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Topic: The new BitID Authentication System - page 2. (Read 1451 times)

legendary
Activity: 1078
Merit: 1003
May 07, 2014, 03:58:04 PM
#3
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?
legendary
Activity: 1232
Merit: 1195
May 07, 2014, 12:32:11 PM
#2
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.
newbie
Activity: 33
Merit: 0
May 07, 2014, 12:30:17 PM
#1
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?
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