[ogogmad]

This reminds me of crypto wallets. I also dispute mike_hearn 's:

> Smartphone HW attestation is better in every way

They're still prone to side-channel attacks like SPECTRE. Crypto wallets are practically immune because they're air-gapped.

[edit] I just realised that's Mike Hearn of early BTC fame. I suppose he would know what a crypto wallet is.

[mike_hearn]

Spectre doesn't work across process boundaries, so I don't think they are. You can't Spectre your way into a banking app on an iPhone. Or if you can I'd like to see it in action.

[ogogmad]

I don’t think "Spectre doesn’t work across process boundaries" is correct as stated; cross-process and cross-security-domain Spectre attacks have been demonstrated. But I agree that "a malicious app can trivially Spectre its way into an arbitrary banking app on a patched iPhone" is a much stronger claim, and I’m not aware of a public demonstration of that exact attack. My point is only that process isolation alone is not, in principle, a complete answer to Spectre-class attacks.

[mike_hearn]

The only similar bug I'm aware of was Meltdown, an Intel only bug that was immediately patched with a microcode update. But Meltdown was a different bug to Spectre. Spectre is a class of attacks that's hard to solve by design, Meltdown was a specific bug that was easy to solve.