The concept of security is one we all take(or should take) very seriously. Once there is a breach in security, a cascade of negative events could be set up ranging from loss of funds to abuse of credibility. As a result, one should always endeavour that his/her hive account is optimally protected.
From the beginning, Hive makes sure that security is strong by giving a set of various passwords/keys to serve various purposes. This reduces the chances of becoming compromised.
The length of these keys also makes it difficult to cram. This puts the security of your account directly in your hands by ensuring that you keep it as safe as is possible.
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Highlight the steps involved in changing the trustee accounts (recovery accounts) to your hive account.
Trustee account/recovery account is an account that could help you to recover your account in the event of a breach. It is usually set by default to an account linked to your sign-up process like 3speak, Leo.voter, OCD, etc. but it is important to change it to someone whom you can easily relate to when there is a problem and ensure that there is prompt action. Remember that even for this to work, your owner key is required.
So, even though there are auto trustees, use someone you can trust and is easily accessible as your trustee account.
Changing your Trustee account.
On Peakd.
- Go to your profile.
- Select the three dots beside settings.
- Select keys and permission from the available options
- Select recovery account
- Scroll down to the last part and choose Change recovery account.
The owner key is required for this activity.
If you invited someone to the Hive blockchain and had to give them a proper explanation of the function of each key, write out what your explanation will look like for each key.
Master key: Master key is used to generate other lost keys. It is a very important key because of this.
Owner keys: is used to reset and reclaim our account. It is also used to change the trustee account.
Active keys: For financial transactions like transfer of HBD, Hive and even to power Up. It is also used for sending to savings and withdrawing from savings.
Posting keys; is used To log in and publish posts and do everything relating to posts. It is like a key for engagement. Without it, you wouldn't be able to perform your regular hive actions.
Memo keys; this key is used to send or view encrypted messages. It can also be used to send finances from binance.
Peradventure, your account Active Key got exposed to the general public. What are the measures you'll take to safeguard your assets and account going forward?
I would hurriedly send my finances to a trusted friend on hive. Then I would move on to using my owner key to change all my hive keys. After which I would now safeguard these new keys and try to prevent a reoccurrence.