Blockchain Hits 4 Million Wallets, Double from One Year Ago

Bitcoin wallet provider Blockchain, traditionally known as Blockchain.info, now supports 4 million user wallets.

Bitcoin wallet provider Blockchain, traditionally known as Blockchain.info, now supports 4 million user wallets.

It hit the goal roughly one year after reaching the 2 million mark. In doubling the count in roughly one year, the company says, “This is really exciting as it points to a positive trend in bitcoin adoption.”

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Blockchain was one of the first and popular bitcoin wallet providers. Despite the advances by numerous competitors, large and small, it still appears to be the most popular service. Coinbase, arguably the most prominent Bitcoin company with its wallets, merchants services and exchange, says to support 3.8 million wallets.

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Blockchain also features a well-known blockchain explorer, as well as charts on various areas of the Bitcoin ecosystem.

It still can make its claim to fame despite what seems to be a slowdown in innovation during the past year, after securing $30.5 million in funding last October. It has also experienced a number of technical issues earlier this year, leading to some criticism from the Bitcoin community.

The startup made headlines when it was selected among prestigious company to join UK Prime Minister David Cameron in a trade mission to Asia. CEO Peter Smith said that Cameron mentioned Bitcoin 6 times during the trip.

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