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Topic: coinomi cold storage altcoins (Read 960 times)

full member
Activity: 138
Merit: 101
August 26, 2017, 02:45:35 AM
#4
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full member
Activity: 138
Merit: 101
August 19, 2017, 04:27:47 AM
#3
Guys, Can I export my coinomi zec nmc private keys n import/sweep into the respective core wallets, if so any issue or diferente procedure I should be aware? Another question, Is there any security benefit of using coinomi totally offline, n when I want to spend from one address I could sweep it into a new coinomi wallet? Is it safe too? Any benefit trying to protect a kind offline coinomi wallet? Releasing/sweeping one private into a new coinomi online wallet would compromise my "cold storage" of all other coins? Thanks, Rick
legendary
Activity: 3038
Merit: 4418
Crypto Swap Exchange
August 06, 2017, 04:10:34 AM
#2

Guys,

I know now that this app isnt opensource anymore, but I would like you guys would shed some light
To be honest, it doesn't make that much of a difference. Open sourced or not, you would have been using the precompiled binary. Note, I'm NOT saying open sourced and closed sourced projects are the same, I'm pointing out the fact.

Can I be safe, a kind of cold storage if I get a android with coinomi offline, backup seed n private keys n reset phone n starting using it again?

Any way to check if those private public keys coinomi are generating are legit? any way to be sure that they don't hold those, can be considered offline?

thanks,
Not really to both. Android isn't really designed for cold storage with the difficulty of spending the keys offline in the first place. You can in theory but that would be insecure as you have highlighted in the first place. Mycelium would be the better choice.

You can use wireshark to tap the internet connections to ensure that no unauthorised connections is being made. There is no protection against coinomi generating weak addresses etc.
full member
Activity: 138
Merit: 101
August 06, 2017, 03:48:43 AM
#1

Guys,

I know now that this app isnt opensource anymore, but I would like you guys would shed some light

Can I be safe, a kind of cold storage if I get a android with coinomi offline, backup seed n private keys n reset phone n starting using it again?

Any way to check if those private public keys coinomi are generating are legit? any way to be sure that they don't hold those, can be considered offline?

thanks,

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