I'm a strong advocate of the quote "If ain't broken , don't fix it" . I don't actually see any thing wrong with the previous passwords but I guess Microsoft may have their own reasons for doing that. Don't get scared that you'll use a computer without security. There's always an alternative - PINS, Facial Recognition and BioMetrics.

In Windows 10, Microsoft has invested heavily in the field of security and access control to its operating system.

The latest build dedicated to the Insiders now brings a unique novelty: Windows will abandon the passwords. However, this new feature is, for now, limited to Windows 10 S only.
The insider builds usually bring new features that Windows 10 will debut later.

In the newly arrived build 17093 Microsoft wants to end the passwords and start using authentication through the Microsoft Authenticator app.

The end of passwords and the use of other authentication mechanisms, simpler and, at the same time, more secure as well.

 Microsoft’s own Authenticator application or other biometric mechanisms will be enough to allow you to access Windows 10 or any other area that requires user authentication.

Microsoft wants to go further and remove passwords from all over Windows.
With this change, everything is focused on what the tech giant Microsoft’s Windows Hello has to offer, from facial recognition to the use of the PIN to unlock.
This is the tech giant Microsoft’s first step toward removing passwords, delegating biometric sensors to all authentication processes.

For now, it is only available in the tech giant Microsoft’s Windows 10 S only, but will probably be extended to the remaining versions.

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