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RE: I used BlockTardes when I came into Steemit- Forced to on the way out.

in #exchanges7 years ago

If it is all powered up and you know where to look on your wallet, you would notice a new line (right before history) that says "The next power down is scheduled to happen in 2 days." which would mean the hacker got your key and started the power down 5 days ago. When the steem becomes liquid in two days, they can take it out.

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True, but it’s only a small percent of your what your powering down that you get weekly. I mean it’s bad and I don’t know how you’d fix the problem (can you rekey?) but it’s at least slightly better than a full loss of value.

For the sake of round numbers, let's say I have $13k in SP. One day I notice that my next power down is in 1 day (that means I had not noticed it for 6 days).

The hacker - the one who stole my active key - is about to get 1,000 liquid Steem tomorrow. (and 1000 per week for 13 weeks if I never notice).

So I whip out my owner key and change the active and passive keys today. Tomorrow comes, and since he no longer can move my money around, I just power the 1,000 back up. Problem solved.

My beef with Steemconnect...
They ask people to put in their owner key. If a person doesn't know how dangerous that is, they will be the one locked out of moving money around - they will lose the whole account as the hacker can change all three, owner, active, and posting.

Very true! I misunderstood and thought the owner key was the active key(I might’ve lost my owner key). Anyways you’re 100% correct this key loss would be the same as having a wallet emptied.