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Blockstream gifts SeedSigner $2,286 for facilitating access to Jade

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Blockstream, the team behind the development of the Lightning Network (LN) and Liquid Network, has made a one-time payment of 10 million sats to the SeedSigner Development Fund.

Blockstream has deposited $2,286 into the SeedSigner Development Fund

The deposited amount translates to about $2,286 at spot rates. Blockstream said the payment was a “thank you” for Seed Signer’s efforts to make Jade, a hardware wallet, easier to access.

SeedQR, developed by SeedSigner, is included in the Jade Hard Wallet package. This tool allows users to convert their private keys into QR format. Because of this, bitcoin holders can quickly redeem their wallets by scanning their QR codes, saving them valuable time.

When coupled with this QR Scan, Jade Wallet holders can seamlessly communicate with other air powered but compatible devices through QR codes via SeedQR. This, Blockstream points out, is necessary because air-gap devices are technically insulated.

Seed Signer improves the security of Bitcoin (BTC). They have been actively releasing tools to get owners to insure their valuable assets, regardless of portfolio type. The developer explains that their goal is to “reduce the cost and complexity of using a multi-sig Bitcoin wallet.”

Using SeedSigner’s standard developer kits (SDKs), for example, allows anyone to build offline, air-tight bitcoin signing machines. These devices can be assembled from ready-made components.

In a secure way, it will be possible for users to sign bitcoin transactions, essentially allowing the transactions while ensuring the security of the private keys and coins stored in the wallet at the same time. This allowance is crucial because air-tied devices are completely cut off from the Internet and other wireless communication devices.

Facilitate access for Jade

Jade allows users to store the private keys of their BTC or Liquid wallet. The Liquid Network is a Bitcoin layer-2 designed to enable the trustless exchange of security tokens within the Bitcoin ecosystem. Jade can be used with Green, a hot wallet that uses Multisig Shield to protect coin holders from external attack vectors.

Earlier, Blockstream and Sevenlabs partnered with Poseidon Group to launch XDEX, a DEX focused on security tokens within the Bitcoin ecosystem.

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