This is why you enable 2FA. | Bitcointalksearch.org

SmartIphone

legendary

Activity: 1204

Merit: 1000

Quote from: Karartma1 on April 30, 2016, 04:38:11 AM

We're the first security layer of our own stuff. And, actually, I hate 2FA. I used it only once for bitstamp and I then stopped using bitstamp.

I use 2FA very often and where I am able to enable it I do it because I feel safer when I have 2FA enabled.
Unfortunately the forum does not support 2FA yet but it would be good if we will see it in the near future.

pakitz

newbie

Activity: 28

Merit: 0

i ddnt use 2FA to avoid hassle.. but reading this post made me want to use 2FA for my own security againts hackers..

European Central Bank

legendary

Activity: 1288

Merit: 1087

i like the idea of 2fa but it also makes me nervous. I've had google authenticator fail on multiple phones and not received emails or sms when i needed them for 2fa.

i prefer dumb methods like printed codes if they're available.

BitcoinSupremo

copper member

Activity: 1442

Merit: 529

My blockchain.info wallet was hacked in the beginning of 2014 and since then I learned about 2FA in different forums. Have all of my accounts, like email, yobit, other websites where I work enabled with 2FA and its more than 2 years I am not having a single problem. I use both Linux and Windows but mainly Linux when dealing with bitcoins for better security from the OS.

streazight

hero member

Activity: 910

Merit: 502

Quote from: Shiroslullaby on September 10, 2016, 08:10:39 AM

Any financial service with more than $50 in it should use 2FA.
Its much less trouble to spend a couple extra seconds to check a phone or a key for a code,
than it is to try and get your money back.
More and more malware is checking for things like bitcoin wallets.
Even a simple RAT or keylogger could get someone access to your funds if you don't have 2FA.

I have 2FA enabled on all of my accounts that has a 2FA option available. I don't mind taking extra time to log in, just as long as I can keep myself secure.
The only concern I have is that if I lose my phone, the one who picks my phone may be able to access my accounts if I don't change them in time.

noictib

hero member

Activity: 966

Merit: 515

One of the world's leading Bitcoin-powered casinos

Thank you for the information that you had provided. I was really unware of such things. I took security with bitcoin wallet lightly but now i come to know that it's really important to secure our bitcoin wallet

septian44

sr. member

Activity: 420

Merit: 250

Quote from: coins101 on September 10, 2016, 09:22:17 AM

Quote from: coins101 on September 10, 2016, 08:17:40 AM

..

New features:
-multiple windows for trading on bittrex
-2FA via Google Authenticator
-Key management
-HD addresses
-Block explorer

It would be interesting if bitcoin could have 2FA in the client, as the devs of vTorrent have done in their up coming torrent client.

Security is very important excellent features 2FA our assets to be safe, It is the most common authentication method no one knows the secret unless you, keep your balance remains secure the most important points do not lend PC to others, protection of information against theft or our best friend.

bitbunnny

legendary

Activity: 2912

Merit: 1068

WOLF.BET - Provably Fair Crypto Casino

But is it 2FA completely secure? What if your computer or mobile phone is affected with malware? Your account still then can be compromised, no matter to 2FA. And malwares in all forms are bigger and bigger threat. Of course that 2FA gives more security in regular cirumstances but I just want to say that nothing is perfectly safe.

coins101

legendary

Activity: 1456

Merit: 1000

Quote from: coins101 on September 10, 2016, 08:17:40 AM

..

New features:
-multiple windows for trading on bittrex
-2FA via Google Authenticator
-Key management
-HD addresses
-Block explorer

It would be interesting if bitcoin could have 2FA in the client, as the devs of vTorrent have done in their up coming torrent client.

Digitalbitcoin

hero member

Activity: 1568

Merit: 502

I believe in 2FA (2 Factor Authentication). It gives more security. But If you allow someone to use your computer this may bring you at risk. Because no one knows what will new person do with your PC.

I have personally faced a big issue.

Issue is of malware affection which costs me lot because, one of my friend use my PC and he download something which was harmfull. He told me later that there was alert from my antivirus saying downloading files are affected but still he download something and when he run that exe makes big trouble as all my data files stored on PC in another drive changed all files extension and make them encrypted with binary file. Which require secret key to descrypt all my files to get back original files.

2FA can give authentication security but what to do in such cases ?

Labumi

hero member

Activity: 756

Merit: 500

Quote from: Jeremycoin on September 10, 2016, 08:05:35 AM

Quote from: asriloni on September 10, 2016, 07:41:08 AM

Quote from: Herbert2020 on May 01, 2016, 12:08:58 AM

Quote from: naidray on April 30, 2016, 11:55:28 PM

Two Factor Authentication is there for security. This is what happens when you don't take advantage of the service they are providing in the expense of ease. This might've been a lesson for you, learned in a hard way. I always enable 2fa in almost every account I have if possible to prevent hacking potential.

you should really try and read what OP says before posting, he said he had 2FA enabled and that is why he didn't lose anything at all despite the fact that all his passwords were compromised. and that is the power of 2FA which almost all the services are offering these days to prevent hacks.

I can say that most of people are lack of knowledge about 2FA so they don't enable this feature and the rest just worried to use it because they think that once they lost the 2FA key they will losing their precious even it's really wrong,but 2FA still rarely available for some site,especially a site that's not related about money even it's important enough

I think it's not just because of that, using 2FA is needed an extra work because we have to check our phone first before doing anything with the wallet. And for most people, this thing is inconvenient because they think they're just too lazy to do it even tho it's very important to them.

It also depends on the desire of any person. Because sometimes there are people who are more concerned with all of the data is secure and does not want to get an issue on the internet because of the behavior of hackers. Better we secure Wallet BTC with a special and awake than have to secure the account Bitcointalk that is just an interaction. Except for those who work in the bitcointalk, surely they need this

coins101

legendary

Activity: 1456

Merit: 1000

I have something to say on this issue, but I'm out. Will post later.

Shiroslullaby

sr. member

Activity: 434

Merit: 250

Any financial service with more than $50 in it should use 2FA.
Its much less trouble to spend a couple extra seconds to check a phone or a key for a code,
than it is to try and get your money back.
More and more malware is checking for things like bitcoin wallets.
Even a simple RAT or keylogger could get someone access to your funds if you don't have 2FA.

Jeremycoin

legendary

Activity: 1022

Merit: 1003

𝓗𝓞𝓓𝓛

Quote from: asriloni on September 10, 2016, 07:41:08 AM

Quote from: Herbert2020 on May 01, 2016, 12:08:58 AM

Quote from: naidray on April 30, 2016, 11:55:28 PM

Two Factor Authentication is there for security. This is what happens when you don't take advantage of the service they are providing in the expense of ease. This might've been a lesson for you, learned in a hard way. I always enable 2fa in almost every account I have if possible to prevent hacking potential.

you should really try and read what OP says before posting, he said he had 2FA enabled and that is why he didn't lose anything at all despite the fact that all his passwords were compromised. and that is the power of 2FA which almost all the services are offering these days to prevent hacks.

I can say that most of people are lack of knowledge about 2FA so they don't enable this feature and the rest just worried to use it because they think that once they lost the 2FA key they will losing their precious even it's really wrong,but 2FA still rarely available for some site,especially a site that's not related about money even it's important enough

I think it's not just because of that, using 2FA is needed an extra work because we have to check our phone first before doing anything with the wallet. And for most people, this thing is inconvenient because they think they're just too lazy to do it even tho it's very important to them.

asriloni

legendary

Activity: 3038

Merit: 1024

Leading Crypto Sports Betting & Casino Platform

Quote from: Herbert2020 on May 01, 2016, 12:08:58 AM

Quote from: naidray on April 30, 2016, 11:55:28 PM

Two Factor Authentication is there for security. This is what happens when you don't take advantage of the service they are providing in the expense of ease. This might've been a lesson for you, learned in a hard way. I always enable 2fa in almost every account I have if possible to prevent hacking potential.

you should really try and read what OP says before posting, he said he had 2FA enabled and that is why he didn't lose anything at all despite the fact that all his passwords were compromised. and that is the power of 2FA which almost all the services are offering these days to prevent hacks.

I can say that most of people are lack of knowledge about 2FA so they don't enable this feature and the rest just worried to use it because they think that once they lost the 2FA key they will losing their precious even it's really wrong,but 2FA still rarely available for some site,especially a site that's not related about money even it's important enough

vtorrent

full member

Activity: 195

Merit: 104

Hello all,

Check out vTorrent client if anybody still looking for 2FA for Bitcoin-QT.

https://github.com/vtorrent/vTorrent-Client/releases/tag/0.8.1

Regards,

vTorrent

Karartma1

legendary

Activity: 2310

Merit: 1422

No matter how many layers of security one will implement there's always one thing that needs to be taken into account which is, as we said earlier, the "human user" problem: technology is pretty good but we are the unsolvable problem!

jacobmayes94

sr. member

Activity: 364

Merit: 250

I actually set up my authencator keys on two separate phones, I have 1 business phone and my usual phone, both encrypted and I also keep a print out of the 2FA keys stored safe. So loosing my phone wouldn't make things that difficult.

I think with 2FA that not enabling it when it comes to money is asking for trouble; the trezors are very very good though when it comes to a security layer.

A few seconds logging in? when you have money or time or data involved, whats the problem. Saved me a ballache at best, lost money at worst.

To those who don't enable it, it kept my coins (minus trezor coins which are protected by their nature as long as you ensure the sending wallet matches where you want to go on the trezor display) safe. The coinbase multisig vault also times withdrawals.

I second the email account, sometimes I can be a bit annoying having to get it if my phone is out of reach, but especially after this I know my decision to enable 2FA among other security measures was the right one, I have never had such an attack in years of sharing my PC and using it myself,

If posting this leads to even a SINGLE attempt to steal coins stopped, then I did my task right.

Jacob

DimensionZ

sr. member

Activity: 350

Merit: 251

Shit, did I leave the stove on?

Quote from: h3rlihy on April 30, 2016, 07:23:05 PM

2FA should just be default on any sort of account that is used to access financial assets. It can be a pain in the ass, sure, but I'd much prefer it to be more prevalent.

Yes this should be a common practice to enable 2FA for accounts it's available on as it will be quite the hurdle to overcome for any hacker who is trying to get to your financial data. I am using 2FA also on all of my email accounts as well because this is usually the first point of attack before going for your money.

Herbert2020

legendary

Activity: 1946

Merit: 1137

Quote from: naidray on April 30, 2016, 11:55:28 PM

Two Factor Authentication is there for security. This is what happens when you don't take advantage of the service they are providing in the expense of ease. This might've been a lesson for you, learned in a hard way. I always enable 2fa in almost every account I have if possible to prevent hacking potential.

you should really try and read what OP says before posting, he said he had 2FA enabled and that is why he didn't lose anything at all despite the fact that all his passwords were compromised. and that is the power of 2FA which almost all the services are offering these days to prevent hacks.

Topic: This is why you enable 2FA. (Read 2818 times)