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Blockchain Reports 3 Millionth Bitcoin Wallet

(@GCaffyn) | Published on February 23, 2015 at 20:40 BST
News in Brief

Wallet software provider Blockchain has opened its three millionth bitcoin wallet, having doubled downloads in less than a year.

The company has seen continued demand since bitcoin's 2013 price spike, passing the 1.5 million milestone in April. Rival Coinbase currently lists 2.5 million wallets in the wild.

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Speaking to CoinDesk, CEO Peter Smith could not confirm how many of Blockchain's wallet accounts are active (ie contain funds) for privacy reasons. However, he pointed to record-breaking transaction volume as a sign of bitcoin's user growth.

"You can look to the 140% (approx.) year-over-year growth in the number of transactions powered by our software daily to get a sense for activity, which, as a company focused on making it easy to transact, is really encouraging," he said.

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