Bitmain Launches New Product: BTC Wallet
September 2015, BEIJING -- Bitmain Technologies Limited is proud to officially announce the release of our new bitcoin wallet for Android phones, BTC Wallet.
This safe, reliable, and easy-to-use bitcoin wallet app supports multiple user accounts, with each account being able to contain multiple wallets. Backing up your wallet’s master seed is easy and secure; regardless of if you store your backup locally, or online through Bitmain’s backup server, your private keys are 100% yours and never visible by any third parties. The wallet also supports multisig functionality, enabling users to create group wallets with friends or colleagues that require multiple approvals to publish a transaction. BTC Wallet also supports creating transactions with multiple outputs.
Bitmain’s block explorer provides greater stability.BTC Wallet relies on the API of Bitmain’s newly released block explorer, BTC Chain, as a data source, so there’s no need to synchronize with the network each time you make a transaction. It’s faster, uses less bandwidth, and is more reliable than standard SPV wallets.
On-Chain WalletWith the on-chain HD wallet, your private keys are always entirely in your control; Bitmain has no knowledge of your private keys.
Multi-layered EncryptionPassing your keys through multiple rounds of encryption guarantees their complete security.
Cloud BackupsWith optional cloud server backups, you get all the security of a traditional bitcoin wallet while maintaining the convenience and ease of use of an off-chain wallet.
Multiple Account SupportYou can manage multiple wallets within a single instance of the application, including regular wallets, multisig wallets, and watch-only wallets. BTC Wallet uses the HD structure to derive all wallets from a single seed, so there’s no need to create a new backup each time you create a new wallet.
Multisig FunctionalityWith the multisig wallet feature, you can make an account with your friends or colleagues (or anyone else you prefer!) as co-signers, requiring multiple people to sign off before transactions can be processed.
Security and ease of use in bitcoin wallets have generally been mutually exclusive of one another; the easier to use a wallet is, the less secure, and vice versa. BTC Wallet aims to change this concept by using greater technical strength to develop a product that’s both highly secure and incredibly user friendly.
Bitmain’s passionate core team of highly skilled developers is dedicated to changing the world through technology, and bringing about the future through innovation. Bitmain has distinguished itself through the development of the high performance distributed computing chips that keep the entire Bitcoin network safe and secure, and maintaining the leading market position in the bitcoin mining industry. BTC Wallet is the first release of a wallet product from Bitmain, and represents a step forward for the goals of keeping the Bitcoin network safe, distributed, and easy to use.
Currently only the Android version of this app is available. An iOS version is still in development.
Download:
https://redirect.bitmain.com/wallet/download/androidQR Code Download: