A New Look for Bitcoin Cash Addresses

Until earlier this month, bitcoin and Bitcoin Cash addresses used the same format, making it difficult to ensure you were transacting using the correct currency’s address. In order to simplify the process for transacting with both bitcoin and Bitcoin Cash for our users, Blockchain wallets are now using an a new format (CashAddr) for Bitcoin Cash addresses.

Q: Why do my Bitcoin Cash addresses look different?

A: Bitcoin Cash developers have proposed a new format for addresses to help differentiate between bitcoin and Bitcoin Cash addresses, called CashAddr. This updated format only changes how your Bitcoin Cash addresses are displayed, not the underlying private and public keys.

Q: Why has Blockchain implemented this change for users’ wallets?

A: We want to continue improving the user experience for both bitcoin and Bitcoin Cash within users’ wallets. Ultimately, having a different address format for each will help you distinguish which currency you’re transacting with, allowing you to use BTC and BCH more easily.

Q: What is the difference between the address formats?

A: Bitcoin Cash addresses now look like this: qp3wjpa3tjlj042z2wv7hahsldgwhwy0rq9sywjpyy. They can also have a prefix (bitcoincash:qp3wjpa3tjlj042z2wv7hahsldgwhwy0rq9sywjpyy). Each Bitcoin Cash address also has a “legacy address”, which is it’s corresponding bitcoin address. You can find the legacy address for each BCH address on Blockchair. Take a look here to see an example of the difference between legacy and CashAddr addresses.

Q: What do I need to do?

A: Nothing, we’re taking care of it for you! Your wallet will now only show Bitcoin Cash addresses in this new format. The only thing we encourage you to do is to start sending and receiving using the updated address type.

Q: Can I still send to the original ‘legacy’ address?

A: Technically yes, but it would benefit both you and the community to begin using the new version. Don’t worry, if you have a legacy address that is currently being used, it will continue to work. If you continue transacting with your legacy addresses, they will be displayed in your transaction feed as the BCH CashAddr address equivalent.

Q: Is this a protocol change, soft-fork, or hard-fork?

A: Nope.

Q: Where can I dive into more technical details?

A: You can find more details on this update here.

The Wait is Over! Buy & Sell is Coming to America

Earlier today, we announced a partnership with SFOX that lays the groundwork for our users in the US to seamlessly buy and sell digital assets with greater reliability and without compromising user security or control.

At Blockchain, we are on a mission to build an open, accessible, and fair financial future, one piece of software at a time. This announcement brings us one step closer to realizing that mission by making the exchange of digital assets fast, easy, and inexpensive for millions of users across the US.

Starting today, users in 22 states will have the option to sell bitcoin quickly and easily.

 

A product shot of Blockchain's new integration that allows users in America to sell bitcoin.

 

And this is just the beginning; in the coming weeks, users will also be able to buy bitcoin, and buy and sell other assets like ether and Bitcoin Cash. As always, we’ll keep you posted while we roll out these features. In the meantime, we welcome your thoughts on how we can continue to improve.

Not in the US? Users in Europe and India are already able to buy and sell bitcoin. As we continue to expand to new countries, we’ll keep you in the loop here and on Twitter.

Don’t have a Blockchain wallet? Sign up to get started with bitcoin and other digital currencies today!

Product Update: Q4 2017

Amidst holiday festivities and New Year’s preparations, we want to quickly revisit the assortment of great new features that made their way into the Blockchain wallet during Q4. Grab a fresh mug of hot cocoa (and maybe that sugar cookie you’ve been eyeing) and we’ll get into all the exciting Q4 product update details.

Read more “Product Update: Q4 2017”

Cash in on Bitcoin Cash

At Blockchain, we’re always looking for ways to empower our users to interact with the digital economy in new, meaningful ways. In November, we revealed our plan to deliver on the growing demand we’ve seen for Bitcoin Cash. Starting today, we’re supporting Bitcoin Cash with full functionality through the same web wallet users know and love.

With Bitcoin Cash joining our existing lineup of digital currencies, users now have a full suite of options and can easily toggle between digital currencies to send and request funds, safely manage balances, and monitor market prices – all from one central place.

If you had bitcoin in your Blockchain wallet prior to August 1st, get excited because you’ll see an equal amount of Bitcoin Cash in your wallet now! New to Bitcoin Cash? Users can get started by simply trading bitcoin and ether for Bitcoin Cash using our exchange integration.

Just like with bitcoin and ether, users hold their Bitcoin Cash private keys, meaning they always have full, exclusive access to their funds with their backup phrase.

Not on web? Don’t fret. We’ll be rolling out full support for Bitcoin Cash on mobile by the end of Q1 2018. We’ll keep you in the loop here and on Twitter as we continue to build on this new addition to our wallet. Still have questions about how Bitcoin Cash works in your Blockchain wallet? Visit our Support Center.

Don’t have a Blockchain wallet? Sign up to get started with Bitcoin Cash and other digital currencies today!   

Set it & Collect it with Recurring Orders

At Blockchain we’re always looking for ways to make digital currency more accessible. It’s part of our commitment to creating an open, accessible, and fair financial future – and helping you, our users, Be Your Own Bank™.

Today, we’re excited to introduce Recurring Orders, a new feature that gives our European users greater purchasing power by allowing them to automatically buy bitcoin on a regular basis. Whether you’re just getting started or regularly purchase bitcoin, this feature will make it even easier to invest little by little in a better financial future.

Here’s how it works:

  • Log into your Blockchain wallet
  • Select ‘Buy’ powered by Coinify
  • Enter the desired amount you’d like to purchase with your credit card
  • Select ‘Make this a recurring order’
  • Choose your frequency whether on a daily, weekly, or monthly basis
  • Select the duration you’d like the recurring order to last (you can cancel anytime!)
  • Then click ‘Buy Bitcoin’

Taking small, incremental steps can add up to big results over time. With recurring orders, you can find your comfort zone and watch your wallet accrue additional bitcoin – without having to worry about a large upfront cost.

Log-in or sign up at www.blockchain.com to get started with recurring bitcoin orders on web or mobile today!

Beyond Backups: How to Use Your 12-Word Recovery Phrase

Your 12-word recovery phrase is, without a doubt, one of the most important wallet tools at your disposal. Knowing that, it’s no surprise we strongly recommend users write it down and store it safely before adding any funds to a new wallet. If you’ve already completed these backup steps, it’s equally important to have a solid understanding of how to use your 12-word phrase if you ever need to. Here, we’ll explain exactly that!

Read more “Beyond Backups: How to Use Your 12-Word Recovery Phrase”

Ether is Now Available on iOS & Android

A few months ago, we added ether to the Blockchain wallet. Today, we’re excited to announce that we’re extending that functionality to our mobile apps. As of today, users can seamlessly store, send, and receive ether on both iOS and Android.

As part of our mission to make digital assets increasingly user-friendly and accessible, we kept the mobile user experience for both currencies consistent and easy to navigate. With this update, users will notice the following two exciting changes:

  1. With a simple tap users can navigate between ether and bitcoin to monitor transactions, send funds, or request payment; and
  2. We’re rolling out a new dashboard that will allow users to monitor the market price for both currencies.

As always, users can find the latest mobile versions at our App Store and Google Play Store links.

Don’t have a Blockchain wallet? Click here to sign up today!

Seamlessly store, send, and receive ether with your Blockchain wallet

At Blockchain, we care deeply about building products users love.  We’re constantly collecting user feedback and using it to help determine where we go next.

Today, we’re excited to announce that you can now seamlessly store, send, and receive ether from within the Blockchain wallet. By adding ether as a new currency, we’re providing users with a new diverse way to interact with the digital economy.

What’s different?

An image showing Blockchain's new ether product.

Using the same user-friendly interface, you can now seamlessly toggle between bitcoin and ether. To keep it simple, the ether experience will mirror the bitcoin experience our users have come to love.

For more information about the ins and outs of ether and how it works in your Blockchain wallet, visit our Support Center Learning Portal.

Exchange BTC for ETH powered by ShapeShift

GIF showing the Blockchain ShapeShift process exchanging bitcoin to ether.

For users looking to acquire ether, we’re excited to introduce a built-in BTC to ETH (and vice versa) exchange, powered by ShapeShift. Accessible directly within your Blockchain wallet, this integration makes it easy for users to acquire both digital currencies and monitor exchange progress, from start to finish.

Of course, in keeping with our ethos, this is just the first iteration of this product. In the coming weeks and months (and years!), we’ll continue to gather user feedback and use that to further build out this integration. Let us know what you think and where to go next.

Don’t have a Blockchain wallet? Click here to sign up today!

Improving Our Fee Recommendations

At Blockchain, we strive to make digital currency safe and easy for everyone to use. Part of that goal is providing effective miners’ fee recommendations for every transaction our users make. Bitcoin has recently reached its peak capacity, with a consistent queue of tens of megabytes of transactions waiting to be confirmed. As bitcoin interest and activity continues to grow (and we can expect this trend to continue), we’ve made two important changes to our wallet:

  • The introduction of a new fee recommendation algorithm aimed at being more reactive to changing network conditions and providing a better, more consistent experience for our users.
  • A new ‘Priority’ option which aims to have your transaction included in a block within 60 minutes. This feature is currently available via our Web and Android wallets and will be included in our upcoming iOS release; available the week of June 19th.

Read more “Improving Our Fee Recommendations”

Buying bitcoin is now available for Blockchain wallets on iOS

Late last year, we announced a partnership with Coinify that allowed our users in Europe to, for the first time ever, seamlessly and expediently buy bitcoin from within their Blockchain wallets without compromising user security or control. This partnership was aimed at making our wallet infinitely more user friendly and, ultimately, more accessible for the mass market. Today we take the next step in delivering greater accessibility.

Our team is excited to announce that iOS users in Europe are now able to buy bitcoin from within their Blockchain wallets using the same seamless and user friendly Blockchain-Coinify integration available to web users.

Read more “Buying bitcoin is now available for Blockchain wallets on iOS”