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Author Topic: Keep your device safe  (Read 190 times)
Onuohakk (OP)
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November 07, 2018, 02:06:36 PM
 #1

The essence of keeping your device safe is of utmost importance especially when you are a crypto enthusiast.

Cryptocurrency is a decentralized system meaning it's not controlled or regulated by any central bank in other words you are you own bank and the task of securing your possessions is up-to you.

       Keeping your device safe
Your device is an important material when active in cryptocurrency and you ought to protect it from invaders.
There are traditional ways of doing that like the very popular password and pin code also the finger print and facial recognition. Now the question is are this ways completely safe? The answer is NO a one time password can be easy broken by invaders.

2 factor authentication
This is an additional protection to your one time password with its double authentication process.  If you get burgled by cyber thief's or hackers with 2fA authentication can keep you safe every device needs a 2fA authentication get more information here
 https://en.m.wikipedia.org/wiki/Multi-factor_authentication.

Enabling 2fA authentication on your device is not so complicated you can just get step to step instructions here https://support.blockchain.com/hc/en-us/articles/211164103-Enable-2-Step-Verification-2FA-
You can watch videos about it here
https://www.google.com.ng/url?sa=t&source=web&rct=j&url=https://www.theverge.com/2017/6/17/15772142/how-to-set-up-two-factor-authentication&ved=0ahUKEwjW6aPjuMLeAhXpwYsKHbkuAx4Qo7QBCCYwAQ&usg=AOvVaw3z68ILJiUuWUs5tKtvlrig
https://www.google.com.ng/url?sa=t&source=web&rct=j&url=https://www.wired.com/story/two-factor-authentication-apps-authy-google-authenticator/&ved=0ahUKEwjW6aPjuMLeAhXpwYsKHbkuAx4Qo7QBCCQwAA&usg=AOvVaw3-DY-0Nxvrn__bpQTMA8Za

Your device contains vital properties like your account, wallet and more you ought to protect it

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molecularman
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November 07, 2018, 02:15:13 PM
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I can appreciate the merit hustle -  but you really have to put more effort into this.

Ask yourself:   am I providing anything new to people?     Am I breaking something down in such a way that would really help others?


If the answer is no,  maybe rethink and try again.   

Your signature here
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November 07, 2018, 02:30:34 PM
 #3

Going through the link I must say I have gained a lot and I have already enabled it on all my devices. I previously use a particular one time password previously and that threatened my device well if 2fa authentication is what is it then I would be safe. Thanks

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mk4
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November 07, 2018, 03:28:33 PM
 #4

I can appreciate the merit hustle -  but you really have to put more effort into this.

Ask yourself:   am I providing anything new to people?     Am I breaking something down in such a way that would really help others?


If the answer is no,  maybe rethink and try again.   

Pretty much this. It's so obvious if people are posting topics just for the sake of hopefully getting merit.

@OP If you're going to create a topic which has a lot of similar guides on the internet, at least put a lot of effort onto your post to make it better at least?

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DdmrDdmr
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November 07, 2018, 03:42:42 PM
Merited by mk4 (1)
 #5

<…>
Unfortunately, the arguments to the security factors you mention are superficial for such an important topic, and really should be explained in much greater detail to be of practical use.

On the topic of 2FA, one needs to consider that it is just as important to set 2FA to add an extra layer of security to your accounts (the ones that support it), as it is to be thorough on keeping a copy of the 2FA backup codes that are provided every time you protect a new account with 2FA. Losing or having your 2FA device stolen (normally your phone) will require quite some effort to get it re-established normally, leaving you without access to your 2FA protected accounts while you restore your 2FA access to each and every account you protected. When I mention accounts here, I mean all sorts of accounts (email, exchange, etc.), not Bitcointalk accounts which currently cannot be protected by 2FA.

Google Authenticator is one of the 2FA app options you’ve got on the market, but lacks a built-in backup mechanism and therefore relies on you following the protocol and writing down and storing the backup codes. Authy is another 2FA application that has advantages over Google Authenticator, such as a cloud backup of your 2FA settings, and the possibility of using it over multiple devices simultaneously.

The above is just a few of the additional things that should likely be mentioned in order to give a clearer view of 2FA. There are some posts with further content on the topic on this forum, such as:
[Guide] How to Enable 2FA using Google Authenticator!.
2FA - Important Precautions with Google Authenticator.

And while we’re at it, there’s a very good guide to Bitcointalk account security itself: Bitcointalk account security.
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November 07, 2018, 04:01:16 PM
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dear can we using 2fa to bitcointalk account ?
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November 07, 2018, 04:10:01 PM
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dear can we using 2fa to bitcointalk account ?
No, I just pointed it out in the above post. There is no 2FA related to Bitcointalk accounts, although it has been requested multiple times. It will/may likely be introduced in the new forum software, whenever that comes to life, but for now, the best one can do is follow the guidelines pointed out in @sncc’s guide: Bitcointalk account security.
Onuohakk (OP)
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November 07, 2018, 04:14:33 PM
Last edit: November 07, 2018, 05:52:25 PM by Onuohakk
 #8

<…>
Unfortunately, the arguments to the security factors you mention are superficial for such an important topic, and really should be explained in much greater detail to be of practical use.

On the topic of 2FA, one needs to consider that it is just as important to set 2FA to add an extra layer of security to your accounts (the ones that support it), as it is to be thorough on keeping a copy of the 2FA backup codes that are provided every time you protect a new account with 2FA. Losing or having your 2FA device stolen (normally your phone) will require quite some effort to get it re-established normally, leaving you without access to your 2FA protected accounts while you restore your 2FA access to each and every account you protected. When I mention accounts here, I mean all sorts of accounts (email, exchange, etc.), not Bitcointalk accounts which currently cannot be protected by 2FA.

Google Authenticator is one of the 2FA app options you’ve got on the market, but lacks a built-in backup mechanism and therefore relies on you following the protocol and writing down and storing the backup codes. Authy is another 2FA application that has advantages over Google Authenticator, such as a cloud backup of your 2FA settings, and the possibility of using it over multiple devices simultaneously.

The above is just a few of the additional things that should likely be mentioned in order to give a clearer view of 2FA. There are some posts with further content on the topic on this forum, such as:
[Guide] How to Enable 2FA using Google Authenticator!.
2FA - Important Precautions with Google Authenticator.

And while we’re at it, there’s a very good guide to Bitcointalk account security itself: Bitcointalk account security.


I must say the post has actually achieved it's purpose thanks to this matured reply it's classical and I appreciate i would put more effort in future

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November 07, 2018, 05:54:53 PM
 #9

Does we use 2FA on ethereum wallet.
You opened a thread yesterday on the same topic in the Altcoin Discussion board, and got 13 answers there so far (see 2FA For Ethereum).

Even so, I don’t know what wallet you are considering to store your ETH and ERC-20 tokens, but in my opinion, the safest would be to use a hardware wallet such as Ledger Nano S or Trezor. These act as a 2FA in a sense, since they require you to have the device physically plugged in and feed the security code to unblock it before accessing it’s content through MEW for example. You need to consider the price though; Ledger Nano S is around 100$ currently.

MEW (MyEtherWallet) has not inherent 2FA (see Can I turn on 2FA for MyEtherWallet?), since it is a client-side application, not a server side one with a client access. That is the case with most wallets I believe.

Online wallets are therefore more likely to have 2FA (since there is a client and a server side to them). Such is the case of a wallet called Blockchain.info, which supports 2FA and allows you to store BTC, BTH and ETH (but not ERC-20 tokens). Then of course these wallets are online wallets, and therefore they keep your private keys, not you …

Take a look a this thread to get an idea of the different types of available wallets and their advantages/disadvantages: Bitcoin Wallets - Which, what, why?.
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November 07, 2018, 06:23:17 PM
 #10

Does we use 2FA on ethereum wallet.

Do you mean electrum?
If so then it depends on how secure your computer is. If you’re going to download random executables or visit dodgy porn/piracy sites, then yes 2fa is necessary,
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November 07, 2018, 06:28:14 PM
 #11

The post had an idea but there was no direct elaboration on the topic but the link provided was actually helpful in another sense 2fa authentication is an important topic and it needs to be address with more extensively

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