Stolen account recovery change to 4 weeks same as powering down time that could be a solution !?
RE: Feedback Wanted: 4 Week Power Down
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Feedback Wanted: 4 Week Power Down
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No, because this rule would change "how quickly" funds are lost. Currently, if a user doesn't notice his account has been hacked until the first powerdown hits (1 week), he loses 1/13 of this SP. Under this new rule, he would lose 1/4 in one week. Similarly, in two weeks, he would lose 1/2 of his SP under the new rule, versus 2/13ths under the current rule.
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I got your point but for somehow we could improve the rule a bit to protect the sp on each week of powering down such as moving straight to the saving box or freeze it for 2-3 weeks or we could get a notification from phone/mail when some1 starts powering down and also moving it out of the saving box. There are many better ways than mine to get this done with the 4 weeks power down. The thing that if you still want to go against it, you never want to think about any new rules to help it out.
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No, I do think about such new rules, and if we come up with a set of rules that solves this problem, I'd be fine with a change to the powerdown time.
But this post by the Steemit devs isn't proposing to make a bunch of such changes, it's proposing that we make one isolated change and it's asking for our feedback on that single change. I'm expressing my opposition to this single change without adequate other changes to compensate for its effect on funds security.
Designing a set of rule changes that fixes the potential security problem and implementing that set would take longer than what is being proposed for the hardfork. But I think this post is a fine place to discuss such ideas, and I don't intend my comments to in any way stifle such a discussion.
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I got ya ! I just missed the purpose of this post !
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