Noob here. I have some question regarding the security of

Question

Noob here. I have some question regarding the security of

celo's mobile wallet initiative. On a mobile, the phone number becomes the address. Since we dont need to use a hardware ledger, how secured is celo's mobile wallet? If it stores key phrase in the mobile phone, isn't it very risky?

#celo #cryptocurrency #english

0

15.10.2021

3 ответов

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Jake Man Автор вопроса

so how does authentication happen? what's the equivalent of password on my phone? say I am going to send some money to another phone number. What info do I provide to authenticate?

0

15.10.2021

Jake Man Автор вопроса

Arrow | Celo | I will never PM you first
To complete a transaction you will only require a ...

so if some one steals my phone, I can loose all my money in my wallet?

0

15.10.2021

Arrow | Celo | I will never PM you first · Accepted Answer

Arrow | Celo | I will never PM you first

Jake Man
so how does authentication happen? what's the eq...

To complete a transaction you will only require a person's Celo wallet address or if the receiver also uses Valora wallet, you can use phone number as an address

0

15.10.2021

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