RE: Memos, keys and passwords, Balrogs and Fields of Despair. Be safe. Almost $100k wasn't.

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Memos, keys and passwords, Balrogs and Fields of Despair. Be safe. Almost $100k wasn't.

in steem •  7 years ago 

Whoa you really scared me at first. I will never share it again. I can change my memo key correct? Or do I change my whole master key?
Thanks for your time.

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I suppose that it's easier to change Master Password.

Ok but if I do not, I should be fine, correct?

"It is not fine, because it shouldn't be disclosed to the public even if currently it's use case is minimal."

Just wondering what can be done with a memo key anyways. Sorry just trying to wrap my head around it.

As I wrote - depends if for example you've been using it for either private messaging (obsolete) or encrypted memo (supported by some exchanges). There might be some social engineering attack vectors because someone could impersonate you by proving being in control of your key (as only you should be able to use it).
Up to you to try. ;-)

I only used it when I was sending steem from poloniex to my account here in the memo field.

Thanks so much for this clarification @gtg I appreciate it!