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Hive Trust
Do you remember that one thing with that one guy? There was this guy who took over the front-end of the previous blockchain. And then did some kind of transfer of the balances to another account.
But the other account had compromised keys, so the balances was transferred somewhere else, which resulted in a lawsuit.
Anyway, have you ever wondered how those keys were compromised? It was because the service creating the account logged the keys. In addition to that, the person who created the account failed to change the keys before transferring the funds.
Yeah, I thought that was interesting. I investigated that service a couple times before all that, trying to see if they'd give up the keys that I thought they may have been logging, but they didn't. I used some chunky bacon, but it checked out.
Just goes to show. You can often trust this platform, even if you shouldn't. Yet trust isn't required. Weird, right?
It just goes to show, one can be critical about even minor aspects of Hive without worrying about getting one's account blocked, unlike the previous blockchain.
Oh, on that note, this is funny:
That's so sad and fustrating buddy I really know how you feel and I'm willing to help you out ok this... kindly inbox let me recover back your account. https://t.co/wjACCpB8vS
— Ponizaki (@ponizaki_tech) December 7, 2024
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Comments
1 commentI definitely wrote a post on this right after it happened.
What a crazy time that was.
Approaching the 5-year anniversary to it as well.