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Topic: Samsung confirms the rumor! - page 7. (Read 1568 times)

member
Activity: 135
Merit: 10
February 22, 2019, 08:48:08 PM
#98
I agree with you!! so epic. Better specs than a camera imo
hero member
Activity: 2744
Merit: 588
February 22, 2019, 06:36:27 PM
#97
This is great news for every crypto enthusiast! I read some news about it, but I did not care by thinking a fake rumor! After hearing about the JP  organ's coins, I was really excited by assuming the future of crypto. Now, another big name Samsung making big news for the crypto platform. And, I think too, Crypto will have all the big facilities. I want to mention Twitter's CEO Jacke Dorsey's words " Bitcoin will be the money for the Internet" and it will be used in our real life permanently.

Just read the article in coindesk as you can see them first on their webpage.



Generally speaking, this is really great for the crypto industry.
Giant companies are designing their system to be crypto-ready ecosystem.
And with this move, they can reach out more ordinary people as even not crypto enthusiasts are using Samsung phones.
And with the integrated app or wallet, it comes in handy. Why not use it, right?
legendary
Activity: 1666
Merit: 1196
STOP SNITCHIN'
February 22, 2019, 06:34:02 PM
#96
Has it really been confirmed? I wonder how exactly they'll implement this and how the keys can be safely stored in the phone. If any hacking happens it'll be a big setback for the company.

It has to be a secure element setup like a hardware wallet. The security assurances there -- as far as we know -- are pretty good. We'll only really know years down the road when this technology is sufficiently hardened.

I'm pretty surprised to see Samsung jumping into the fray with consumer key storage this soon. I agree the optics will be bad if there are any serious security holes with their implementation.
hero member
Activity: 3024
Merit: 680
★Bitvest.io★ Play Plinko or Invest!
February 22, 2019, 06:26:55 PM
#95
Yeah, they never highlight that feature.

All they are reporting about the usual features that it is bringing to the public.
member
Activity: 110
Merit: 10
February 22, 2019, 05:40:37 PM
#94
I really love Samsung.Couple days ago I used Huawei and I really hate it because it is really bad keyboard on it and also screen is also bad it dont have good protection for me ,Samsung is my king Smiley
legendary
Activity: 2002
Merit: 1016
February 22, 2019, 05:37:56 PM
#93
Of course, it is smartphones that have to go with the development of technology. It's the phone manufacturers that are developing the fastest, so they can not let them not use blockchain technology. If more people start using cryptocurrencies, the better!
member
Activity: 336
Merit: 10
February 22, 2019, 05:34:01 PM
#92
This is great news! i think gradually all the big industries and companies are coming on board into using cryptocurrencies as a mode of payment for transactions. With the lead coming from Samsung i am sure Apple and other mobile developing companies would come on board soon.
legendary
Activity: 3136
Merit: 1122
Leading Crypto Sports Betting & Casino Platform
February 22, 2019, 04:11:02 PM
#91
I think its confirmed, and honestly it made me goosebump because it looks like most of the big companies are now  supporting cryptocurrency. This is the beginning, we will benefit a lot from this market.  Smiley

This will help to mirror the word, summarizing it will be making a good publicity for bitcoin... Who knows with that other companies will follow the same way and the governments will also start to look bitcoin with other eyes.

Usually, the apple set the fashion for innovation.

maybe they are afraid of governments

full member
Activity: 490
Merit: 102
February 22, 2019, 11:10:54 AM
#90
Usually, the apple set the fashion for innovation. But here Samsung is ahead of everyone. I hope other manufacturers will support this beginning.
sr. member
Activity: 994
Merit: 302
February 22, 2019, 10:30:25 AM
#89

Thanks. Still waiting for news on the Samsung site.

Thats what im also thinking.  I think the phone is built with a hardware wallet and not just a regular online wallet because almost any phone can installed an online wallet via the app  . i guess that makes this phone extra ordinary .

True. It's got to be something else. Otherwise no point tauting it as crypto friendly. So either a hardware wallet or some sort of software vault like how most phones come with cloud storage.
member
Activity: 504
Merit: 10
February 22, 2019, 02:00:07 AM
#88
True indeed! Imagine, Samsung is a huge company, and had it not seen huge potential in crypto, it wouldn't make gadgets like this. The fact that they made crypto-friendly and -ready gadgets implies that crypto is now going in the limelight. Its potential is now being realized, and now, not only the speculations will drive the price but its use case itself. Soon, other Samsung competitors will follow after it. This is such a great tinder for crypto and for all of us who support it. This is also the great time to buy bitcoin before it flies to the moon.
legendary
Activity: 3514
Merit: 1963
Leading Crypto Sports Betting & Casino Platform
February 22, 2019, 01:25:19 AM
#87
I do not want to piss in the pond, but I am not sure that this was developed specifically for private key storage.  Roll Eyes  It looks like this is a hardware encryption space for all those naughty pictures and videos that people wants to store on their phone. So when someone steal your phone, things like this will not be accessible to them.

Yes, developers will also use this technology to create Crypto currency wallets etc. It is definitely a step in the right direction, but our developers will have to grab the opportunity to create Apps for it now.  Wink
full member
Activity: 1232
Merit: 186
February 22, 2019, 01:17:25 AM
#86
Yup! I think this time it is for real Smiley. How funny to think that an issue which spread on social media sites couple of weeks before about pics of an alleged crypto wallet on screen of Samsung smartphone units now do come true Grin. A rumor becomes a reality! But to be honest, people from third world countries (like me) for sure will have a hard time to buy this because it's too expensive that's why they tend to buy a cheaper product but almost got the same quality like Xiaomi.

Nevertheless, this is good for the crypto industry not only because blockchain technology was applied once again but also the fact that Samsung — a big and well-known company — serves as a platform to advertise the use of crypto. For this reason, reaching our dream of crypto revolution becomes faster and brighter Smiley.
sr. member
Activity: 1330
Merit: 326
February 22, 2019, 12:53:39 AM
#85
It's amazing that samsung galaxy s10 going to support bitcoin and ethereum. For sure, this is have a great and big impact in the market price of each cryptocurrency and also because of this event many people around the world well know how to used and earn cypto.
sr. member
Activity: 1008
Merit: 355
February 21, 2019, 11:46:20 PM
#84
Sooner or later this had to happen. If it wouldn't have been Samsung then it would have been another company like Huawei, in my opinion. This is surely great, especially because we see Samsung being the first mobile company that supports cryptocurrency and not some Chinese company, even though that wouldn't be necessarily bad.

I would always prefer Samsung over Huawei as that is under the influence of its own government which has the ambition of ruling the world in place of the USA haha. But anyway am sure that all big telecom companies now are also looking into this trend and if this can be accepted by the market then we can see all of them offering the same feature soon. This can be a major development in our quest for more adoption of cryptocurrency though soon we can see that this industry is going to be dominated by big names slowly killing the idea of decentralization and anonymity. This is a free marketplace so things depend on what the people will eventually bite and get interested with...anyway!
member
Activity: 266
Merit: 18
February 21, 2019, 11:45:41 PM
#83
For me this is a very positive news, we see bitcoin is increasingly recognized and supported by many big companies. This is one of the factors that will help bitcoin spread to all people around the world, thereby boosting the market to grow again. I think soon the big companies will join the cryptocurrency market in the form of releasing cryptocurrency-related products.
legendary
Activity: 2534
Merit: 6080
Self-proclaimed Genius
February 21, 2019, 10:29:14 PM
#82
it looks like their version of a built-in hardware wallet
I see it more like a feature to make people discuss about the new phone(s).
To me, they just wanted to be "the first" smartphone to implement such feature that they can brag about. If the technology became mainstream, they already at the starting line and can immediately proceed to increase the user-base, thus their market.

Quote from: NeuroticFish
I would not use something this expensive and this prone to be stolen to keep my keys. -snip-
I would rather worry more about 90% of the apps that were Malwares/Adwares and Online Smartphone Groups that can potentially crack the encryption (using an alibi of testing their phone's security) of the stored private keys than my phone being stolen, I never had such incident.
member
Activity: 588
Merit: 10
February 21, 2019, 10:20:30 PM
#81
That's great,, it is nice to hear good news that many big companies accepts and muddle through the evolution of crpto in the world..
I am a big fan and user of Samsung phones,,in fact this new features will help me, not only me but those crypto lovers, in finding alternative ways in protecting their crypto assets..imagine how many users of crypto will compensate on this new phone features,,that seems to be very enormous users who will patronized such use of phones..I guess many other smartphone companies will be going to include crypto in developing their new model of phones..
member
Activity: 504
Merit: 10
February 21, 2019, 09:39:01 PM
#80
We glad about Samsung have confirmed about working their new product Samsung S10 working and support of bitcoin wallet, just few days later I am optimist bitcoin and altcoin price will growing up and have higher price, always waiting how bitcoin could raised up.
member
Activity: 644
Merit: 10
COVIR.IO
February 21, 2019, 08:58:23 PM
#79
A lot of people are excited again to witness the new smartphone flagship of samsung. Few hours from now and they will reveal it.  Smiley

One of the best rumor is that, S10 Smartphone will be equip by a private cryptocurrency key storage, and it makes speculators think about that much.

https://www.coindesk.com/samsung-galaxy-s10-includes-private-crypto-key-storage - here’s some link to
More about this rumor.

I think its confirmed, and honestly it made me goosebump because it looks like most of the big companies are now  supporting cryptocurrency. This is the beginning, we will benefit a lot from this market.  Smiley

The question right now is how secure it will be. Hackers are getting into exchanges, what more into their phones? How long is the actual durability of that phone? Questions are always popping in because we all know how security is the number one priority in cryptocurrency.

I think it will like others wallet, the security must be priority. Samsung must be wont risk their reputation about wallet security and the phone with their brand already known as durable product. It will opening door mass adoption and i think its good for market
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