One of the hallmarks of the EOS platform and ecosystem -- is the security and that Dan Larimer has put everything he has succeeded at thus far and learned from -- into the EOS brand and system.
I personally believe a lot in Dan, as many do, for lots of good reasons discussed here and on Twitter and by emails to people and I am not the only one clearly.
LOL
It’s a truth universally acknowledged that one should never expose their private keys to another individual or an untrusted piece of software. However, one EOS backer is putting that worldview to the test.
On Friday, anonymous Steemit user “eosinsider” levied a challenge to the nascent cryptocurrency’s critics: here’s my private key — steal my funds.
The private key — 5K5V1MY4iPBvT1vZ8rdX89JVDMJXosmRqKGoUxCfYaVck69qNU2 — belongs to an account aptly named “yostealmyeos,” which is currently holding 5 EOS, hours after it was first published online.
I feel that not many people will BOTHER to try to hack this, for this small amount and maybe that was part of the plan by this person, knowing the trial rate would be low for that reason.
-- but who knows, we all know someone is going to try and give this a go, likely many.
Many more would try if it was 100 EOS, right?
One of these is the platform’s arbitration process, which allows victims of theft and other malicious activities to appeal their cases to an arbiter such as the EOSIO Core Arbitration Forum (ECAF). If ECAF rules in a user’s favor, the organization has the constitutional authority issue an order to block producers — the entities who process EOS transactions — to freeze malicious accounts and recover the user’s funds.
Supporters say that this sort of on-chain governance is necessary if a cryptocurrency ever hopes to achieve mass-scale adoption, which will involve onboarding millions — perhaps billions — of users who have no interest in learning the finer points of blockchain security. However, this governance model is not without its critics.
Source:
https://www.ccn.com/eos-user-posts-private-key-online-dares-critics-to-steal-funds/
Thanks for reading, have a nice day.
Friend of the People -- Enemy of the State.
