
Master Password is a completely new way of thinking about passwords.
It consists of an algorithm that implements the core idea and applications for various platforms making the alogirthm available to users on a variety of devices and platforms.
Master Password users have no more passwords. They have a password. Their password is their single master key for unlocking all doors.
As a Master Password user, there are about three steps to entering any site:
Most browsers will then ask you to "save" the site's password. For most people, this is a good idea and will subsequently allow you to log in without having to use Master Password at all.