Blockstream Green vs Muun

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.

Muun3.8Bitcoin-only

On-chain and Lightning in one balance behind a 2-of-2 multisig, backed up by an Emergency Kit file rather than twelve words.

Verdict: Muun

Muun rates higher on our rubric: 3.8 against 3.7 for Blockstream Green.

Criterion: Editorial rating
Blockstream Green: 3.7
Muun: 3.8

Blockstream Green and Muun, 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 Muun compared fact by fact from their reviews; a check marks the side a decidable criterion favours.
Fact	Blockstream Green	Muun
Editorial rating	3.7	3.8 (favoured on this row)
Status	Available	Available
Made by	Blockstream	Muun
Price	Free download	Free download
Who holds the keys	self-custodial, either single signature on your device or a 2-of-2 where Blockstream cosigns after your two-factor check	self-custodial, a 2-of-2 multisig where your phone holds one key and your Emergency Kit holds both
Bitcoin-only	No	Yes
Runs on	iOS, Android, Windows, macOS, Linux	iOS, Android
Screen	Not stated	Not stated
Connectivity	Connects to your own node and routes over Tor with one tap, and pairs with the Blockstream Jade hardware wallet	One balance across on-chain and Lightning, with submarine swaps moving funds between the two
Released	2014 as GreenAddress, renamed after Blockstream acquired it in 2016	Announced for iOS in October 2019, after the Android app
Countries on the maker's list	No published list	No published list
Last reviewed	2026-08-25	2026-08-25

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

Muun

What works

One balance for on-chain and Lightning, so you never have to choose a rail before paying
2-of-2 multisig means a stolen or malware-infected phone alone cannot spend your bitcoin
The Emergency Kit carries both keys and the output descriptors, so recovery does not depend on Muun
Mempool-based fee estimator, with the method published rather than asserted
Free, self-custodial and bitcoin only on both iOS and Android

What to watch

Your backup is an Emergency Kit file plus a recovery code, not twelve words you can stamp into steel
The newest post on Muun's blog was written days before taproot activated in November 2021
Payments that need a submarine swap settle on chain, and mining fees on those have surprised users
No coin control, no hardware wallet pairing and no way to point it at your own node

Frequently asked questions

Is Blockstream Green or Muun better?

Muun rates higher on our rubric: 3.8 against 3.7 for Blockstream Green. 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 Muun 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; Muun is self-custodial, a 2-of-2 multisig where your phone holds one key and your Emergency Kit holds both.

Is Blockstream Green or Muun bitcoin-only?

Muun is bitcoin-only; Blockstream Green supports other assets too. Bitcoin on chain, Lightning, and Liquid assets including Liquid bitcoin and Tether USDt

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

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