Yes, basically it generates a 10-15 digit password and saves it. The means to unlock your account is stored on your computer so if they do get hacked somehow then they aren't able to do much.
I've been meaning to use such a program for a while.
You're told to avoid using the same password across multiple sites, but I do anyway.
Remembering a single password, and a program that can generate very strong passwords is something I'd use!
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