Although Blockchain.info is not always the most reliable of Bitcoin wallet services today, the company continues to expand. Just a few days ago, the company surpassed over 100 million transactions on the Bitcoin network. With over 100,000 transfers added tot hat tally every day, Blockchain.info remains one oft eh most popular solutions on the market.
Blockchain.info Remains Successful Despite Issues
The Bitcoin ecosystem has come a long way over the past few years. Whereas things started out as a niche project that could collapse at any moment. Cryptocurrency has become the most resilient financial asset in the world today. Some of the companies who were part of Bitcoin at the early stages have seen their fair share of success so far.
The Blockchain.info wallet has been one of those success stories. By focusing on web access and a mobile application, the company has been working hard on letting users access their Bitcoin balances at all times. Unfortunately, there are issues with this services, as when the company servers are overloaded, no one can access their funds, as Blockchain.info is in full control. Exporting the wallet’s private key is the only option in that regard.
That being said, Blockchain.info has processed over 100 million Bitcoin transactions over the past few years. Their services are also used as the primary block explorer for Bitcoin, which causes a lot of stress on their server resources. Then again, the whole ordeal has been a learning process for this company as well.
Despite the issues Blockchain.info might be suffering from right now, their services are very popular among Bitcoin users. With over 100,000 transactions passing through their servers every single day, it is not hard to see the success this company has had. Moreover, they also create some interesting graphs to track Bitcoin usage, unique wallet addresses, the average tx fee, and so on.
The company is focusing heavily on their wallet service and how to improve it further. The number of server outages seems to have lowered over time, but it still occurs now and then. We can only hope the company will address those issues, as well as focus on better internationalization and an easier setup process.
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