Pages:
Author

Topic: Assumption (Read 474 times)

legendary
Activity: 1974
Merit: 1150
May 12, 2022, 03:05:03 AM
#41
However I still think having a fingerprint for wallet security is still not a really secure option, let alone making it a private key. If it's ever implemented in the future, I'll probably stay safe with the old method of wallet creation where only the person with the seed and private key can access the wallet.

So far I use my fingerprint to access my Metamask wallet, it might be a bit risky when I have to carry my phone everywhere I go so that in the end I don't keep my funds there. The same may be thought by those who secure wallets with fingerprints.
newbie
Activity: 21
Merit: 1
May 12, 2022, 02:35:46 AM
#40
What happens if your finger print refuses to scan?
Either ways, so many person's might be walking with one finger, because of theft.
member
Activity: 70
Merit: 17
May 11, 2022, 10:14:39 PM
#39
It is known that once you are not in the shoes you cannot know how it feels ,who wasnt present won't have the experience ,you cannot base a debate or an experience based on assumption because you won't give the accurate or detailed information, assumptions are probability not properly investigated.
hero member
Activity: 2520
Merit: 952
May 09, 2022, 10:29:27 PM
#38
Until that happens you can 'lock' your private keys using finger print lock on your phone  Huh
hero member
Activity: 1498
Merit: 711
Enjoy 500% bonus + 70 FS
May 09, 2022, 05:33:30 PM
#37
Fingerprint connected to wallet address is like DNA connected to wallet address. If fingerprint cant be recorded and modified which i don't think its possible. This will be very secure and safe. And make it easy for ones family to inherit ones crypto wallet after death.
All they need is finger. Lol.
Actually it's just a recent that i noticed that my fingers print can as well open my trust wallet during the time of sending out cryptocurrency and especially bitcoin, last week, after my trading transaction i noticed that my print unlocked by wallet instead of the security password, the challenge is that no cryptocurrency wallet can accept of replacement of fingerprint with seed phrase
member
Activity: 672
Merit: 16
May 09, 2022, 05:25:06 PM
#36
It would have been nice to an alternative to the seed phrase.  If finger print is the option it may stop working because anything can happen to the finger that can damage the finger. But to make it an alternative to seed phrase will look good when the seed phase can't be find finger print can be used.
legendary
Activity: 1022
Merit: 1341
May 09, 2022, 03:11:07 PM
#35
Technology haven't reached this stage but assuming your fingerprint can be implemented into your crypto wallet private keys, assuming once you create a wallet you have to pass finger print scan and that gets fold up to that particular private key for life, how cool will this be?

Fingerprint would have been a best option but I believe it would be very easy for the hackers to hack your fingerprints and have access to your wallet. So the phrase key method is still good. Although the fingerprint is also good.
member
Activity: 208
Merit: 10
May 09, 2022, 11:24:18 AM
#34
Small time many criminals will be hunting for even a dead man's finger where he is buried, cemeteries wont have a peace night every day lol, before you know what's going on all fingers of the dead will be missing, it's a bad idea.
Funny dude 🤣. Well, that's not how that stuff works. Nobody will embark on such cadaver hunt. It's meaningless. You think a dead man's swollen fingers will retain the same prints as when he were alive? Nah! Just try logging into your phone if you've finger print lock on it when your finger is numb or wet and see what happens. You won't be able to gain access to it. Let alone when the person is dead and swollen. This is because the phone readings won't be able to recognize one's finger print as the original one which was entered owing to the fact that the structure of one's fingers would've changed.
Get them fresh mate   Grin get them fresh, before the corpse rottens, hahaha, this idea is dangerous for the masses, there will be new criminals on the block that only hunts for people who have such wallets, a very bad idea indeed.
hero member
Activity: 938
Merit: 605
Leading Crypto Sports Betting & Casino Platform
May 09, 2022, 10:44:21 AM
#33
Smiles Grin... How cool would it be getting your finger chopped off. Not so cool at all right?
A finger print for a private key is gonna be the easiest means of getting access to anyone's wallet as it will increase security risk even to life

Come to think of those set of people that sleeps deeply like hell, their fingers  could easily be used to access their wallet by their close friends or relatives while asleep.
Don't you think so?
member
Activity: 898
Merit: 19
Do it For Better Humanity (Bitget trader)
May 09, 2022, 10:42:46 AM
#32
Fingerprint connected to wallet address is like DNA connected to wallet address. If fingerprint cant be recorded and modified which i don't think its possible. This will be very secure and safe. And make it easy for ones family to inherit ones crypto wallet after death.
All they need is finger. Lol.
member
Activity: 840
Merit: 23
May 09, 2022, 09:42:36 AM
#31
Technology haven't reached this stage but assuming your fingerprint can be implemented into your crypto wallet private keys, assuming once you create a wallet you have to pass finger print scan and that gets fold up to that particular private key for life, how cool will this be?
To every technology there is always a counter technology especially if the process is not cryptographic in nature. Having finger print on wallets could be riskier than having your coin on a CEX, reasons been that you stand high risk of having your fingers chopped off just to have a copy of your finger print or a soft ware can be produced that saves finger prints once it's generated once. It's a bad idea to think of this
legendary
Activity: 2716
Merit: 1225
Once a man, twice a child!
May 09, 2022, 08:05:47 AM
#30
Small time many criminals will be hunting for even a dead man's finger where he is buried, cemeteries wont have a peace night every day lol, before you know what's going on all fingers of the dead will be missing, it's a bad idea.
Funny dude 🤣. Well, that's not how that stuff works. Nobody will embark on such cadaver hunt. It's meaningless. You think a dead man's swollen fingers will retain the same prints as when he were alive? Nah! Just try logging into your phone if you've finger print lock on it when your finger is numb or wet and see what happens. You won't be able to gain access to it. Let alone when the person is dead and swollen. This is because the phone readings won't be able to recognize one's finger print as the original one which was entered owing to the fact that the structure of one's fingers would've changed.
newbie
Activity: 27
Merit: 4
May 09, 2022, 07:27:41 AM
#29
As much as this idea would have been cool, we should consider both the pros and cons. If its consideration as a security barrier attracted us to adopting this technique, then some persons would be left out especially those who work with lime(calcium oxide) because of its basicity, it wears away the top layers of the skin.

And surprisingly, people who handle or deal with paper on a constant basis tend to wear down the ridge detail of their fingers too. Then what about hackers who will concentrate on getting people's prints since it can be everywhere we put our hands on. This technique will make many people vulnerable to attack than its supposed benefit.
hero member
Activity: 994
Merit: 701
May 01, 2022, 05:00:59 AM
#28
This will only make accessing your wallet faster, instead of copying and pasting or even typing them in. But where the big problem comes is in a case of accident and something happens to the finger, that’s it you can’t access your wallet anymore, great loss at the end.
Also, thumbprint can easily be stolen anywhere you place your thumb on. Maybe even in an office or anywhere where thumbprint is required in order to get access to such place or use something there.
member
Activity: 65
Merit: 12
April 26, 2022, 10:54:34 AM
#27
It'll hurt to get a finger cut off Grin. Or have the police say they needed everyone's fingerprint and then just mould copies they can use to access your funds.

The body changes a lot and so do fingerprints, it's not a good idea to use biometrics like that for that reason.


This is so funny  Grin as I never even think about this until you made this point, it's a very valid point though 😂
member
Activity: 364
Merit: 13
March 27, 2022, 01:50:37 PM
#26
Well, I think it cool but it will be some worth insecure, because a lot of people can do anything just to have money. Imagine someone breaking into your home or blocking you anywhere and he knows what he need is always within your body, your phone and your finger is all he need to get hold of your funds, he won't mind even cutting off your finger. So to me it somehow cool but totally insecure.
member
Activity: 65
Merit: 12
March 27, 2022, 04:52:38 AM
#25
ZenGo[1] already does something similar — they use facial biometrics(face mapping) for your wallet backups in a non-custodial manner.

Not that I recommend using this wallet, but it's definitely interesting.


[1] https://zengo.com/security/
Just seeing this reply because its been a while I checked this thread out, it's good to see that a crypto company already did something similar to what I've said but it did look riskier than normal crypto wallets we all are used to, thanks for the reply
hero member
Activity: 2660
Merit: 651
Want top-notch marketing for your project, Hire me
February 15, 2022, 05:05:30 PM
#24
The assumption of the OP is cool but every advantage also comes with disadvantages and in a situation when an accident happens to the user that makes use of the fingerprint or the person was copied by theft and later use to access people wallet.
I think I am fine with the way crypto wallets are currently operated though.
hero member
Activity: 1498
Merit: 711
Enjoy 500% bonus + 70 FS
February 15, 2022, 04:53:27 PM
#23
Technology haven't reached this stage but assuming your fingerprint can be implemented into your crypto wallet private keys, assuming once you create a wallet you have to pass finger print scan and that gets fold up to that particular private key for life, how cool will this be?
You are making a good point, indecencies that the security of wallet would have be perfect one from my own perspective, at times i do use my finger print to Access my trust wallet with the help of my handset setting, i know we are assuming but i know it will not work, but i believe in advance time all this seed phrase will be transformed by using fingerprint to access cryptocurrency private key's.
legendary
Activity: 1288
Merit: 1081
Goodnight, o_e_l_e_o 🌹
February 15, 2022, 12:09:16 PM
#22
I have read the OP more than once to make sure I understand what he meant.
The biometrics I already in existence for wallets, however the finger print is to confirm ownership and grant access to the wallet.
But from the concept OP is coming from if I didn't misunderstand him is embedding the private keys in the owner's finger print.
If this be feasible, to what essence? Will it not defeat the idea of privacy?
I mean criminals will target victims fingers.
It this is to work better, there should be an option to embed the private keys in any part of your body. Such that I may decide to embed mine in the ampit or buttocks.
Pages:
Jump to: