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RE: Exchange hack of EOS is IMPOSSIBLE!! | Yes Impossible

in #eos6 years ago

I believe you can view any coins that are in the process of unstaking. For example in my wallet, I'm in the process of unstaking and because of that I cannot use the CPU and RAM of coins that are being unstaked. I think that an exchange would notice any hacker trying to unstake a coin and would then go onto re-stake it. They could then change the private key or also ask BPs for assistance.

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I don't hold crypto on exchanges, so the only recourse for someone like me would be to try EOS911. I also keep my EOS main key offline and used an airgapped machine with the Greymass tool for voting for block producers. This is probably the safest way to use your keys now. Signing transactions offline then taking the json file and copying it to the watch wallet connected to the internet avoids exposure of the private key. If you want to be extra careful, wipe your USB drive each time you do this before attaching it back to the internet connected machine. There is still a small risk that malware can ghost write to the USB, so you should check disk usage after wiping.

Not really sure how exchanges handle EOS - but I'd also imagine them doing something similar.

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