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RE: Master Key Magic Making

in #recovery5 years ago (edited)

I have a question: if you generate the private keys for your ex-friend with your master password that are (owner,active,posting and memo). Does it means that the new account doesn't have a own master password? Do I understand well?
Edit: That's strange I definitely didn't understand..ops :)

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Yes, basically.
The master password would be the one you used,
and you wouldn't tell them what it was because you use it for multiple accounts.
So they'd have a master password but they wouldn't know it (or need it)

They can always change all their keys later (including the master) with the owner key.

Rather, they'd generate a random Master Key on their own and then sign it with the old owner key to make it official and change all their keys.

ahhhh ok so they are like some child account created by one. I didn't know that.
So they have to guard all their keys...(I mean recently I changed my recovery account and I didn't have my owner key so I use my master pass to see it on Peakd), otherwise they will tell you to give their keys again.
Anyway thanks for the explanation, and good luck with your script, I think it is a cool thing!
Bye