yes but he can log in again and change it again...
How?
=squeak=
edit: to change withdrawal address, you have to sign something using your address (as I understand the procedure). once the withdrawal address is changed to whoever the account is being sold to, then changes made to the account from that point, can only be done by signing with the new address.
You understand correctly. Utilizing message signing with btc addresses basically eliminates the repossession of an account. I say basically, because there are always holes in systems, if not in the software, then in the person.
I appreciate that you react to my post, but it isn't getting any more clear for me. I will explain again what I want to do and what is unclear to me:
An account consists of:
- Deposit address --> to log in to the account on Pyramining.com
- Payout address --> to which the rewards are paid
Now I sell my account to another person. To do this, both addresses need to be changed, as I see it:
- Deposit address --> A deposit addres he only knows (so he can log on and I cannot anymore)
- Payout address --> His payout address (so he gets payments)
Now in my account details, I only see an option to
1. Change the payout address (by signing a message)
2. Sell the account to Pyramining (by signing a message)
I don't see any option to
change the deposit address, which is needed
to make sure the new owner can log on and I can't.
I'm probably missing something obvious. I'm not an expert, which is one of the reasons I want to get out. It would be great if someone could explain it and help me to transfer the account to another person.
Edit: I think I figured it out.
To change payout address, I sign message with old payout address. Then only the owner of the new payout address can change it by signing, so I can't do that anymore. Being able to log on doesn't make any difference.
That's how it is?