How can we expect "average Joe" to remember passphrases to his Bitcoins? - page 2.

dunfida

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Quote from: Leonard2016 on May 05, 2017, 01:51:27 AM

Quote from: dunfida on May 05, 2017, 01:26:20 AM

Quote from: Leonard2016 on May 05, 2017, 01:06:12 AM

Quote from: Mirconome on May 04, 2017, 04:03:16 PM

Quote from: youdamushi on May 04, 2017, 11:52:50 AM

Quote from: popcorner on May 04, 2017, 10:50:56 AM

How about this way of generating a passphrase.

Second part: Your fingerprint

wut?
The second part of the passphrase will be... Your fingerprint?
Ignoring how complicated all your idea is...
What is a phrase fingerprint? xD

Passwords may not remember. But there are such functions when the password can be restored, and access with the help of a mesh of the eye or a fingerprint is very difficult to forge. So it's worth thinking about how to secure your documents and money other things.

that is not such a good idea.
the fingerprint system is not perfect yet and it has some problems, and reaching a truely random password with it will be hard (from what i have understood from what i have read).

also consider what if you burnt your fingers? what will you do them? all your money will be lost because you simply lost something that you could never "back-up"

Burning your fingers would only happen on 1/10000 chance and if youre a careless person then possibilities of this thing to happen would be high. Biometrics is always a good security and if you are not satisfied then choose iris scanner it would be much better if you do really concern about security into your bitcoins.

i am not exactly referring to a horrible incident that you lose your finger for example although that is still possible and leads to total loss.
but even small burn like burning it with a hot stove or something leads to you have no access to your money at least until your finger is healed! and that should be a concern because you wouldn't have any other way of accessing your funds then.

Such cases is really possible since the danger is always on our side or in the environment which we cant even prepare when that thing happen. Therefore,if you know that your fingerprint is the only way to access your money or wallet then you should really be careful on for it to be compromised and if you are worried too much on this thing then better to seek on any other way.

DoublerHunter

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Quote from: Wayan_Pedjeng on May 07, 2017, 02:11:01 AM

I am pretty bad in remembering these pass-phrases. So I have written down them in a piece of paper and kept it securely in my locker. If this is lost, then all my coins are gone. Also, if someone steals that piece of paper, then it is trouble for me.

I think it is dangerous for you to put your pass-phrase copy in your paper from your locker because pass-phrases are easy to identify and other people that have access to your locker can get and steal it, so if you ask me, i will just put it on my room or put it in the book and place it around my room and also i will ask my parents to remember it so i will not be worry.

Wayan_Pedjeng

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Activity: 913

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I am pretty bad in remembering these pass-phrases. So I have written down them in a piece of paper and kept it securely in my locker. If this is lost, then all my coins are gone. Also, if someone steals that piece of paper, then it is trouble for me.

Xenophoto

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Quote from: bitcoin_user on May 01, 2017, 04:29:26 AM

It's something which seems crucial to me for reaching mass adoption (in addition to scalabilty of course...).
Already on this forum there is a shitload of people losing their Bitcoins by forgetting passphrases, the private keys, the dat file etc...
So I would like to know what technological solutions could be proposed for this problem.

To make a comparison, a lot of people are forgetting their credit card code (even if it's only 4 digits...) or losing the card and the centralized solution to this is the bank providing new card/code.

Which decentralized solutions to this problems could you think of?

Human stupidity/negligence will never be cured. Before you ever put money to something, you have to do research about it so you wouldn't regret it. It's written on wallets that you should write down your seed somewhere and passphrases are also important. It's pretty obvious. Now, if you didn't know all this, then you weren't reading when you created your wallet. If you forgot it, it's alright as long as you have the seed of the wallet.

A lot of people are forgetting things, but do we really have to implement something so big just so people would stop being so dumb? I don't think so. People have to learn sometimes.

secdark

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Quote from: andrei56 on May 06, 2017, 08:18:50 PM

Quote from: Pursuer on May 02, 2017, 03:24:44 AM

when you go and use a new system then you also have to adapt yourself to the new situation. it won't happen easily. it is like when the first car came out and people switched from using horse and carriage to vehicle, "how can you expect 'average Joe' to remember where he put the handle to his car to start it in the morning?"

This is true when the personal computer first appeared no one was sure what kind of use the average person will have for such a device, and now we seem to be unable to live without them for even a few seconds, people will adapt and bitcoin will eventually become more easier friendly.

Technology makes our lives really easy so thats why when we adopt new technology at first we dont expect that we cant live without it or without using it though it is not really necessity but we cant live without it. You are right at first because they dont know that importance of bitcoin they wont adopt it but at the time goes by they will Cheesy

andrei56

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Quote from: Pursuer on May 02, 2017, 03:24:44 AM

when you go and use a new system then you also have to adapt yourself to the new situation. it won't happen easily. it is like when the first car came out and people switched from using horse and carriage to vehicle, "how can you expect 'average Joe' to remember where he put the handle to his car to start it in the morning?"

This is true when the personal computer first appeared no one was sure what kind of use the average person will have for such a device, and now we seem to be unable to live without them for even a few seconds, people will adapt and bitcoin will eventually become more user friendly.

Pettuh4

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Activity: 812

Merit: 251

We shouldn't expect average joes' to actually memorize all of that but we should show them how to save them on a hard drive or any magnetic drive that they can always refer to when the need arises. Not everyone is good at recollecting information they've memorized and so in order not to lock them out of their own personal accounts we should provide an alternative way for them to save th i.e. Bitcoin paraphrase.(i.e. Pendrive, notebook etc.)

sportis

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Veni, Vidi, Vici

I really do not think there is any way to do them responsible. People do not change easily if they do not tolerate the consequences of their carelessness. If in the future they do the same fault again that means they will not ever understand how to protect their funds and maybe let them to stick with their cash fiat money.

Leonard2016

hero member

Activity: 1036

Merit: 520

Quote from: dunfida on May 05, 2017, 01:26:20 AM

Quote from: Leonard2016 on May 05, 2017, 01:06:12 AM

Quote from: Mirconome on May 04, 2017, 04:03:16 PM

Quote from: youdamushi on May 04, 2017, 11:52:50 AM

Quote from: popcorner on May 04, 2017, 10:50:56 AM

How about this way of generating a passphrase.

Second part: Your fingerprint

wut?
The second part of the passphrase will be... Your fingerprint?
Ignoring how complicated all your idea is...
What is a phrase fingerprint? xD

Passwords may not remember. But there are such functions when the password can be restored, and access with the help of a mesh of the eye or a fingerprint is very difficult to forge. So it's worth thinking about how to secure your documents and money other things.

that is not such a good idea.
the fingerprint system is not perfect yet and it has some problems, and reaching a truely random password with it will be hard (from what i have understood from what i have read).

also consider what if you burnt your fingers? what will you do them? all your money will be lost because you simply lost something that you could never "back-up"

Burning your fingers would only happen on 1/10000 chance and if youre a careless person then possibilities of this thing to happen would be high. Biometrics is always a good security and if you are not satisfied then choose iris scanner it would be much better if you do really concern about security into your bitcoins.

i am not exactly referring to a horrible incident that you lose your finger for example although that is still possible and leads to total loss.
but even small burn like burning it with a hot stove or something leads to you have no access to your money at least until your finger is healed! and that should be a concern because you wouldn't have any other way of accessing your funds then.

magneto

hero member

Activity: 1666

Merit: 753

Quote from: bitcoin_user on May 01, 2017, 04:29:26 AM

It's something which seems crucial to me for reaching mass adoption (in addition to scalabilty of course...).
Already on this forum there is a shitload of people losing their Bitcoins by forgetting passphrases, the private keys, the dat file etc...
So I would like to know what technological solutions could be proposed for this problem.

To make a comparison, a lot of people are forgetting their credit card code (even if it's only 4 digits...) or losing the card and the centralized solution to this is the bank providing new card/code.

Which decentralized solutions to this problems could you think of?

Nothing, really.

The point of having a cryptocurrency in the first place is that you want to have full control over your funds. If there was a way to recover your funds then there will also be a way for others to exploit this method and hack your account. And this plus the irreversibility of bitcoin is a recipe for disaster as people will aim to hack as many accounts as possible in bitcoin instead of bank accounts because the transactions are so easily made.

If you can't store your private keys safely, then maybe you shouldn't be using bitcoin....

dunfida

legendary

Activity: 3122

Merit: 1140

Quote from: Leonard2016 on May 05, 2017, 01:06:12 AM

Quote from: Mirconome on May 04, 2017, 04:03:16 PM

Quote from: youdamushi on May 04, 2017, 11:52:50 AM

Quote from: popcorner on May 04, 2017, 10:50:56 AM

How about this way of generating a passphrase.

Second part: Your fingerprint

wut?
The second part of the passphrase will be... Your fingerprint?
Ignoring how complicated all your idea is...
What is a phrase fingerprint? xD

Passwords may not remember. But there are such functions when the password can be restored, and access with the help of a mesh of the eye or a fingerprint is very difficult to forge. So it's worth thinking about how to secure your documents and money other things.

that is not such a good idea.
the fingerprint system is not perfect yet and it has some problems, and reaching a truely random password with it will be hard (from what i have understood from what i have read).

also consider what if you burnt your fingers? what will you do them? all your money will be lost because you simply lost something that you could never "back-up"

Burning your fingers would only happen on 1/10000 chance and if youre a careless person then possibilities of this thing to happen would be high. Biometrics is always a good security and if you are not satisfied then choose iris scanner it would be much better if you do really concern about security into your bitcoins.

Leonard2016

hero member

Activity: 1036

Merit: 520

Quote from: Mirconome on May 04, 2017, 04:03:16 PM

Quote from: youdamushi on May 04, 2017, 11:52:50 AM

Quote from: popcorner on May 04, 2017, 10:50:56 AM

How about this way of generating a passphrase.

Second part: Your fingerprint

wut?
The second part of the passphrase will be... Your fingerprint?
Ignoring how complicated all your idea is...
What is a phrase fingerprint? xD

Passwords may not remember. But there are such functions when the password can be restored, and access with the help of a mesh of the eye or a fingerprint is very difficult to forge. So it's worth thinking about how to secure your documents and money other things.

that is not such a good idea.
the fingerprint system is not perfect yet and it has some problems, and reaching a truely random password with it will be hard (from what i have understood from what i have read).

also consider what if you burnt your fingers? what will you do them? all your money will be lost because you simply lost something that you could never "back-up"

Queen B

newbie

Activity: 21

Merit: 0

One word:

Biometrics

Sadlife

sr. member

Activity: 1400

Merit: 269

Prevention ie better than cure. You dont have to necessarily have to rember it you could copy and paste into a textfile and keep it hidden or encrypt it using some zip file softwares
Just emembering passphrases is very bad especially when their 25-60 characters long, it's bad for you cause you might forget it that is why you should have some back up solutions.

Smoxer

newbie

Activity: 29

Merit: 0

well thats how it works you want to mantain information that way you have to keep some private data to urself, any thing that will change that will ruin the secutiy aspect in its own

Mirconome

full member

Activity: 171

Merit: 100

Quote from: youdamushi on May 04, 2017, 11:52:50 AM

Quote from: popcorner on May 04, 2017, 10:50:56 AM

How about this way of generating a passphrase.

Second part: Your fingerprint

wut?
The second part of the passphrase will be... Your fingerprint?
Ignoring how complicated all your idea is...
What is a phrase fingerprint? xD

Passwords may not remember. But there are such functions when the password can be restored, and access with the help of a mesh of the eye or a fingerprint is very difficult to forge. So it's worth thinking about how to secure your documents and money other things.

youdamushi

sr. member

Activity: 392

Merit: 250

Quote from: popcorner on May 04, 2017, 10:50:56 AM

How about this way of generating a passphrase.

Second part: Your fingerprint

wut?
The second part of the passphrase will be... Your fingerprint?
Ignoring how complicated all your idea is...
What is a phrase fingerprint? xD

popcorner

newbie

Activity: 2

Merit: 0

How about this way of generating a passphrase.
Let's say it has three parts
First part: Some simple word/password which you cannot forget
Second part: Your fingerprint
Third part: Store the third part in the cloud. Now to retrieve it you need a password which will be generated by time-synchronization. Something like Gemalto's token. Simply put these are one-time passwords which are put into a device before they are deployed and only your device and authentication system knows this. Since this is a cloud system you can have ways to recover the password even if the device is lost.

This way even if one part of your key is compromised you still have two levels to break in. So as soon you sense one part is broke you can create a new wallet and continue using it

youdamushi

sr. member

Activity: 392

Merit: 250

Quote from: BitcoinHodler on May 03, 2017, 04:56:25 AM

Quote from: gringoprivelege on May 03, 2017, 04:06:37 AM

Quote from: ice18 on May 03, 2017, 03:44:31 AM

We don't have to remember the passphrases/ seeds itself but we have to copy or keep it in a secured storage what we have to remember is that where it was stored on our portable drives, usb etc..sometimes we forgot where we copied some files and the tendency to delete it by anyone else who are using that storage..

So make copies on USB drives in different spots, or put it into a remote safe like your bank.

USB drives lose their data if they are not connected to a power source in short intervals (i don't remember how long though you can research it yourself) this means holding your private keys, etc on a USB disk and coming back in a year or so to it may lead to a big loss.

Completely!
On a basic USB stick it can be lost if not connected for 2 years. But some are made with a bigger battery so there is still time going by.

But nice point and it's important to be at least AWARE of that ^^

bartolo

hero member

Activity: 1176

Merit: 501

Quote from: BitcoinHodler on May 03, 2017, 04:56:25 AM

Quote from: gringoprivelege on May 03, 2017, 04:06:37 AM

Quote from: ice18 on May 03, 2017, 03:44:31 AM

We don't have to remember the passphrases/ seeds itself but we have to copy or keep it in a secured storage what we have to remember is that where it was stored on our portable drives, usb etc..sometimes we forgot where we copied some files and the tendency to delete it by anyone else who are using that storage..

So make copies on USB drives in different spots, or put it into a remote safe like your bank.

USB drives lose their data if they are not connected to a power source in short intervals (i don't remember how long though you can research it yourself) this means holding your private keys, etc on a USB disk and coming back in a year or so to it may lead to a big loss.

Yes, there is always a risk of you can lose your data or even your drive can be lost, for that reason if you use that method it´s good to use 2 or 3 devices and check the data regularly, if you use a pendrive you can connect it to your tv and check if the files are still there.

Topic: How can we expect "average Joe" to remember passphrases to his Bitcoins? - page 2. (Read 4117 times)