Author Topic: BSIP 29: Asset issue change to require owner authority  (Read 489 times)

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Offline blockchainprojectsbv

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BSIP 29: Asset issue change to require owner authority
« on: January 30, 2018, 08:22:47 am »
Abstract

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.

Full BSIP
https://github.com/bitshares/bsips/blob/master/bsip-0029.md

Worker proposal
1.14.81

Payment
400bitUSD to cover the costs of setting up the worker proposal and the BSIP
The code is proudly sponsored by Blockchain Projects BV
Escrowed through BitShares Blockchain Foundation