Hi that is the friend factor / trustee element of Steem. It has no authority to take ownership of your account, however, it cane used to identify you and help with disaster recovery in the case of a hacked account. It's described here: https://steemit.com/blockchain/@dan/steemit-releases-groundbreaking-account-recovery-solution
RE: Third Update to July 14th Security Announcement - Account Recovery Begins
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Third Update to July 14th Security Announcement - Account Recovery Begins
Thanks, I some how seem to have missed the main post about the recovery mechanism.
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Love all the work you all are putting into this. Revolutionary for sure.
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lost ownership of account. all I did was reset password. tried recovery it said password not used in last 30 days. i used it every day. please help
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