What are the advantages of using U2F vs FIDO2 in the cryptocurrency industry?

1 answers

• Feb 19, 2022 · 3 years ago
  FIDO2, on the other hand, is a newer authentication standard that combines the advantages of U2F with passwordless authentication. It allows users to authenticate using biometrics, such as fingerprint or facial recognition, instead of passwords. While FIDO2 offers the convenience of passwordless authentication, it may not be as widely supported as U2F in the cryptocurrency industry. Additionally, FIDO2 may require additional hardware or software support from cryptocurrency exchanges and wallets, which could limit its adoption. Overall, the choice between U2F and FIDO2 in the cryptocurrency industry depends on the specific needs and preferences of the users and the level of support provided by the platforms they use.
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