Blockstream bought the wallet GreenAddress

 The developer of the bitcoin infrastructure Blockstream has gained bitcoin wallet GreenAddress to support technology development Saidjanov.

Three programmers that make up the team bought the startup, will continue to improve the protective function of the purse, and also make it compatible with block side chains (sidename), for which Blockstream has attracted two investment rounds of $76 million Saidchina is linked to public registry and allow you to make bitcoin transactions and other assets across multiple block chains at the same time. The volume of transactions that the system allows for simultaneous use of multiple chains, makes it very attractive to financial institutions.

"Blockstream do not just require service nodes that provide the functionality we need would be the interface to the wallet. We will offer the integrated solution to customers Blockstream," said the founder and former head of the GreenAddress Lawrence Nahum, who became the senior architect of Blockstream.

According to him, GreenAddress already supports the most important functions of Saidjanov Blockstream, do not do other services of the purses, at least publicly. It is expected that combining the two technologies will expand opportunities to users wallet. GreenAddress also working on the creation of libraries of purses with open source, which will be available for a large number of different platforms and programming languages.

In October 2015, the company Blockstream released their own sidechained Liquid, which increases the functionality of the public register and allows you to quickly exchange data and perform transactions in a secure cryptographic system with a large amount of data and low Commission.

GreenAddress, founded in 2014, one of the first to introduce innovations such as hierarchical deterministic wallets with multipurpose that generate new addresses for each incoming transaction.