Passkey technology is based on the WebAuthn standard established by the FIDO Alliance, utilizing asymmetric encryption principles. During the initial setup, the device creates a pair of public and private keys, with the private key securely stored locally and not uploaded to the network, while the public key is registered on the server. Each time the user logs in, the device uses the private key to sign a challenge message from the server, which the server verifies using the corresponding public key to confirm identification, eliminating the need to transmit passwords and preventing information interception.
Users typically unlock private keys using biometric recognition (fingerprints, facial recognition) or device passwords to implement access control, preventing unauthorized logins even if the device is lost. Passkeys are inherently resistant to phishing attacks, as counterfeit websites cannot obtain valid public keys to match user identification. More importantly, Passkeys support cross-device synchronization, relying on secure clouds like Apple iCloud and Google Cloud to ensure a seamless experience across multiple devices.
In contrast, traditional passwords often pose security risks due to their complexity, ease of forgetfulness, and repeated use; while mnemonic phrases are secure, they are not user-friendly for the average user, prone to errors, and once lost, it is difficult to recover assets. Passkey, on the other hand, requires no user to remember sensitive information, significantly optimizing the user experience and avoiding common issues of leakage and attacks.
Multiple Web3 wallets like MetaMask are beginning to integrate Passkey, allowing users to easily and securely access on-chain assets and platforms just like unlocking their phones. This technology lowers the entry barrier to the crypto space and increases the attractiveness of projects to newcomers and average users, and it is expected to become a mainstream standard for identification in the future.
With platforms like Apple, Google, and Microsoft promoting Passkey, it is expected that the encryption industry will rapidly become popular. However, it is important to note that:
Passkey is not only a technological revolution in identification but also a key to creating a secure, convenient, and seamless user experience. For the cryptocurrency and Web3 sectors, adopting Passkey will effectively enhance security protection and promote ecosystem adoption.