I just discovered something disturbing about Steemit's handling of our private keys. I hope there's something I'm missing and maybe you can clarify.
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I just discovered something disturbing about Steemit's handling of our private keys. I hope there's something I'm missing and maybe you can clarify.
I am not sure. I guess the question is what key are they keeping?
From what I understand, only the original posting key is with them since that is used for account retrieval. I dont think they keep the others like the master key but I could be wrong.
If this is true, then they cant do anything with the money. However, if they do keep all keys, what he says is true.
No need to worry, Steem keeps only the posting key, @taskmaster4450 is right, the master key is immediately discarded. Here you have an old post by steemitblog about password management: https://steemit.com/steemit/@steemitblog/steemit-to-update-password-policy
Thanks for the clarification. Maybe someone should explain this to NS James before FUD spreads around. Can I copy this to my post on this subject?
Of course you can.