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Review of LessPass?

Hi everyone,

I just came across this project called LessPass, which doesn't require a database as a back-end and can compute passwords on the fly instead of storing them. The idea really intrigued me, and I wanted to know from the community about the experience of using it - did you run into any troubles with it? How does it compare to more traditional password managers (which would need me to think of a back-up strategy)?

Is it possible to back up your passwords from LessPass? Can you use your own passwords when you prefer to? How are the client programs?

Thanks!

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