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RE: Hacked? How to check & change your vesting route

in LeoFinance3 years ago

This happened to me. I had accidentally posted a key into a post back in the early days and it was immediately grabbed by a scammers bot who instantly started a powerdown on my account. I was able to get it stopped with the help of my favorite witness, and the scammer only got 8 liquid Steem from my account. I never powered down until after the Hard Fork to Hive and because that scammer had set a vesting route years before, my first Steem powerdown of over 800 Steem went to him with no chance of recovery.
Checking your vesting route is GREAT advice!

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This is why it is critical to never use your master key for any reason unless it is recovering your account or changing password. Every time you use that key you put your account at risk.

This is also another reason to store liquid funds on an alt that you typically don't log into (aka Cold Wallet), you can send funds without ever logging in. I would only recommend this if you have a significant amount of Hive/HBD you need to protect. For a couple Hive I wouldn't worry about it.

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A lot has changed since those early days when it was necessary to use your master key for some functions and it was still possible to accidentally post keys.
It taught me a valuable lesson and these days I don't keep any more liquid than I would be willing to loose, but your cold storage idea is a great safety solution.