Quote from: Godstrength on May 27, 2019, 08:20:41 AM

Quote from: Jessica Lee on May 10, 2019, 01:17:13 AM

Anyone who use mobile wallets?
I think it is very dangerous.

not really. I'm currently using Coolwallet, a hardware wallet which provides a 2 factor auth. So the only time your funds are at risk is if, they have your phone, and they have the card itself + your fingerprint. Comparing that to other desktop wallets which I find more dangerous. Even one of the upcoming projects partnered with them to make their own hardware wallet in where the users can store their digital collectibles together with other major coins. Though mobile wallets are still okay, Trust and Eidoo are good.

I've been using hardware Ledger Nano S wallet for 2 years. Used to think it's the most convenient and secure wallet in the cryptocurrency market now (24-word seed phrase for a back-up, for instance, and keeping a private key in the encrypted part of the wallet) since they obtained a Certification de Sécurité de Premier Niveau (First Level Security Certificate), until I decided to update the version of the firmware from 1.3.1 to 1.8.0 in order to use more than 5 currencies simultaneously (I'm an active trader). The updation process is stuck. I can't use my wallet anymore. It turned out to be a common issue. The Ledger team could at least leave a warning note about this challenge in the account of a desktop version in order to avoid this difficulty in the future. As far as I understand, it's not workable anymore, as those ways undertaken to tackle the issue (based on their advice and users' help) completely failed.

Now, I have to use a Coinomi wallet, since they support BIP32 layout for 24-word seed phrase for the recovery. It's inconvenient and doesn't have a user-friendly interface for customers though.

I would like to continue using my Ledger wallet, but I'm not ready to give them another $100-150. It's a disaster.

Totally devastated. Sad

3x1t

Posts

Merits