Topic: Samsung: Smartphones are the Most Secure Device When Using Cryptocurrency - page 5. (Read 1175 times)
July 30, 2018, 01:11:59 PM
yes I can assume that it is a valid news cause there been happening many discussion about it, and the review are also very positive but still some people believe in others wallet, let's see what future brings for Samsung wallet
July 29, 2018, 11:52:28 PM
Some points: You should not root your device, you should not give accessibility and Device administrator service to unknown apps, don't install shady apps, regularly check for updates.
Then you should be fine I guess
Then you should be fine I guess
July 29, 2018, 11:42:49 PM
Ever since I have known bitcoin, I never used laptop or desktop. I have a guts feeling over those kind of gadgets. Been using smartphone til now and you were right. I felt a lot more secured than using other.
July 29, 2018, 10:13:50 PM
Marketing strategy, huh? All of their studies is just nothing if the victim is not aware of the methods that hackers can do. I remember a fake poloniex in google play has made a lot of traders lost their coins because they did not know that polo has really no android app in the first place.
July 29, 2018, 09:45:14 PM
Thanks for sharing mate, very informative thread. This may promote more crypto enthusiast and investors to utilize smartphones in doing crypto transactions more frequent rather than our pc and laptops aside from its portability features. I have heard Samsung is promoting adoption of cryptocurrency, this might bring positive impact to the cryptocurrency community.
July 29, 2018, 08:53:43 PM
Although I do believe that smartphones are safer than using a computer, I don't think they are safer than a hardware wallet or a paper wallet. Just 2 nights ago my phone was stolen with lots of important info (nothing crypto related other than Blockfolio), and I am thankful I always used better judgement than to use any kind of smartphone wallet.
However, I would be willing to use an app that allows me to pay with cryptocurrencies from my phone (having only a small portion of my crypto in there).
However, I would be willing to use an app that allows me to pay with cryptocurrencies from my phone (having only a small portion of my crypto in there).
July 29, 2018, 08:11:40 PM
no i dont think so
when the phone is lost or stolen then you will lose all your assets
when the phone is lost or stolen then you will lose all your assets
Not necessarily, if at the time of creating the wallet on your smartphone you copied the seed on a sheet of paper, you can restore it on a new device. The only problem you can have is that someone steals your mobile and manage to guess the wallet password, but if you react quickly, restore the wallet and send the funds to another different wallet of yours, you will not lose your coins.
July 29, 2018, 07:03:01 PM
Perhaps malware for smartphones is less than for a computer or laptop, but I'm not sure that in terms of security the smartphone will win. If desired, and your computer can be perfectly secure and just need to be careful. And the smartphone? What if it's lost? So his safety is highly questionable.
July 29, 2018, 06:59:39 PM
I'd like to know how many phones in places like China and Africa are running dodgy OS's and pirated apps. There must be hundreds of millions of them and they're possibly wide open compared to a nice fat Westerner locked into the Apple or Play store.
July 29, 2018, 06:56:52 PM
Yeah im agree because if you have in your hand youll be safe
Now the next is step is finalizing the idea
Now the next is step is finalizing the idea
July 29, 2018, 06:52:07 PM
What a surprising news! Never thought about it this way... Thanks for letting us know.
Here's the link for those who might get interested:
https://finance.yahoo.com/news/samsung-smartphones-most-secure-device-210755787.html?guccounter=1
Here's the link for those who might get interested:
https://finance.yahoo.com/news/samsung-smartphones-most-secure-device-210755787.html?guccounter=1
Thanks for the link!
July 29, 2018, 06:43:53 PM
Who would have thought that smartphones are more secure? Thanks for the info. I'll keep it in mind.
July 29, 2018, 03:58:23 PM
Offline wallet is always preferable than online wallet due to safety issues. Smartphone has advantage over computers due to its ease of carrying. I don't know if you have heard of SIRIN LABS but they are developing a smartphone called FINNEY with integrated wallet that is promising safety. You can go check it out in their website.
July 29, 2018, 06:29:05 PM
What a surprising news! Never thought about it this way... Thanks for letting us know.
Here's the link for those who might get interested:
https://finance.yahoo.com/news/samsung-smartphones-most-secure-device-210755787.html?guccounter=1
Here's the link for those who might get interested:
https://finance.yahoo.com/news/samsung-smartphones-most-secure-device-210755787.html?guccounter=1
July 29, 2018, 06:55:23 AM
i think iphones are more secure than Samsung,
Yes android gets less malware scares, but you need be smart and more secure about what type of app you are going to install . Even some apps in google play store can't be trusted. &
NEVER INSTALL Cracked Apps , If your storing sensitive data in your phone .
Yes android gets less malware scares, but you need be smart and more secure about what type of app you are going to install . Even some apps in google play store can't be trusted. &
NEVER INSTALL Cracked Apps , If your storing sensitive data in your phone .
July 29, 2018, 06:13:53 AM
no i dont think so
when the phone is lost or stolen then you will lose all your assets
i'd prefer to keep all my assets in the wallet hardware and keep the private key on some sheets of paper and hide it in a place where only i know
i hope in the future private key will be replaced with fingerprints to access the assets
so i do not have to worry about losing my assets because only using fingerprints is the only way to access them
when the phone is lost or stolen then you will lose all your assets
i'd prefer to keep all my assets in the wallet hardware and keep the private key on some sheets of paper and hide it in a place where only i know
i hope in the future private key will be replaced with fingerprints to access the assets
so i do not have to worry about losing my assets because only using fingerprints is the only way to access them
July 29, 2018, 05:29:16 AM
I always thought smartphones were a lot safer due to most likely less malware targeted at them(though not 100% sure), unless your phone is rooted and you're giving a lot of special permissions to random scammy apps. Though I've always though up to date iPhones were more "secure" compared to Samsung phones or android phones in general.
Nothing beats a hardware wallet over-all in terms of security+ease of use though.
Nothing beats a hardware wallet over-all in terms of security+ease of use though.
The article is really an eye opener from another angle. But the argument I have always read about the more secure between laptop and mobile has not been significantly disadvantageous to mobile as majority of the argument is between web wallets and desktop wallet in which the bone of contention has been who controls the private key. The only issue I see here is how to then store the right way because only few people would know about TEE and majority if the mobile version of desktop wallet are "plug and play" where you just need to install and run without doing basically any technical job. The onus of ensuring this to me, rest on the developer of such software to by default save private keys in the right place.
July 29, 2018, 05:17:33 AM
Why iphone is not good?
July 29, 2018, 05:16:12 AM
There is no device smart enough to compensate for dumb people. Let me use this example : The hacker manage to install a Malware on the Android OS and it simply replace the Bitcoin Address that you use, with their own Bitcoin address. A lot of people seldom double check addresses when they use their wallet, so they end up sending coins to a hackers Bitcoin address and not to the intended recipient. 
What do you do if the Hacker gets your GPS location and rob you at your house?
What do you do if the Hacker gets your GPS location
Hahaha . Its simple . If you earn a lot of money you can secure your house put a lot of bodyguard and cctv doble lock your door put many dogs on your house to protect . Its 20th century theres a lot of technology to secure and protect ourself
July 28, 2018, 03:13:58 AM
I do not agree with this idea, because smartphones now have a lot of bugs, though many smartphones from big companies like Apple, Samsung, etc are still very secure in terms of security. But there are also bugs that even programmers cannot predict. Blackhat hackers easily take advantage of these bugs to create a backdoor on smartphone systems to obtain information on the merchant's dealings.
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