[Wallets](https://revain.org/wallets/) › Blockstream app

# Blockstream app: keys, security, fees and reviews

Software wallet

## In short

- **Key control**: Self-custodial: the app generates the private keys and stores them on the user's device.
- **Risks and caveats**: If the device is lost or broken and the recovery phrase was not backed up, the funds cannot be accessed.
- **Checked**: 28 October 2026

## Key facts

- **Wallet type**: Software wallet
- **Who holds the keys**: the user (self-custody)
- **Developer**: Blockstream Corporation
- **Platforms**: iOS, Android, desktop
- **Open source**: yes
- **Official site**: [blockstream.com/app](https://blockstream.com/app/)

Key facts checked on 28 October 2026 against official sources.

## Status

Renamed: GreenAddress became Blockstream Green in March 2019, and Blockstream Green became the Blockstream app in May 2025.

## What is Blockstream app

The Blockstream app (formerly Blockstream Green, and before that GreenAddress) is a self-custodial Bitcoin wallet made by Blockstream. It covers on-chain bitcoin, Lightning and Liquid assets, runs on mobile and desktop, and can work with the Blockstream Jade hardware wallet.

## Who holds the keys

| Parameter | Details |
|---|---|
| Key control | Self-custodial: the app generates the private keys and stores them on the user's device. |
| Recovery | Funds can only be recovered with the backed-up recovery phrase if the device is lost or broken. |
| Account model | Optional 2FA multisig accounts: one key on the device, a second held by Blockstream and released only after a two-factor code. |
| Spending without Blockstream | In 2-of-2 accounts the device key alone can spend after a timelock (about a year on Bitcoin, about 45 days on Liquid); 2-of-3 accounts add a user-held backup key. |

## Features and supported networks

| Parameter | Details |
|---|---|
| Platforms | iOS, Android (Google Play and F-Droid), macOS, Windows and Linux. |
| Supported networks | On-chain bitcoin, Lightning and Liquid assets in one view. |
| Liquid assets | Through the Liquid Network the app supports tokenized assets such as L-BTC and USDT, with Confidential Transactions. |
| Buy / sell | Bitcoin can be bought in the app through integrated exchange partners. |
| Hardware wallet support | Works with the Blockstream Jade hardware wallet. |
| Multisig | 2-of-2 (2FA Protected) and 2-of-3 multisig accounts; 2FA by authenticator app, SMS, email or phone call. |

## Security and audits

- The app is open source; Blockstream describes it as 100% open-source software.
- The Android app's source code is published on GitHub under the GPL-3.0 licence.
- A 2FA multisig account needs both the device key and Blockstream's key to send, so a stolen phone or leaked recovery phrase alone cannot move those funds.
- An open-source recovery tool lets users of multisig accounts move coins without Blockstream's servers.

## History

| Date | Event |
|---|---|
| 27 July 2016 | Blockstream announced it had acquired the GreenAddress wallet. |
| 19 March 2019 | A rebuilt GreenAddress mobile wallet was released as Blockstream Green for Android and iOS. |
| 19 March 2019 | Blockstream said it would gradually retire the older Greenbits and GreenAddress wallets. |
| 29 May 2025 | Blockstream introduced the Blockstream app, built on the foundation of Blockstream Green. |

## Risks and caveats

- If the device is lost or broken and the recovery phrase was not backed up, the funds cannot be accessed.
- In 2FA Protected (2-of-2) accounts, spending needs Blockstream's server key until each deposit's timelock expires (about a year on Bitcoin by default).

## About the developer

- **Developer**: Blockstream
- **Founders**: GreenAddress was created by Lawrence Nahum, who joined Blockstream with the acquisition.

## Official links

- Website: [blockstream.com/app](https://blockstream.com/app/)
- Docs: [help.blockstream.com/blockstream-app/set-up-transact-recover-your-wallet/set-up-a-new-wallet](https://help.blockstream.com/blockstream-app/set-up-transact-recover-your-wallet/set-up-a-new-wallet)
- Source code: [github.com/Blockstream/green_android](https://github.com/Blockstream/green_android)
- Blog: [blog.blockstream.com/introducing-the-blockstream-app-the-bitcoin-wallet-that-grows-with-you-2](https://blog.blockstream.com/introducing-the-blockstream-app-the-bitcoin-wallet-that-grows-with-you-2/)

## Questions and answers

**Is the Blockstream app self-custodial?**

Yes. The app generates private keys and stores them on the user's device; in optional 2FA multisig accounts Blockstream holds a second key, but cannot spend on its own.

**Is the Blockstream app the same as Blockstream Green or GreenAddress?**

Yes. Blockstream acquired GreenAddress in 2016, rebranded it Blockstream Green in 2019 and introduced it as the Blockstream app in May 2025.

**Is the Blockstream app open source?**

Yes. Blockstream describes it as 100% open-source software, and the Android app is published on GitHub under GPL-3.0.

**Which networks does the Blockstream app support?**

On-chain bitcoin, Lightning and the Liquid Network, including Liquid assets such as L-BTC and USDT.

**Who makes the Blockstream app?**

Blockstream; the original GreenAddress wallet was created by Lawrence Nahum.

## Sources

- [blockstream.com](https://blockstream.com/app/)
- [github.com](https://github.com/Blockstream/green_android)
- [apps.apple.com](https://apps.apple.com/us/app/blockstream-bitcoin-wallet/id1402243590)
- [Blockstream — Bitcoin Multisig Wallet Secured with 2FA](https://blockstream.com/app/multisig/)
- [Blockstream Help Center — Set up a new wallet](https://help.blockstream.com/blockstream-app/set-up-transact-recover-your-wallet/set-up-a-new-wallet)
- [Blockstream — Blockstream Acquires Bitcoin Wallet Software Provider GreenAddress](https://blockstream.com/2016/07/27/en-blockstream-greenaddress-acquisition/)
- [Blockstream Blog — The All-New Blockstream Green Wallet](https://blog.blockstream.com/en-the-all-new-blockstream-green-wallet/)
- [Blockstream Blog — Introducing the Blockstream App](https://blog.blockstream.com/introducing-the-blockstream-app-the-bitcoin-wallet-that-grows-with-you-2/)

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Page updated: 2026-10-31

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Source: https://revain.org/wallets/green-address/
