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51 sats \ 6 replies \ @Scoresby OP 10h \ parent \ on: Cake Wallet's Free 'Cupcake' App Transforms Old Smartphones Into Hardware Wallet bitcoin
Well, that's exactly what I'm thinking. I don't need a hardware signer that keeps three letter agencies from taking my bitcoin -- they can take much more than that if they want -- I'm just interested in keeping some sats secure from your average thief...and a big part of that is not getting included in a data breach of people who have paid hundreds of dollars for a device that is specifically made for securing large amounts of bitcoin.
Yep, and our shared outlook on that would put all HWW vendors out of business if everyone was as lucid. They sell largely on virtue signal and naivete.
If we exclude the NSA et-al from our threat model then running Bitcoin on a clean Linux or BSD install within a militarized network zone wins simply on the commodity footprint.
HWW's add risk to that by removing the benefit of obscurity, and additional software to use them creates vectors beyond what might already exist in operating systems and Bitcoin itself.
Using phones as commodity hardware per Cupcake:
eliminating shipping and supply-chain risks
Yes, I like this and its better than a purpose-built HWW (ignoring the inherent supply chain risk since its commoditized)
a mobile application
Not good, this adds footprint, particularly in an iOS setting where afaik you're not able to actually verify what you're running.
Also phones are not durable and easily misplaced, which highlights that it's solving the wrong problem that is the root of most lost coin: People putting seeds in stupid places either in terms of backup or recovery.
There's good solutions and simple solutions, phone signers feel like the worst of both.
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There's good solutions and simple solutions, phone signers feel like the worst of both.
Nice summary. It is too bad though because phones have a power source, a processor, memory and a camera or nfc, so they have all the tools you might need to be a hardware signer. It's just a bummer they are so owned by the google and apple.
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What, are you too cool for a Huawei phone? ;)
google and apple
Again this is fine if we're not concerned with the NSA stealing our coin, but privacy larps that use Cake/Monero would shit a kitten to know they're broadcasting telemetry that is not protected by Pandora's box.
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My first thought whilst reading this whole Thread was... Hey... That p40 sitting in a drawer might have found itself a new usage.
But I recognise the risks.
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At first I interpreted that as the handgun model like bro it'll be ok
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I actually assumed that Huawei's ran android, but upon looking it up just now, I learn that they run HarmonyOS. So I guess there are three stock OS options out there.
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