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Author Topic: Mobile wallet - Comfort vs Security ?  (Read 4946 times)

Offline Herry

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Mobile wallet - Comfort vs Security ?
« on: October 19, 2020, 06:50:54 AM »
I think mobile wallets are very easy and comfortable to use. They allow you a very fast and convenient way to access your coins, since most people carry their mobile device with them anyway. On the downside, mobile wallets are the least secure form of Bitcoin wallets. When downloading an Android wallet for Bitcoin this means that the private key will be stored on your mobile device. And if the device goes missing, so does the private key.

 

I think the biggest problem when using a mobile wallet is in case your device gets stolen. In such a case, an experienced hacker might gain access to your coins quicker than you will be able to recover them.

 

So, what do you think about comfort vs security while using mobile wallet?
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Mobile wallet - Comfort vs Security ?
« on: October 19, 2020, 06:50:54 AM »

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Offline Blaze

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Re: Mobile wallet - Comfort vs Security ?
« Reply #1 on: October 19, 2020, 01:38:07 PM »
I think mobile wallets are very easy and comfortable to use. They allow you a very fast and convenient way to access your coins, since most people carry their mobile device with them anyway. On the downside, mobile wallets are the least secure form of Bitcoin wallets. When downloading an Android wallet for Bitcoin this means that the private key will be stored on your mobile device. And if the device goes missing, so does the private key.

 

I think the biggest problem when using a mobile wallet is in case your device gets stolen. In such a case, an experienced hacker might gain access to your coins quicker than you will be able to recover them.


 

So, what do you think about comfort vs security while using mobile wallet?
well i agree with what you say, it's like myetherwallet wallet, while for mobile wallets I use a trust wallet.

Offline KKH84

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Re: Mobile wallet - Comfort vs Security ?
« Reply #2 on: October 20, 2020, 03:51:52 PM »
You are right, the convenience of a wallet to store crypto on a smartphone and I am an android user, I use some kind of code to open certain applications and I use that for my crypto wallet application.

Offline Coin63@

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Re: Mobile wallet - Comfort vs Security ?
« Reply #3 on: October 20, 2020, 05:29:36 PM »
Obviously mobile phones wallets have security and comfortable. You can easily use trust Wallet which already 50 million users and myetherwallet Android devices apps which has 24 phase word security systems.

Offline Blaze

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Re: Mobile wallet - Comfort vs Security ?
« Reply #4 on: October 21, 2020, 03:20:21 PM »
Obviously mobile phones wallets have security and comfortable. You can easily use trust Wallet which already 50 million users and myetherwallet Android devices apps which has 24 phase word security systems.
well I totally agree with what you say, trust wallets can be a good choice for mobile wallets.

Offline edmundo

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Re: Mobile wallet - Comfort vs Security ?
« Reply #5 on: October 27, 2020, 07:18:57 PM »
One of the most important advantages of mobile wallets is security and flexibility. With security integrated into a mobile wallet it becomes way easy to trust such a wallet and feel highly confident in the security of your funds and assets. Also, the flexibility of any mobile wallet ensures such a wallet can not only hold multiple assets but also perform multiple functions at the same time. Thankfully, most wallets these days are being built with focus on these two important features.
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Re: Mobile wallet - Comfort vs Security ?
« Reply #6 on: October 27, 2020, 09:59:27 PM »
I think it's better if we have a back up private key before we install the wallet application on the android or smartphone we use. because if we lose the Andrid we still have a back up for our wallet.
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Re: Mobile wallet - Comfort vs Security ?
« Reply #6 on: October 27, 2020, 09:59:27 PM »



Offline Gubre

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Re: Mobile wallet - Comfort vs Security ?
« Reply #8 on: October 31, 2020, 03:04:14 AM »
In my opinion you will never have comfort without security. We are talking about the fund of every individual using crypto Wallet and we all know how scammers and hackers are good in their own way. Therefore weather it is a mobile wallet or not as long as it is not secure you will never have comfort that is why right from the beginning you make sure that you are using a secure system.

Offline lepbagong

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Re: Mobile wallet - Comfort vs Security ?
« Reply #9 on: October 31, 2020, 10:47:52 AM »
I think it's better to use a mobile wallet because with that we can all secure assets in our hands.
I make sure that it is more prone to use car wallets because most scams can be smuggled through social media which we always use on our cellphones. Besides specifically providing mobile phones for crypto needs, it can be more secure. combined with the daily use of telecommunications necessities is clearly more dangerous.
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Offline lepbagong

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Re: Mobile wallet - Comfort vs Security ?
« Reply #10 on: October 31, 2020, 10:56:09 AM »
In my opinion you will never have comfort without security. We are talking about the fund of every individual using crypto Wallet and we all know how scammers and hackers are good in their own way. Therefore weather it is a mobile wallet or not as long as it is not secure you will never have comfort that is why right from the beginning you make sure that you are using a secure system.
actually the security of the wallet depends on how we can do the best safeguard so that no one tries to steal from our ignorance and unpreparedness to reveal so that no break-in occurs. usually because we don't want to try to ensure that this doesn't happen, by doing the very thing that is determined in the security of the wallet. it costs more if you really want to be sure it's safe, or you can afford to avoid self-made carelessness.
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Re: Mobile wallet - Comfort vs Security ?
« Reply #11 on: October 31, 2020, 11:45:13 PM »
Well yeah, a Mobile wallet is a comfortable wallet to be used because it can be managed everytime without spending time again to open the laptop. But about the security, it will be risky if sometimes our device is lost and people can track the key and get our funds. here, I always prefer to use a desktop wallet such as electrum

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Re: Mobile wallet - Comfort vs Security ?
« Reply #12 on: October 31, 2020, 11:54:56 PM »
I rarely use mobile wallets, I think desktop wallets much better. In my opinion, security is always the priority to choose the place keeping our crypto assets. I don't say comfort isn't important but the priority should be security first before the other considerations.
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Offline Arendra

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Re: Mobile wallet - Comfort vs Security ?
« Reply #13 on: November 01, 2020, 02:11:53 AM »
Having a mobile wallet gives you a sense of comfort because you don't have to carry large amounts of cash everywhere. and also safer from robbery. However, there is a danger if you cannot protect the mobile wallet. because hackers must also exist. So continuing to be careful is an option. Both have the same risk of being lost.
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Offline TomPluz

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Re: Mobile wallet - Comfort vs Security ?
« Reply #14 on: November 01, 2020, 04:59:14 AM »

Mobile wallets for cryptocurrencies are going to be helping this industry get into the mainstream. People are desiring convenience and easy access which mobile wallets are providing in an instant -- at our fingertips, as they are saying. However, security is always paramount as convenience can be nothing if the mobile wallet is not secured. There should be a way to protect one's wallet when the mobile device is lost or stolen. And I think there are now some wallets who are both working on these two basic features -- convenience and security not compromising one over the other.

 

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