RE: How to Own Your EOS on Launch Day

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How to Own Your EOS on Launch Day

in eos •  7 years ago 

Does OpenLedger have anyone in charge? Bitshares is a decentralized exchange which means that nobody is in charge which is why EOS is available without a VPN and without securities restrictions. But it isn't clear what ETH addresses are associated with my bitshares account. That stuff appears to be hidden to users of that wallet.

I do have the ability to store EOS in MyEtherWallet and register the address using my hardware wallet. Everything appears to be linked to the Bitshares private / public key pairs.

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I don't know much about the company behind OpenLedger. This might bring some clarification: https://wallet.bitshares.org/#/help/introduction/bridges_gateways

Besides, this article from @eosgo more than clearly states why you should transfer your tokens to a private address before EOS goes live. Just be sure that when you do, you register it to the EOS network.

Thanks. I have it figured out. There's a contracts tab and an option to register the public EOS key to the ETH smart contract which is the address you sent the EOS to, then you can confirm the key under the keys option in MEW.

The process seems a bit risky to me though if you have a trojan or malware taking screen shots and sending pics when the EOS key generator creates keys, you're pretty much screwed. I use wireshark though and haven't detected any activity of this nature on my machine. Still too many things can go wrong here. I think that early June, the suicide rate will go up.

Hehe, yeah... curious to see how that transition is gonna be once EOS goes live. It's pretty confusing at first when you want to invest,
so there might be some people screwing up there ^^ Glad I got to do it through the EOS.io site, it's pretty straight forward that way.