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Learning & News => News related to Crypto => Topic started by: Goodcat49 on March 15, 2019, 07:31:51 PM

Title: Samsung Galaxy S10 Blockchain Wallet Supports Ethereum, not Bitcoin
Post by: Goodcat49 on March 15, 2019, 07:31:51 PM
The electronics bull, Samsung has officially declared that the blockchain and cryptocurrency wallet for its Galaxy S10 phone is at this time compatible only with Ethereum (ETH) and Ethereum-derived ERC20 coins. Bitcoin (BTC) and other major cryptocurrencies are not yet supported, regardless of the BTC logo surfacing on previous pre-release presentation pictures.

According to coverage, the wallet supports 4 dapps at takeoff viz. cryptocurrency gaming platform - Enjin, merchant payment payments service - CoinDuck, beauty community - Cosmee and cryptocurrency collectibles platform - CryptoKitties. Customers can conduct payments to merchants via the supported CoinDuck decentralized application (dapp).   

Samsung Offers Private Key Storage   
A user can only download the app from S10 smartphones found on Samsung Galaxy Store. The company revealed that it is considering to extend the service to several devices and tokens sooner or later. 

This event comes few weeks after the leading electronic conglomerate confirmed that it would provide private crypto private key storage on the S10 device, as reported by Coinidol. Later on, the company uncovered the first particulars of the storage solution - Blockchain Keystore – that seems to possess three key features viz. payments to merchants, crypto storage & transfers, and digital signatures.   

Through an official press release, Samsung said:   

“Galaxy S10 is built with defense-grade Samsung Knox, as well as a secure storage backed by hardware, which houses your private keys for blockchain-enabled mobile services.”

Read the details in the article of Coinidol dot com, the world blockchain news outlet: https://coinidol.com/galaxy-blockchain-wallet/

(https://coinidol.com/upload/resize_cache/iblock/3f5/900_900_1/3f5cea8bba9034a73a0b9e497512b338.png)