Post
Topic
Board Mycelium
Re: Mycelium Bitcoin Wallet
by
pm7
on 22/11/2014, 17:43:03 UTC
Quote
3.   NFC Pay tapping - 1 Tap = 1 Pay

Not possible. At least not with one tap. You need 1 tap to request the address and amount to send to, then the wallet signs, and then one more tap to send the signed transaction. The reason 1 Tap = 1 Pay works with credit cards is because it's the equivalent of tapping to give the merchant your private key, and then having them only pull out what they need.
Why to send signed transaction by NFC instead releasing it directly to Bitcoin network by smartphone's Internet connection?