create account

RE: A bit of a rant. by pfunk

View this thread on: hive.blogpeakd.comecency.com

Viewing a response to: @antisocialist/re-theycallmedan-qww14b

· @pfunk · (edited)
$1.96
The piano hanging above Hive in the form of exchange custody tokens can't snap and instantly fall. It's more like a grandfather clock weight, because now there's a 30 day period during which any potential stake-based attack can be calmly evaluated and mitigated.

I'm still not comfortable with the potential economic fallout that exchanges risk by not bothering to use cold accounts (Binance, Bittrex, and more). And to be clear, their cavalier and lazy token handling isn't a big risk to them, but it's a risk to Hive and those who own the tokens. I don't like how that risk is externalized to us and we haven't done more to strongly remind them of better security practices.
👍  , , , , , , , , ,
properties (23)
authorpfunk
permlinkre-antisocialist-qwwfxc
categoryhive
json_metadata{"tags":["hive"],"app":"peakd/2021.07.2"}
created2021-07-27 10:31:57
last_update2021-07-27 10:37:45
depth2
children1
last_payout2021-08-03 10:31:57
cashout_time1969-12-31 23:59:59
total_payout_value0.980 HBD
curator_payout_value0.978 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length677
author_reputation221,632,045,904,452
root_title"A bit of a rant."
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id105,149,102
net_rshares3,025,278,783,584
author_curate_reward""
vote details (10)
@antisocialist ·
$1.31
I'll be sooo glad when our dex's replace the cex's.
I've been using blocktrades for anything hive related and stealthex for other coins.
If one of those exchanges was 'hacked', a soft fork could mitigate this?

I'm betting a 'not your keys, not your coins' day would burst some cex bubbles.
What happened to those, anyway?

I'm most worried about a bot army coming out of nowhere and running amok.
Or, being here already and getting large enough to eat the rest of us.
I'm guessing code is available that can exclude any accounts involved in such an attack once implemented by a soft fork?

Is anybody watching?
👍  , , , , , ,
properties (23)
authorantisocialist
permlinkre-pfunk-qwwwjn
categoryhive
json_metadata{"tags":["hive"],"app":"peakd/2021.07.2"}
created2021-07-27 16:31:00
last_update2021-07-27 16:31:00
depth3
children0
last_payout2021-08-03 16:31:00
cashout_time1969-12-31 23:59:59
total_payout_value0.654 HBD
curator_payout_value0.653 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length612
author_reputation275,286,974,275,650
root_title"A bit of a rant."
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id105,154,263
net_rshares2,026,180,362,723
author_curate_reward""
vote details (7)