Ideally the wait time from accepting a lending contract to your keys being replaced and HIVE sent to account is less than a minute.
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Ideally the wait time from accepting a lending contract to your keys being replaced and HIVE sent to account is less than a minute.
Oh, that’s right. I forgot they won’t be able to transfer funds once the keys are changed.
What happens if the account and recovery account are both in on the scam?
For instance,
They can't change back their keys as they won't be their own recovery account.. An account owned or in partnership with Hive.Loans will have recovery rights on their account.
Cool. Thanks and great idea.
No worries! Yeah it's a bit much to wrap your mind around at first.. Took many hours trying to do model the correct workflow for something like this to work.