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RE: Account Recovery - About trusting and not being trusted

in HiveDevs4 years ago

I took an alt account of mine and wrote 'his' keys down offline -jusTinCase-. His owner key shall never ever see the virtual world again if everything goes well.

If something were to happen to me, I'd like my funds to be burned forever. But there ain't no mechanisms for that, and maybe there also should not be added one. An expiration date for votes and delegations would be NEED on the other hand. Even if it's as long as 5years, it seems proper to be handled somehow.

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Thank you for your engagement on this post, you have recieved ENGAGE tokens.

Safest way to go.

Expiration for (witness) votes is coming with HF25.
We already talked about expiration for delegation. This should be implemented post-HF5 with automated actions.

PS: Why burn your funds when dying instead of giving them to a charity (or to me 😀)?

By nature, a death has to be testified by a 3red Party. That means it's critically important to never create an incentive structure around it - like never. It's a pandora's box, don't open it.

cheers !BEER

!ENGAGE 50