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Topic: Samsung S10 crypto wallet (Read 1177 times)

legendary
Activity: 2912
Merit: 2066
May 29, 2019, 08:21:57 AM
#64
How could be it secured? I'm just ask if Samsung brand produced by korea could be invulnerable to the hackers but it seems it's a great steps on some big company on trust to bitcoin and i hope others big company could create something bigger on that idea.

It seems like their in-built wallet makes use of a system they call Samsung Knox [1], which secures private keys by managing application privileges [2] and ensuring the integrity of said application privileges by verifying the boot process on the hardware level [3]. So to my understanding while private keys are probably encrypted they are not stored in a secure hardware element as is the case with common hardware wallets such as the Trezor or Ledger. Samsung Knox's track record is not exactly splendid [4][5] but I guess we'll see in the next few months whether they have brought their shit together.

[1] https://www.coindesk.com/samsung-galaxy-s10-includes-private-crypto-key-storage
[2] https://developer.samsung.com/tech-insights/pay/device-side-security
[3] https://en.wikipedia.org/wiki/Samsung_Knox
[4] https://blog.securegroup.com/why-samsung-knox-hardly-has-anything-to-do-with-security
[5] https://www.tomsguide.com/us/samsung-knox-lock-hack,news-30062.html
legendary
Activity: 2730
Merit: 7065
May 29, 2019, 04:49:35 AM
#63
How could be it secured?
It is no more or less secure than any other software wallet out there. It mainly depends on the user controlling the device. The end-user needs to take the necessary steps to secure his wallet, not Samsung.
full member
Activity: 588
Merit: 103
May 28, 2019, 10:29:43 PM
#62
How could be it secured? I'm just ask if Samsung brand produced by korea could be invulnerable to the hackers but it seems it's a great steps on some big company on trust to bitcoin and i hope others big company could create something bigger on that idea.
legendary
Activity: 2590
Merit: 3014
Welt Am Draht
May 03, 2019, 08:18:41 PM
#61
So presumably several million S10s have been sold now. Not one person here has mentioned using it. There are virtually no articles about it. Looks like it's been a monster nothingburger. Being non BTC and possibly Korea only won't help of course. I still can't figure out whether it's been made unavailable to certain markets or not. All in all a damp squib.
full member
Activity: 168
Merit: 214
WhoTookMyCrypto.com
April 07, 2019, 10:33:11 PM
#60
Interesting article on the Samsung S10 phone getting hacked by bypassing fingerprint recognition: link

This certainly isn't a new development since it has already been shown that 3D printed faces can be used to bypass facial recognition (link).

Seems like an easy way to avoid getting compromised is to just switch to using a pin.
hero member
Activity: 1414
Merit: 516
April 01, 2019, 02:43:53 PM
#59
This is good that Samsung phone have a crypto wallet, but i will not pay so much for a phone, never, i think this phones are so much extra evaluated and not worth so much money.
legendary
Activity: 2590
Merit: 3014
Welt Am Draht
March 29, 2019, 08:29:58 AM
#58
At this point I'd usually dismiss Samsung as half-heartedly jumping the bandwagon, however their earlier plans of getting involved in the production of Bitcoin ASIC miners (whatever the current state may be) makes me think that they might be actually serious about crypto and are still in the process of getting their feet weet.

The mining thing was just a contracted chip job. They don't give a shit what they're making as long as it makes money. They get fed the design, churn it out, bank the money. All they did was the physical creation.

That's a good point about the path of least resistance. They could've wasted an awful lot of time dicking around with all the varying crap that's out there. But BTC will be simpler and much more in demand. We shall see if they add it.



legendary
Activity: 2912
Merit: 2066
March 29, 2019, 08:23:39 AM
#57
That is a very unusual choice of coins/tokens to include in the wallet. I wonder why there is no support for Bitcoin?! According to the source you provided they will include:

They're all nothing but ETH tokens. They obviously couldn't see past that. That seems like a very strange decision to me as ETH is big but not THAT big. Perhaps they believe it's going to take over the world and anything else would be a waste of their time. I think it's ultimately a dead end myself.

Short of having stakes in these tokens my guess is that they simply wanted to take the easiest route of adding as many currencies / tokens as possible with minimal effort. With this goal in mind Ethereum is a rather sane choice. Especially since they already went for Enjin and Cosmo Coin -- presumably due to their dev teams also residing in South Korea -- it makes sense to go for other, more popular tokens as well.

At this point I'd usually dismiss Samsung as half-heartedly jumping the bandwagon, however their earlier plans of getting involved in the production of Bitcoin ASIC miners (whatever the current state may be) makes me think that they might be actually serious about crypto and are still in the process of getting their feet weet.
legendary
Activity: 2590
Merit: 3014
Welt Am Draht
March 29, 2019, 06:01:07 AM
#56
That is a very unusual choice of coins/tokens to include in the wallet. I wonder why there is no support for Bitcoin?! According to the source you provided they will include:

They're all nothing but ETH tokens. They obviously couldn't see past that. That seems like a very strange decision to me as ETH is big but not THAT big. Perhaps they believe it's going to take over the world and anything else would be a waste of their time. I think it's ultimately a dead end myself.
legendary
Activity: 2730
Merit: 7065
March 29, 2019, 04:03:45 AM
#55
That is a very unusual choice of coins/tokens to include in the wallet. I wonder why there is no support for Bitcoin?! According to the source you provided they will include:

Ethereum
TrueUSD
BAT
Reputation
Revain
ChainLink Token
Paxos Standard
Maker
USD Coin
Pundi X Token
BNB
CosmoCoin
OmiseGO
Populous
ZRX
Enjin Coin

No support for Stellar, EOS, Monero and many other useful alts.
legendary
Activity: 2590
Merit: 3014
Welt Am Draht
March 28, 2019, 09:05:36 AM
#54
https://coinscribble.com/how-to-use-the-samsung-galaxy-s10-crypto-wallet/12606/guide/47/

Here's a rundown on the wallet. Still no mention of BTC so it seems like it's no part of the wallet at all, just ETH and a few of its children. It looks more fully featured than I was expecting.
legendary
Activity: 2590
Merit: 3014
Welt Am Draht
March 16, 2019, 06:28:31 AM
#53
Now it has been proved they do support cryptocurrency. But I don`t know why they only support ETH. Bitcoin community is huge, and those days lightning network is booming. Personally, I thought all phones shall support lightning network. To prepare for the coming future .

Everyone has their own vision of where it's going. I can imagine that Samsung imagine it's going to integrate with the social media accounts of their users hence the inclusion of that Cosmocoin thing. You fire up the phone, enter your accounts and the wallet is ready to start playing with them.

Anyway it looks like the wallet availability is confirmed as territory dependent. Some aren't offered the option at all - https://www.chepicap.com/en/news/8103/does-the-samsung-s10-come-pre-installed-with-a-crypto-wallet-or-not-.html
newbie
Activity: 25
Merit: 0
March 14, 2019, 10:55:00 PM
#52
https://twitter.com/mweinbachxda/status/1088102644386881537?s=21

https://www.trustedreviews.com/news/samsung-galaxy-s10-will-hand-cryptocurrency-massive-boost-2019-3649742

Who knows whether this is the real deal or not but there've certainly been enough rumbles about this over time.

I presume there must be some sort of secure element in there. Going on their track record of rapidly getting bored of updating their products, have they truly thought this through? This isn't just another shitty app. There might be a lot of user money on the line.


Now it has been proved they do support cryptocurrency. But I don`t know why they only support ETH. Bitcoin community is huge, and those days lightning network is booming. Personally, I thought all phones shall support lightning network. To prepare for the coming future .
legendary
Activity: 2268
Merit: 18587
March 09, 2019, 04:34:23 PM
#51
This pisspoorly titled thread is saying they're not seeing the wallet function is not installed on a phone delivered to a non S Korean.
I saw that too. Other threads popping up (such as here and here) which seem to confirm no wallet in US, Canada, Australia, Europe or Thailand. At the moment, it seems to be a Korea exclusive. There are some reports in other threads (such as this one) which suggest that the wallet is visible on the store, just not yet downloadable, and will be released in the future. Although it's a little concerning that even Samsung support doesn't seem to know what's going on with it.
legendary
Activity: 2590
Merit: 3014
Welt Am Draht
March 08, 2019, 07:44:58 PM
#50
It kinda makes sense for a South Korean company such as Samsung to get in touch with South Korean cryptocurrency projects such as Enjin and Cosmo. That doesn't necessarily mean that they will release this function in Korea only.

https://www.reddit.com/r/Bitcoin/comments/ayven2/samsung_phone_does_not_have_blockchain_keystone/

This pisspoorly titled thread is saying they're not seeing the wallet function is not installed on a phone delivered to a non S Korean.
legendary
Activity: 2590
Merit: 3014
Welt Am Draht
March 06, 2019, 06:48:22 PM
#49
i see this is the only one video where it has been said that it is eth only.

I remember the pre announcement wallet leaks only showing ETH as well.

https://www.theverge.com/2019/1/23/18194896/samsung-galaxy-s10-leak-hole-punch-display-blockchain-keystore

I'd be surprised if this was the case, but also strangely unsurprised too. They'd be inconveniencing potential users without it but I can't see many people buying the phone just for crypto.
sr. member
Activity: 572
Merit: 259
LSK, QTUM
March 06, 2019, 06:42:37 PM
#48
https://www.newsbtc.com/2019/03/06/samsung-galaxy-s10-bitcoin-ethereum/

The S10 wallet will ship as Ethereum only according to this. No indication as to whether they'll add Bitcoin or not.

How jolly unusual but all of their choices so far have been on the offbeat side.

i see this is the only one video where it has been said that it is eth only.
legendary
Activity: 2590
Merit: 3014
Welt Am Draht
March 06, 2019, 04:47:45 PM
#47
https://www.newsbtc.com/2019/03/06/samsung-galaxy-s10-bitcoin-ethereum/

The S10 wallet will ship as Ethereum only according to this. No indication as to whether they'll add Bitcoin or not.

How jolly unusual but all of their choices so far have been on the offbeat side.
legendary
Activity: 2912
Merit: 2066
March 02, 2019, 09:14:26 AM
#46
Samsung still shared some details about its cryptograph on MWC. Galaxy S10 supports Bitcoin, Ethereum, Enjin and Cosmo Coin. The latter is a small Korean project for the purchase of cosmetics.

Those endorsements are plain weird. I'd love to know how all that came about.

We've also yet to see much or any mention of this system in non Korean phones. Enjin and Cosmo are pure S Korea. Might it be Korea only?

It kinda makes sense for a South Korean company such as Samsung to get in touch with South Korean cryptocurrency projects such as Enjin and Cosmo. That doesn't necessarily mean that they will release this function in Korea only.
legendary
Activity: 2590
Merit: 3014
Welt Am Draht
February 27, 2019, 02:18:17 PM
#45
Samsung still shared some details about its cryptograph on MWC. Galaxy S10 supports Bitcoin, Ethereum, Enjin and Cosmo Coin. The latter is a small Korean project for the purchase of cosmetics.

Those endorsements are plain weird. I'd love to know how all that came about.

We've also yet to see much or any mention of this system in non Korean phones. Enjin and Cosmo are pure S Korea. Might it be Korea only?
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