Blockstream Green vs Wallet of Satoshi

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.

Wallet of Satoshi2.7Bitcoin-onlyWarning

The easiest Lightning wallet to start with, and a custodial one: the company holds your coins, and it has stopped offering that in the US and the EU.

Verdict: Blockstream Green

Blockstream Green rates higher on our rubric: 3.7 against 2.7 for Wallet of Satoshi.

Criterion: Editorial rating
Blockstream Green: 3.7
Wallet of Satoshi: 2.7

Blockstream Green and Wallet of Satoshi, 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 Wallet of Satoshi compared fact by fact from their reviews; a check marks the side a decidable criterion favours.
Fact	Blockstream Green	Wallet of Satoshi
Editorial rating	3.7 (favoured on this row)	2.7
Status	Available	Caution: see the review
Made by	Blockstream	Living Room of Satoshi Pty Ltd
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	custodial in its default mode, meaning the company holds the keys, with a separate self-custodial mode where you do
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	Not stated
Released	2014 as GreenAddress, renamed after Blockstream acquired it in 2016	The custodial service left the US on November 23, 2023 and the European Union at the turn of 2026
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

Wallet of Satoshi

What works

The fastest way onto Lightning there is: no channels, no liquidity management and no node to run
Free Lightning address that reads like an email, so anyone can pay you without scanning a code
Pays Lightning invoices and on-chain bitcoin addresses from the same box, detecting which you pasted
A self-custodial mode is offered everywhere, including in regions where the custodial one is not
No breach of its custodial infrastructure has been publicly reported

What to watch

Custodial in its default mode, so the company can freeze, lose or stop serving your balance
Left the US market on November 23, 2023 and has not announced a return
Withdrew the custodial service across the European Union at the turn of 2026, pushing EU users into self-custody
No published country list, so which mode you get is decided by the app rather than by a page you can read first
In-app buying runs through third-party partners whose country coverage changes without the wallet saying anything

Frequently asked questions

Is Blockstream Green or Wallet of Satoshi better?

Blockstream Green rates higher on our rubric: 3.7 against 2.7 for Wallet of Satoshi. 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 Wallet of Satoshi 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; Wallet of Satoshi is custodial in its default mode, meaning the company holds the keys, with a separate self-custodial mode where you do.

Is Blockstream Green or Wallet of Satoshi bitcoin-only?

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

Does Blockstream Green or Wallet of Satoshi carry a warning?

Wallet of Satoshi: Wallet of Satoshi pulled its app from US app stores and stopped serving US customers on November 23, 2023, then withdrew its custodial Lightning service across the European Union at the turn of 2026, as the MiCA transition periods and the DAC8 reporting rules closed in on custodial providers. EU users are offered the self-custodial mode instead. Wherever the custodial mode is still available, the company holds the keys, which is the risk to weigh before you put money in it.

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

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