Phones are better to store cryptocurrencies!!

[harshilpugalia]

A report released by Samsung Insights previously emphasized that mobile devices are typically more secure in storing cryptocurrencies due to the presence of a Trusted Execution Environment (TEE).

On PCs or desktops, private keys to wallet addresses are stored in the same memory as the operating system. As such, in an event of a hacking attack, a hacker could easily gain access to the data.

Joel Snyder at Samsung Insights explained: 

If a wallet stores the private keys on a normal persistent store (such as a hard disk or SSD), whether on a standard Windows PC or in a smartphone, a bit of malware can easily get access to them. If those private keys are in the TEE and only accessible via a trustlet, there’s no possible way the malware can extract the keys directly.

[akshiit]

thank you for the info

[samkit102]

informative bro🔥

[Striker1]

thankyou for sharing this.

[amitsinha]

its nice

[shalanidubey]

nice post

[ajaysharma01]

wow super