Shield Protocol App — SHIELD 2FA is now integrated to BSC Mainnet.
Greetings to all!!
Today we have arrived at the moment when we create the history. For this historic moment everyone in the team did hard work. Outside the team, everyone in community supported and kept their belief in the team.
First 2FA on the Blockchain is launched now.
Shield Protocol App (Shield 2FA) is First 2FA to integrate blockchain (Binance Smart Chain) for backup of 2FA secrets replacing centralised servers like Amazon, Google cloud, Microsoft azure etc.
This opens the gateway for more innovation on how we can utilize blockchain for daily use apps that are running on centralised servers and databases. In here we can say, Shield 2FA is using Binance Smart Chain as a storage server making Shield Protocol app more advanced than Google Authenticator, Authy etc.
How to activate BSC mainnet to backup the 2FA secrets?
To activate 2FA backup on BSC mainnet is very simple procedure, still we want users to follow and understand steps right from App Download.
Note:- To activate 2FA backup on BSC mainnet users need to have Shield tokens and BNB in their wallet.
Step by step guide:-
1. Download Shield Protocol App from iOS ( Apple Store ) or Android ( Google Play Store ).
2. You can login by creating New wallet or by importing wallet with private key. Click here to watch video tutorial.
3. After login you can add 2FA by simply scanning barcode in desired website (Check sample videos here) or by manually entering secrets if you have already written somewhere
4. Lets suppose you have added 4–5 2FAs, now we will move to activate backup on BSC mainnet.Note:- To activate 2FA backup on BSC mainnet users need to have Shield tokens and BNB in their wallet.
5. Go to backup tab and click BSC MAINNET under Data backup option.
6. In next window your SHIELD balance will be shown with following note.
Note:-
- To enable blockchain $10 Worth of SHIELD tokens will be deducted as a subscription(Lifetime).
- For txn to go through and start sync with BSC network fees will be incurred in BNB (standard network fees).
- Once backup is started and synced to BSC network with current private key, it can only be restored with same key.
- Never share your private key with anyone. It’s your responsibility to store it securely. Company holds no obligation, if you lose your private key and it consequences.
- You won’t be charged subscription fee again while using same private key to Backup and restore for any numbers of times on any new devices. Just network fee will occur everytime you do backup.7. Confirm the action and your Shield token will be deducted to initiate backup process.
8. Now you need to choose encryption method:-
Two-Tier Encryption with is less costly and have low security ( but good enough security)
OR
Four-Tier Encryption with is little bit costly ( not much costly) and have strong security.Testing have shown to cost around <$5 in Two tier Encryption and <$10 in Four tier Encryption. Cost is more than regular txn cost because of Data size travelling. Encryption and security increases data size.
9. On selecting Encryption type, next window will show your Accounts, which you need to select and then click Backup and Agree.
10. Now your secrets are secured on Blockchain (Binance Smart Chain).
11. You can check your backup log by clicking restore button. It will show all backups you did. From restore tab you can restore your 2FA codes when you shift to new mobile. You just need to enter with same private key.
12. To restore data no fees is incurred.
More videos will be released for Backup and restore process on Blockchain.
Smile now 😊😊 !! You are using First 2FA app on the Blockchain.
Spoiler:- We are not finished yet. Another blockchain integration is on the way.
Website: https://shieldprotocol.org
Twitter: https://twitter.com/shield2protocol
Telegram: https://t.me/shield2protocol
Medium: https://medium.com/@shield2protocol
