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According to Samsung, the $290 billion behemoth which dominates every major industry in South Korea, smartphones are the safest device to use when transacting using cryptocurrency

Smartphones Over Laptops

Smartphone wallets such as Blockchain and Jaxx are the go-to applications the majority of cryptocurrency users utilize to send and receive payments with digital assets.

Joel Snyder, a senior IT consultant, a contributor to Samsung Insights, explained in a recent paper that smartphones are significantly more secure than laptops and other devices, because of the presence of the Trusted Execution Environment(TEE)

Most smartphones have a native environment called the TEE, which operates as a separate execution environment with its own memory and storage, isolated from the device. Hence, not even the operating system (OS) like Android can reach into the TEE and potentially initiate alterations in its memory.

In an event of a hacking attack or a security breach, attackers cannot possibly break into the TEE and attempt to steal data such as the private keys of cryptocurrency wallets because the TEE exists completely independent of the device.

On laptops or computers that rely on conventional persistent storage units such as a hard disk or an SSD, a hacker can easily break into the storage and steal valuable financial information, including data pertaining to cryptocurrency wallets, that could lead to the loss of funds and holdings stored in digital assets.

Snyder explained:

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.

I agree that smartphones are the most secure device to be when using crptocurrency. Smartphones has the ability to secure your accounts and also in smartphones you can avoid visiting some websites and there is only few ads in smartphones.

So how does samsung have the advantage, the right wallet can be installed on any smartphone?  ::)

The idea of a trust environment is only as limited in functionality, value and effectiveness on the basis of the fact that the flaws (if any) are yet  to be seen and exploited. the idea of using a hard or cold wallet still overall out performs the conventional TEE which is taking a wallet that has assets off prying eyes. The Samsung's idea is yet to be refuted or corroborated by any smartphone maker and until then, this remains a statement, not a fact.

It depends on the connection used.
If the connection is already tracked by hackers, it's not possible for hackers to find out our identity and unlock our wallet
We should change our connection daily for safety

Totally agree with it. Personally, I don't believe in Myetherwallet and other ETH online wallet. Smartphone wallet is far better than that weak Online Wallet. Samsung joined in the cryptocurrency platform, maybe a new revolution will make.

To be completely fair, it didn't seem like he singled out Samsung lol. It just so happens that the writer of the piece was a Samsung contributor.

And I don't know about this. I feel like a proper PC set up would be safer just because it's more unlikely to get lost or stolen. They can be just as hard to break into with proper precautions.

But yeah, if we're talking about the most secure device for crypto, it has to be hardware wallets and air-gapped wallets. It has to be noted that you can easily set up an air-gapped wallet with a smartphone too lol.

Safety is actually relative to how much you put in to your due diligence. May it be desktop, laptop, cellphone, online wallets, cold storage wallets, etc. Sure some of them are more secure than most. But it is still possible to steal information physically relatively easy with your smartphone.

There's so many factors that go into the security of a device. I can be on a laptop and be more secure than many people who use a smartphone. In general I do see the benefits of using a smartphone...however I'd go with an iOS device.

Yeah I am seeing a lot of information and discussion about the credibility of smartphones when it comes to cryptocurrency but still no one can give some proof that smartphones and the most secured device when you are doing crypto. Those conclusions are just came from their personal experience.

Did you know (TEE) ? OR The Trusted Execution Environment  is a secure area of the main processor of a smart phone (or any connected device including tablets, set-top boxes and televisions). It guarantees code and data loaded inside to be protected with respect to confidentiality and integrity. The TEE as an isolated execution environment is providing security features such as isolated execution, integrity of Trusted Applications along with confidentiality of their assets. In general terms, the TEE offers an execution space that provides a higher level of security than a rich mobile operating system (mobile OS) and more functionality than a 'secure element' (SE)
Samsung competitor HTC is developing a smartphone that it is billing as the world’s “first native blockchain phone.”

In December 2016, a research team at the prestigious Cornell University led by professor Emin Gun Sirer first teased the idea of scaling bitcoin with secure hardware, using TEEs. The Cornell research team went further than using the native TEE environment in smartphones, and built a technology called Teechan on top of TEEs present in the CPUs and Software Guard Extensions of Intel. Since TEEs exist independent of whichever device it operates within, and it can process transactions off-chain that are then batched into larger transactions for on-chain settlement, scaling solutions based on these trusted environments have seen significant progress by processing more than 2,480 transactions per second.

It's always the end users who can create extra precautions avoiding being hacked but the idea inside this topic is quite informative there's some good edge if you are well aware on how to take advantage and maximize features that you can find from smart phones which is not present from desktops and laptops we just need to utilize it and take it as an advantage.

Go to /r/trezor and ask the Trezor developers how they feel about the security of a TEE vs hardware wallet. Same with /r/ledgerwallet to be fair.

The most secure way to use bitcoin with a smartphone is to install the Mycelium app and use a hardware wallet with OTG cable. You really don't want your private keys on a phone TEE or not.

Thats grate .  8) you take my point in this topic

Well, smartphones generaly catch less viruses and malware than laptops and desktop computers. I store my own Bitcoin in my smartphone and I don't have any problems with it. The only problem could occur if you root your device and give root permission to apps downloaded from some shady sites. That's why I didn't root my phone and even if I do I will check the sites I download from.

The answer you're looking for is already in the statement you quoted. Maybe try reading it again. You can install certain wallets on pretty much any smartphone but it doesn't automatically mean it's secure. There's a lot more to information security than just the wallet app itself.

I still think security should be of the utmost concern to those using smartphones for cryptocurrency transactions, so users should download a reputable virus scanning app and be cautious about using the right security features with the phone. Where there's a will among hackers, they will eventually find a way to exploit the device.

very interesting information about TEE, I never knew about what it is before.

but your chosen subject here is still wrong though. the "most secure" device for using cryptocurrencies will always remain cold storage when you device doesn't have any access to the internet and also it can't be lost because you carry it around :P

I'd have to say this is probably pretty true, but I only use the words 'pretty true' for a big reason. The reason is the given which I'm going to propose, which is that people are using reputable wallets, which don't have access to their keys, and they ensure to save their paper backup somewhere. Now that that's out of the way, I would come to the same conclusion as OP because their aren't as many targets of hacks / malware / crypto coin stealing operations on mobile as their are on PC. But I must say that something like this will change if enough people are holding a shit ton of money on their phones instead of wallets on their computers.

As far as I know, smartphones and tablets are more secure than desktops because the apps are more separated from each other and there's not much shared space. But it's possible to have similar security on desktops with virtualization tools, there's even a whole OS called Qubes that allows users to easily create isolated boxes, so you can put your work, finances and entertainment into different containers that can't infect each other.

But regardless, it's not a good idea to have your saving wallet on any kind of online device, those devices should only be used to access smaller daily spending wallets.

But smartphones can be easily accessed by other poeple, I mean physically.

People always carry their phones with them, so chances of their mobile being lost or stolen are more. Doesn't it risk their investment?

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 <Home> and rob you at your house?  

Samsung is one of the best device in the world. The security of samsung smartphones is really secure so I think your cryptocoin or anything that you want to save using samsung will be safe but you need also other protector like antivirus or anything that can protect your devices.

I just prefer to use hardware wallet, because it is more secure than any wallets online,  like web wallets and wallet apps in smart phone. You have more control in hardware than those options.

smartphones, bitcoin and crypto world is a facility that will be used for transactions in the future, it will be more perfect and easier.

samsung is a smartphone that supports crypto growth, they created Samsung S10 with ASIC card, and I think Samsung will be a smartphone that can realize bitcoiner dreams.

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.

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

Why iphone is not good?

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.

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

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 .

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

Who would have thought that smartphones are more secure? Thanks for the info. I'll keep it in mind.

Thanks for the link! ;)

Yeah im agree because if you have in your hand youll be safe
Now the next is step is finalizing the idea

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.

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.

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.

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).

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.

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.

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.

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 :)

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

Every device is safe if you have 100% control over it. I suggest you use device fully under your control, do not use spammy apps which stoles info, use a good security app and do not use public network most of the times as the probability of phishing will be really high.

I like Samsung the most as a smartphone. It is safe to use and can handle the virus and other hackings better than other brands. So, it is safe to use Samsung while dealing with cryptocurrency. This lessen the chances of tokens being hacked.

I agree with this statement. Because when Samsung starts to using cryptocurrency they become more secure. Peoples are using Smartphone for browsing their secure accounts and many website also. So people need security.

Yes . We can do if someone use mobile phone . Be aggrrsive if your phone are steal . Thats my point in my started topic

rooting however is necessary for jailbreaking. but you're right its not targeted by the hackers. Samsung and HTC might just be the first mobile companies that will release smartphones for crypto. HTC had already announced their Exodus though its unclear yet when it will be release, this phone will be used by crypto users.

I think it is Samsung's right to think that, at present, not many hackers are concerned about the operating system of smartphones such as Android, iOS, etc. Security experts of large phone companies have done very well about the security of user information. Errors are maintained daily, with fewer errors related to the operating system on smartphones.

This probably is geared towards Samsung making a smartphone specifically for the crypto users that promises security of their money.  Probably another marketing strategy and i think this is good for us.

From my point of view this is totally true. Personally I don’t believe that much the others system. Samsung wallet is much better than the other wallet. As Samsung joined crypto so I think a new revolution will take place.

Goodnews indeed, besides of computers, there is smartphone that is smoothly used by people when it comes to social media online, the advantage of the smartphones in computers and laptops is that smartphones can be easily bring anywhere, a so-called portable devices that suits to people in online social business that everyone needs off.

I am totally agree with this news. Because Samsung already join this market. As far I understand Samsung wallet is more safer than the other wallet. I believe it has the ability to secure my device.

As far as i know, there are more developed hacking system with the use of desktop and laptop rather that smartphones, that is why maybe we can think cellphones are more secured to use rather that the other stated earlier. But as you dig deeper, it really depends on the user, there are a lot of application where you can seek help in blocking virus and such, but sometimes those apps may also be the reason for your gadgets having virus. The best thing is to avoid going to suspicious sites and such in able to prevent attack. We all need to be careful especially crypto, bitcoin to be exact is making its name in the market.

Well, thay can advertise all they want, I will not transact in my mobile any larger amount in crypto that I can afford to lose. I just can't see any sound logic behind those statements of Samsung and the common sense says it is all bulls..t too.

One of the best amongst the smartphones. That I could allow for Samsung. To say anything more is exageration at best, outright freud at worst. We'll have only to wait until people start losing money based on their claims, unfortunately.

Thanks for the tip! I would keep that in mind. One can never be too sure nowadays. Not saying that we should exclusively use smartphones for cryptocurrency, specifically Samsung and Android. The idea is to be unpredictable by using multiple devices.

As we all are aware with the reliability of the Samsung company, it is well known smartphones and tablets, computer and many other electronic devices company and it is also well known for its trust and faith of its user and as I stated in my earlier posts also that what makes a company trustworthy is its safety and confidentiality and if Samsung will starts using bitcoin then no doubt Samsung will become the more safer and confidential company as we all know that how safer and confidential the bitcoin is.

I prefer smartphones over laptop because they are more convenient to carry about unlike laptop.

And aren’t Samsung phones adopting iris scans now for added protection? Then yes. These kinds of smartphones will make great gadgets for protecting cryptos and other transactions.

Excellent thread very informative, thanks for sharing mate. Smartphones aside from being handy and portable, has become a vital part of our daily life for communication. This news might encourage other leading and big mobile phone industries to adopt and promote cryptocurrency as part of their marketing strategy. Mobile phone plus cryptocurrency is a perfect combination for a brighter future in the blockchain era.

I glad to help for this forum. Always care in scammers and hackers .

Maybe one of them is true, but it's all come from us. Don't let people know your seed, don't use free vpn apps, just sownload app from google play,.. Keep in mind of those then you will never be hacked. For example, just a few days ago, alot of people using Myetherwallet lost all token in their wallet because they used HolaVPN - a free extension. Because Hola is a P2P network, you and some one else can actually in one proxy server, that's explanan everything.

Yeah that is quite true. Not many holes of vulnerability in smartphone more than in PC. But the problem is the app of your smartphone.
We must using the most trusted app in our smartphone, otherwise we just give chance for hackers to hack our wallet with their shady apps.

Well, I do not know if samsung are the most secure device when using cryptocurrency, because I am not a samsung user. However, if its true or not just always be careful for downloading some malicous sites, do not used a free vpn because it can be a devices to use for stealing your personal information in your phone. Hopefully, its a true news because all of us needs a device to secured our crypto in our phone.

Yes very true. I wonder how they can advertise Samsung as the very secure device for cryptocurrencies when with all the apps on your phone you can have like hundreds of different viruses and trojans. How does it relate with all that "security"?

The comparison of safety between computer and smart phones do make sense albeit, does it really have to be just Samsung? There are other brands that are smart phones too, right? I do have LG and thank goodness, so far, I have not encountered any security issues yet on my digital transactions.

There are no smart phone which are suitable for crypto because phones are frequently connected to Internet and also it is frequently using for shearing data.

no I think that smartphones can be just as hacked as a laptop and Samsung is published only for the sake of the HYIP of its product

A computer is always connected to the Internet and is used for sharing data as well, doesn't make it not suitable for crypto. :)

And they are essentially the same thing too. It's just a matter of hyping their products. It's not just Samsung in specific where we can apply the explanation.

It honestly is not about what device that you have. Others believe that Apple can never have a virus since you can't download just any file from the Web using that phone. Does anyone really know someone who got their Smartphone hacked? I have friends who click every Ads and pop-up prompts but they never got their phone hacked. In a computer, these people have tons of virus what does those virus do? The most troublesome I encountered was a virus that auto-downloads and installs apps without your knowledge. Other than that? Nope.

It's all about the gullibility/negligence of people. And that's where we should focus on. People sometimes mistakingly uploads their private key instead of their bitcoin address. There are also some who uploads their private keys on their facebook messenger. They send a message to themselves. Once their facebook account is hacked, so is their bitcoin addresses. Was that caused by which Smartphone were you using? No. We have to focus on educating people so we don't get tons of virus in our computers (not because they take our bitcoins away but because they are annoying) and how to avoid being taken advantage of by someone from the Internet.

I think Hardware wallets are more secure than wallets in smartphones. Smartphones can get hacked online via WiFi or offline via Bluetooth connection but hardware wallets are mostly offline which means it can easily be accessed.

I really don't understand how could samsung give this kind of statement because phone is the most dangerous divice for cryptro currency.

No, i totally dis agree with this statement because no phone can be suitable for using cryptocurrency, phones can easily be traced.

Indeed Samsung smartphone has a high level of technology and this device can be used in crypto mining, but for security is not so sure, the problem is this smartphone can be lost or dropped.

Those device which are frequently connected to internet and also can be stolen very easily can never be suitable for crypto because with that device we may lost our everything.

I have to disagree. Maybe you were lucky with your viruses, but the net (even this forum) is full of stories of people who had the phones or computers hacked and used to do some financial freud (the virus can for instance replace the legit bank account or bitcoin address with the attacker's one, making you send your money to the attacker).

The phones are actually much more dangerous when hacked, because they not only can access bank accounts or wallets, but they usually act as 2FA devices, in effect the attacker controls both authentication channells of the victim.

And have you heard of viruses that encrypt the victim's hard drive? The attacker says they would reveal the key only after you have send them bitcoin.

Well if you're using Androin on it I do not think so mates. You can be contgrolled in every way back to the central server and so you private key you hold inside it. So be careful and think twice before acting.
If you really want the truly proivacy choose a free software smartphone approved by free software foundation and you can be sure you're ok with that

there is some sense in this claim given the amount of viruses in phones is definitely lower than in computers, but it doesn't mean you can't get virus in phone and it's safe in general

What about the 2FA which gives the additional vector attack for phones, compared to computers? I'll explain: phones can be used as 2FA devices what means that the attacker can control the second authentication channell too.

it's more like a Samsung commercial . I believe that any smartphone is safe for crypto operations. They are more protected from extraneous programs than computers. But each lock has its own key. And the key can always be done. Therefore, there is no 100% safety. :-\

I think that a smartphone is not the best place to store cryptocurrencies. If you store a large amount. If you store a small amount, then the storage of cryptocurrency on a mobile phone is convenient.

This means smartphone, whatever the operating system.It tends to be safer to store our digital assets, rather than using a laptop or computer?Honestly, I just understood about that

There is nothing wrong with keeping the amount of bitcoin you are willing to lose in a hot wallet on a smartphone. Nowadays Trezor or Nano S hardware wallets are cheap and can be used with Mycelium on Android with an OTG cable keeping your private keys completely off the phone. That's the safe smart way to use bitcoin with a phone anything else is a distant second best.

Anything is secure as you make it out to be. You can lock your Google authenticator (or whichever app you use) with fingerprint or something? Enable remote wipe so even if you lose phone you can clear its data so thief can't steal anything from your phone.

And of course keep those 2fa keys secure somewhere to avoid headache later on.

To those people, I say "What the hell have you been doing with your computer?" and it's mostly the people who likes to post about deep web stuff that gets such virus. Why would hackers ransomware attack random people when most people haven't even heard of bitcoin? They are attacking larger companies. Just like in this video where a police station got a ransomware attack multiple times: VICE: How easy it is to get hacked? (https://www.youtube.com/watch?v=G2_5rPbUDNA&t=9s) Now let's ask ourselves, why would hackers care about our pdfs, documents, or excels? They wouldn't. They are targeting institutions who are in need of their files in order to get going with their job so they are pretty much forced to pay for it.

People who gets extreme virus in their home computer are probably doing nasty stuff with their PC. The surface net doesn't have this type of virus. If you're only browsing the typical youtube, IG, facebook, etc. how can you catch these viruses? Plus, it's the people who likes to dive deep into the net who doesn't even understand how to keep their computers secure. They are probably using Windows Defender, ffs.

I'm using the Internet 10-16 hours a day yet my computer is as clean as it can get. It's all about getting rid of the virus and not getting the virus. You have to be weary of little things like your browser changing the homepage, or changing the search engine (instead of Google or whatever you set it), and your computer downloading things or installing new apps without your permission.

Mobile devices have an advantage over PCs: They are personal devices, if it's good, it's very safe! Digital money wanted success must be widely used on mobile devices!

it is true that Samsung is better for using the websites of crypto exchanges and other online facilities are good to see on smartphones. Other than Samsung few models can do it and Crypto sites are important to see regularly for market survey and finding potential coins.

Yeah, why not just go for the ledger wallets anyways. If you are really into the crypto with full time of your life then go get some bucks saved for the purchase of crypto hardware wallets which re specially designed for this purpose of storing and securing the funds. Why one should be storing the hell lot of the coins over the smartphones if the question and comparison of security even arises in the reality. I am sure we should be using the smartphone for making the calls and taking photos rather than storing our valuable crypto coins over it. Now Samsung might just talk about the crypto for publicity stunts and nothing else.

The company computers that are targetted get infected not because all the victims like to go to the same fishy sites, but rather the virus gets sent out as a link in an internal email or there is some crawler that infects the computers via some compromised and not firewalled port or protocol. Even if you may be right that regular people will not be directly targetted, both attack vectors can make other computers "collateral" victims, as regular people may get the email and click the link or run the exec file or the crawler may just crawl unto their computer.

I am not saying that there are no countermeasures. Every sane person will use a firewall and an antivir and they will be smart enough not to click suspicious links. But there is this race - new viruses, new attack vectors, they all try to outrun the antivir software and outsmart firewalls.

All I want to say is that I consider viruses a very serious threat, to my bitcoin and bank accounts too (and don't want to underestimate this threat).

I agree smartphones are safer than laptop and desktop. Its not 100% secure but if you are using it carefully then these devices are best to keep your digital currencies.

I do not think all the smartphones are totally safe because if we open any phishing website or miscellaneous website, then our device can easily hack and steal all of our data. But if we use hardware wallet and Google Authentication with our phone to protect our funds and this can be avoided.

This is the most interesting info.

Anti-virus apps for mobiles are pretty worthless imo. Keep your os up to date, don't install shady apps and visit such websites, use reputable crypto wallet (mycellium, coinomi). You should be good.

No it cant be done so easily. If you re using the computer or laptop then you are just using it to open or access that website over the IP however if you are having the 2FA activated which will be via your smartphone then you are still very much secured. Because as long as you dont put the authentication code generated you wont be able to gain access.

Tell you what even when the hackers get your passwords then also he wont be able to access the site or account without that 2FA. And 2FA always keeps changing every other 10 seconds and never repeat itself ever.

I guess this combination of both is far more secure rather than just using the phone.

I like that Samsung is taking crypto seriously and even going to produce some miners!

I hope it can be applied immediately, I think the security on smartphones can be very safe as in hardware crypto wallet such as ledger

Samsung does have advantages and is safe for crypto mining but it will certainly be limited. It's just not safe if this cellular is not stored carefully, because many real crimes will rob.

You can't be all that certain  of the specific device to give you the security  measures  you  are talking  about,one only need to be careful, activate  certain  security  measures  like 2fa code, OTP, possibly  the features  the phone has, or computer system..

I agree that the scenario you describe is secure. What I was trying to say is that if you use your 2FA smartphone to log into the sites (even if occassionally or only once or twice, and I have seen my friends do that and I admit I do that myself to log into bank accounts) then you may be in trouble if that phone gets compromised.

This is true. It is very hard to secure things such as bitcoin. It is the apple of the eye of the hackers because of its high potential of growing. In which it is very useful today. With this people should do safety precautions with the security so that it will be safe. It is recommendable to use a cold storage and hard wallets for storing cryptocurrency especially bitcoin.

Agreed. Any phone can be, once installed with a malicious app, can be controlled. I better use focused hardware that has specific operating systems for specific use only.

This way I would not need to be worried if someone or a game will control my phone.

This will also adds the popularity of bitcoin. Thi sis a big help for the cryptocurrency market. This will surely encourage others to enter to cryptocurrency or to used bitcoin because of the huge company such as Samsung engaged into it. Surely there will be a smartphone feature where you can store your cryptocurrency safely and secured in the future.

I am using bitcoin wallets on a brand other than Samsung and there had been no security issue so far. In my opinion, all reputed brands keep their mobile updated or free from these kind of security flaws.

This is true, I think its not just about what kind of phone or computer you are using. Its about what kind of wallet you have, its better if you have your personal gadget which only you could use. In this way you can keep from anyone to steal the private key you have or the back up. Having an open source wallet would make you feel you have the sovereign control over your funds. Anytime, an application might go on yout phone and have the access to your wallet specially when it is exchange wallet. Better to keep it in a hardware wallet or open source wallet which guves the hacker the hardest time to hack an account. You might want to try HODLER wallet which is an open source multi wallet. https://hodler.tech/?lang=en you can check more of its feature to verify.

but you need to make a clarification that not suitable for unlocked smartphones. or make it clear whether they are safe?

honestly, I generally believed that smartphones are the most insecure way to store cryptocurrencies, and they are easier to crack than anything else

well, not really, in our forum there is a fresh example of alike thread of a person who lost all his bitcoins due to a trojan: https://bitcointalk.org/index.php?topic=5044019

Isnt it smartphones are the riskiest gadget o be used ever in transacting crypto because even though it is the most convinient way to access, it can bethe channel to all your accounts. Im sure all of your electronic belongings are stored there for convinience like emails, passwords and bank accounts all leads to one system.

I don't think so and I think you have a mistake about the security of the device, when your device is a smartphone or whatever it is connected to the internet, everything will not be safe, because this internet network can be inserted some descriptions that you don't see and don't feel and Suddenly it has been entered on your device and is lodged there as a virus that is completely invisible, so any device that is still using the internet will not be the safest.

There is no doubt that Samsung smartphones are known for their security as it is very difficult to hack and track any details on Samsung smartphones and then every bitcoiner must know that bitcoin promises the most safest and the most confidential transactions as the bitcoin transactions does not involve any third party seizure and no third person has the right to see the transaction between the two so the bitcoin transactions provides user anonymity so if Samsung smartphones use the bitcoin technology, then no doubt Samsung smartphones would be the most safest one.

It's not a very rational approach. Mobile devices in the future can often be used. But in today's circumstances, it's not possible. Energy consumption will be the biggest problem.

Smart phone are not prone to attack than PC but a good hacker can still penetrate it. I hope they come up with a smart phone that is very secure like hardware wallet and hoping it is more cheaper because if it is too expensive, I rather buy a hardware wallet than to use my smartphone as a wallet.

I do not think so. Whether you use a phone or a computer. If it is not protected, it will also easily be hacked by hackers. However, using a phone is more convenient than a computer because it is compact. You can take it easily and you can use cryptocurrency anywhere.

I myself rarely use smart phones for crypto currency transactions. I prefer crypto currency transactions using laptops. I am not a Samsung user either because for days I have used Samsung but the system is getting slower and slower. Insofar as I joined the crypto currency, I also did not see other smartphones other than Samsung contributing and joining the crypto currency system so maybe Samsung is the safest device to use for crypto currency transactions. Especially in my country, Samsung's function for crypto currency is not clearly explained.

When it comes to safety, offline wallets are the most safest ones. If we compare smartphones to PC/Laptops, everything depends on OS. Btw simple user may be more secure on smartphones because it will less likely be affected by viruses, usually target is Windows OS. On another hand Linux is the most secure to my mind, it gives an extra layervof protection and anonimity in every aspect, there is a reason why some IT people choose it.

In my opinion everything will not be safe, because we are internet network can be inserted some descriptions that you don't see and don't feel and Suddenly it has been entered on your device and is lodged there as a virus that is completely invisible, we need to be careful because now adays hacker has advance in technology keep your information secure. Be responsible think before you click.

I also did not have a security issue till now.But that is mostly because I don't trade or open wallets.They are like an experiment for me.I just like to know they are there.
The only issue I have is broking the screen of my phone.I could not get some of my files and wallet ids.Luckily I always write in a notebook as a security measure.

I do store my assests in various places or gadgets but mostly in my smart fon and i always like always create backups of important info. Also when doing a transaction with an exchange i always feel confident whenever my meta mask is on. I am not fond of apple phones for sure. Been using samsung for i guess a decade now. No issues whatsoever.

 I strongly disagree I have a Samsung galaxy j7 prime and still got viruses in my smartphone, they are not a big threat to me just annoying. I got games that download by themselves >:( Do not get me wrong I love Samsung, all my life I had Samsung phones plus I recommend them a lot and I really hate apple smartphones and mcbooks but I never trade bitcoins in my smartphones for security and privacy reasons

Gradually, big corporations around the world have applied their cypress production practices, demonstrating their growing role.

Trustworthiness means that when you store, you can maximize the likelihood of hacking