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RE: Should a small-percentage immediate-power-down option be added to HIVE to increase baseline liquidity, to resist against pump-and-dump manipulations?

in Proof of Brain • 3 years ago (edited)

Thanks!

Excellent info!

I didn’t think about the hacking vulnerability.

Perhaps let folks set their own delay, anywhere from immediate to 7 days.

And of course any changes to that timeframe would be subject to the same delay.

3 years ago in Proof of Brain by
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     3 years ago  

    Yes ... btw, Hive has an account recovery option, trugh a second account that users set as an recovery account ..., this is an amazing feauture for crypto and very understamated :)

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       3 years ago  

      Yes, I was just reading a few days ago about the automated account-recovery system @arcange put together to make that process more robust (to eliminate the 'middleman' from the process).

      Here's the post.

      Pretty amazing what the folks in this community have done!

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       3 years ago  

      I would say that I didn't remove the middleman but turn it into a middlebot 😉

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