I'd like to know what are your thoughts on the Passkey technology and the increasing amount of wallets (JoyID, Trustwallet, and couple of days ago Coinbase wallet) that are starting to support this.
For those who are not familiar with this (and based on the reading I have done, correct me if I'm wrong):
- You basically can create or restore your wallet using your PIN, or biometrics, and without the need of a seedphrase.
- Passkeys are stored in your iCloud or Google drive and are unique to each service. Just because you used the same fingerprint for both Trustwallet and Coinbase, doesn't mean that the passkey is the same.
- Passkeys are end-to-end encrypted.
I have also noticed that some exchanges such as OKX and Binance are using this instead of requesting a combination of both 2FA code and email.
I'd like to hear your thoughts on this?
Topic: Thoughts on Passkey wallets? - page 2. (Read 312 times)
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