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Topic: About smart phone wallets.. (Read 3924 times)

hero member
Activity: 840
Merit: 1000
November 03, 2014, 04:54:01 PM
#55
i am using blockchain wallet right now,

so far everything is good, it has a pin code feature, feels a lot safe.
legendary
Activity: 1974
Merit: 1003
November 02, 2014, 12:07:00 PM
#54

Which android/ios btc wallet application are you using?

are they trustworthy? User friendly?


I am looking forward an application , which is safe and user friendly for storing,receiving, sending my btc..



blockchain , the best
newbie
Activity: 26
Merit: 0
November 02, 2014, 08:09:17 AM
#53
Personally making use of MyCelium on Android (No iOS app yet). The new HD version was released this past week.

Tried many others but settled on MyCelium as I like what it offers.

In regards to safety..... They all say their wallets are safe and maybe they are. I would however have sleepless nights with all my coins lying in a phone wallet. I never keep more than around 0.5 in my phone wallet. Rest is kept offline and moved to the phone as required.
I agree with you. Mycelium is a good application.
legendary
Activity: 1638
Merit: 1010
https://www.bitcoin.com/
November 02, 2014, 07:22:59 AM
#52
Just started using green address, great wallet and very easy to use. Good security with 2fa.
sr. member
Activity: 434
Merit: 250
🤖UBEX.COM 🤖
November 02, 2014, 01:18:57 AM
#51
Personally,  I don't trust cell phone wallets. Better keep it in a proper wallet with backup or paper wallet if you are too paranoid or if you have large amounts of BTC. I would keep smallish amounts on cell phone wallets like less than 0.5 btc.
sr. member
Activity: 266
Merit: 250
November 02, 2014, 01:07:31 AM
#50
We've been working on a user-friendly Bitcoin wallet for Android called Bitdash, and we just published it to the Play Store a couple of days ago.

It supports sending to multiple addresses at once and you can setup a PIN code to protect spending. There's no upper limit to the number of digits a PIN can have, but it has to be at least 4 digits.

You can check it out at https://play.google.com/store/apps/details?id=co.bitdash.wallet.
legendary
Activity: 1036
Merit: 1000
Thug for life!
November 01, 2014, 07:50:43 PM
#49
I have never try install a wallet on my smart phone.
The safety of phone always bothers me.
By "safety" do you mean the possibility of the phone being lost or stolen? If that's the concern, make sure you lock the wallet with a PIN. When you discover the phone missing, restore your wallet from the paper backup and transfer the bitcoin to a new wallet, with a new private key.

Or are you concerned about the possibility of the phone being hacked?
If you have a 4-digit PIN to "protect" your wallet then there are only 10,000 possible combinations that an attacker would need to try (at most) before finding your PIN. All an attacker would need to do is make a clone of your phone in airplane mode and try all combinations until they figure out which one is correct. This would logically not take very long considering how fast even CPU mining is. This would not give you very much time to secure your funds in the manor you describe
A four digit pin is just 1,000 combinations 0000 to 9999 Wink

Wrong, you can have 10 possible integers for each space. 10x10x10x10 is 10,000 combinations!
I think the point remains that a smartphone wallet is not going to be very well protected with only a 4 digit PIN. I believe that blockchain.info will make you enter your second password when spending funds via your smartphone app, if you have it enabled, however they do not make you (nor do they push you to) have this enabled.
newbie
Activity: 3
Merit: 0
November 01, 2014, 11:05:09 AM
#48
+1 for blockchain


I vote for blockchain too Grin
newbie
Activity: 3
Merit: 0
November 01, 2014, 10:57:13 AM
#47
I'm using mycelium which is the best wallet to me after trying a number of products.  Wink
member
Activity: 67
Merit: 10
November 01, 2014, 10:36:19 AM
#46
I do not have a smartphone right now.  Grin Impossible? Believe it?
hero member
Activity: 714
Merit: 500
November 01, 2014, 06:14:29 AM
#45
I have never try install a wallet on my smart phone.
The safety of phone always bothers me.
By "safety" do you mean the possibility of the phone being lost or stolen? If that's the concern, make sure you lock the wallet with a PIN. When you discover the phone missing, restore your wallet from the paper backup and transfer the bitcoin to a new wallet, with a new private key.

Or are you concerned about the possibility of the phone being hacked?
If you have a 4-digit PIN to "protect" your wallet then there are only 10,000 possible combinations that an attacker would need to try (at most) before finding your PIN. All an attacker would need to do is make a clone of your phone in airplane mode and try all combinations until they figure out which one is correct. This would logically not take very long considering how fast even CPU mining is. This would not give you very much time to secure your funds in the manor you describe
A four digit pin is just 1,000 combinations 0000 to 9999 Wink

Wrong, you can have 10 possible integers for each space. 10x10x10x10 is 10,000 combinations!
Oh, I just got up, when I wrote this.
You are of course right
sr. member
Activity: 252
Merit: 251
Knowledge its everything
November 01, 2014, 06:11:10 AM
#44
Mycelium / Hibe / Blockchain is good wallet app
But, personally i think Blockchain is the best among them

But, you need add second password to your blockchain wallet, because PIN is too easy to hack
full member
Activity: 700
Merit: 100
November 01, 2014, 06:02:53 AM
#43
I have never try install a wallet on my smart phone.
The safety of phone always bothers me.
By "safety" do you mean the possibility of the phone being lost or stolen? If that's the concern, make sure you lock the wallet with a PIN. When you discover the phone missing, restore your wallet from the paper backup and transfer the bitcoin to a new wallet, with a new private key.

Or are you concerned about the possibility of the phone being hacked?
If you have a 4-digit PIN to "protect" your wallet then there are only 10,000 possible combinations that an attacker would need to try (at most) before finding your PIN. All an attacker would need to do is make a clone of your phone in airplane mode and try all combinations until they figure out which one is correct. This would logically not take very long considering how fast even CPU mining is. This would not give you very much time to secure your funds in the manor you describe
A four digit pin is just 1,000 combinations 0000 to 9999 Wink

Wrong, you can have 10 possible integers for each space. 10x10x10x10 is 10,000 combinations!
hero member
Activity: 714
Merit: 500
November 01, 2014, 04:41:36 AM
#42
I have never try install a wallet on my smart phone.
The safety of phone always bothers me.
By "safety" do you mean the possibility of the phone being lost or stolen? If that's the concern, make sure you lock the wallet with a PIN. When you discover the phone missing, restore your wallet from the paper backup and transfer the bitcoin to a new wallet, with a new private key.

Or are you concerned about the possibility of the phone being hacked?
If you have a 4-digit PIN to "protect" your wallet then there are only 10,000 possible combinations that an attacker would need to try (at most) before finding your PIN. All an attacker would need to do is make a clone of your phone in airplane mode and try all combinations until they figure out which one is correct. This would logically not take very long considering how fast even CPU mining is. This would not give you very much time to secure your funds in the manor you describe
A four digit pin is just 1,000 combinations 0000 to 9999 Wink
hero member
Activity: 806
Merit: 1000
November 01, 2014, 03:08:53 AM
#41
Just started using android wallets tried Hive & Mycelium, mycelium is the fast and convenient over all.
But whichever wallet you use on android do not store all your coins in it i just installed it for testing purposes.
hero member
Activity: 647
Merit: 501
GainerCoin.com 🔥 Masternode coin 🔥
November 01, 2014, 03:03:15 AM
#40
I have never try install a wallet on my smart phone.
The safety of phone always bothers me.
By "safety" do you mean the possibility of the phone being lost or stolen? If that's the concern, make sure you lock the wallet with a PIN. When you discover the phone missing, restore your wallet from the paper backup and transfer the bitcoin to a new wallet, with a new private key.

Or are you concerned about the possibility of the phone being hacked?
If you have a 4-digit PIN to "protect" your wallet then there are only 10,000 possible combinations that an attacker would need to try (at most) before finding your PIN. All an attacker would need to do is make a clone of your phone in airplane mode and try all combinations until they figure out which one is correct. This would logically not take very long considering how fast even CPU mining is. This would not give you very much time to secure your funds in the manor you describe
full member
Activity: 206
Merit: 100
October 31, 2014, 06:11:19 PM
#39
I have never try install a wallet on my smart phone.
The safety of phone always bothers me.
By "safety" do you mean the possibility of the phone being lost or stolen? If that's the concern, make sure you lock the wallet with a PIN. When you discover the phone missing, restore your wallet from the paper backup and transfer the bitcoin to a new wallet, with a new private key.

Or are you concerned about the possibility of the phone being hacked?
legendary
Activity: 1722
Merit: 1000
October 31, 2014, 04:12:23 PM
#38
Anyone think using a blackberry offeres me more security?
full member
Activity: 210
Merit: 100
October 31, 2014, 01:55:42 AM
#37
Wouldn't trust them on Android (not because of the app specifically).

Wouldn't trust them on a Jailbroken iPhone

Would trust on a non-jailbroken iPhone if it was secured with a code + remote wipe functionality via iCloud (not backed up via iCloud though)
You are very correct on the first two. If you are using an app for an android phone or a jailbroken iPhone then the app will likely have not been vetted from anyone (and is difficult to know for sure that you are downloading from who you think you are downloading from, AFAIK you cannot verify a GPG signature from a smartphone.

There have been instances in the past when an android wallet would generate new private keys with a faulty RNG, making it possible for the creators of the wallet to have a much smaller set of private keys that the phones could have generated, making it easy for them to steal from the wallet owners
newbie
Activity: 20
Merit: 0
October 30, 2014, 10:10:34 PM
#36
blockchain wallet seems to be more secured.

but i still feel unsafe, I don't think blockchain is perfect, at least not now.
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