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Blockstream Green vs Guarda Wallet

Comparing
two wallets
Decided by
Editorial rating
Last reviewed
2026-08-25

Blockstream's own Bitcoin and Liquid wallet, whose 2FA cosigning multisig is its reason to exist and has been closed to new accounts since May 2025.

A capable multi-platform wallet whose 2020 domain hijack exposed the real weakness: a login flow built on uploading your backup.

Verdict: Blockstream Green

Blockstream Green rates higher on our rubric: 3.7 against 3.0 for Guarda Wallet.

Criterion
Editorial rating
Blockstream Green
3.7
Guarda Wallet
3.0

Blockstream Green and Guarda Wallet, fact by fact

Every row is from the two reviews as of their review dates, with sources on each. A check marks the side a decidable criterion favours; rows without one are information, not a score.

Blockstream Green and Guarda Wallet compared fact by fact from their reviews; a check marks the side a decidable criterion favours.
FactBlockstream GreenGuarda Wallet
Editorial rating3.7 (favoured on this row)3.0
StatusAvailableAvailable
Made byBlockstreamGuarda
PriceFree downloadFree download
Who holds the keysself-custodial, either single signature on your device or a 2-of-2 where Blockstream cosigns after your two-factor checkself-custodial, keys generated on your device and encrypted under a password you choose
Bitcoin-onlyNoNo
Runs oniOS, Android, Windows, macOS, LinuxiOS, Android, Windows, macOS, Linux, Browser extension
ScreenNot statedNot stated
ConnectivityConnects to your own node and routes over Tor with one tap, and pairs with the Blockstream Jade hardware walletNot stated
Released2014 as GreenAddress, renamed after Blockstream acquired it in 20162017
Countries on the maker's listNo published listNo published list
Last reviewed2026-08-252026-08-25

Pros and cons, side by side

Blockstream Green

What works

  • A cosigning key behind two-factor authentication, so a thief with your unlocked phone still cannot spend
  • The cosigner cannot trap your coins: a CheckSequenceVerify timelock hands each deposit back to your key alone after about 360 days
  • An open source recovery tool exists for the case where the 2FA service is permanently switched off
  • Runs on iOS, Android (Google Play and F-Droid), Windows, macOS and Linux
  • Pairs natively with Blockstream Jade, so the keys can live on a device instead of the phone
  • Open source, no documents required, and it can connect to your own node over Tor

What to watch

  • New 2FA Protected accounts have not been available since May 2025, which is the feature most people came for
  • Keeping 2FA protection on older coins means redepositing them before each timelock expires
  • Not bitcoin only, and Liquid balances depend on the Liquid federation rather than on bitcoin's mining
  • The cosigning server sees a 2FA wallet's transactions, a privacy cost single signature does not have
  • Three names in circulation (Blockstream Green, the Blockstream app, Multisig Shield) make guides and support articles hard to line up

Guarda Wallet

What works

  • Guarda's CEO published a dated, detailed account of the 2020 attack, including the registrar's own logs
  • Runs on Windows, macOS, Linux, iOS, Android, a web app and a Chrome extension
  • Keys are generated locally and encrypted under your own password, and Guarda never holds them
  • Staking on 14 networks, multisig support and 24/7 live support, per Guarda's own site
  • Buying built in with cards and Apple Pay across a wide asset range

What to watch

  • The web and extension flow involves uploading your backup file, which is precisely what the 2020 phishing page was built to collect
  • The 2020 breakdown came through a domain registrar account, a dependency Guarda does not control and cannot audit
  • Third party perpetual futures and prediction markets now sit inside the wallet, which is more moving parts than holding bitcoin needs
  • The user, token and blockchain counts are Guarda's own figures, published on its own homepage
  • A hot wallet with no hardware signing of its own

Frequently asked questions

Is Blockstream Green or Guarda Wallet better?

Blockstream Green rates higher on our rubric: 3.7 against 3.0 for Guarda Wallet. The rating follows the product rubric published on our about page; the rows above set custody, price and platforms side by side so you can check it.

Are Blockstream Green and Guarda Wallet free?

Yes, both are free to download. What differs is who holds the keys: Blockstream Green is self-custodial, either single signature on your device or a 2-of-2 where Blockstream cosigns after your two-factor check; Guarda Wallet is self-custodial, keys generated on your device and encrypted under a password you choose.

Is Blockstream Green or Guarda Wallet bitcoin-only?

Neither: both support assets beyond bitcoin. Blockstream Green: Bitcoin on chain, Lightning, and Liquid assets including Liquid bitcoin and Tether USDt. Guarda Wallet: Bitcoin plus more than 70 blockchains, by Guarda's own count.

The full reviews: Blockstream Green and Guarda Wallet, each with its sources, and every wallet we review.

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