The document discusses two-factor authentication (2FA) and one-time passwords (OTP) using HMAC-based OTP (HOTP) and time-based OTP (TOTP). HOTP uses HMAC to sign a counter, meeting requirements like being hardware-friendly. TOTP extends HOTP by using Unix time as a moving factor between the prover and verifier, requiring them to share secrets, time steps, and unique keys per user. The document recommends settings for TOTP and contrasts it with random number generators.