Practice Safe Staking: One Easy Tip For Keeping EOS Tokens Safe
eos·@eosnewyork·
0.000 HBDPractice Safe Staking: One Easy Tip For Keeping EOS Tokens Safe
.webp) # Are you a HODLer? It is a fact that many token holders are not developers. HODLing is an industry-wide strategy from which EOS is not exempt. EOS New York serves the token-holders, no matter who they are, which is why we've written this short opinion post. # A Staked Token is a Safe Token Staking your tokens keeps them safe. For example, let us imagine that your *Active Key*, the key you use to access, stake, or transfer your tokens, is compromised. If your EOS tokens are staked for Bandwidth/CPU/Vote then you have enabled a three-day buffer for you to catch fraudulent transactions, reset your *Active Key* using your *Owner Key*, and restake your tokens to reset the three-day buffer. Voila, you’ve just averted theft! ## *Owner Key, Active Key, and Account Name* Your tokens are tied to your *Account Name*. Your *Account Name* is the 12 character name you were assigned at Genesis or the one you've created yourself. For example, our *Account Name* is EOSNewYorkIO. You can check your *Account Name* at [this neat tool created by our friends at EOS Authority](https://eosauthority.com/account) What is your *Owner Key* and what is your *Active Key*? To make it simple, you have two private keys and two public keys in EOS. One set is your *Active Key* and one set is your *Owner Key*. Your *Active Key* can be used to stake, unstake, and transfer tokens. Your *Owner Key* has the ability to reassign your *Active Key* as well as complete any other action. This makes the *Owner Key* very valuable. It should never be stored online or on any machine connected to the internet. It should be stored securely, offline, and in a safe place. Please also consider keeping copies in multiple safe places to further reduce the risk that it is lost. Right now, your *Owner and Active Keys* are identical and will remain identical until you reset them. We recommend that everyone reset their *Owner and Active Keys* so that they are new and different from one another. This creates an extra layer of security for yourself. For instructions on how to reset your *Active and Owner Keys* [please see our FAQ in EOSDocs.io](https://www.eosdocs.io/faq/). This will require prior knowledge on how to compile the EOS software. EOS New York and many BPs and Standby BPs will be working around the clock to provide easier-to-use tools in the coming weeks. ___________________________________________  EOS New York is a Top 21 Block Producer on the EOS Mainnet Blockchain [Website](www.eosnewyork.io) [Twitter](www.twitter.com/eosnewyork) [Medium](www.medium.com/@eosnewyork) [STEEM](www.steemit.com/@eosnewyork) [Meetup](https://www.meetup.com/EOS-New-York/) [Telegram](https://t.me/eosnewyorkchat)
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