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Posted on • Originally published at daobet.org

Resource Management Feature and 2FA Disabling by Mnemonics

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When it comes to managing resources, prudence and a careful approach to ensuring full use of all of the technical capabilities of the hardware are key. The DAOGroup team knows all too well how its users treasure the opportunity of fully and freely disposing of all of their available resources and is acting by introducing a number of important features in the latest release of the DAOWallet.

The resource management feature is being introduced in full to provide users with more functions for disposing of their digital assets. Basically put, staking is the purchase of CPU, NET and RAM resources. Those resources are needed for carrying out transactions in the DAOGroup ecosystem for users and dApps.

It is a dangerous world out there and an even more dangerous online environment, where unscrupulous individuals are always trying to get their clammy hands on the personal access data of honest users. Security features are the key to maintaining the safety of user funds and keys. Since staking is an additional security feature, DAOWallet will be implementing it as well.

But the problem of security is exacerbated by the fact that users are often careless themselves in adhering to basic security protocols. It is common for users to lose devices with 2FA features or uninstall the applications for 2FA, either making their data openly available to anyone willing to take advantage of it or losing access to their own data.

We at DAOWallet have security and convenience in mind all the time and have thus introduced the function of 2FA cancellation by recovery phrase. Such an approach makes DAOGroup-connected applications even more secure, even in case the user loses their device.

The DAOBet blockchain is continuing to develop as new functions are constantly being added with more to come. As Shakespeare’s Iago said, “There are many events in the womb of time, which will be delivered.” The same applies to DAOGroup and its many products. Stay tuned for more news and updates.

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Join our social media to keep up to date with all the announcements: Twitter, Facebook, and LinkedIn.

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