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Topic: Which of the two will you choose as a gambler? - page 2. (Read 628 times)

hero member
Activity: 2968
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for me anonymity is very important so of course I prefer option two, just be a little careful and keep a possible code / private key safe for good as it happens for altcoins wallets
full member
Activity: 924
Merit: 220
Option 1 won't linked your identity at all which you are not completely correct. Not all are creating an account with same email. Experts suggested that he/she should use different email on every site related to crypto which is why not all accounts will linked to their identity. So, i think the linking of identity will only happen when same email is used.
full member
Activity: 1904
Merit: 138
★Bitvest.io★ Play Plinko or Invest!
At this time, I believe everyone is looking at the safety assurance of our money, and not that email option could make it safer than having option two (2FA).

If someone/somebody has an interest in your wallet, it surely they crack your keys when you are just having an option 1. Yes, I was experiencing it early this year, I received the notification that someone would like to transfer money out from my wallet. Maybe I was lucky because he/she was not able to get the code from my email and that it change my mind, and I have to config my account and change into a 2FA option. That makes safer than I was thinking about.

Based from the poll, the leading choice is the email based authentication. I am guessing that a lot of users here are not too worried with their account security. Though I prefer to have 2FA at least, but if I know that I will only be playing small amount, email auth is enough for me. Maybe, this is the reason why for some others email auth is more than enough because they are not playing big amounts.
hero member
Activity: 2156
Merit: 803
Top Crypto Casino
Account security and anonymity have major importance in crypto gambling industry. I will explain two authentication processes and their pros/cons that an under-development project is considering. Through this thread I want to take views/suggestions of the community on the better of the two processes. Here are the candidates:

Option 1: Email Based Authentication

Under this option, you will be asked by casino to fill username, password and email id on registration. To increase the security, you will be asked to set-up 2FA authentication. To make withdrawal, you have to confirm email id.

Pros:
Easy to use and remember system.
Easy to retrieve system if password gets compromised.

Cons:
Easy to hack and brute-force.
Identity may be linked if same email is used somewhere else on web.
Always need additional device (phone) to login (for 2FA code).


Option 2: Keys Based Authentication

Under this option, you will be asked to fill username and password on registration. Then a private code (long alphanumeric) will be generated for you and encoded with the help of password you entered in first step. Now you have to store private code somewhere safe. There onward, you have to paste private code and password to login into system.

Pros:
Complete anonymity
Highest degree of security. No one can hack or brute force your account even if database is compromised.

Cons:
Extra care needed to maintain the security of private code.
Since code is not saved anywhere on server side, losing code = losing account.
One mistake and your account is gone.
Impossible to change code. If you give away code to someone over phishing page, etc, then you cannot retrieve/secure the account again.


That's all. Which of the two systems would you prefer as a crypto gambler. Suggestions/views are welcome.


For me, option 1 is better than option 2 as I use the same email to access all my accounts and it is kind of easy to remember. I do not hold a lot in any of my accounts so in case if it gets hacked only a small amount will get stolen.
hero member
Activity: 2758
Merit: 617
Leading Crypto Sports Betting & Casino Platform

Option 1: Email Based Authentication


Option 2: Keys Based Authentication


I will go with the email based authentication. I am a part time gambler and therefore i do not put a big amount of money on gambling sites. So i will prefer an easy authentication method based on email. If i had a lot of money deposited on gambling sites, then for sure the Keys Based Authentication best suited me.
full member
Activity: 1316
Merit: 126
At this time, I believe everyone is looking at the safety assurance of our money, and not that email option could make it safer than having option two (2FA).

If someone/somebody has an interest in your wallet, it surely they crack your keys when you are just having an option 1. Yes, I was experiencing it early this year, I received the notification that someone would like to transfer money out from my wallet. Maybe I was lucky because he/she was not able to get the code from my email and that it change my mind, and I have to config my account and change into a 2FA option. That makes safer than I was thinking about.
legendary
Activity: 2576
Merit: 1248
Till it's crypto related,  2FA from signing message with a crypto-address would be good as it overcomes the common disadvantages encountered with other 2FA methods !
legendary
Activity: 3122
Merit: 1140
Most are using email-based verification. However, option 2 is safer since you will be keeping your private key. However, I don't put to much attention on security when it comes to gambling account, not unless you are keeping a huge amount or have a good background and points/previlage in your account.
Im with this because im not really minding much because i can create gambling account easy and when i bust up then i do forget that account then create another one.

Most sites now do really have that email verification but option 2 is preferable but it doesnt matter that much since we arent storing big amounts into gambling site wallet
and also most of the time, gamblers do blown up their account so it doesnt matter much on giving importance into your account.  Cheesy
hero member
Activity: 1750
Merit: 589
Account security and anonymity have major importance in crypto gambling industry. I will explain two authentication processes and their pros/cons that an under-development project is considering. Through this thread I want to take views/suggestions of the community on the better of the two processes. Here are the candidates:

Option 1: Email Based Authentication

Under this option, you will be asked by casino to fill username, password and email id on registration. To increase the security, you will be asked to set-up 2FA authentication. To make withdrawal, you have to confirm email id.

Pros:
Easy to use and remember system.
Easy to retrieve system if password gets compromised.

Cons:
Easy to hack and brute-force.
Identity may be linked if same email is used somewhere else on web.
Always need additional device (phone) to login (for 2FA code).


Option 2: Keys Based Authentication

Under this option, you will be asked to fill username and password on registration. Then a private code (long alphanumeric) will be generated for you and encoded with the help of password you entered in first step. Now you have to store private code somewhere safe. There onward, you have to paste private code and password to login into system.

Pros:
Complete anonymity
Highest degree of security. No one can hack or brute force your account even if database is compromised.

Cons:
Extra care needed to maintain the security of private code.
Since code is not saved anywhere on server side, losing code = losing account.
One mistake and your account is gone.
Impossible to change code. If you give away code to someone over phishing page, etc, then you cannot retrieve/secure the account again.


That's all. Which of the two systems would you prefer as a crypto gambler. Suggestions/views are welcome.


I used to play gambling and register an account using email based authentication for I believe that I am the only one to have an access on it since it is my account and I do always use 2FA authentication to accompany this email authentication. But it is indeed right that using a single email can track all accounts linked including social media accounts once hacker have successfully get into intruding your email. I do also know key based authentication and for me there are lots of things to do with it since it is a key based and it seems to provide hassle for me although security is much better compared to email based authentication. I think both are best to use and it is just a matter of when and where you would such method to secure your account. But still I do preferably use email authentication for it has no hassle accessing unlike key based. The problem on tracking by using a single email won't be a problem as long as you create an email that is not linked on your social media accounts and just created for playing only. Just be sure to check the privacy and security of the site so that you can avoid your email being hacked.
hero member
Activity: 2688
Merit: 540
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It doesnt matter on which one since i do know on how to keep my account details neither it would be an email or some keys.
It depends on what the site been asking when i do make use of gambling platforms and i do believe this would be the most important
because we cant demand on what sites ask or in terms of security.Of course they do have pros and cons, when you are already aware
of it then you should be sensible into your private or important information so that no one can access it out.
sr. member
Activity: 1596
Merit: 335
Most are using email-based verification. However, option 2 is safer since you will be keeping your private key. However, I don't put to much attention on security when it comes to gambling account, not unless you are keeping a huge amount or have a good background and points/previlage in your account.
hero member
Activity: 3066
Merit: 629
Vave.com - Crypto Casino
I'm used to the first option, the Email based but I'm open for new ideas like the second option which looks promising if you want to maximize usage for anonymity.
We are in the crypto era where we don't know if there's an eye that's monitoring us and if we are careless, we could be their potential victim. I think the private code thing is not that new because we have this already for our private keys.
sr. member
Activity: 1274
Merit: 261
★Bitvest.io★ Play Plinko or Invest!
   Option 1 is most common option, until now I didn't have option 2. And for me it's easier to register
with my e-mail, option 2 sounds a bit complicated for newbies, but it's like setting up a hardware wallet,
if you lose your keys you will stay without your funds.
   If there's an option for choosing option 1 or option 2 I will go with option 2, same like I choose hardware
wallets over online wallets, but until now I had just option 1, with e-mail, and in rare cases I had to do KYC
and verify myself. This question is more for casino owners then for us players.
legendary
Activity: 2884
Merit: 1117
Leading Crypto Sports Betting & Casino Platform
Damn, the poll should have been even, i voted for option2 when in fact i am using the option1 as a gambler.

2FA is enough for me to secure my account and so far i have have no problem with it and you are right it is easy to recover the account whenever we forgot our password as there is an option to recover it using the email we provide.
There's nothing wrong in voting what you prefer, a lot of us use email authentication or OTP because it's the standard in nearly all bitcoin casinos. I don't think there's one casino that have a key based authentication though it would be interesting to try if there is one.
In my 22 years of using internet, I guess blockchain.com(.info) is the only services where I have that key based authentication. I registered with them by 2013 and at that time itself they were providing key based authentications still not sure why no other service providers not copied such a thing.

Authentication type is just the security measurement and it has nothing to do with anything gambling. I guess OP must be studying the opinions of this gambling community which might be leading to implement the most preferred way of authentication method in an upcoming online crypto casino. Probably I would be expecting eagerly another services to long in with key based authentications.
legendary
Activity: 3290
Merit: 1901
Shuffle.com
Damn, the poll should have been even, i voted for option2 when in fact i am using the option1 as a gambler.

2FA is enough for me to secure my account and so far i have have no problem with it and you are right it is easy to recover the account whenever we forgot our password as there is an option to recover it using the email we provide.
There's nothing wrong in voting what you prefer, a lot of us use email authentication or OTP because it's the standard in nearly all bitcoin casinos. I don't think there's one casino that have a key based authentication though it would be interesting to try if there is one.
sr. member
Activity: 658
Merit: 274
Wish for the rain? Then deal with the mud too.
I'll go with key based authentication. Pros of using it are entirely enough, and IMO, that one must prioritize to totally secure his own stuff. It is not that email based are faulty but one slight of an error on clicking something you thought needed, everything you have in there would be in hacker's hand even if it is just a small amount of penny. And in addition, either between the two options user must take an extra care holding his account, and should be held responsible for some sort mistake that might occur. Thus choosing the less prone one is the best idea.
hero member
Activity: 2590
Merit: 644
Among the choices, I would prefer the key-based authentication.  Much better if it is paired with a one-time passkey that is sent via SMS.
^ The same idea but probably any of the two options are still at risk for hackers though option two has additional security that may give you additional protection on your account. We probably consider option two as the better authentication process because it will also help to lessen the damage when hackers access your account. These two options are still prone to hackers we should consider the weight of the damage that a hacker can do once they are able to access our account like with option one using your email that may also be caused identity theft aside from the money you have in your account while with option two there will be lesser damage since your personal identity may not be accessible for hackers. If I will choose these two I prefer to use the key-based authentication. Nevertheless, any of the options you will use still you should always take extra precautions for hackers nowadays are more aggressive and technical than before.
member
Activity: 1120
Merit: 68
In my own opinion, i am now comfortable and used to using email based authentication than key based authentication, even it is prone to hacking because it is more easy to use and it is more simple. I also activate my multi-factor authentication in my email, so i could be alarmed if someone is using my email accounts and other accounts in websites.
hero member
Activity: 2912
Merit: 556
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I guess most of the website using option 1. I have been used option 1 for many websites, and I don't have a problem with option 1. Besides using a different password, I also activate 2FA which is available on the website so I think that can help to secure my account. I think I do not yet have experience with option 2 or I might forget about the registration type because almost the website that I use to register using option 1.

I think each option will have the advantage and the disadvantage, and I guess we don't think much about option 1 or option 2 because if they want to register, they will register without thinking if the system will be better or not. The customer will try to secure their account by following the instruction from the website because they don't want to see their account get hacked.
hero member
Activity: 1106
Merit: 570
I'll go with email based authentication as it also has other measure to ensure your account doesn't get access by others. All they platform I have used also has 2FA security option together with the email option which makes it to be more protected from scammers and very easily to recover incase you lost your security details like 2FA cod. Easily with the recovery phrase you can recover them. Email is the most popular which means it's the security option must gamblers use but don't understand why it's lossing in the poll.
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