You are viewing a single comment's thread from:
RE: A small dive into EOS: First up, why is there no Account Recovery System?
The beauty of the Steem Account Recovery system is that you decide who the Recovery Account is. It could be a friend or relative or just another account that you control.
The Recovery Account cannot temper with your account without access to your private keys.
I like it. As we have the ability to lock up funds, on Steem and EOS it makes sense to have a disaster recovery mechanism should the account get compromised. Who wants to be the guy that gets hacked and has 13 weeks to watch someone slowly siphon funds out of their account?
Interesting thoughts. This is the first time I’m hearing about the account recovery system of Steem, and dozens of questions are popping up in my head.
For starters, who ensures that the person I have chosen for my recovery is not compromised in the first place? Isn’t that a way around to getting hands on your account?
Another is that, when one makes use of the account recovery, does it involve application specific recovery like Steemit or dtube and the rest, it is it recovering your identity in the base layer blockchain?
I apologize in advance if these questions seems too silly, I’m just hearing about it from you.
Thanks.
Great info @nanzo-scoop
Posted using Partiko iOS