Author Topic: BSIP 29: Asset issue change to require owner authority  (Read 1872 times)

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Offline blockchainprojectsbv

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With the current design, the issuer of an asset can be changed with the active authority alone. However, this authority is also required for issuing new units of an asset/token. If this process wants to be automated, an active key needs to be stored on an internet-connected device. If compromised, an attacker can easily move the asset under his control with no way to back.

This proposal comes with two changes to the protocol:

    The current behavior of changing an assets' parameters will no longer allow to change the issuer.
    A new operation is introduced that allows to change the issuer of an asset but requires the owner authority of the issuer to sign that transaction.


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