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RE: Why don't we take on Reddit?

in Ask the Hive3 years ago (edited)
  1. Interesting idea that if they are not real owners of their account (aka "custodian accounts"... because let's be honest here they are NOT actual owners of their own accounts... whoever has the keys is) that perhaps the beneficiary could be partly peakd or maybe partly null or maybe a community pool.

  2. has someone asked LEO what happens if all the Passwords/keys they are holding in custodialship get hacked? There is an increasingly higher risk of problems and attacks as that user base grows or more money is in their accounts.

  3. But we have talked about these sort of things so we are interested in the discussion. But our main advertising about the site (home page changing soon) is about True Ownership so we will be completely up front with users that this is a sort of intermediary step for those who i guess aren't ready or maybe don't even care if they have true ownership of their content, connections and crypto.

  4. I understand the need for those sorts of stepping-stone accounts however I'm personally a bit disappointed that so many people think that the answer to our problems is to create a product that goes against the biggest and best feature of Hive ... that people can have true ownership over their own content, connections and money.

Again i think we'll do it but we're gonna keep reminding those users that they aren't the actual owners until they have complete control over their own keys and they're doing the transactions themselves with one of the login software options. (because lite/custodial accounts won't be doing their own transactions is the assumption peakd will be doing the transactions for them)

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Yes agree I think you need to have them get no rewards. This could be either via sent to Null or preferably (until we get RC pools) returned to the delegation pool who 'paid' for the account creation and activity with their RC credits to encourage people to delegate to set up the accounts. Having rewards build up simply creates incentive for hackers, and also creates potential tax issues for people who just want casual engagement. If all the accounts have no value (just a delegation) then there should be no incentive for hacking (no more than anyone hacking a FB account for example).