AlgoPass - Password Manager on Algorand Blockchain
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Extension summary
AlgoPass is an open-source password manager that leverages the Algorand blockchain to securely & conveniently store your sensitive data. It uses the note field of zero-ALGO transactions to store your usernames and passwords (which are encrypted with your mnemonic passphrase).
Why is it special?
When you use a traditional password manager, you need to trust that the service provider has secure servers and that they have no intention of selling your data.
Using the Algorand blockchain as a password manager completely removes this requirement of trust: the only person you need to trust is yourself. Its superior decentralized nature also ensures there is no single point of failure for malicious attackers to target.
How does it work?
Everything happens in your browser and on the Algorand blockchain. When you first install the AlgoPass extension, an Algorand account is generated - the secret key for this account is encrypted using your master password and stored in your browser.
The secret key serves two purposes:
- Encrypting the note field of your transactions (which contains your passwords to be saved)
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Extension safety
Risk impact
AlgoPass does not require any sensitive permissions.
Risk likelihood
AlgoPass has earned a fairly good reputation and likely can be trusted.
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