Password Managers are Not the Best for Protecting Blockchain Keys. Yet.
There’s no question that everyone should be using a password manager to put better credential management best practices into play. But should we be using those same password managers to protect our blockchain secrets? Probably not. At least not yet.
Why are Blockchain Keys and Wallets So Vulnerable to Loss?
As secrets go, blockchain account private keys, wallet passwords, and mnemonic wallet recovery phrases are very different from one another. But losing any of them can be catastrophic which is why they deserve special protection.
How the DeRec Protocol Securely Prevents the Permanent Loss of Your Most Important Secrets
When it comes to protecting secrets, you’re damned if you do and damned if you don’t. If you protect a secret by sharing it, it could get compromised. If you don’t share it, you might lose access to it. Fortunately, the DeRec Protocol solves for this catch-22.
Why Not To Trust a Lone Entity – Even Yourself – To Best Protect Your Secrets
Whether its a password manager, a friend, another custodian, or ourselves, we often pick someone we trust to help us protect our most important secrets. All of these choices involve serious risk.
What Are Shared Secrets and Why Are They So Tough to Manage?
Most people don’t think of their passwords and other credentials as shared secrets. But, as it turns out, in order for us to login to most of the websites and apps we use, we have to share our secrets with them too. And once we do that, we should assume that our secret is no longer a secret.
The Decentralized Recovery Protocol is Complementary to Password Managers. Here’s Why.
Contrary to some misperceptions, the DeRec Protocol is not a substitute for passwords managers. Nor are password managers substitutes for the DeRec Protocol. They’re complementary to one another.
What is Decentralization and Why It Matters to the Protection and Recovery of Secrets
Yes, decentralization is a concept that lives at the center of the web3 world. But, as it turns out, decentralized architectures apply to all sorts of things (including protection of secrets)
Calling All Wallet Developers: Protect Your Users with the DeRec Protocol
Cryptocurrency wallets lack a built-in safety net to protect users from the loss of all their assets. The DeRec Protocol offers all developers an open royalty-free way to close that terrible gap.
Understanding the Types of Secrets That Can Be Protected with the DeRec Protocol
The Decentralized (DeRec) Protocol is unlimited in the types of information and secrets it can protect. Passwords? Check. Mnemonic recovery phrases? Check. Private keys? Check. Grandma’s spaghetti recipe? Check.
Charles Hoskinson and Dr. Leemon Baird Discuss the Decentralized Recovery Protocol
Cardano founder Charles Hoskinson and Dr. Leemon Baird took the stage at HederaCon to discuss the need for the Decentralized Recovery (DeRec) Protocol and the future of the DeRec Alliance.