The first thing that came to my mind when I saw the name of this wallet is that, this wallet should have a Japanese affinity because the name sounds a lot like the Japanese Samurai.
When I was researching the Samuorai wallet, I encountered loads and loads of security details and different security measures that the Samuorai wallet possesses. This can only mean that this wallet will be perfect for storing digital currencies I thought, only for me to discover that the only cryptocurrency the wallet supports is Bitcoin. Well, the security system is still top notch so keeping BTC assets in a wallet like this isn't bad.
Apart from the fact that the Samuorai wallet only supports BTC, the only mobile device it is available on is the Android device and not available for iOS devices. So, inspite of all the strong and attractive security features that this wallet has, it has quite a lot of limitations too.
As we all know that the primary function of cryptocurrency wallets is the security of assets, the Samuorai wallet gets an A+ in this aspect. The wallet claims to be able to secure your assets, keep your transactions private and also mask your identity.
Incase you decide to go with the Samuorai wallet, here are the amazing security measures it possesses;
1. Military Grade Encryption: The Samuorai wallet is encrypted on your mobile device with an AES-256 encryption and also uses a BIP 39 passphrase to create an unbreachable wallet. Another encryption that constitutes to the security of the wallet is the BIP 44 encryption. An added advantage to these encryptions is that you can easily export your wallet to any other wallet that supports BIP 39 and 44 encryptions.
2. Security PIN: This measure is quite common for all cryptocurrency wallets. The Samuorai wallet allows you to set a 5-8 digit PIN that you can use to login to your wallet. The screen page of the PIN allows no screen recording of any kind. I have actually encountered something like this with two or more other wallets that do not allow you screenshot the security seeds and passphrase for the wallet, little did I know that this was to nullify any spyware attached to such feature.
3. Private Keys: This security measure is also adopted by most crypto wallets. The Samuorai wallet provides you with a set of security keys (most of the times they're a number words to be arranged in order) which are stored on your device. Any external entity apart from yourself can access your wallet with these keys, which means that protecting these keys is protecting your wallet.
4. Certificate Pinning: This measure is put in place to protect the wallet from any fraudulent activity that will require the use fake web certificates for impersonation.
Well, I have to admit that I would never I've thought that I'll one day encounter a cryptocurrency wallet with these much security measures, because apart from the ones I've mentioned above, there are other measures in place all to ensure that the Samuorai wallet is perfectly safe. Looking at these security measures, I came to a conclusion or let me say an assumption that the Samuorai wallet is specifically designed for BTC whales and sharks, those people with high amount of BTC volume to keep their assets in. Also, the fact that the wallet has limitations buttresses my assumption.