0

I've used wallets that give a seed phrase, but don't ask for a password to send coins (signing a transaction). I can't imagine they encrypt with the seed phrase since you don't ever re-enter the seed phrase to send a tx (only to restore an account on another device). I also can't imagine they would store the private keys in plaintext on the device.

So how does the mobile wallet access the private keys to sign your transaction when you send coins?

1 Answer 1

1

Since the wallet doesn't ask you for your seed phrase every time you need to sign a transaction, the logical conclusion is that it is indeed storing your private keys. The specific method and security measures might vary between apps and operating systems, but one such method is the Android Keystore.

Your Answer

By clicking “Post Your Answer”, you agree to our terms of service and acknowledge you have read our privacy policy.

Not the answer you're looking for? Browse other questions tagged or ask your own question.