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WhatsApp is one step closer to adding email address verification
(www.androidpolice.com)
This is a most excellent place for technology news and articles.
It's not a password it's a one time code to confirm you have access to the phone number.
Still bad. TOTP is better than that.
Like I said, the goal is to verify access to the phone number, because that's the main account identification.
TOTP is not related to the phone number in any way.