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Jupiter Mobile Boosts Security with Biometric Authentication

Jupiter Mobile Boosts Security with Biometric Authentication

AltcoinbuzzAltcoinbuzz2024/10/28 21:11
By:By Victor -Pratik -

Jupiter Mobile is stepping up its game to keep your solana tokens safe

They have introduced a new feature called Biometric Authentication. It helps protect sensitive actions like exporting your recovery phrase or making large transfers.

This means that you can feel more secure knowing that only you can access these important actions on your device.

What is Biometric Authentication?

Biometric Authentication uses your unique physical traits—like your fingerprint or face—to unlock your mobile wallet . Instead of just entering a password, you can now use your fingerprint or face scan. It makes sure that no one can get into your wallet without your permission.

Whenever you try to do something sensitive on Jupiter Mobile, like exporting your recovery phrase (which is super important for keeping your wallet safe) or making a big transfer, the app will ask you to confirm your identity.

Your seed phrase, protected by your identity.

Sensitive actions on Jupiter Mobile are now protected by Biometric Authentication.

Whether you’re exporting your recovery phrase or making a large transfer, this layer of security protects you from unauthorized access on your… pic.twitter.com/TSFCybLGkd

— Jupiter 🪐 (@JupiterExchange) October 26, 2024

Jupiter Mobile has set the default time for Biometric Authentication to 5 minutes. This means that once you log in, you can carry on with your transactions without needing to scan your fingerprint or face again for the next 5 minutes.

However, if you want to tighten security even more, you can choose the “Instant” option. With this setting, you’ll need to authenticate every single time you want to do something in your wallet.

More About Jupiter Exchange

Jupiter Exchange has launched a new voting proposal for the Jupiter DAO, asking community members to decide on increasing the voting threshold, also known as the quorum. Currently set at 60 million JUP, the proposal presents three options: keep the quorum at 60 million, raise it to 120 million, or adjust it to 30% of the staked JUP at the time of each vote.

Proposal: Increase Quorum for Jupiter DAO is live.

You will decide whether or not to increase the voting threshold, also known as the quorum.

The 3 options are below:
1. Leave it at 60mm
2. Increase to 120mm
3. Set it to 30% of staked JUP at the time of each vote.

Vote:…

— Jupiter 🪐 (@JupiterExchange) October 25, 2024

This is an important decision that will impact how future votes are conducted within the DAO, ensuring that every participant has a say in the governance of the community.

Disclaimer

The information discussed by Altcoin Buzz is not financial advice. This is for educational, entertainment, and informational purposes only. Any information or strategies are thoughts and opinions relevant to the accepted levels of risk tolerance of the writer/reviewers and their risk tolerance may be different than yours. We are not responsible for any losses that you may incur as a result of any investments directly or indirectly related to the information provided. Bitcoin and other cryptocurrencies are high-risk investments so please do your due diligence. Copyright Altcoin Buzz Pte Ltd.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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