It gives me reassurance that accounts are protected and moreover by a password that only I know. I studied this quite a bit and was impressed by their use of this concept.
I've always respected this model because it's a lot like LastPass' where your data is encrypted by a key that only you know.
I'll explain a little more in my post below, but let me first run through the details of Authy. However, I do have to point out that one of its major flaws is that it doesn't protect Authy tokens with the same security it does with RFC 6238 / Google Authenticator tokens. I see Authy getting recommended a lot here, and as one of the major supporters of this app, I couldn't be happier because I really do believe in having a good system of security that not only allows us to adopt better security (implementing 2FA for all our accounts), but to also do so without a loss in convenience (cloud backups). Tl dr: Authy is flawed in that it's own native tokens are not as well protected as Google Authenticator / RFC 6238 tokens that you can add r/CryptoCurrencyMemes r/CryptoCurrency_Tech r/CryptoMarkets r/CryptoRecruiting r/Best_of_Crypto r/BitcoinMarkets r/BitcoinMining r/CryptoTrade r/Ethfinance r/EthTrader r/Jobs4Crypto r/Liberland r/NFT r/OpenBazaar r/GPUmining Mastering Ethereum (Open Source book) Exchanges IBM's ZeroToBlockchain (Free learning resources) See our Expanded Rules page for more detailsĬoinMarketCap (Cryptocurrency market cap info)ġ0k.pizza (Portfolio tracking.See our Expanded Rules page for more details about this rule.This includes "PM for referral", asking for referral codes or links, and linking to sites used solely for referral links. Rule #2.10 - Posting referral, promo links, or codes of any kind is strictly prohibited and will be met with a long-term or permanent ban.See our Expanded Rules wiki page for more details about this rule.If you meet our requirements and want custom flair, click here. Please make quality contributions and follow the rules for posting. This subreddit is intended for open discussions on all subjects related to emerging crypto-currencies or crypto-assets. Be nice to each other! r/CryptoCurrency is a welcoming place for all people and all cryptocurrencies.
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