Bicoin is a neat idea, but it's not very easy to use. In a world where most people have trouble figuring out how a ZIP archive works, asking them to manage their own encrypted Bitcoin wallet file is probably not going to happen. Having a third-party do it for you is risky too, but Circle aims to make Bitcoin safe and easy to use. The new Android app looks pretty great too.
Here at AP, we usually team up with partners to give away Android devices, accessories, or other related items. Every once in a while, though, someone hits us up with something new and different. Something fun. That's what today's giveaway with Handy Apps is. Before we get into the details, however, let's take a closer look at some of our kickass sponsor's apps.
This contest is now over.
The final results are listed below.
Bitcoin is still emerging as an online currency, and that means issues are sure to pop up in the way it's implemented. This time there's an Android-specific problem. It turns out there's a weakness in the way Android generates random secure numbers (the Java SecureRandom class), which most Bitcoin apps use to create wallet IDs. That means an attacker could possibly figure out your wallet key and swipe your digital cash.