SMTs are important too, but securing capital accounts better on the blockchhain level is even more important. If we are to hold major amounts of money on this network, then this timelock security is a solution there are many issues for and I agree, why not roll it. Just do in.. @ned, got some time for a friendly steemspeak talk tonight?
You are viewing a single comment's thread from:
@fyrstikken - thanks for your reply but..
And these are only the worst problems. SMT will make things worse, not better.
are you not making money on all this?
I see potential far greater than any short-term gain if these problems would be solved.
Well, those problems can be solved. But with an SMT market that will require capital, a system to secure that capital is IMO needed so we dont end up like bitshares without liquidity because people prefer bittrex with 2FA locked in instead of holding coins on the internal marketplace which is only a lost active key away from being stolen...
It is recommended to use multisig wherever possible in SMT whitepaper.
Very good point. Even bitconnect has 2FA.
I agree, the long term needs to be planned for, this short term crap is getting tedious.
The program is interesting ... But I mostly trust the identification via the phone by SMS.But there is no such option on steemit.Good post @fyrstikken !Good luck to you!
Cell phone security warning. Be careful with cell phones and SMS.
Open authenticator like former gauth would be far better.
Don't know why we hadn't blockchain project working on it.
Agreed no cell phone security don’t do it Authenticator seems to be good