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Author Topic: Samsung S10 crypto wallet  (Read 1227 times)
gentlemand (OP)
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May 04, 2019, 12:18:41 AM
 #61

So presumably several million S10s have been sold now. Not one person here has mentioned using it. There are virtually no articles about it. Looks like it's been a monster nothingburger. Being non BTC and possibly Korea only won't help of course. I still can't figure out whether it's been made unavailable to certain markets or not. All in all a damp squib.
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May 29, 2019, 02:29:43 AM
 #62

How could be it secured? I'm just ask if Samsung brand produced by korea could be invulnerable to the hackers but it seems it's a great steps on some big company on trust to bitcoin and i hope others big company could create something bigger on that idea.
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May 29, 2019, 08:49:35 AM
 #63

How could be it secured?
It is no more or less secure than any other software wallet out there. It mainly depends on the user controlling the device. The end-user needs to take the necessary steps to secure his wallet, not Samsung.

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May 29, 2019, 12:21:57 PM
 #64

How could be it secured? I'm just ask if Samsung brand produced by korea could be invulnerable to the hackers but it seems it's a great steps on some big company on trust to bitcoin and i hope others big company could create something bigger on that idea.

It seems like their in-built wallet makes use of a system they call Samsung Knox [1], which secures private keys by managing application privileges [2] and ensuring the integrity of said application privileges by verifying the boot process on the hardware level [3]. So to my understanding while private keys are probably encrypted they are not stored in a secure hardware element as is the case with common hardware wallets such as the Trezor or Ledger. Samsung Knox's track record is not exactly splendid [4][5] but I guess we'll see in the next few months whether they have brought their shit together.

[1] https://www.coindesk.com/samsung-galaxy-s10-includes-private-crypto-key-storage
[2] https://developer.samsung.com/tech-insights/pay/device-side-security
[3] https://en.wikipedia.org/wiki/Samsung_Knox
[4] https://blog.securegroup.com/why-samsung-knox-hardly-has-anything-to-do-with-security
[5] https://www.tomsguide.com/us/samsung-knox-lock-hack,news-30062.html

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