Hive Launches Android Bitcoin Wallet with Built-In App Store

The beta version of Hive's Android app offers a user-friendly interface and a third-party app platform.

AccessTimeIconMay 14, 2014 at 3:04 p.m. UTC
Updated Feb 17, 2023 at 1:36 p.m. UTC

Presented By Icon

Election 2024 coverage presented by

Stand with crypto

Hive, a geographically distributed startup that builds bitcoin wallets, launched a beta version of its Android wallet app today.

Jan Vornberger, lead developer of the app, said that the company's product has key differences that will make it stand out in the crowded Android marketplace.

  • Bitcoin Mining in the U.S. Will Become 'a Lot More Decentralized': Core Scientific CEO
    13:18
    Bitcoin Mining in the U.S. Will Become 'a Lot More Decentralized': Core Scientific CEO
  • Binance to Discontinue Its Nigerian Naira Services After Government Scrutiny
    05:10
    Binance to Discontinue Its Nigerian Naira Services After Government Scrutiny
  • The first video of the year 2024
    04:07
    The first video of the year 2024
  • The last regression video of the year 3.67.0
    40:07
    The last regression video of the year 3.67.0
  • One of those features is the ability to host third-party bitcoin applications within the wallet – effectively, a Hive app store. Vornberger told CoinDesk:

    "I would say it's our app platform, which makes Hive extensible, [is the big differentiator]."

    Simple interface

    focused on offering a very user friendly experience with its first product, a wallet for Mac OS X desktops and laptops, and Vornberger has taken that ethos to the Android platform.

    hiveandroid1.jpg

    There are essentially two main screens for Hive's main wallet functions; the first of which – a contacts list – appears when the app is started up.

    If a wallet contact is also included in the Android device's address book, Hive will show that person's associated image. Swiping to the right takes the user to the transaction history.

    hiveandroid2a.jpg

    Hive sensibly offers reminders that backing up the wallet is good practice and allows you to save the wallet's key information in a secondary place, like Google Drive, in case the device is lost.

    Hive's app store

    Hive made its name via an easy and reliable introductory bitcoin wallet for Mac OS X. Now, this move to Android brings the wallet's simplicity to users on the go.

    Added value will come in the form of third-party apps that are accessed from a box icon at the upper right of Hive's main screen. This takes the user to a listing of installed applications.

    hiveandroid3a.jpg

    At the top, there is a marketplace app that allows users to download other applications. Currently, since Hive for Android is still in beta, only a few apps are available.

    Truth is, there aren't too many on the Hive desktop client either, as the ecosystem is still small. Furthermore, one notable absentee on Hive's mobile platform is the Coinbase app.

    Vornberger explained that the Coinbase app on Mac OS X has been problematic but that the company "hope to fix that up at some point." Coinbase as a third-party app would be a great option – a way to move from fiat currency to bitcoin and over to Hive in a few easy steps.

    Faster transactions

    The Hive Android wallet is one of the first to implement the payment protocol BIP70, which speeds up transactions by sending BTC directly to the recipient without waiting for block-chain confirmation.

    BIP70 isn't widely used at the moment, but that may soon change, according to Vornberger:

    "Of course, this only works if the payee also uses the payment protocol. For all BitPay merchants that's already the case, and I expect others will follow as well."

    Vornberger gained experience building mobile bitcoin apps with his previous wallet project Bridgewalker, which was bought by Hive.

    He said that, because the Hive app is just starting its beta phase, some aspects are subject to change.

    "The current [user interface] and icon set is just a placeholder for the beta and will probably look different when we release the official version," Vornberger pointed out.

    Hive is currently available in beta on the Google Play Store.

    Disclaimer: This article should not be viewed as an endorsement of Hive. Please do your own research before considering investing any funds in this service.

    Mobile image via Shutterstock

    Disclosure

    Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.

    CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. In November 2023, CoinDesk was acquired by the Bullish group, owner of Bullish, a regulated, digital assets exchange. The Bullish group is majority-owned by Block.one; both companies have interests in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin. CoinDesk operates as an independent subsidiary with an editorial committee to protect journalistic independence. CoinDesk employees, including journalists, may receive options in the Bullish group as part of their compensation.


    Learn more about Consensus 2024, CoinDesk's longest-running and most influential event that brings together all sides of crypto, blockchain and Web3. Head to consensus.coindesk.com to register and buy your pass now.