Doesn't creating a masterkey password on Kraken void the protection of 2FA?

0

Kraken allows users to create a masterkey that is just a password. Wouldn't creating a password to bypass 2FA completely negate 2FA?

Ryan

Posted 2018-01-05T07:09:57.953

Reputation: 3

Answers

0

Yes. Your right.

A lot of 2FA/U2F enabled websites/webservices have such "recovery" methods. 2FA/U2F only works in the right way when you can't recover your login credentials if your second factor has been lost/not-available.

Jonas Schnelli

Posted 2018-01-05T07:09:57.953

Reputation: 5 465