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Brilliant! Until you lose your wallet. Much like lastpass and other password management software, you're putting all your eggs in one basket, and having faith
by Sir_Substance 12y ago
Brilliant!
Until you lose your wallet.
Much like lastpass and other password management software, you're putting all your eggs in one basket, and having faith it won't fail.
Passwords are a shitty idea people. We need a better system.
- krapp 12y agoAny authentication system will (and should) fail if you lose the authenticator. That's not "shitty", that's the way it's supposed to work. A better system, to be of any value, would fall prey to the same 'weakness'. Even biometrics can change over time.
- canes123456 12y agoMath/Crypto allows for distributed authentication. Think bitcoin block chain, miners verify each transaction and but it doesn't rely on any single miner.
- bigbugbag 12y agoThe bitcoin blockchain relies on the assumption that the mining power is honest and no single entity will hold the majority of the mining power. This has proven to be an issue with the selfish miner case and when a single mining pool reached 51% of the total mining power. In the world of security you simple cannot assume honesty and build security on top of this assumption.
- Dylan16807 12y agoIt's not two factor, so no it's not 'supposed' to fail if you lose it.
- cenhyperion 12y agoYou could take a photo or photocopy of that and leave it in a secure place. Boom, backup.
- marssaxman 12y agoPeople keep saying that passwords are a bad idea, but what else is there?