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RE: @cloakcoin Up For Grabs. Bids Starting At 3,5 Steem. Auction Last 7 days
In order to restore an account, you need the owners key. Not the past owners key. That's the whole point of creating a new key, so that the old one doesn't work..
A master password can be changed. You just press change password..
You are making claims that are not true. That is the same as lying.
You said this:
Once its master password is known, it can never be safely owned by another person.
That is a FALSE statement, and therefore a lie.