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RE: Two big issues that are plaguing Steem from an Investors POV & a proposed solution
Great idea, but I want a 1 week lockdown option or a whitelisted powerdown withdrawl address incase someone steals my keys.
Also, a slopped slider would be great here. Kinda like post office. 13 weeks in 13 pieces is 0%, all after a week is 3%, all after 24 hours 5%, all now 7%.
Burn 50% use 50% to fund sps and reduce the 10% take based on posts.
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A one-week lockdown option + a whitelisted powerdown withdrawl is fckin amazing dude, that would solve it right? If someone had your account, lets say you can only change the whitelist with your owner key. If someone gets your owner key (you are fcked anyway, at least I am pretty sure you are unless you do some quick ninja magic) you can still have that one week lockdown option.
I think account recovery is still possible if someone nabs your owner keys and changes PW. It has a lockdown to be changed something like a week after PW reset.
But a 'default' safe setting would be good like instant powerdown is 1 week locked to enable if default whitelist isn't set.
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I like it. Seems bullet proof to me.
BRING THIS COMMENT THREAD IN FRONT OF @elipowell
Well, Queen Liz is amazing xD but this is a consensus witness thing, we need 17 of the top 20 to agree to add the fee burn.
I like the 1 week lockdown idea as well to go with @theycallmedan's proposal.
Resteeming this.