docs(security): add wallet security #29
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| 1. Let’s say you need a refund from a merchant you made payment to. Because of the lack of identification on bitcoin transactions, the merchant is going to need to confirm that you made that transaction. Hence they will request a signed message with the address from which the payment was made | ||
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| 2. Let’s say you make a payment for some goods on the internet with bitcoin. The merchant would require some proof of payment from you... it could also contain the address for delivery so that the merchant makes sure they are sending it to the right customer |
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interesting point, this may be relevant if the delivery and payment are a detached process. for instance in the case of buying a digital "coupon" of an item, that can be redeemed and shipped at a later date.
e.g. https://medium.com/hackernoon/the-first-blockchain-stamp-in-the-world-and-what-is-means-f6f777838370
security/Wallet Security.md
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| ### PIN code and Biometric Authentication | ||
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| This is required to unlock the app. This adds and extra layer of privacy and security as no one will be able to get access to your phone. |
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the pin/password can also be used to encrypt data stored in the wallet
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there may be a technical distinction to get into regarding authentication and encryption passcode though... have to think about it a bit more.
cc @vindard
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the pin/password can also be used to encrypt data stored in the wallet
I see. so then would the users be required to create a new PIN for the encryption (the one required each time a transaction is to be sent out) or they would use the same pin required to unlock the app for this?
…coin-ux into feat-wallet-security
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