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Topic: Biometrics is the key to defeating Bitcoin hackers! - page 2. (Read 1835 times)

global moderator
Activity: 4018
Merit: 2728
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I already spoke to some of the devs, they quickly proved me wrong that biometrics are viable. They said for instance, that fingerprints are not the same throughout the whole life, they change and are are not as accurate all the time. I also tried saying ok what about a DNA scan, proved me wrong again.

DNA scanning is even more far-fetched, but could be fun. Imagine licking or spitting into something before you could send your Bitcoins  Grin. I'm sure there'll be fingerprint Bitcoin apps at some point.

Altho DNA is unique (all 13 pairs) but its not guaranteed to stay the same.

Are you saying peoples DNA changes?
newbie
Activity: 36
Merit: 0
The long and short of it is this: there's no method you can use to authenticate yourself to a remote website via an infected computer that man-in-the-browser malware can't hijack en-route and use in order to pretend to be you. Instead you need to validate the integrity of your transactions on a separate device. That's what Cronto does for banks and that's what Trezor does for Bitcoin wallets.
hero member
Activity: 658
Merit: 500
I already spoke to some of the devs, they quickly proved me wrong that biometrics are viable. They said for instance, that fingerprints are not the same throughout the whole life, they change and are are not as accurate all the time. I also tried saying ok what about a DNA scan, proved me wrong again.

DNA scanning is even more far-fetched, but could be fun. Imagine licking or spitting into something before you could send your Bitcoins  Grin. I'm sure there'll be fingerprint Bitcoin apps at some point.

Altho DNA is unique (all 13 pairs) but its not guaranteed to stay the same.
global moderator
Activity: 4018
Merit: 2728
Join the world-leading crypto sportsbook NOW!
I already spoke to some of the devs, they quickly proved me wrong that biometrics are viable. They said for instance, that fingerprints are not the same throughout the whole life, they change and are are not as accurate all the time. I also tried saying ok what about a DNA scan, proved me wrong again.

DNA scanning is even more far-fetched, but could be fun. Imagine licking or spitting into something before you could send your Bitcoins  Grin. I'm sure there'll be fingerprint Bitcoin apps at some point.
legendary
Activity: 1078
Merit: 1003
They key to defeat hackers are secure hardware wallets, you'd imagine we'd have one by now. I'm still waiting on Trezor to ship and am hopeful it will be everything it needs to be - we'll see. Any updates slush?

About Trezor.... when will they have it ready? i really cant wait


Would be nice to know, I agree.
hero member
Activity: 658
Merit: 500
They key to defeat hackers are secure hardware wallets, you'd imagine we'd have one by now. I'm still waiting on Trezor to ship and am hopeful it will be everything it needs to be - we'll see. Any updates slush?

About Trezor.... when will they have it ready? i really cant wait
hero member
Activity: 658
Merit: 500
Not to mention fingerprints are every easy to steal.... yeah....

We still dont have robust technology for this application yet. For ex: eye scanning is so damn slow.
legendary
Activity: 896
Merit: 1000
I already spoke to some of the devs, they quickly proved me wrong that biometrics are viable. They said for instance, that fingerprints are not the same throughout the whole life, they change and are are not as accurate all the time. I also tried saying ok what about a DNA scan, proved me wrong again.

This is the difficulty in making biometrics seamless and safe.

One of the biggest issues is that unimodal biometric systems lack robustness. On the other hand, strictly multimodal biometric systems are very robust but they lack the seamlessness of unimodal systems. There has been work done on creating an adaptive multimodal system which uses probabilities to account for changes that the human body encounters but the difficulty is in trusting the robustness of the probabilities and securities of multi-level gaming of the systems.
legendary
Activity: 1078
Merit: 1003
They key to defeat hackers are secure hardware wallets, you'd imagine we'd have one by now. I'm still waiting on Trezor to ship and am hopeful it will be everything it needs to be - we'll see. Any updates slush?
sr. member
Activity: 314
Merit: 251
The problem with biometrics is that once your scan data has been compromised by data thieves, you can't change any of it.
legendary
Activity: 1862
Merit: 1011
Reverse engineer from time to time
I already spoke to some of the devs, they quickly proved me wrong that biometrics are viable. They said for instance, that fingerprints are not the same throughout the whole life, they change and are are not as accurate all the time. I also tried saying ok what about a DNA scan, proved me wrong again.
legendary
Activity: 896
Merit: 1000
You know, you may actually be onto something here. The problem is how to make this process seamless and safe. There are several major companies trying to incorporate biometrics with their security practices and it could behoove BTC if several major exchanges/applications incorporate it.

Once again though, the problem is making the process seamless and safe.
global moderator
Activity: 4018
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I think Biometrics would be a worthy two/third-factor authentication as long as they were implemented properly and safe.
legendary
Activity: 2282
Merit: 1050
Monero Core Team
Apple touch ID is a perfect example of Security Theatre  https://en.wikipedia.org/wiki/Security_theater, as was demonstrated by the Chaos Computer Club http://www.ccc.de/en/updates/2013/ccc-breaks-apple-touchid. It is completely useless to secure against Bitcoin hackers who are more often than not far more competent than Apple in security.
newbie
Activity: 36
Merit: 0
This is no better than OTP 2FA; both are worthless if your machine is infected by man-in-the-browser (MitB) malware. If you haven't been following banking malware trends you may not be aware - thieves have been bypassing 2FA easily for quite some time. Transaction Integrity Verification (TIV) using an offline device is the only way to defeat theft by MitB malware.
member
Activity: 80
Merit: 10
Not everyone has a finger scanner...
sr. member
Activity: 350
Merit: 294
In my opinion, biometric technologies like apples touch ID is the solution to Bitcoin hackers on major exchanges. Imagine Coinbase or Bitpay had a user enabled feature that requires your fingerprint in order to confirm any Bitcoin transactions.

Then, a hacker would need to get into your account, defeat two factor authentication... and have acess to your fingerprint to confirm any transaction requests.

Obviously, this could be a user enabled feature that conspiracy theorists or people looking to just be anonymous could opt out of.

If Apple were to open up its touch ID to third parties, this would be the best offering. But for the meanwhile, can't a website like coinbase allow you to buy a third-party fingerprint scanner?
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