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Author Topic: This is why you enable 2FA.  (Read 2807 times)
Shiroslullaby
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September 10, 2016, 01:10:39 PM
 #61

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.

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coins101
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September 10, 2016, 01:17:40 PM
 #62

I have something to say on this issue, but I'm out. Will post later.
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September 10, 2016, 01:21:10 PM
 #63

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
Digitalbitcoin
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September 10, 2016, 01:29:59 PM
 #64

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 ?
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September 10, 2016, 02:22:17 PM
 #65

..





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.
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September 10, 2016, 03:07:20 PM
 #66

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.

septian44
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September 10, 2016, 03:24:15 PM
 #67

..





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.
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September 10, 2016, 04:30:50 PM
 #68

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
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September 10, 2016, 07:02:16 PM
 #69

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.
BitcoinSupremo
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September 10, 2016, 07:15:48 PM
 #70

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.
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September 10, 2016, 07:18:27 PM
 #71

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.
pakitz
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September 10, 2016, 07:48:58 PM
 #72

i ddnt use 2FA to avoid hassle.. but reading this post made me want to use 2FA for my own security againts hackers..
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September 10, 2016, 07:52:02 PM
 #73

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.
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