I find it to be very annoying with all the password changes. This technique with a string as a password feels very outdated, for how long has this old technique been used? I feel that a new technique is needed. Hopefully it wont take too long before one emerges.

My vision. For instance, one password to rule them all or something like that. You sign in to a little service that stores all your passwords and changes them for you and has contact by some service to the applications you are using. You log into this service with a password and that password you have to handle yourself but this service handles every other service requiring a login and pass, of course these applications and websites you want to your service to handle needs to support it. It all needs to be open source of course so that everyone who wants to host a multi password service can do so and you can chose which supplier to trust. Something like that.