Have I made a grave mistake | Bitcointalksearch.org

vapourminer

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what is this "brake pedal" you speak of?

Quote from: o_e_l_e_o on March 06, 2022, 04:30:56 AM

Quote from: Rruchi man on February 20, 2022, 02:39:53 PM

You will be surprised to see that some old bitcoin users here are android users who have never been vulnerable because they are always cautious. It is more of a matter of how careful you are than the device or operating system that you use.

Pretty much this. I have used mobile wallets for small amount for years, and I have never had a single issue or lost a single satoshi because I use a reputable open source wallet, I don't visit random websites or click on random links, and I don't download a bunch of pointless spyware apps and games.

agreed. i use an open source android wallet. i created it in 2016 on a samsung note 4. been using the same wallet (ie same seed and software - i just reenter the original seed on the new phones as i get them) so 6 years of having it on android. i just make sure the phone has a (still supported) fully updated OS and wallet. get a new phone when the old phone stops being supported (or sooner). no rooting. no real junk. so far so good.

of course its always been small amounts but still 6 years of phones that use the same seed and same wallet software that are generally on 24/7/365 and zero problems.

o_e_l_e_o

legendary

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Quote from: Marykeller on February 20, 2022, 11:46:38 AM

As far as you have your private keys is properly written down on a piece of paper, it doesn't matter if you are making use of Android or iPhone. The kind of phone you are using doesn't guarantee the safety of the crypto wallet if you don't have the private keys of your wallet address. I have seen people that have lost their gadgets but what saves them is that they were able to write down to private keys, with that they were able to retrieve it(crypto wallet) back to their new phone

Having your seed phrase (not private keys) written down a piece of paper gives you a back up and protects you against loss of your coins should your phone be lost or damaged. It does absolutely nothing to protect against theft of your coins. All hot wallets are more vulnerable to theft than cold wallets are, regardless of how good your back ups are.

Quote from: Rruchi man on February 20, 2022, 02:39:53 PM

You will be surprised to see that some old bitcoin users here are android users who have never been vulnerable because they are always cautious. It is more of a matter of how careful you are than the device or operating system that you use.

Pretty much this. I have used mobile wallets for small amount for years, and I have never had a single issue or lost a single satoshi because I use a reputable open source wallet, I don't visit random websites or click on random links, and I don't download a bunch of pointless spyware apps and games.

Quote from: Issa56 on March 05, 2022, 05:13:05 PM

U don't think the person that told you is right, in terms of security I believe iphone is more secured than android

There is not a single open source iOS wallet which is reproducible from the published code, so no, iOS wallets are not more secure than Android.

Issa56

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U don't think the person that told you is right, in terms of security I believe iphone is more secured than android, so I believe you using iPhone wallet will definitely be more secure than using Android wallet address and I believe the phone you use those not determine the security of your wallet, security of your wallet depends on the way you handle your private key, also I don't think wallets on android phones are really secured compare to get a hardware wallet address like ledger nano, trezo model and many more. So if you really want your funds secured just try and get a hardware wallet.

BIT-BENDER

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They are both Mobile device and the risk is almost at the Sam level, but have you ever done any research on how to protect your wallet, from you question I doubt if you have, first thing is that you shouldn't save you asset on an exchange wallet you your personal wallet on your device, they keep you password strong and easy to remember for you, then save properly your seed phrase, don't ever think your protection is ever connected with your device, it more connected to you who owns the device.

nakamura12

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Don't think that android phones are safer compared to ios phones. You can still use android or ios phones to install a wallet. To tell you honestly, I use my android phone and install a crypto wallet but to make myself safe from possible attacks or malwares is not to store my crypto funds for too long by transferring to another wallet not installed in my phone . As many have said, android phones and ios phones are not safe where the security of your wallet and funds is entirely up to you to keep it safe.

Myleschetty

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Quote from: MidNite36 on February 21, 2022, 10:45:49 AM

Hardware wallet stands out among the rest 😪 hands down and if you can't afford it better use open source wallet on your android phone there was also a rumour that a particular wallet is not safe on iPhone I don't remember anymore its been a while.

Yes, a hardware wallet is better than a mobile wallet but human error needs to be avoided despite the security of the wallet getting a ledger wallet of $59 (I don't know if the price has changed now) shouldn't be a problem.

MidNite36

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Hardware wallet stands out among the rest 😪 hands down and if you can't afford it better use open source wallet on your android phone there was also a rumour that a particular wallet is not safe on iPhone I don't remember anymore its been a while.

suzanne5223

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Quote from: Rruchi man on February 20, 2022, 02:39:53 PM

Quote from: suzanne5223 on February 20, 2022, 02:09:47 PM

It's funny how people spread misinformation about issues like this.

It is also for this purpose, to clear misinformation like this that this forum was created & am really thankful. I wonder the bulk of folks who have been misinformed by this. You will be surprised to see that some old bitcoin users here are android users who have never been vulnerable because they are always cautious. It is more of a matter of how careful you are than the device or operating system that you use.

You make a good point but I learn that in this 21 century era information is a powerful weapon to excel in every setting and this same information is something that so people abuse.
About the long existing Bitcoin users that usually make use of the android version of the Bitcoin wallet and were able to avoid the vulnerable due to their knowledge in the area.

Rruchi man

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Quote from: suzanne5223 on February 20, 2022, 02:09:47 PM

It's funny how people spread misinformation about issues like this.

It is also for this purpose, to clear misinformation like this that this forum was created & am really thankful. I wonder the bulk of folks who have been misinformed by this. You will be surprised to see that some old bitcoin users here are android users who have never been vulnerable because they are always cautious. It is more of a matter of how careful you are than the device or operating system that you use.

suzanne5223

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It's funny how people spread misinformation about issues like this. Both Bitcoin wallets on Android and iPhone security depends on user/owner consciousness in terms of avoiding human error and securely using the wallet. However, mobile wallets are not 100% secure due to the risk and vulnerability that come with them.
This is the reason why it is recommended to save small crypto in mobile wallets.

GeorgeJohn

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Bitcoin is achievement

Quote from: YellowSwap on February 15, 2022, 05:59:50 PM

I finally let go of my old android phone and jump into the iPhone wagon so after few research on crypto wallets I came to understand that running wallets on android phones is more safer than iPhone, is this true? Maybe I should get android phone back?

I have not compare such before in order to know the one that's more preferable, but i know vividly that android operating system is quite nice via wallet, but know i too well that iphone has more security function than android phones, via the aspect of security conscious of wallet, what's necessary is to have the documents of your wallet especially the seed phrase, so from my perspective phones does not determine the security of crypto wallet.

Marykeller

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As far as you have your private keys is properly written down on a piece of paper, it doesn't matter if you are making use of Android or iPhone. The kind of phone you are using doesn't guarantee the safety of the crypto wallet if you don't have the private keys of your wallet address. I have seen people that have lost their gadgets but what saves them is that they were able to write down to private keys, with that they were able to retrieve it(crypto wallet) back to their new phone

Trojane

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Uhmm I can't really get this to the point now, "you came to the understanding" these words might have been prolly the challenges that you faced when you decided to swap; can you please let us know the challenges you faced so we could understand how to justify which one supersedes the other based on your difficulties? On a normal Sense, iOS supports few crypto app but initializes faster than Android(this particular point depends on your network preference); it's also the best for stacking and trading coins,tbh let us know your point of difficult dude

Edith1994

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Both the IOS and Android OS are not secured even if you are careful enough, the only thing you will be thinking is to be praying to God that cyber criminals shouldn't remember you.

taufik123

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No matter how secure a smartphone wallet is, it is no more secure than a Hardware Wallet.
Wallet Android or iPhone devices are equally vulnerable to hacking, so the use of a mobile wallet is not recommended if you want to store all your valuable assets. hardware wallet is the first choice. About the hardware wallet price is very affordable, no more than $100. I myself use a safepal hardware wallet and it works well until now and security is greatly improved.

Taskford

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Quote from: YellowSwap on February 15, 2022, 05:59:50 PM

I finally let go of my old android phone and jump into the iPhone wagon so after few research on crypto wallets I came to understand that running wallets on android phones is more safer than iPhone, is this true? Maybe I should get android phone back?

Both of them are vulnerable on any possible attack and making your mobile wallet safe will matter always on how you handle your wallet also what type of wallet you choose so if you are worried about the wallet security first make sure you download the best wallet app available on this space also don't click any unknown links since it may contain malware which can hack your important datas and apps.

Lucius

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Quote from: YellowSwap on February 15, 2022, 05:59:50 PM

I finally let go of my old android phone and jump into the iPhone wagon so after few research on crypto wallets I came to understand that running wallets on android phones is more safer than iPhone, is this true? Maybe I should get android phone back?

You know, in the end, it all comes down to smartphones being just little spy boxes that everyone carries everywhere with them, and the question is do you want to be spied on by Americans, Chinese, or someone else? When you ask what is safer, this it is a very relative term about which much could be written, but there is no concrete answer.

Quote from: o_e_l_e_o on February 17, 2022, 04:31:51 AM

Hardware wallets are still far superior to a mobile wallet in almost every way. The cost of a hardware wallet ($50-$100) is very little when compared to a flagship smartphone ($500-$1000).

And yet relatively few people use them if we take into account the data that Ledger sold about 3 million HW, while the Trezor claims that number is over 1 million - but we all know that these are not unique users, some have at least 2 devices or even more. Although such research is questionable, some data show that at the end of 2021 there were slightly less than 300 million crypto users, but even if it is only 100 million, we come to the conclusion that maybe 5% use HW if we take into account all other manufacturers.

The average crypto user would rather buy a smartphone for $1000 than HW for $50, but that's a thing we'll hardly change.

o_e_l_e_o

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Quote from: Mpamaegbu on February 17, 2022, 03:59:43 AM

Hardware wallets do have their disadvantages too apart from the extra cost of buying them. Also, they can easily be stolen, especially those that look like USB flash. Once anyone sees a USB flash, the thought of it housing some information triggers off. The person stealing it may not even know before hand that it houses some Bitcoin until they lay hands on it. And if they can assess it, that's it. Nothing is that absolute. That's my point. I think the remedy for those who use android is to keep their phones safe and away from public eyes. Activate security features on the phone too.

Hardware wallets are still far superior to a mobile wallet in almost every way. The cost of a hardware wallet ($50-$100) is very little when compared to a flagship smartphone ($500-$1000). They can easily be stolen, but so can a phone, and if they look like a USB drive then to the unknowing criminal a phone is much better target for theft. And if they are stolen, they are significantly harder (if not impossible) to extract the seed phrase or private keys from when compared to a phone.

If OP is concerned enough to be considering back doors in wallet apps or the phone firmware itself, then he is clearly considering storing an amount of money on his mobile wallet which he cannot afford to lose, and should therefore be looking at a more secure wallet such as a hardware wallet. Don't carry any more in a mobile wallet than you would be comfortable carrying cash in your physical wallet.

Mpamaegbu

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Once a man, twice a child!

Quote from: YellowSwap on February 15, 2022, 05:59:50 PM

Maybe I should get android phone back?

You can but on the condition that the crypto wallets you want aren't on the iPhone. Otherwise, continue with iPhone. BTW, security of your wallets rest with you and not on some gadgets; whether hardware or not.

Quote from: sheenshane on February 15, 2022, 06:55:41 PM

I suggest using a hardware wallet instead of android or iOS crypto wallets which isn't reliable at all upon storing your crypto.

Hardware wallets do have their disadvantages too apart from the extra cost of buying them. Also, they can easily be stolen, especially those that look like USB flash. Once anyone sees a USB flash, the thought of it housing some information triggers off. The person stealing it may not even know before hand that it houses some Bitcoin until they lay hands on it. And if they can assess it, that's it. Nothing is that absolute. That's my point. I think the remedy for those who use android is to keep their phones safe and away from public eyes. Activate security features on the phone too.

o_e_l_e_o

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Quote from: YellowSwap on February 15, 2022, 07:34:42 PM

I'm not talking about how user protects their phone I'm talking about possible backdoors in crypto wallet on iPhones

In this case, you are actually correct. There is not a single wallet on iOS which is open source and reproducible from the published source code according to https://walletscrutiny.com/?platform=iphone, whereas there are a number which are reproducible on Android. So yes, although all the other replies about how you protect your phone, what apps you download, how you should use a hardware wallet instead, etc., are correct, you are more likely to use a bitcoin wallet with a backdoor or similar on iOS since you cannot verify the code.

Topic: Have I made a grave mistake (Read 414 times)