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The accounts on the NEM network (XEM was stolen, not Bitcoin) can be marked with a non-transferable asset. That was just automated and all known hacker addresse
by ReverseCold 9y ago
The accounts on the NEM network (XEM was stolen, not Bitcoin) can be marked with a non-transferable asset. That was just automated and all known hacker addresses are now tainted.
- larkeith 9y agoInteresting - I'm unfamiliar with XEM, I presume the non-transferable mosaic (that were used to mark the accounts to which the stolen funds were transferred) is signed in some manner such that a copy couldn't be spoofed onto an arbitrary account?
- ReverseCold 9y agoMosaics are a core feature of the platform. Think of it like an ERC20 token, but the creator of the token can impose fees (among other features). The fees are set to another token that the hacker doesn't/can't own - as such the account is stuck owning the asset.
- xorcist 9y agoSo in a sense you never truly own your XEM tokens? The creator can change the rules ex post facto.
- ReverseCold 9y agoThat's configurable. There's tokens where you want it to be centralized and able to change post creation (mutable) and then immutable ones. Companies using NEM really like the mutable ones.
- AlexCoventry 9y agoIs there a roadmap for weaning XEM off this centralized governance structure?