Post
Topic
Re: [ANN][ZEL] Zelcash : INNOVATIVE-INTELLIGENT-INSPIRING Cryptocurrency - zkSNARKs
by
trial123
on 08/01/2019, 14:56:50 UTC
question on multi-asset wallet.

can you create multiple instances of the same wallet from different machines?  ie, is each instance unique or can you tie them together with the same userid?  tia!

You can log into your ZelCore account on any device you wish. On a new device, register a local account using the EXACT same username and password for your account, then login and you have access to the same wallet.

Thanks...so that means username/pword are stored centrally somewhere right?  Not sure I like that.

Nothing is stored or transmitted (we are also very against centrally storing any user info so we do not do this practice at all). The username and password are hashed together to create a master private key to access the wallet, and all the hashing functions are performed locally on your device. This is also why there is no recovery option if you lose your login credentials so store them securely, best is pen/paper and in a very secure place.

Here is an article explaining the account system, decentralized 2FA system, and the Easy Login via biometrics or passphrase
https://medium.com/@ZelOfficial/zel-id-security-features-of-the-zelcore-multi-asset-wallet-9c2959dbb6bc

Thanks for clarifying.  Since login info is used as the unique seed, if a user chooses a poor user name and password (ie. admin/abcde) or if by chance another user has the same username/password combo funds could be compromised.



Correct. Its similar to logging into mobile banking website. Always use a unique and strong set of login credentials