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So kind of like how Samsung and HTC are starting to integrate hardware wallets into the phones? Couldn’t you imagine a world where this starts trending cheaper
by whb07 7y ago
So kind of like how Samsung and HTC are starting to integrate hardware wallets into the phones?
Couldn’t you imagine a world where this starts trending cheaper and cheaper and soon becomes a commodity ?
- arcticbull 7y agoThe difference is a crypto wallet on your Samsung phone when lost or stolen makes you bankrupt where google pay wallets shrug it off.
- torgian 7y agoAnd has the potential of being tracked by said companies and service providers
- arcticbull 7y agoWhereas your crypto transactions are literally published on a digital distributed ledger for all to see including those self same companies. I thought the transparent, digital, decentralized public ledger was the big reason to use it? Further, I'd suggest you read up on NFC and tokenization, it's not true that the companies in question actually do get access to that information unless they have separate-from-the-technology arrangements with payment processors. In either case I'd rather be tracked than bankrupt.
- paulgerhardt 7y agoKong is radical in that it only stores keys on the secure element and only stores code in the EVM. Kong is a toy implementation of this idea, but I think it's a very powerful idea.