ivomm
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All good things to those who wait
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February 23, 2019, 02:01:14 PM |
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Anybody here getting one? But what do you do about your private keys if you lose your phone? According to the T&Cs, the private keys stored in the S10’s Keystore are backed up in a personal account provided by Samsung. If the phone is lost or stolen, users can access the device and delete the private key through its Find My Mobile service. Further, if a private key is accidentally deleted, users can restore it via the service. Centralizing key storage in this way is bound to raise questions about security and it remains to be seen what would happen if someone gained access to your Find My Mobile service and if Samsung might provide further protections. ....... In other words, keys are stored in a cloud that potentially can be hacked. I wouldn't use it as a replacement of a HW of course. May be just for micro payments. Anyway, this is good news in terms of mass adoption. Next step is to be able to buy directly in Google Play or Apple Store with Bitcoins and ETH.
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JayJuanGee
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Self-Custody is a right. Say no to "non-custodial"
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February 23, 2019, 02:03:14 PM |
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The other day when JJG advocated for glassed on Rocket Racoon it must have planted a subliminal suggestion in my mind... or something. Anyway, whatever it was manifested itself tonight in the form of an upgrade.  Avatar-sized  If you like. It changes the nuance of the avatar a bit.. kind of tones down the flamboyant and causes a kind of more technically nerdy... ... O.k... sure... I will try it out for a while... and see if it feels comfortable. Thanks, xhomer. What a thoroughly graceless response. Just you wait till Thursday. edit i see you went banging on about it a bit further on. still, grace-less You go girl!!!!!
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bitserve
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February 23, 2019, 02:04:55 PM |
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^ If you can afford a $1K phone you sure can store on it $1K. If the cloud was hacked you would probably be compensated. It would be shitshow not only for Samsung but for us. That being said, the wallet probably has additional encryption layers so even if you get access to the backup you still can't access the plaintext of it. And even if they don't have that right now (remember they are innovating here) that's something that could be added later.
I would not store my whole stash there. Same as I wouldn't go to the bank withdraw all my fiat and carry it on my pocket wallet.
I don't see any problem in storing any amount between $50 to $1K, depending on your needs. Maybe even way more if you are fucking rich. Just an amount you could afford to lose without jumping off a bridge.
It's great news no matter what. An amazing milestone for mainstream adoption.
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bitcoinPsycho
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Activity: 2870
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$130000 next target Confirmed
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February 23, 2019, 02:06:32 PM |
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Anybody here getting one? But what do you do about your private keys if you lose your phone? According to the T&Cs, the private keys stored in the S10’s Keystore are backed up in a personal account provided by Samsung. If the phone is lost or stolen, users can access the device and delete the private key through its Find My Mobile service. Further, if a private key is accidentally deleted, users can restore it via the service. Centralizing key storage in this way is bound to raise questions about security and it remains to be seen what would happen if someone gained access to your Find My Mobile service and if Samsung might provide further protections. ....... In other words, keys are stored in a cloud that potentially can be hacked. I wouldn't use it as a replacement of a HW of course. May be just for micro payments. Anyway, this is good news in terms of mass adoption. Next step is to be able to buy directly in Google Play or Apple Store with Bitcoins and ETH. best store only small amount for day to day use of course
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mindrust
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February 23, 2019, 02:16:28 PM |
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I don't see any problem in storing any amount between $50 to $1K, depending on your needs.
If you aren't going to store big amounts, it doesn't make sense to make a crypto enabled phone in the first place. If you aren't going to store more than a thousand dollars, an Iphone or a random Android phone with "green address" app just do the same thing already. Anyway, this is a good advertisement for both samsung and crypto and any attention we get is good. That's how I look at it.
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lightfoot
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I fix broken miners. And make holes in teeth :-)
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February 23, 2019, 02:26:40 PM |
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^^Might get one on principle. Samsung supporting the cause for mainstream adoption gets my attention. Go bitcoin go  But, but.... 0.3BTC?!?! And it's not even an iPhone! No, really, I appreciate they being innovators at including that feature for mainstream adoption. Every *Android* user that can afford to get one, should. I don't know: I remember spending .3btc on a bunch of towels. As for Apple, why would I ever trust anything to a closed source system like that?
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bitserve
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February 23, 2019, 02:30:36 PM |
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^^Might get one on principle. Samsung supporting the cause for mainstream adoption gets my attention. Go bitcoin go  But, but.... 0.3BTC?!?! And it's not even an iPhone! No, really, I appreciate they being innovators at including that feature for mainstream adoption. Every *Android* user that can afford to get one, should. I don't know: I remember spending .3btc on a bunch of towels. As for Apple, why would I ever trust anything to a closed source system like that? Yeah, ok, but .3 then is not the same as .3 now  About the second question.... because the ball (and responsibility), would be in their field instead of mine for once. Anyway, my preference for iOS as a smartphone OS doesn't make me not appreciate the innovation Samsung is doing there. My kudos to them.
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bitcoinPsycho
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$130000 next target Confirmed
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February 23, 2019, 02:30:53 PM |
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^^Might get one on principle. Samsung supporting the cause for mainstream adoption gets my attention. Go bitcoin go  But, but.... 0.3BTC?!?! And it's not even an iPhone! No, really, I appreciate they being innovators at including that feature for mainstream adoption. Every *Android* user that can afford to get one, should. I don't know: I remember spending .3btc on a bunch of towels. As for Apple, why would I ever trust anything to a closed source system like that? You should not because you cannot trust closed source period
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bitserve
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Self made HODLER ✓
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February 23, 2019, 02:33:26 PM |
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^^Might get one on principle. Samsung supporting the cause for mainstream adoption gets my attention. Go bitcoin go  But, but.... 0.3BTC?!?! And it's not even an iPhone! No, really, I appreciate they being innovators at including that feature for mainstream adoption. Every *Android* user that can afford to get one, should. I don't know: I remember spending .3btc on a bunch of towels. As for Apple, why would I ever trust anything to a closed source system like that? You should not because you cannot trust closed source period You should not even trust open source.
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El duderino_
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“They have no clue”
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February 23, 2019, 02:35:59 PM |
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^^Might get one on principle. Samsung supporting the cause for mainstream adoption gets my attention. Go bitcoin go  But, but.... 0.3BTC?!?! And it's not even an iPhone! No, really, I appreciate they being innovators at including that feature for mainstream adoption. Every *Android* user that can afford to get one, should. I don't know: I remember spending .3btc on a bunch of towels. As for Apple, why would I ever trust anything to a closed source system like that? Mmmm Gucci and Versace towels and stuff 
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El duderino_
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“They have no clue”
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February 23, 2019, 02:39:28 PM |
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Sun is shining, BTC growing up @3930, 2-3 hours till my first drinks etc
What more to wish for
Its weekend go out and have Some Fun boys
Hope everyone is doing good in here
Pre-CHEERS already
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StartupAnalyst
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Crypto Casino & Sportsbook
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February 23, 2019, 02:43:58 PM Merited by JayJuanGee (1) |
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Hello WO`s! As the saying goes: a bear market is the best time to BUIDL. 
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BitcoinGirl.Club
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The voice of the community w/o a gang
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February 23, 2019, 02:55:40 PM Last edit: May 15, 2023, 01:23:16 PM by BitcoinGirl.Club |
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 Just woke up half an hour ago. Suppose to be afternoon though.
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bitserve
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February 23, 2019, 03:00:15 PM |
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INB4 JP Morgan asks for it.... Fortunately it wouldn't be the "trust chain" if it would be passed to them.
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LFC_Bitcoin
Diamond Hands
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#1 VIP Crypto Casino
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February 23, 2019, 03:03:16 PM |
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lightfoot
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I fix broken miners. And make holes in teeth :-)
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February 23, 2019, 03:05:11 PM |
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Samsung's thing looks kind of neat. Probably won't hold up to an ion mill, but that's a level of attack most people can't launch. Hm....
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xhomerx10
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February 23, 2019, 03:05:38 PM |
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How many Big Macs can Big MicG flip in a day? Sounds like a WO challenge in the making.
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LFC_Bitcoin
Diamond Hands
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#1 VIP Crypto Casino
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February 23, 2019, 03:06:21 PM |
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How many Big Macs can Big MicG flip in a day? Sounds like a WO challenge in the making. Next micG competition?
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