano S, the good news is the Blockstream Green wallet works like a charm with both.

If you’ve already ordered a Ledger Nano X, you’ll have to wait a little longer until the Green is compatible. The company is currently working on support for later models.

Developed by original cypherpunk and Hashcash inventor Adam Back (one of the most respected names in the space), you don’t need to undergo KYC to use this wallet. In fact, all you need is an email address for wallet recovery purposes only.

Let’s be clear. If you’re looking to store and trade a host of altcoins, this isn’t the wallet for you. But if you’re looking for the best in cryptographic security for your Bitcoin, it doesn’t get much better than this.

According to Back:

IMO using @Ledger or @Trezor hardware wallet with @Blockstream green on Android plus multsig 2FA (Google auth with offline device) & the option of cross-verifying with your own fullnode over Tor is probably the most secure self-contained portable Bitcoin solution available today.

— Adam Back (@adam3us) March 20, 2019

As a cypherpunk, cryptographer, and pioneering Bitcoin miner whose technology is still used today, you couldn’t ask for a more qualified person to design your wallet security.

Back’s creation Blockstream is a pioneer in the industry with the mission of “creating the financial infrastructure of the future”–all based on the most secure blockchain there is–Bitcoin.

Will you be trying Green Wallet? Share your thoughts below!

Images courtesy of Shutterstock