Power Down Started 🙈 You can take a horse to water but can't make it drink....Time to embrace the new style 😉

It had to come, no matter how much you put in it's never enough. Dropped five Witness places in one day while investing in the servers to run my own full RPC Hive api node, I was holding out until HF24 passed to officially get it passed off because I know the top brass are busy making Hive awesome.

Don't leave us Hive account@c0ff33a

Ha! Totally got you there didn't I? The needs of the many far outweigh the belligerence of the few - so this Power Down is actually what I call Security Protocol 101

Wait, what's Security Protocol 101 it sounds awesome?

To be honest I made it up, but it does sound like something the Agents of Shield would come up with - and I've been watching a ton of that lately. To be fair the foundation of the concept is entirely down to Hive account@guiltyparties, I know he helped out one of our biggest and most active Hive Whales when he had issues with his keys and the idea stuck in the back of my mind.

So come on, spill the Beans on Security Protocol 101

Oh, you asked for it......

Much coffee beans are being spilled. So after three and a half years of Blockchain I have accumulated a modest stake in Hive Tokens, but it also concerns me because in all that time I never changed the account keys and actively use the account Hive account@c0ff33a on multiple front ends, with many dapps, for my Witness and it generally means my keys are thrown around all over - and it only takes one mistake to paste a key into a phishing scam.

Just change your keys then Dumbo -_-

Well I did think long and hard over that, but it has two main problems

1. Over those three and a half years the dapps, services and my Witness server amount to a huge mass that if I changed my account keys I would have to update - it would be a massive and tedious amount of time fixing every service that broke because I changed my keys - and let's not forget I haven't actually got a problem right now - they are not leaked after three and a half years.

2. Changing the keys for Hive account@c0ff33a does not really solve anything - because I am active with this account, I post and comment on multiple front ends, log into many many dapps - new keys are just going to be used as many times as the old ones - and every time you use a key it's a risk. Phishers are very cunning, they can make a website look exactly like a legit one and only have a character or two in the domain different - it's way too easy to click a link and see a Hive Signer pop up and just throw your keys in. If you use a password storage site like lastpass.com, Apple Safari Passwords or Hive Keychain then you are a little bit safer because they will not autofill your password on an unknown domain.

So what is Security Protocol 101

In it's simplest form I created a cold storage account for my Hive Tokens using my own resource credits, once you stake enough Hive Tokens you can use your resource credits to claim an account ticket - when you claim a ticket you don't have to immediately create an account with it - you can just claim a ticket every day or a few a day even and store them until you need them. When you create an account yourself then you have all the keys for that account, and also you become it's Recovery Account - which makes it easy to reclaim the account if it's keys get exposed (even though they should not - because the whole idea of an cold storage account is you rarely use it)

So you are powering down but are not powering down? I don't even understand??

Yes I'm powering down, but I have set an outgoing withdraw route to my new cold storage account that will receive the Power Down in Vests - staked Hive Tokens. As it grows it's own staked Hive Power I will delegate it back to Hive account@c0ff33a - so effectively my active account will be just the same for Staked Hive Power the only difference is it will eventually not hold the Hive Tokens my cold wallet will making them more secure.

I do not have a massive investment in Hive, but this is sound advice for any investor - when your tokens are stored in an account you use all the time then there is always a risk. Every time you use your keys to access something it adds the potential for your account to be hacked.

Is Security Protocol 101 right for you? Who knows, it depends on the value of your staked Hive Tokens, how much you use dapps, how much risk you like to take and if you are happy with all your eggs in one basket. The concept however is entirely Hive account@guiltyparties

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I distribute coffee roasting machines and also espresso coffee machines and roast my own Speciality Coffee Range. being one of the premium coffee suppliers Yorkshire including a wide range of filter coffee sachets. Finally I have a dedicated website to my Artisan small batch roasted coffee featuring roast and post packs and super easy coffee subscriptions.

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