GreenAddress Is First Bitcoin Wallet to Launch Replace-By-Fee Bitcoin Transactions; Miner Adoption Slow
As of this weekend, GreenAddress is the first Bitcoin wallet to include a replace-by-fee option. With it, users can increase fees on their transactions with the click of a button--a feature welcomed by some, as it increases the likelihood a miner will include a transaction in a block. This can help transactions get “unstuck” in case of heavy transaction....
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Blockstream announced the acquisition of Bitcoin wallet provider GreenAddress on Wednesday. In a post on the company’s official blog, Blockstream President Adam Back noted, “GreenAddress has a demonstrated track record of delivering an industry-leading product that prioritizes security, privacy and convenience.” GreenAddress has been quick to implement new Bitcoin features, such as fee estimation and replace-by-fee, into its own wallet. Also, GreenAddress developer Lawrence Nahum is a supporter of the Bitcoin Core scalability roadmap and says he’s excited about the improvements that are....
Blockstream’s acquisition of GreenAddress, a Bitcoin wallet software provider based in Europe, has nothing to do with the Lightning Network, says Lawrence Nahum, CEO and founder of GreenAddress. Blockstream started developing the Lightning Network which is aimed at providing a scalable, instant Bitcoin/Blockchain transactions at a low cost. It is one of scalability ideas which has been proposed by the Bitcoin development community. Nahum reveals to CoinTelegraph that the acquisition is geared towards improving the wallet. He says: “Both teams from GreenAddress and Blockstream have strong....
BTChip has now merged with Ledger. BTChip and GreenAddress have teamed up to launch a USB bitcoin hardware wallet designed to offer multi-signature security on a budget. Named HW.1, the smartcard-based USB wallet was created by BTChip with security and user experience in mind. The device features multi-signature functionality provided by bitcoin wallet GreenAddress. BTChip founder Nicolas Bacca said the device should appeal to users frustrated with the bitcoin wallets' current security policies, saying: "We're pleased to be the first company to bring affordable banking grade security,....
Open source blockchain developer Blockstream, notable for its endeavor for developing sidechains for the bitcoin blockchain has acquired multi-wallet provider GreenAddress. The acquisition, it says, will help the strengthen its sidechain platform. In an announcement yesterday, bitcoin blockchain-centric Blockstream revealed its acquisition of European multisig bitcoin wallet GreenAddress, in a move that will further accelerate its sidechains development platform. Founded in 2014, Malta-based GreenAddress was among the earliest bitcoin wallets to provide features like per-transaction....
Bitcoin infrastructure architect Blockstream has acquired wallet provider GreenAddress in a move the startup says could impact the development of its signature, still in-development sidechains solution. Following the acquisition, GreenAddress Wallet's team of three developers will continue to work on privacy and security bolstering features for the wallet as well as compatibility for sidechains, a bitcoin infrastructure component that Blockstream has raised $76m in two investment rounds to engineer. In interview, former GreenAddress founder and CEO Lawrence Nahum, now senior architect at....