One of the software products we use at work is ARIS. It is an business modeling suite of tools written in java. To activate it, you have to enter a 256 character license-key. Why would you need a license-key that has more possible combinations than there are atoms in the universe when you have only tens of thousands of licenses sold? A possible answer is that it is incredibly safe.
But is a 256 character license-key more safe than, let's say, a 10 character one? A 10 character key is something you might be able to remember, which with a 256 character key it is virtually impossible to do. So that means it is safer to use right? Well, a 10 character key can be typed into the license-key registration box by hand. For the 256 character key you'd need either a highly accomplished and very unimaginative touch typist, or use cut-and-paste. And when using cut-and-paste, it means that you've already stored the key electronically, so it is easily swapped with co-workers. This really diminishes the value of the license-key since you now need only one instead of many. It really feels penny wise and pound foolish.
Zaaf
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