Samsung Galaxy S20 Smart Phone will Support Bitcoin, Ethereum and TRON - page 3.

rajsimran

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Quote from: NNRR on February 23, 2020, 12:36:36 AM

World Top Tech-giant Company Samsung has introduced the new flagship Samsung Galaxy S20 Smartphone, which will have a built-in crypto wallet.
It can be used to manage Bitcoin, Ethereum, other ERC20 tokens and TRON (TRX).

Source: https://www.crypto-news-flash.com/samsung-galaxy-s20-will-support-btc-eth-trx/

it's really good news for crypto lover.But i heard this kind of news 1 year ago but after that no updates.but i didn't see any official news from samsung.I have one more question that samsung trying to support crypto currency or they are attracting crypto lover to their phones? is it marketing tricks to hyip their phones? Actually I am waiting for official news from samsung.But if it happens it will be a good sign for crypto.

Balladtony77

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It's really good to see a giant company like Samsung implementing crypto wallet in their smartphones, can't deny how happy I am about it and some other smartphone companies are joining as well like HTC, but the Samsung s20 smartphone is costly as hell, I can't even afford to buy so it's better to stick with my phone for now, if I could earn using the S20 it would have been a plus to buy it

TakeItEasy

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Quote from: Tash on February 23, 2020, 01:05:33 AM

Who is stupit enough to use built in wallet.

It's not about stupidity.
The bottom line is that for people like housewives, schoolchildren, the elderly, it will be very comfortable and convenient.
Not all people want to check an open source on a github and compile wallets themselves, not everyone wants to search for original sites and download original wallets (and not fake with built-in malware) from there, etc.
And of course, the good thing is that this is another step in the global introduction of people to the culture of cryptocurrency.
Very good solution from Samsung.

jessyj48

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The wallet is not all in one like coinomi wallet, it's limited and moreover who would buy a very costly phone for crypto wallet only when you can get cheaper phone and download wallet on the phone?

Asuspawer09

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Quote from: NNRR on February 23, 2020, 12:36:36 AM

World Top Tech-giant Company Samsung has introduced the new flagship Samsung Galaxy S20 Smartphone, which will have a built-in crypto wallet.
It can be used to manage Bitcoin, Ethereum, other ERC20 tokens and TRON (TRX).

Source: https://www.crypto-news-flash.com/samsung-galaxy-s20-will-support-btc-eth-trx/

We know the hype of a build-in wallet in a Samsung surely having this wallet could be a great experience than just a normal wallet that you could download aside from optimization from the smartphone itself.

Having or support this popular cryptocurrency Bitcoin, Ethereum and TRON (TRX) is I think a good move from the developers of this phone surely a lot of users from the cryptocurrency community will be interested in buying this smartphone but I hope this is not just a hype for the community, but I hope they build a secured and awesome wallet that could be useful for a lot of people in the cryptocurrency community not just a promotion of the phone. But I think this is going to be a trend since the Samsung Company has a great reputation around the globe for sure they will trust this company in their financial management.

bering

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I heard this news since last year but this smartphone still not launched yet until this year and at the article i could not find what features which available on the smartphone besides the wallet because wallet build in is not enough to attract people to buy and if it for the wallet purposes only then there are so many third party apps which have good security system for crypto wallet so do not have to buy new phone if only aiming crypto wallet features

minairia3

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Quote from: BlacksmithCorporation on February 23, 2020, 09:33:50 AM

Samsung's integration of cryptocurrency wallets into their flagship smartphones shows their ambition for blockchain and their cryptocurrencies. I hope Apple will do the same, if that happens the cryptocurrency market will enter a new bright future.

Ambition? I dont see Samsung will only be a small fry in blockchain. Their addition of built in wallet shows that their are interested in venturing too. Who knows maybe they already made one and thinking of releasing it. You know how innovative Samsung when it comes to tech. Apple on the other hand doesnt need this kind of tech on r maybe id Samsung deploy already and incorporate it to their phones maybe Apple will think over especially if the sales will be gone up due to this.

maxreish

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This is something special. I mean a high specs with good quality brand phone that offers a crypto wallet! Why not? We can do anything through that phone now. And of course, this will attract more crypto users to buy a phone with a crypto wallet inside. I just wonder how secured that is.

Quote

The official website describes that the smartphone has a security system with improved PIN protection and password protection. A separate memory partition is used for the private key.

I admit that this is something unique but is this enough to considered it safe? Anyway, good job for Samsung Company.

In the silence

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Good news is that it will boost awarenes of the public about ctyptocurrencies.

Smartphones will now develop their product to serve crypto users. Also more people will learn about blockchain technology.

CaVO32

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Quote from: Magkirap on February 23, 2020, 02:23:12 AM

Quote from: antsam on February 23, 2020, 02:03:05 AM

It is too expensive to be just a wallet, but the positive news is as a proof of acknowledgment that crypto exists and Samsung's classmates include it in its product means it's very positive

Yes it is expensive but the fact that samsung who is a big company have consider cryptocurrency in their product is such a big step for us because other companies will see it too and have high chance of adapting what samsung have done with crypto. Samsung always have it first in their flagship models so i expect to see that samsung built in crypto wallet in midrange or more affordable phones soon.

Yes, expensive or not, this move shows that they are acknowledging the significance of crypto and for those who can afford this gadget, they will learn about the existence of crypto without putting so much effort in it. This initiative aids in crypto adoption and I think, sooner or later, other mobile phone companies will follow thru and in the very near future, I believe, this built-in crypto wallet will be available in much cheaper smartphones. Though, for me, I will not really store coins on this one if I have this smartphone because of security risks, still this is still good news in crypto. But for smaller crypto purchases or transactions, I think this wallet is great! It comes in handy whenever you want to buy coffee or smaller items.

btc_angela

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Quote from: NNRR on February 23, 2020, 12:36:36 AM

World Top Tech-giant Company Samsung has introduced the new flagship Samsung Galaxy S20 Smartphone, which will have a built-in crypto wallet.
It can be used to manage Bitcoin, Ethereum, other ERC20 tokens and TRON (TRX).

Source: https://www.crypto-news-flash.com/samsung-galaxy-s20-will-support-btc-eth-trx/

It is really good for Samsung and crypto enthusiast to have a built in crypto wallet.

But we have to consider how expensive it is and how dangerous to carry a crypto wallet in our phone. Remember there was reported sim attack recently so I would advise someone to store there coins into a mobile phone wallet.

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Quote from: joinfree on February 23, 2020, 06:32:10 PM

Woow, finally the long-awaited Samsung phone embedded with a cryptocurrency wallet is here! I remember read about this story last year and i am glad Samsung has kept to their words. I can't wait to hear what Apple has to offer or have they made any announcements regarding the creating of a cryptocurrency wallet in their next releases?

well indeed this can be a new breakthrough that can make many people and many users can get to know cryptocurrency deeper and of course this will provide good news for the coin mentioned because it will certainly have increased transactions because for smartphone users the potential to make purchases using cryptocurrency supported.

joinfree

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Woow, finally the long-awaited Samsung phone embedded with a cryptocurrency wallet is here! I remember read about this story last year and i am glad Samsung has kept to their words. I can't wait to hear what Apple has to offer or have they made any announcements regarding the creating of a cryptocurrency wallet in their next releases?

btcholder

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Quote from: NNRR on February 23, 2020, 12:36:36 AM

World Top Tech-giant Company Samsung has introduced the new flagship Samsung Galaxy S20 Smartphone, which will have a built-in crypto wallet.
It can be used to manage Bitcoin, Ethereum, other ERC20 tokens and TRON (TRX).

Source: https://www.crypto-news-flash.com/samsung-galaxy-s20-will-support-btc-eth-trx/

That's great that Giant company Samsung showed their interest about crypto currency. It's a positive news for crypto industry actually. Many big company (like Samsung) are clearly understand that how much important crypto currency for digital financial. They are recognize that crypto is the future finance that's why they are added crypto feature in their product. That's really a big achievement for crypto industry i think.

Now the other point is how much secure those wallet for random people and are those products available for everyone..? Cause at this moment trust is the most sensitive thing in crypto market so obviously people will expect from them more security for their asset. I think it's just a start for a new era. There is no doubt they will develop there system if there is found some lack.

davinchi

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Build it wallet might not actually be what most of us want here. We have our own desired wallets and we would not simply shift onto a new wallet only because we bought a new device. Samsung is taking a major step towards adopting the cryptocurrencies but what I think is that they should start accepting crypto payments onto their online store and official local stores.

This would be a great start to start implying crypto payments and also many people might than go for Samsung only because of their eco-friendly nature with cryptocurrency payments. Samsung might fail by just launching built-in wallets. I'm sure the price for Samsung S20 would be way higher than the current highest value mobile device.

cabron

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Having a wallet that you can be bought anywhere you go seem to be a great tool for comfort. Like me, I would be worrying every time I left my laptop at home while my coins are stored in that laptop and this is the reason why I'm using Samsung phone to where I install wallets like Electrum and coinomi.
I even install EOS wallet and TRON wallet too.

What could go wrong though is that if your phone will be lost. I have a bad experienced like my phone died. So my advice is to chose a Samsung phone where you an replace battery yourself. The phone which you can open the back yourself and replace battery. Samsung phones these days aren't that easy which you will needs someone to open it for your just to replace battery and its not easy because just by opening the back of samsung phone you can damage LCD.

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Quote from: fuer44 on February 23, 2020, 09:56:50 AM

really good indeed if it was successfully launched, but I think this adoption will start from the upper classes. because of course the price of Samsung Galasxy S20 which supports crypto wallet is expensive. but that can actually be a new breakthrough in the world of gadgets, because if Samsung is successful and many fans are using it is not impossible that other platforms will do the same thing.

a progress that deserves support, but it's true your word might start with the upper class, because the price of the device used is quite reliable. might also anticipate things that might not be good. but frankly, I still prefer to use a laptop for each transaction because it might be more satisfied and feels safe, and unfortunately at that price, it can buy a laptop that is good enough

FanEagle

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Quote from: pakhitheboss on February 23, 2020, 06:11:23 AM

So I need to spend $1000 or more for this phone to store these three cryptocurrency. Who will want to do that, when there are so many free wallets available in the market to store more than three cryptocurrency.

A hardware wallet will be costing me less than this phone.

None would actually buy this phone only because they want to store those above mentioned 3 coins. There are a number of mobile wallets which allow us to store more than 10 coins in a single wallet and it would always be a lot easier to simply download those wallets onto our device and in this situation, why would we even go for that wallet which is built-in and limiting to 3 coins only?

We might lose our security by storing funds onto any such wallet as they might be easy to crack and we might lose each and every coin on that wallet. I am sure majority of people would only buy that phone due to the latest features and processor speed which would make the phone super fast. Most of the Samsung devices lack in their performance so I just hope that this new flagship device would not be like those.

fuer44

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really good indeed if it was successfully launched, but I think this adoption will start from the upper classes. because of course the price of Samsung Galasxy S20 which supports crypto wallet is expensive. but that can actually be a new breakthrough in the world of gadgets, because if Samsung is successful and many fans are using it is not impossible that other platforms will do the same thing.

Divinespark

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Quote from: antsam on February 23, 2020, 02:03:05 AM

It is too expensive to be just a wallet, but the positive news is as a proof of acknowledgment that crypto exists and Samsung's classmates include it in its product means it's very positive

Outside of crypto wallets, we have excellent technology from Samsung, and we can use our phones for many different purposes. If we only use phones to store cryptocurrency, I think it is not worth it, and I agree with you this is also very positive news for this market, big companies have paid more attention to this market.

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