Blockstream Green Summary

Overview

• Blockstream Green is an open-source wallet with android and iOS support, reproducible builds, and various features like multisig, TOR, hardware wallet support, and free 2FA.
• Users appreciate its functionality, multisig capabilities, and security features.
• Some users raise concerns about compatibility issues, lack of certain address types, and backup standards.

Pros

• Open-source with reproducible builds.
• Android and iOS support.
• Multisig feature.
• TOR integration.
• Hardware wallet support.
• Free 2FA.

Cons

• Defaulting to single sig BIP39 when 2FA is not selected may be inconvenient.
• Limited address type options of P2SH segwit and Native segwit.
• Recovery process is complex for beginners.
• Lack of certain features like coin control.
• Some users report bugs and clunky UI.

User Recommendations

• Best for Newbies: Considered a good choice for beginners due to 2of2 multisig security.
• Alternative for Apple OS: AQUA Wallet by Blockstream is suggested for Apple users.
• Hardware Wallet: Recommended for storing large amounts of Bitcoin, with options like Coldcard and Jade being popular choices.

Related Discussions

Hardware Wallets

• Trezor is recommended for its security features.
• Coldcard is praised for its security and Bitcoin-only edition.
• Jade is suggested for Blockstream Green users for seamless integration.
• Consider a hardware wallet for amounts above $1k in crypto for better security.

Other Wallets

• BlueWallet is preferred for its Xpub feature for linking to tax software.
• Samourai and Exodus are mentioned, with mixed opinions.
• Avoid using hot wallets for large amounts of Bitcoin.

Additional Information

• SPV Verification: Explained as a way for wallets like Green to verify transactions with the help of a full node.
• Watch-Only Wallets: Users highlight limitations of watch-only wallets in terms of accessing funds.
• Experimental Features: Green allows Lightning account to send and receive BTC with Lightning alongside regular wallets.

Controversial Discussions

• Users express frustration with recovery processes on Green Wallet and criticize the handling of sensitive data.
• Disagreements regarding the actions of prominent figures like Theymos in the Bitcoin community are discussed.

This summary covers user opinions, experiences, and recommendations related to Blockstream Green and relevant topics like hardware wallets and wallet features.