Bridgewalker: the fast Bitcoin wallet for Android

A brand new mobile Bitcoin wallet called Bridgewalker hit the market promising to better bridge the gap between dollars and Bitcoin.

AccessTimeIconJun 12, 2013 at 11:29 a.m. UTC
Updated Sep 10, 2021 at 10:52 a.m. UTC

is an app that can “bridge” between dollars and Bitcoins. It is a Bitcoin wallet for Android. Jan Vornberger, who previously worked on Instawallet, developed Bridgewalker to make the Bitcoin payment process a fast mobile experience.

Editor's note: At the time of writing, while you can install Bridgewalker on your Android device for free, it is only at a beta state and it is not possible to create an account. The beta version is restricted to a "guest mode", which assigns you a bitcoin wallet (accompanied by QR code) and allows you to scan QR codes to send payments.

"Everything is push-based", says Vornberger. "Meaning that as soon as a transaction hits the server, it is processed and status updates are pushed to the client. You can best see the result of that with transactions between Bridgewalker users, which appear on the other user's device within fractions of a second."

Closed source and server-based, the app is exchange-rate adjusted, meaning that at any given time, your bitcoins will adjust to the amount of US dollars available. This can be useful since most things that people pay for are denominated in fiat currencies. Bitcoin is simply the underlying system for moving money around quickly and cheaply. The idea of "transact in BTC, hold in USD" may in fact be the way for all of us to enjoy faster, lower-cost transactions.

CoinDesk - Unknown


Bridgewalker does have fees of its own because the app has to keep holdings of Bitcoin in order to match deposits. The amount is 0.75 % on each deposit and withdrawal. “I need to open BTC short positions on an exchange equivalent to the amounts being deposited”, says Vornberger. “I currently use Mt. Gox, where my trading fees are 0.6 %. Add in market spread, and I end up at around 1.5 % for a round trip.”

The goal is to lower the fees to something that is ultimately cheaper than using credit cards. “All this talk about paying with Bitcoins being the cheaper alternative is really a little bit disingenuous at this point, in my opinion. Of course, the actual Bitcoin transaction itself is very cheap”, says Vornberger.

Bridgewalker’s long-term plan is to have as low a fee structure as possible, on par with the competition from the financial industry’s standards. Vornberger says he wants to be “competitive with credit cards”; offering people an alternative that could cost people less in the long run.


Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.

The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. As part of their compensation, certain CoinDesk employees, including editorial employees, may receive exposure to DCG equity in the form of stock appreciation rights, which vest over a multi-year period. CoinDesk journalists are not allowed to purchase stock outright in DCG.


CoinDesk - Unknown
First Mover Asia: Bitcoin Holds Above $21K in Weekend Trading; Solana Web3 Phone Faces Long Odds

Ether stays over $1,200; prior blockchain phones have failed because the market has realized their functionalities are already available via apps that can be loaded onto any old phone.

CoinDesk - Unknown
CoinDesk - Unknown
Opaque Platforms and Intertwined Protocols Pose Big Risk to Crypto

Second article in a series about risks we’re thinking about during these crypto down days.

CoinDesk - Unknown
CoinDesk - Unknown
Putin Weaponizes Inflation

Examining a recent propaganda speech from the Russian leader.

CoinDesk - Unknown
CoinDesk - Unknown
Morgan Creek Is Trying to Counter FTX’s BlockFi Bailout, Leaked Call Shows

FTX’s $250 million credit facility offer – if inked as initially proposed – stood to effectively wipe out all BlockFi shareholders, including Morgan Creek Digital, the firm told its investors.

CoinDesk - Unknown