Yup, I guess litecoin your use case for mobile wallets is as trivial pocket cash, then Breadwallet's security becomes tutorial. I'm not knocking Breadwallet--I think it's a great one too. What is the best Bitcoin wallet for iOS and why? Mar 2, at A Trezor has one big security advantage over a paper wallet when you redeem the wallet, you type or scan the key with a wallet insecure device, and if an attacker then spends the tutorial faster iphone you, or changes the target address, you have a problem. Having worked iphone with a paper wallet with BTC, I'm not sure how it would work. Litecoin actually only made one critical wallet mistake.
Always a pleasure and thanks for the response! Want to add to the discussion? Sites found to be spamming will be blacklisted. As it turns out the bug with Mycelium was a screw up on Apple's side. Please let us know if you have any feedback as we are always looking to improve. How Does Ethereum Work?
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BTC Miner iphone support multiple pools simultaneously. Contact email contact loafwallet. I have been loyal to Apple for a very long time but am seriously considering going to Android because of their spineless bullshit they litecoin pulling with bitcoin wallet apps. New merchants tutorial welcome to announce their services for Bitcoin, but after those have been announced they are no longer news wallet should not be re-posted. It's possible that a rogue developer could cause a lot of problems for their users. Jun 16, at
Hive, a Bitcoin and Litecoin wallet for iPhone and iPad now available! A native QR code scanner is on board, too. Blockchain saw its original iOS wallet taken down by Apple in February. Coinbase still has not returned to the App Store, but has approved an unofficial app that launched late in June. The leader in blockchain news, CoinDesk is an independent media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies.
Have breaking news or a story tip to send to our journalists? Contact us at news coindesk. Mar 20, at Jun 16, at May 14, at Bitcoin services specialist Coinbase has updated its iOS and Android apps to enable new users to sign up for an account through mobile devices.
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This is in contrast to the "clean simplicity" and "Zen feeling" I get looking at and using Breadwallet. If Airbitz could change in this respect, I'd be much more willing to give it a try.
With respect to man in the middle attacks, Airbitz users are pretty much immune to them. All information that is saved on the phone or sent over the network is first hashed or encrypted. Our servers do not store anything in clear text and the application does not transmit anything in clear text.
We assume a fully compromised network in our security architecture. But to prevent a compromised communications channel, we also implement certificate pinning to know that the application is talking specifically to our servers.
Phishing attacks are also near useless. Airbitz does not have a website for wallet access, and users never enter their username or password into anything but the mobile application. In addition, we do not send two factor verification to users email address. An attacker can create a phishing attack to random email addresses, but it would be an obvious attack since users are not accustomed to logging into a website to access their wallet.
Our one-touch 2FA also makes it near impossible to gain access to an account from an attacker's device even if they have a user's username and password. It basically implements Google Authenticator built into the app with time-based, tokenized, One Time Passwords. Malware on the phone is a difficult attack to thwart.
We cannot prevent all forms of malware attack, but one thing that we do is prevent any private keys from being saved on the device unencrypted. Unencrypted keys only live in the temporary memory of the application. Malware that looks for sensitive information saved on storage will only find fully encrypted keys. Here is a great video that was recently done from a third-party auditing our security architecture.
With respect to our UI design, have you tried our latest releases since late February? We have cleaned up and simplified the design and have received very positive feedback on it. Know that there is a tremendous amount of functionality built into the wallet so we do our best to balance simple user experience with functionality that makes for an easier to use experience.
We are always open to hearing specific feedback on how to improve the user experience without compromising the functionality. I just don't love the recent updates that show your tx without a pin.
Would rather remove the Touch ID and have a pin for everything. Or at least Touch ID to get into tx. Current version feels a little exposed. The original idea was to make it quick to check recent transaction status, but the update coming out soon with internationalization will only show transactions with fewer than 6 confirmations without unlocking.
My own list of wallets web, Android, iOs https: I don't mean to criticize, but as a warning to other users, your comparison does not do justice in terms of properly comparing the relevant aspects of the various wallets. UX is at least as important as security. No one cares about unusable super secure products that only appeal to a handful of crypto geeks.
You're right, but there are currently options that combine high security with great UX. Breadwallet is a super secure iOS wallet, yet it's simultaneously extremely simple and easy to use. In fact, it's miles ahead of most other iOS wallets and by default, ahead of all web and desktop wallets in the security and UX departments, a fact that is obscured by OP's poor wallet comparison hence my criticism.
Depending on the amount you want to get I am not convinced you schould activate TouchID unless you set a spending limit with it I think you can. Your fingerprints are all over the phone and people have shown how easy it is to use these. On the other hand, the problem is probably mostly theoretical for the amount you'll put on the phone. I have faith in TouchID being secure, I'd like to see somebody try and bypass it with a sweaty fingerprint from my screen protector bear in mind the sensor requires a pulse.
Haven't you seen enough threads on Reddit by now, of blockchain. Other than the one flawed update that was fixed and only affected users who generated keys during that small window where these losses due to some insecurity in the blockchain wallet? Or due to user error? Please point me to a thread where it was due to the blockchain wallet and not user error.
Finally, as I said, this is like my checking account. The bulk is held in paper wallets generated using an air gaped computer. While I have considered getting a trezor I'm not sure it is really needed for an individual. I did not include Bitcoin Core in my comparison; Bitcoin Core is actually a desktop wallet, and desktop operating systems are inherently less secure and harder to truly make secure than mobile operating systems, like iOS 8, that exist on hardware-encrypted devices with a 'secure element' security chip, like iPhone.
What it comes down to is that there are clearly better choices in iOS wallets, so I can't bother to mess around with wallets that: Mycelium has a cleaner interface so that's my 1.
Although currently unavailable in app store. Hopefully will be back soon. They released for iOS end of last year. I have it on my iphone. But was pulled a couple weeks ago because of a nasty bug in their touchID update http: Which is a shame because I think it's the best. I've tried them all. Not sure why no one else here's mentioned it. As far as I know, Mycelium for iOS uses a completely different codebase similar only in name from Mycelium for Android.
Breadwallet and Airbitz have. Last but not least, the fact that an update for Mycelium for iOS was released with a bug as nasty as that one reflects apparently inadequate testing, which kinda destroys its credibility. First I agree it's a huge blemish on Mycelium's part to release something with bugs--obviously the bugs are device specific and didn't occur on the developers phones, but yes they should have tested on a full range of devices.
However users should still have the backup seed to recover their funds on a computer. If they don't, then they're putting too much faith in their mobile wallets. The best mobile wallet can't protect against a lost phone. My philosophy is that mobile wallets should be like pocket cash. For this Mycelium wins for me. Breadwallet enforces too much security which makes it cumbersome for me personally. For instance, they require you have a pin lock on your phone.
This is a non-starter for me, because I prefer to keep my phone unlocked. They require you write your backup seed first before using which I can't argue with, but I like Mycelium's approach more because when I want to demonstrate bitcoin to a new user, writing the seed down first kills the demo.
To your point about iOS being totally different from Android I don't know, but they're still the same company. Yup, I guess if your use case for mobile wallets is as trivial pocket cash, then Breadwallet's security becomes overkill. Hopefully you would store larger amounts of bitcoins via a truly higher-security method, though? So, not web wallets or desktop wallets or even paper wallets which have much room for error , but rather hardware wallets Ledger, Trezor. Any links to paper wallet errors?
Is it generally accepted that a hardware wallet is more secure than a paper wallet? A Trezor has one big security advantage over a paper wallet when you redeem the wallet, you type or scan the key with a potentially insecure device, and if an attacker then spends the coins faster then you, or changes the target address, you have a problem.
Trezor does not give out the key, just a signed transaction. So, basically, it is the wallet you are importing it into where the issue lies, correct?
I expect sweeping a paper wallet with breadwallet is extremely secure. Given breadwallet is actually as secure as it seems to be. Yes, imho paper is fine and I would trust mycelium on my android for quite some amounts anyway. But if I had tens of thousands of dollars to move around I would definitely invest some extra time and money to close some more potential security holes, no matter how small. That said, I am in the comfortable position to have a Trezor and Ledger at hand, despite not having lots of coins, so I can pay around anyway.
Actually with breadwallets requirement on a pin and it's wiping of the wallets after 5 or 8 or whatever misentered pins, which takes almost 24 hours to do is actually pretty good protection against a lost phone. Oh, well never mind. If your not even locking your phone you're just asking for trouble. You want to be using iOS 8 with at least a 4 digit pin so all your data is encrypted.
Even better is using iPhone 5S or better with a non-simple passcode and then using touch id. The nice thing about bitcoin is it allows you to have pocket cash without having to worry about it being easily lost or stolen. It's like cash with a padlock. I'm not knocking Breadwallet--I think it's a great one too. I just like Mycelium more. My comment about the lost phone was about needing to write a backup seed no matter what. As it turns out the bug with Mycelium was a screw up on Apple's side.
The bug wasn't device specific. There was no bug in the code. The problem happened due to Apple screwing up security configurations when the app was submitted to the AppStore, which locked out access to secure storage on the device.