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Blockstream Green vs Mycelium

Comparing
two wallets
Decided by
Editorial rating
Last reviewed
2026-08-25
Blockstream Green3.7

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.

Mycelium3.7

One of the oldest bitcoin wallets still shipping, strong on Android with deep UTXO control, and an iPhone build nobody has verified.

No verdict

No verdict: both wallets score 3.7 out of 5 on our rubric, so the rows below decide by what you need.

Criterion
Editorial rating
Blockstream Green
3.7
Mycelium
3.7

Blockstream Green and Mycelium, 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 Mycelium compared fact by fact from their reviews; a check marks the side a decidable criterion favours.
FactBlockstream GreenMycelium
Editorial rating3.73.7
StatusAvailableAvailable
Made byBlockstreamMycelium
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 and held on the phone, recoverable only from a backup you write down
Bitcoin-onlyNoNo
Runs oniOS, Android, Windows, macOS, LinuxiOS, Android
ScreenNot statedNot stated
ConnectivityConnects to your own node and routes over Tor with one tap, and pairs with the Blockstream Jade hardware walletOptional Tor, connection to your own Bitcoin node, NFC, and hardware wallet support for Trezor, Ledger and KeepKey
Released2014 as GreenAddress, renamed after Blockstream acquired it in 2016Android on July 1, 2013 and iPhone on December 17, 2014, per WalletScrutiny
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

Mycelium

What works

  • Shipping on Android since July 1, 2013, one of the longest unbroken runs of any mobile bitcoin wallet
  • Real UTXO control on a phone: unspent output visibility, fee bumping, watch-only and single-address savings accounts
  • Passed all seven of WalletScrutiny's wallet tests, including public source code and an unobfuscated binary
  • Hardware wallet support for Trezor, Ledger and KeepKey, plus spending directly from paper wallets
  • Direct APK download, an Obtainium link and a published signing certificate, so Google Play is not the only way in
  • Optional Tor and your own node, with each third-party service able to be turned off on its own

What to watch

  • The iPhone app trails badly: WalletScrutiny lists 3.22.0.2 for Android against 2.10 for iPhone
  • Mycelium's iOS source repository on GitHub is archived, with no commits since June 2024
  • WalletScrutiny says no iOS build has ever been reproduced, so the reproducibility claim covers Android and not iPhone
  • WalletScrutiny discloses that its own authors have contributed to Mycelium, so its verdict is not fully independent
  • No longer bitcoin only: Ethereum and ERC-20 accounts add code a bitcoin-only wallet does not carry
  • Dated interface, and support runs through a single email address with no live channel

Frequently asked questions

Is Blockstream Green or Mycelium better?

No verdict: both wallets score 3.7 out of 5 on our rubric, so the rows below decide by what you need. 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 Mycelium 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; Mycelium is self-custodial, keys generated and held on the phone, recoverable only from a backup you write down.

Is Blockstream Green or Mycelium bitcoin-only?

Neither: both support assets beyond bitcoin. Blockstream Green: Bitcoin on chain, Lightning, and Liquid assets including Liquid bitcoin and Tether USDt. Mycelium: Bitcoin first, with Ethereum and ERC-20 accounts in the same app.

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

More comparisons

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