Bitcoin Forum

https://twitter.com/redball2/status/1117248241869840384

What do you think will be the impact of this kind of powerful phones? There are discussions that this is a potential security nightmares for crypto enthusiast who uses smartphones as their crypto wallet. So just be careful when entering your pins or passwords in public places, you will never know who's watching you at your back, or in this case above you.  ;D.

It wont be that easy imho, there is always 2fa to secure your wallet. Even if someone knowing your wallet password or pins but as long as you have 2fa then it is still safe. I think you are just too worry of it, make sure you have 2fa of your wallet then it will be OK.

I think you don't have to worry even they have seen your password at your back using that high tech gadget from a smartphone, does not make any sense if you have set 2Fa authenticator and even email verification before they access your wallet. First, you have been noticed once someone attempted to hack your wallet. If you know how secure your wallet is you don't have to worry about this.

Well, I really impressed on that newly smartphone that has 50x zoom, I am just now heard on that kind of gadget.

Absolutely it will not be easy for a watcher to have access into your accounts just becasue you are simply inserting your password in a public vehicle or whatever. After all, when the password is strong enough combine to the 2fa, nothing to be afraid of.

that's why we better have an offline wallet so we won't log in to our account wallet with private keys or password :D
Also the probability is too low, thief won't buy that expensive phones to steal people's wallet :D

Lol. It is not that simple since more and more people are understanding the importance of security in a world where hacks are getting more and more common.

No matter what kind of mobile it is, your security is completely in your hands at the end of the day.

As technology advances I am sure developers are also seeking ways to secure and improve security measures. Do not worry too much there are a lot of ways to secure your credentials.

There are some improvements in some of the current wallets, such as Wife Mode in Wasabi's wallet. You can hide critical information when you are in a public place.
About passwords, You can use a fingerprint, eye, face, or even a random distribution of passwords.
There is a feature in some phones where it is impossible to watch the phone screen except in the usual corner of the eye.
So, Don’t worry.

P30 camera is really amazing but it's just a gimmick (digital zoom with increased sharpening). It's not a problem even if they take a photograph of your password as most apps will make your password looks as asterix characters.

Anyway, it's not like somebody would just type their password in public place and show it to everyone. Even if you use x50 zoom it won't really matter if it's blocked.

Nothing really is possible with technology but I get what you are thinking and that is for the security of your wallet I really think this kind of enhance camera feature is not likely to be used to hack passwords, And just like others have said that there are P2A security for any wallet you have and even though hackers would surely know your password there are authentication that needed to surely access others account this kind of technology can mostly be used by paparazzi and staking your crush from far away and to peep from someone's window bedroom and to luckily capture some intimate things from it, Well this is what I can think about the use of this phone,

Security is the first thing we needed to learn in regards to this industry, we should always be care about how deep the security we have to make sure it will not be hacked by anyone, if you are more concerned about this then you'll find ways to avoid anything happen with your assets, make sure to watch your back as always 😉

Wow that quality is quite good but I don't think there is anything to worry about related to crypto but your social media accounts maybe and in some cases privacy too its quite amazing for a phone camera.

We can't really discount that possibility, what if they have a target they know that have lot of bitcoin, let say, that expensive phone will be worth it.

I'd say that not only in crypto, but lots of possibility of that phone to exploit other people specially their privacy. Yes, 2fa is great, but how many of them are actually using it?

So it's better to be paranoid if you are in public places and take care of our wallet and phones security.

I would not worry too much about the cameras on mobile phones, there is no doubt that they are becoming more powerful with time. If the cameras on mobile phones are so powerful, what do you think about technology owned by the military or secret service?

Today is possible to rent a satellite which can spy for you showing objects around size 30 cm, but only because these companies have restrictions to not show smaller objects. It is very likely that military spy satellites can shoot a lot of smaller objects, even read content of our smartphone screen if it is at right angles. Privacy is becoming more and more luxury, not something that people would be guaranteed as a human right.

https://www.businessinsider.com/satellite-image-resolution-keeps-improving-2015-10
https://www.digitalglobe.com/

Yep, that technology is really that advance for a smart phone camera. There could be someone to exploit it, but I guess they will be having a hard time for crypto enthusiast because we all know how to protect our accounts in public.

Heck, even we have advises not to used our bitcointalk account when you are in public  ;D. So I don't think this will be an issue for crypto users though. 2FA for one has been a good deterrent and will really help us secure our accounts.

The solution is simple, your fingerprint becomes your (3rd fa) or your eye or your blood or spit or FACE ^_^

As long as you have your private key Bitcoin wallet, you no longer need to worry if your Bitcoin wallet provider site is down or inaccessible. For example, your Bitcoin wallet is installed on a smartphone and the application is erased (or worse, your smartphone is lost), you can simply reinstall the Bitcoin wallet on another device (on a tablet or PC for example) and enter your private key to gain access to your wallet back. which is definitely safe or not your wallet depends on you.

i don't think this would be a problem since phone nowadays supports fingerprint, pin will be used if fingerprint sensor isn't working, i dont think they would be able to see the pin number at that distance, beside some phones support iris scanner and face recognition, i doubt that it would be a problem.

That is why you need to store your crypto's in a Hardware wallet or use Desktop wallet. That is why you are always asked by the exchanges and recommended by everyone to activate 2FA. If you follow all those, I am sure it would not be possible  for anyone to access them.

I think it wouldn't be a problem because once you have bought your phone, you are in control of it. No matter what private keys you input, they couldn't access every single detail in your phone. That's included in their code and they should abide it.

I don't think that the current powerful phones would have the capacity to steal cryptocurrency to an another gadget for as long as you follow the safety measures of securing your Bitcoin wallet. 2FA still serving its purpose to secure our wallets and I'm fine with it.

Just don't store your seed phrase into your phone!

This could not be fully secured at all(2fa), if he knew your pins and then got your phone, the cyrpto you have will be stolen. I guess it is just safe to say that you shouldn't be letting people know that you had such huge value amount of crypto currencies in the first place-I think that is why anonymity is a must to every crypto users out there to avoid being a target. Whatever we do, if somebody wants to steal from us, they would do most of the things that we wouldn't ever know and that includes even hurting us physically if they knew who we are and where we live and so on. Well maybe I am stating these things because I live in a less secure place than you do guys, I don't know but just to be sure we must think far beyond ahead of us.

I watch the link, and I am amazed at the zoom of the phone.
Wow, that is almost the same as a camera which can zoom closer to the object.
I only think that if I want to open my phone using line pattern, I must make sure there is nobody behind me ;D
A better technology started to come out and release a new product with more function, and it will give advantage for us, but we still need to be careful when using the technology.

I don't think you need to worry because to find out the pin, password and other security info is not enough just to use the cellphone to steal the data, we must be able to hack the system from the wallet

Just don't handle your 100₿ bitcoin wallet from your phone... That should remain in a cold wallet.
In your phone just keep what you are likely use for the day, like, you know, an actual day to day wallet.

If someone wants to inspect you, they can do it with a decent professional digital camera, not the gimmicks on smartphones. Like a sniper, they can take a look from so far that you wouldn't have the slightest idea (an actual sniper scope would to just fine). There is also the chance that the surveillance cameras could be used, now that there are 4k or better in the market, and definitely have better lens than a smartphone camera, many can be moved remotely and zoom at you on command.

That phone is really awesome and creepy at the same time with that 50x zoom in camera but regardless of that, I don't think it's be easy for them even though they're secretly watching you while entering your pin or password.

Exactly, a cold or hard wallet is the best option if you are holding huge amount of cryptos.


So we really need to take care of everything which involves crypto right now. Criminals will likely target us, whether using high tech gadgets or will simply knock on your door put a gun in your head and steal your coins. I'm not into overly sophisticated phone, btw, so I'm not buying this one even though it has 50x zoom or whatever.

It won't be that easy since people now learned and using more security purpose. 2FA and secret question can't be crack that easily. Also website right now have many security too specially when you log in into new IP.  Even Facebook can blocked your acct fast when you logged in into new IP

We are constantly under surveillance from CCTV cameras with crystal clear zoom functions. I have seen CCTV cameras close to ATMs and even secret pinhole cameras built into panels in cash ATMs. If the operator behind these CCTV cameras are criminals, most people would have had problems with their Bank accounts being emptied. <They can track these people, steal their cards and use the password that was gained from this footage.> 

Human engineered "hacks" to bypass security measures has been with us for ages, so no security is 100% bulletproof against clever criminals.  ;)

Well, It wouldn't really affect me as I have 2Fa everywhere + I have hardware wallet, Also I use fingerprint authentication wherever It's available. 50x zoom is pretty sick, Soon there will be 100x zoom by a competitor lol.

Honestly, I see absolutely no problems. 2fa authorization + complex password and elementary security tools and your wallet will be safe. The problem is that many users do not even comply with the elementary security features of their wallets. I personally had a date as a guy at the airport came into your accaunt Binance through the wi-fi airport. Personally, I would never do that. And I think that is the problem. In addition, wallets are constantly being improved, and it is possible that access via fingerprints or voice will soon be possible.

At first, when I saw the title of the OP I think it is irrelevant to post it here but when I read it, it does make some sense at all. :D

That's correct, 2FA is really a game changer when it comes to security issues and threats against Crypto Currency safety. I guess these days there are lots of ways to secure our wallets and there are a lot of safety precautions to do to make it even safer.