— VerifyYourBrain

mypathtofire in #hive-167922 • 17 days ago

I do wonder if we have too many keys on Hive though. Most of the population are not ready to move from a service where they are the product, to their content is the product and v4v. I guess it goes part in parcel with the fiat world and however long that has left. At some point, everyone will be on web3 and it will be seen as mainstream and normal. Web2 will look as odd and weird as when you remind covid believers that they followed arrows on the floor around supermarkets, something they have quickly forgotten about.

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17 days ago in #hive-167922 by mypathtofire

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josediccus 17 days ago

We tend to indulge anyone who thinks the keys are too much by agreeing that the keys are truly too much indeed. I think we tend to do these to create a form of justification. Just like you've mentioned, web3 is supposed to be progress that's normal rather than one alien stuff that's deemed abnormal.
It's inevitable. It's just that people, some people don't seem to think it's worth it to be their own value and create it for themselves. It's probably the mindset.

Thanks for the curation.

0.03 VYB

1 vote

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nastyforce 17 days ago

We have the right amount of keys! Take Nostr(social on bitcoin) for example they have only a public and a private key. Your private gets leaked and your account is compromised for good. Say goodbye to everything you have collected because you can't change your keys. The benefits of Hive is if a key gets leaked you have a chance to recover your account and change your keys. Having separate keys keeps your funds safer. If your posting key gets compromised you will not lose your funds because you don't use that key to make transfers. If Hive keychain gets compromised you still have the ability to recover your account because they don't store your master password. And if someone gets your master password because you didn't keep it safe, you still have a chance to recover your account through the recover account. I don't know of any blockchain that offers you that level of security or even the ability to recover your account. So make sure you keep your master password secure and that your recovery account is set to someone you trust. It may be a lot of work to keep track of but it is worth it knowing its not easy for the hacker to gain access to my account.

0.03 VYB

1 vote

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mypathtofire 16 days ago

Yeah I see what you mean, but it could be reduced to say 2 maybe? Also account recovery is a very useful feature unique to Hive too.

0.00 VYB

1 vote

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nastyforce 16 days ago

You wouldn't want to to that since it is used to encrypted your private massages in your hive wallet. Inleo also uses it for their subscription services. You need both the memo key and active key to send an encrypted message.

0.00 VYB