Valve Should Introduce Blockchain-based Authentication For Steam Users
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Valve Should Introduce Blockchain-based Authentication For Steam Users

THELOGICALINDIAN - Steam is one of the best accepted gamingrelated platforms in the apple these canicule As a aftereffect of that acceptance Steam is additionally alluring a agglomeration of exceptionable absorption from hackers and phishers According to capacity appear by Valve almost 77000 Steam accounts get hijacked on a account base Even admitting Valve makes twofactor affidavit for ingame account sales binding now blockchain technology could comedy a above allotment in creating a bigger band-aid

Also read: Microsoft’s The Mall Could Easily Integrate Bitcoin Payments

Steam Account Hijacking Is A Big ProblemBitcoinist_Steam

Being one of the world’s best accepted gaming-related platforms can be both a absolution and a anathema at the aforementioned time. Steam is the go-to abode for best PC gamers who appetite to comedy video amateur alone, or alike with friends, and analyze their in-game achievements with others. But the best acute aspect of Steam is the advantage to acquire rewards by playing, such as trading cards and added in-game items.

Steam users can again go to the Steam marketplace, and advertise these items for absolute money. This abstraction has admiring the absorption of hackers who appetite to aperture user accounts in an attack to abduct these admired rewards and accelerate them to a altered account. While best of these items may alone be account a few cents, assertive backing are account added than 100 euros each.

Valve has released some official numbers, and it turns out an boilerplate of 77,000 accounts are afraid every month. In fact, the aggregation goes as far as advertence how this “business model” has become absolutely advantageous for internet criminals. To anticipate added corruption of user accounts, Valve has alien binding two-factor affidavit back accessing the Steam marketplace.

It is not the aboriginal time two-factor affidavit is alien to the Steam platform, as the Steam Guard Mobile Authenticator has been accessible for absolutely some time now. However, best gamers are not application this added band of protection, admitting the accessible it offers to ensure user accounts are kept safe at all times.

Steam users who do not accredit two-factor affidavit will accept to adjournment a few canicule until their exchange trades are completed. This [minor] adjournment will acquiesce Valve to define any apprehensive action associated with the barter or auction of the item(s) in question, and ensure user aegis at all times.

Blockchain-based Authentication SolutionBitcoinist_Valve Steam Blockchain Authentication

It is no abstruse that the Bitcoin blockchain can be acclimatized to clothing around any abstruse charge that comes to mind. Added than powering the banking balance aspect of the Bitcoin network, the blockchain can be acclimated for decentralized communication, book sharing, and assorted added purposes. A new anatomy of user affidavit is one of the possibilities account attractive into.

By application a blockchain-based affidavit system, there would be accurate affidavit of a Steam user actuality who they affirmation to be. Mobile 2FA is a appropriate band-aid for now, but it can be bulky for a lot of users. Blockchain-based solutions are not invasive, and attainable to anyone in the world. Companies like BitID are alive appear accomplishing that ambition already.

What are your thoughts on these countermeasures by Valve? Has your Steam annual anytime been hacked? Let us apperceive in the comments below!

Source: Tweakers (Dutch)

Images address of Steam, Valve, Shutterstock