Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Vance had a computer crash and lost most of his personal data, including the private keys to his crypto holdings. What steps can Vance take

Vance had a computer crash and lost most of his personal data, including the private keys to his crypto holdings. What steps can Vance take to regain access? A. The keys will reset after 72 hours, so he will be able to access his holdings at that point. B. He can contact the coin exchange he uses, and they will be able to restore his access and reset the keys. C. Unless Vance had the information backed up, his crypto will be inaccessible for him or anyone else. D. Blockchains are a public ledger, so there are no private keys involved. There is no effect on his access.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Advanced Accounting

Authors: Joe Hoyle, Thomas Schaefer, Timothy Doupnik

10th edition

0-07-794127-6, 978-0-07-79412, 978-0077431808

Students also viewed these Accounting questions