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RE: Password Security: You're the Problem
Hard drives die, laptops get stolen, fake software is put out there. I think Steemits insistence on people using huge complex passwords in combination with password manager software ... is going to simply swap the problem of hacked accounts, and create a problem of lost passwords.
Possibly, but if that was the case, password management software companies like 1Password wouldn't be successful. This stuff works, and it works fairly well. It's also becoming easier over time as they improve the interfaces.
Ugh the whole thing is a mindfuck. I'm guessing the STEEM blockchain can be addressed a gazillion times a second, so there is no way to do something like disable a wallet for 24 hours after a number of failed access attempts? Sorry, this shit is mostly over my head.
Check the "groundbreaking account recovery solution" link in the original post. That's, in a sense, what you just described.