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RE: VSC and Hive Accounts - Explainer

in #vsclast month (edited)

In simple words, you are in charge of the security of your account.

If someone creates a VSC account via email and their email gets compromised, can the hacker get access to the VSC account? My logic says yes, which means not all login methods are equally secure. It's of course why you said what you said above, but will potential Web 2 users be aware of the potential risk, since it's one thing to lose access to your secondary email and another to lose access to your money?

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That's correct. We will need to put an emphasis on using metamask or hardware wallets as opposed to social login. It might make sense to even notify them directly when they go over a certain limit to use a proper wallet or risk fund lost. For most people they won't have enough balance to be of huge risk. The social logins are mainly geared towards getting users from 0 to 1 in crypto, not getting from 1 to 10

The social logins are mainly geared towards getting users from 0 to 1 in crypto, not getting from 1 to 10

I agree. They are great for making the initial crossover from Web 2 to Web 3 easier, but not as a continued method of operation after some time.

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