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RE: Incorrect Password

in #steemit8 years ago

The problem with this is that you are asking for a centralised authority figure to grant you the grace and use his ultimate superuser access to break into your account and restore control to you.

In a decentralised, immutable and censorship-resistance system, this is a big no-no.

The Blockchain systems have always been advertised on how ONLY you can access your assets with your private keys and no one, not even the creator, can get at your funds or content. This is the debate that almost torn Ethereum (another up and coming Altcoin) apart - should a network be changed to fix something outside of its working protocol?

It's the same with Bitcoin. If good grace can be offered then tens of millions of USD would had been reversed after the MtGox and the recent Bitfinex hacks. That did not happen and for good reasons too, because if Bitcoin offered the core dev the ability to change the transaction history then US government could always force them to revoke a wallet and BTC will be useless (e.g Wikileak survived on BTC for a while).

Yes, glitches happen and codes are heartless and cruel, but this is the essence of Blockchain tech. And if it weren't so, then there would not be any point in the first place.

I just hope you and others understand this.

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I'm sorry but trying to compare losing your password to the DAO and MtGox is just so wide of the mark. Both those instances were due to a hack, stealing funds.

Whereas this is somebody who has lost, corrupted their password, nobody is asking for a hard fork here, just a little help and compassion.

Cg

Actually, I am not entirely sure on the technicalities here. When we key in the WIP, are we interacting with the Steem Blockchain directly? Or is our log in recorded by the Steemit forum first before we are connected through to the Steem blockchain?

I thought one of the main rules in setting the password is that it can never be recovered, EVER. Even if the @Dan and @Ned tried.

The situations might seem different to you but it the same to a immutable network designed to lock out anything other than a valid private key.

I am just explaining my interpretation of the Blockchain.