tl;dr
Jack Dorsey's fintech firm Block is releasing new features for its self-custody Bitcoin wallet, Bitkey. Upcoming updates include transaction verification software expected by mid-year, a secure fingerprint reset mechanism in May, and enhanced privacy features such as private wallet balances and priv...
Block’s Bitkey wallet, developed by Jack Dorsey’s fintech company, is preparing to launch a suite of new features aimed at enhancing security and privacy for Bitcoin users.
Among the upcoming updates is a transaction verification software set to debut by mid-year, offering users an additional layer of confidence when confirming Bitcoin transactions. Scheduled for release in May, a secure fingerprint reset mechanism will allow users to manage biometric authentication more safely.
Privacy improvements are also a highlight. Bitkey will introduce private wallet balances, enabling collaborative custody without revealing the user's balance or transaction details, a significant advancement for privacy-conscious users. This feature aims to serve not only bitcoiners but all customers seeking robust privacy safeguards.
In addition, Bitkey plans to roll out private purchasing options. Users will be able to acquire Bitkey devices without submitting home or billing addresses, with in-person pickup available at thousands of U.S. locations. Moreover, purchasing with Bitcoin will become an option, broadening payment flexibility. These privacy-centric purchase features are expected to launch within the coming months.
Looking ahead, Bitkey’s lead developer, Max Guise, reveals plans to introduce stronger hardware-based transaction verification and an optional cold wallet configuration targeting advanced users willing to trade convenience for heightened security. A technical proposal detailing these complex projects is slated for publication this summer to invite community feedback.
These innovations reflect Block’s commitment to empowering users with more control, security, and privacy over their Bitcoin holdings, reinforcing Bitkey’s position in the self-custody wallet landscape.