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RE: Review your recovery account, if you don't want to lose your assets!

in #witness-update4 years ago

Can't we do something at blockchain level to change it to something in hive for all these users ? Do we think, Justin will evade hive ? I understand he has control over steem, but can he manipulate things on hive ?

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Changing this without user permission would be inappropriate. Justin cannot do much here on Hive (at least if he doesn't use another exchange to vote for witnesses). Having an invalid account as your recovery account is just a threat to your assets because only that account can start the recovery process. So if someone changes your keys, you won't be able to get your account back.

What happens if I create a claimed account and put that as my recovery account and my account will be recovery account for that anyways. Does that cause a circular dependency and not allowed ?

It is allowed and it won't cause any problems.