Billionaire Jack Dorsey Says ‘A Lot Coming’ to Block’s Self-Custody Bitcoin Wallet Next Month
The self-custody Bitcoin ( BTC ) wallet built by Jack Dorsey’s fintech firm is shipping new features soon.
Dorsey took to the social media platform X to tease upcoming features for Block’s Bitkey wallet, including “transaction verification, fingerprint reset, private wallet balances [and] private purchasing.”
Dorsey also linked to a new blog post from Max Guise, Bitkey’s lead developer.
Guise says a transaction-verification software feature will roll out by mid-year.
“We’re also evaluating ways to provide even stronger transaction verification with hardware, and an optional cold wallet configuration for customers who don’t mind putting in a little more effort for more security. These are complex projects, and our next step is to publish a technical proposal and solicit feedback – look out for this over the summer.”
The developer also notes they plan to ship a secure fingerprint reset mechanism in May.
Additionally, Guise says the wallet is working on rolling out new privacy features.
“These privacy upgrades are on the near-term horizon:
- Private wallet balances. We can provide the safety of collaborative custody, but without any visibility into your balance or transactions – a major unlock not just for bitcoiners but for all customers who we believe deserve the best privacy features. We’re actively working on this and expect to bring it to customers soon after our transaction verification feature, around mid-year.
- Private purchasing. We’ll enable customers to purchase a Bitkey device without disclosing their home address and other personal information. This starts with an option to buy without disclosing your home (or billing) address and pick up your Bitkey order in person at thousands of locations in the US. We’ll also add an option to buy Bitkey with Bitcoin. We’ll ship both of these over the next few months.”
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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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