Pages:
Author

Topic: How secure to put seed on phone ? - page 2. (Read 1311 times)

legendary
Activity: 1039
Merit: 1003
October 14, 2015, 10:50:28 AM
#2
Without internet access, these phones can't be hacked remotely, but think about what can actually happen to them:
  • Phone gets lost/damaged
    Depending on whether you carry the phone with you or just leave it at home in a drawer, this is more or less likely.
  • Phone gets stolen
    If the thief does not know what the seed means, this is the same as a lost phone. However, a thief who recognizes the data as a cryptowallet seed will probably find out pretty quickly how it can be used to access your wallet.

So what's the advantage of storing a seed in such a phone? Do you really need to carry it with you (for example, to enter it into a wallet on a desktop/laptop where it is not normally stored)?
You need a backup of the seed to protect against loss of the phone, and you need to store the seed on the phone in a way that is not recognizable as a wallet seed to protect against knowledgeable thieves.

Overall, looks like a lot of effort for dubious value.

Onkel Paul
staff
Activity: 3472
Merit: 6129
October 14, 2015, 10:35:15 AM
#1
I was wondering how secure is it to hold seed of Electrum or Multibit or any other wallet into a phone (not a smartphone) , just something simple, I have something like this : http://www.amazon.com/samsung-gt-e1086-dual-band-ringtones-organizer/dp/b00495yfg2?tag=indifash06-20

Can this kind of things gets hacked since it have no access to internet or anything .
Pages:
Jump to: