Qubic’s recovery rules require ownership checks even for unstolen funds in vulnerable wallets

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Qubic’s October 21 core update completes a system covering not only stolen QU but also wallets with weakly generated keys whose funds have not yet been drained. Applicants must provide ownership evidence beyond a signature, including exchange withdrawal records, earlier funding trails or signatures from unaffected funding addresses. Developers review the claims, after which the computor quorum decides and applies the recovery, with a seven-day public listing before payment. Unresolved competing claims remain frozen in escrow, while replacing a compromised key requires a newly generated secure seed because updating the software does not alter the existing credential.

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Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

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