Hello mates, Its a good thing to know about the Mycelium wallet and their features. They is a feature on Mycelium, that is their “single address account.” This account can be vulnerable in some ways.
What is this feature about? It allows a user to delete private keys from their device and import it back when they need their funds.
It is considered as the safest way of saving huge amount of cryptocurrencies, because attacker won’t be able to get your private keys.
Why it is not safe 100%? Many times it has been verified by tech geeks that a deleted file or data on a device doesn’t leave the device, unless the file is overwritten.
So with such complaints, a deleted private key can be recovered by someone else that got access to your phone. With good recovery apps your deleted private key can be seen by another person.
This is quite vulnerable, and can cause the loss of your funds but not completely vulnerable because of the skill, device, app, etc required to carry out this tasks.
But it’s very important to know about this and resist using Mycelium “Single address account”