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TagsWhat are the advantages of using U2F vs FIDO2 in the cryptocurrency industry?
Abraham AvilaMar 18, 2022 · 3 years ago1 answersCan you explain the benefits of using U2F compared to FIDO2 in the cryptocurrency industry? How do these two authentication methods differ and what advantages does U2F offer specifically?
1 answers
- 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.Mar 18, 2022 · 3 years ago
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