You are viewing a single comment's thread from:

RE: Utopian: Proposing @utopian-io as a Witness. What Do You Think?

in #utopian-io7 years ago (edited)

I'd give utopian.io a witness vote. Though, it'd be good to have succession planning already in place. I.E. Backups of partial keys distributed to trusted steemians and a plan to hand over the keys upon your retirement. I have zero problems with you taking costs and a wage.

Sort:  

I am planning to do this in a safe way. It is very hard because is someone spots the way to generate the key, the @utopian-io account would be stolen. But it is in the plans @eturnerx

I should've said "trusted steemians". They could be biggest sponsors, your helpers, witnesses, anybodies' trusted by you and the community. I've previously used Reed Soloman FEC To give that "N of M" level of protection. Given you already trust those M steemians to a degree, that gives some additional protection because N of them would have to conspire against you. I currently use a 2of3 code (not RS, but my trust is high) on a much smaller Steem project.

My plan was actually letting them to vote to reveal the key. Once the biggest sponsors vote together to reveal the key, the key is revealed and sent to them. @eturnerx

Coin Marketplace

STEEM 0.19
TRX 0.18
JST 0.032
BTC 88143.93
ETH 3070.82
USDT 1.00
SBD 2.78