Post
Topic
Board Bitcoin Discussion
Re: Samsung: Smartphones are the Most Secure Device When Using Cryptocurrency
by
mk4
on 28/07/2018, 04:25:02 UTC
Snyder explained:

“This is why smartphones have an edge over laptops and desktops for cryptocurrency wallets: without the benefits of the hardware-based TEE, the keys are more vulnerable. There is a significant caveat: a naïve wallet developer might choose to simply store the keys on the normal internal storage of the phone, in which case there’s little additional protection from using the smartphone platform. Or the wallet itself might be malware, in which case all bets are off. But with the right wallet leveraging the benefits of smartphone TEE, there’s no place safer to store your money.”

So how does samsung have the advantage, the right wallet can be installed on any smartphone?  Roll Eyes

The answer you're looking for is already in the statement you quoted. Maybe try reading it again. You can install certain wallets on pretty much any smartphone but it doesn't automatically mean it's secure. There's a lot more to information security than just the wallet app itself.