The new BitID Authentication System - page 2.

hazek

legendary

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Merit: 1003

Quote from: guybrushthreepwood on May 07, 2014, 01:32:11 PM

Yeah this doesn't sound too great of an idea. Would you have to type your bitcoin address in each time too? Not exactly easy to remember.

Please learn before speaking: https://www.youtube.com/watch?v=3eepEWTnRTc

Man I wish Google would add a hardware wallet into Nexus 5 (or some other smartphone company). Can you imagine if every smartphone could be also used as a hardware secured authentication device/Bitcoin wallet?

guybrushthreepwood

legendary

Activity: 1232

Merit: 1195

Yeah this doesn't sound too great of an idea. Would you have to type your bitcoin address in each time too? Not exactly easy to remember.

Thread7

newbie

Activity: 33

Merit: 0

I just learned of this new login authentication service that uses your Bitcoin wallet to login to various places. Instead of "Connect with Google" or "Connect with Facebook" instead you can "Connect with Bitcoin".

http://www.coindesk.com/authentication-protocol-bitid-lets-users-connect-bitcoin/

My gut reaction is that this is not a good idea. It creates another system that needs to access your private key. Why is that necessary when you aren't making a payment? For example, if I want to access my hotel room - instead of a key;swipe card;access code - BitID would allow you to use your bitcoin wallet. But this means the authentication mechanism needs to access my private key. Why do I want that happening when an access code or something would not put my wallet credentials at more risk?

Thoughts?

Topic: The new BitID Authentication System - page 2. (Read 1434 times)