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Author Topic: An Overview of Bitcoin Android Wallet  (Read 544 times)
adjed
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November 25, 2019, 08:02:56 AM
 #21

Personally,I prefer to use two mobile wallets and they are imtoken ana trust wallets.
imtoken 2.0: The reason why I love this wallet is purely sentimental, it's my first ethereum mobile wallet and I came to love that wallet because of it's reliability so when they upgraded to imtoken 2.0, I decided to give a try and I loved it too because it's very convenient, I could use a single wallet to store all my major coins, Bitcoin, ethereum, EOS and more.

Trust Wallet: I tried this wallet on a friend's recommendation as I have to admit that it was love at first use, I love the fact that I could back up every of the wallet there across all chains with just a single back-up phrase.
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November 25, 2019, 08:18:00 AM
 #22

Has anyone tried using the latest version of Electrum for BitPay?

I had to use some old version because the recent one had issues registering with BitPay.

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November 28, 2019, 11:27:22 AM
Last edit: November 28, 2019, 12:30:13 PM by BITCOIN4X
 #23

I use ImToken as a bitcoin wallet on Android. Supports segwit and usage which is quite easy. But before that I have published a thread about several bitcoin wallets for Mobile/ Android and iOS. Never tried it one at a time, but i am sure some people have already tried it.

Read more: Bitcoin Wallet for Android and iOS Indonesian version.

I've never heard of imtoken 2.0 crypto wallet Shocked
Found its Twitter, looks like this wallet is not very popular...
read more here and find information: https://token.im/

You can try this app imToken and download here for android: https://play.google.com/store/apps/details?id=im.token.app

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Savemore
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November 28, 2019, 12:18:16 PM
 #24

I stop using electrum when it became a hot issue before where the hackers can crack the code and can hacked funds from the users. I use now coinbase and coins.ph where it suitable for me because I can easily access my funds and I can guarantee the safety of my funds there because both of them are both popular and have high security wallet.
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November 28, 2019, 12:50:57 PM
 #25

I stop using electrum when it became a hot issue before where the hackers can crack the code and can hacked funds from the users. I use now coinbase and coins.ph where it suitable for me because I can easily access my funds and I can guarantee the safety of my funds there because both of them are both popular and have high security wallet.
You have a big mistake because you are using a custodial wallet, which means that this is not decentralized and you are not own your private key. Electrum is totally safe and also Coinomi because these wallets allow you to keep your own private key and passwords.
Nice share OP but I just wanted to include Coinomi too.

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RapTarX (OP)
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November 28, 2019, 01:18:01 PM
 #26

I stop using electrum when it became a hot issue before where the hackers can crack the code and can hacked funds from the users.
Electrum was vulnerable sometime ago before the 3.3.4, hackers were able to send fake update notification & if someone fall into that trap, they will lose their BTC. I guess it's not much fault from Electrum side, it's your fault that you couldn't use the software perfectly. I guess Electrum is one of the best wallet.

I just wanted to include Coinomi too.
I would include coinomi as well if it was bitcoin only wallet. As far as I know it's a multicrypto wallet.

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November 30, 2019, 07:01:15 AM
 #27

I stop using electrum when it became a hot issue before where the hackers can crack the code and can hacked funds from the users.
Electrum was vulnerable sometime ago before the 3.3.4, hackers were able to send fake update notification & if someone fall into that trap, they will lose their BTC. I guess it's not much fault from Electrum side, it's your fault that you couldn't use the software perfectly. I guess Electrum is one of the best wallet.

I just wanted to include Coinomi too.
I would include coinomi as well if it was bitcoin only wallet. As far as I know it's a multicrypto wallet.
A thread was created before about electrum that became vulnerable to hackers. I remember that it is important message for the users because their funds are in danger. But now electrum is now safe because they updated their system and I using it now in terms of storing my bitcoins. But it still preferable to use hardware wallet after all.
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December 20, 2019, 07:50:39 AM
 #28

Well, I'm not pleased with the rating you gave Mycelium wallet, why give it a 5? It's one of the most secured wallet out there. It also have a feature to exchange your coin, though I haven't tried it yet.
You get 3 different addresses upon creating your wallet, the native segwit, nested segwit and the legacy wallet address. Also, you can use hardware wallet on it.
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December 20, 2019, 10:27:11 AM
 #29

Well, I'm not pleased with the rating you gave Mycelium wallet, why give it a 5? It's one of the most secured wallet out there. It also have a feature to exchange your coin, though I haven't tried it yet.
You get 3 different addresses upon creating your wallet, the native segwit, nested segwit and the legacy wallet address. Also, you can use hardware wallet on it.
It’s really not. Just the fact that Mycelium android/iOS app hasn’t been updated on years, it makes it a bad an insecure wallet. There are far way better options which are not negligenced by their devs.

Samourai for android, for example.

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December 25, 2019, 12:53:32 PM
 #30

It’s really not. Just the fact that Mycelium android/iOS app hasn’t been updated on years, it makes it a bad an insecure wallet.

Mycelium (android) has been updated on 23.12.2019. I know that this was 3 days after your post, but the update before that day was the 12.12.2019, roughly 1 week before your post.

Mycelium is neither outdated nor insecure in any way.

Might want to elaborate what exactly makes it an insecure wallet? Any vulnerabilities? Any flaw in their concept?
Anything which actually makes one believe that this wallet is less secure than other open source mobile wallets? I don't see anything indicating this.

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December 26, 2019, 03:27:49 PM
 #31

Might want to elaborate what exactly makes it an insecure wallet?
I read a while back that Mycelium stores the seed unencrypted. On a rooted phone it can easily be accessed.
I'm not sure if they still do this, but a 6-digit pin isn't enough to protect it against brute-forcing anyway.

I use Mycelium, but only for small amounts in case I ever pass a place where I can buy a beer or coffee with Bitcoin. After all, I consider a mobile device to be insecure by default.

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December 27, 2019, 09:38:19 AM
 #32

Please have a look at the below wallets also:
  • Copay
  • Enjin
  • Airbitz
  • Jaxx
  • Bitpay

People do say that Enjin is like hardware wallet in phone.

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December 27, 2019, 12:10:55 PM
Merited by DdmrDdmr (1), RapTarX (1)
 #33

People do say that Enjin is like hardware wallet in phone.
That's quite a statement, so I got curious:
Enjin.io doesn't give much information, but shows mostly cool-looking pictures and an instant "Download Now" link and a signup link without saying what it really is. The entire website screams "ICO", and indeed, they raised tens of millions of dollars at the peak of the ICO-hype.
So who are those "People" who "say that Enjin is like hardware wallet in phone"? It's Enin themselves! Please don't post marketing slogans as if it's true.
But wait, they also have Proven Security, including "An extensive independent security audit and penetration test found no security issues". So what does the Report say:
Quote
We did not cover any attacks that assume the Android OS or the hardware/firmware of the platform is compromised.
Now read that again, because that's where I stopped reading the report! In short: If your device is secure, you're good to go. That's nothing like a hardware wallet, which is supposed to protect you from software threats.

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December 29, 2019, 03:35:13 AM
 #34

Might want to elaborate what exactly makes it an insecure wallet?
...but a 6-digit pin isn't enough to protect it against brute-forcing anyway.

Never used electrum, but if it locks access to wallet after certain number of incorrect attempts, 6 digit pin is enough.

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December 29, 2019, 09:09:53 PM
 #35

Never used electrum, but if it locks access to wallet after certain number of incorrect attempts, 6 digit pin is enough.
Locking a wallet doesn't stop at attacker from brute-forcing it. It's open source, he could simply edit the source if there's anything in there that stops him from trying one million times. Or, more likely,. he's just use or create another piece of software that tries one million codes in a few seconds.

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