RE: Scammers attacking (potential) hive users!
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One of the downsides of real cryptocurrencies is this. You have the keys and only you can access your funds. If someone tricks you, there is no way to reverse the transaction like they do with bank transfers if there is a proper investigation. Banks have better prevention techniques: 3D security when you spend in webshops, auto transaction blocking if you spend at unusual places or in a different country.
We are advanced in blockchain technologies, but way behind in theft prevention -> so the whole "crypto is more secure" dream falls apart.
How can we implement smart theft prevention features? What are they?
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Great questions, I wish I knew the answers...
I will do some brainstorming though, because thing is getting really serious as more and more users enter the space (uneducated and dreaming of profiting big time)
I consulted with chatGPT and gave me some ideas:
Daily spending limits, time-lock, address whitelist, multisig.
If every account has a "guardian" and the bigger transactions are delayed, the guardian account could cancel a suspicious transaction before release.
The wallet could check history for anomalies but that would be hard for a newly created account.
And the wallets/frontends could put up warnings on the transaction pages. This will fade away for old users because of ad-blindness, but new users could benefit.
What do you think?