User Publishes EOS Private Key, Challenges Hackers to Steal Funds

June 28, 2018

It is a common knowledge, that in order to keep your cryptocurrency safe you must not publish your private key. However, one EOS user challenges this notion by making exactly the opposite. 

On Friday, an anonymous user of Steemit under the name of eosinsider challenged the hackers and critics of EOS by publishing the private key. Here you go, steal my money. 

The private key 5K5V1MY4iPBvT1vZ8rdX89JVDMJXosmRqKGoUxCfYaVck69qNU2 is the key of an account called youstealmyeos, that currently has 5 EOS.

This amount of tokens costs about $39. The uses is confident, that the funds are safe, because security features of the EOS protocol and the governance model can save cryptocurrency from scammers and hackers. 

One of the features is the arbitration process on the platform, that allows victims to refer their case to arbitrators, for example The EOSIO Core Arbitration Forum (ECAF). If ECAF decides in favor of the victim, then malicious accounts can be banned, and the stolen funds can be restored.

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