Blockchain.info hit a huge milestone early this week—two million users have created two million ‘My Wallet’ wallets… well, two million wallets were created, no way to know how many actual users that totals.
Here’s to Two Million #Blockchain wallets, millions more, & putting #bitcoin in everyone’s hands! https://blockchain.info/charts/my-wallet-n-users
[tweet from @blockchain]
Blockchain’s ‘My Wallet’ numbers have doubled since January—and whether it amounts to two million users or not, two million wallets is no small feat. Can the meteoric rise in users be attributed to the company’s successes, or is it simply due to the rising interest in Bitcoin, pushing a trend?
They’ve got a clean, clear, easy to read UI, they recently acquired rights to the domain bitcoin.com, they revised their Android wallet, and—after Apple did a one-eighty on Bitcoin wallets in July—they re-released their Apple wallet app, which has been downloaded more than 40,000 times since.
Two million wallets should not be confused with two million users
The increase in wallets isn’t reflected in volume of transactions or transactions per day. It’s possible that a percentage of existing (not new) users are creating numerous wallets for one reason or another, lost password, different usage, different coins, Bitcoin mixing, and the increase in number of wallets doesn’t reflect the kind of widespread adoption that, on the surface, it appears to.
Blockchain.info has a good selection of charts showing the number of
users [wallets], number of transactions per wallet, and the volume of My Wallet transactions overall. We’ll let you decide, but either way, it’s a milestone for both the company and its wallet, and for crypto currency in general.