I recently tried out a decentralized private messaging tool, it didn’t ask for my personal information to register.

Instead, it only asked me to create a username and set a password, after which it provided me with a mnemonic passcode. (I had never used a mnemonic passcode before, but I learned that it’s a web3 or decentralized type of thing.)

On their FAQ page says “The Mnemonic Passcode is your ONLY SOURCE of backup in a scenario where your device breaks down or becomes unusable due to any reason. In such cases, all you need is your Mnemonic Phrase to recover all your account information. It must be copied, screen-shotted, or written down and kept in a safe and secret place until it is needed.”

Does Mnemonic Passcode more secure than usual password? Plus, is there any other ways to keep you mnemonic phrase?

  • 7Sea_Sailor@lemmy.dbzer0.com
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    1 year ago

    Classic password managers are not decentralized, and why would they be? If you’re worried about storing your credentials on one central server (the official one), there are plenty of very good options for selfhosting a password manager on your own infrastructure. I will always point out the Vaultwarden project, an implementation of the Bitwarden API thats very efficient on ressources and works near flawlessly with all apps and extensions. A wonderful addition to your homelab or VPS.

    • c1177johuk@lemmy.world
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      1 year ago

      I can’t recommend KeepassXC enough. And it’s not even hosted either, it’s a simple keepassxc database file. Sharing it across devices is done using any file server or service you want to use.

      • kill_dash_nine@lemm.ee
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        1 year ago

        After having gone to solutions that allow for simple and seamless password sharing between users, it’s hard for me to go back. Last I checked, none of the Keepass solutions could really seamlessly share passwords and have them update in some fashion without manual user intervention. That being said, I used it for a long time in my Dropbox and then Own/Nextcloud before moving to a password service, Lastpass and then Vaultwarden after the Lastpass security fumbles.