You are viewing a single comment's thread from:

RE: Why don't we take on Reddit?

in Ask the Hive3 years ago

Here's another topic of discussion... is there a way to see what accounts are held in custodianship by services like LEO?

Do you think we should be letting our users know on operation like wallet transfers that "The account you are transfering to is not truly owned by the user you are transferring to... it is held in custodianship by a separate company. Are you sure you want to transfer them tokens?"

We will likely not allow crypto transfers to accounts we hold in custodianship however there is the issue that a user could use another system to transfer to accounts we hold as custodians.

Sort:  

Yes that is interesting; would have to ask Leo that one. In a way they are a little like exchange held crypto accounts , although in this case more secure as its not just one massive account to be hacked, its hundred of smaller accounts but still the master key register is vulnerable.