Problems with 2FA
2FA only works when:
1. You have a centralized system (Google, Twitter, Exchanges, name it)
2. You are registered and need to login (via email / user name)
This only makes sense if the access password is on a separate device, ie. NOT on your smartphone. If your receive your 2FA password via SMS on your phone, 2FA won't help. The main weakness here is the dependency on the service provider. Even without access to your phone, if your 2FA password is delivered via SMS, all someone needs to do is get access to your phone number. This is easier than you might think. Xumm does not have any of these issues.
Ok, what do you recommend I do then?
XRP Ledger accounts created using Xumm are already incredibly safe but we certainly understand the desire maximize the security of your account. That is why we partnered with Tangem to create the Xumm Tangem card.
Instead of using a hardware wallet, or a static, written down secret (that can't be used easily), the Xumm Tangem cards contain a chip and use NFC (near field communication
). The chip generates
an account secret, while being powered using NFC (by your iOS/Android device). This means the cards are shipped without an account secret on them, and can only be generated on the card, by the owner of the card. The chip used in Xumm Tangem cards offers bank grade security and have been fully audited.
If you are interested in learning more about the cards, check out this article:
We understand that you might have additional questions regarding this topic so you are welcome to contact us any time via the Xumm Support xApp in Xumm or you can simply scan this QR code with Xumm and be directed there automatically.