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Good insight. Same goes for 2FA in general. If you lose the "second factor", you're done for, unless there's some backup. My bank pushes a phone-app-based authe
by dmos62 7y ago
Good insight. Same goes for 2FA in general. If you lose the "second factor", you're done for, unless there's some backup. My bank pushes a phone-app-based authentication method that doesn't have any recovery or backup options outside of visiting a branch office. That's pretty secure in case of scams or theft, but I reinstalled my phone without thinking this autumn and got locked out of my bank account for months this winter.
- cr7pt0 7y agoThis backup you speak of is also a feature of OnlyKey. By using a passphrase you can securely backup your OnlyKey. If you lose the key you can just restore from backup to a new key using the secure backup. With OnlyKey you don't have to worry about getting locked out if you lose your key.