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Permissions

Gabrielle Zhou edited this page Sep 28, 2018 · 1 revision

In CYBEX, each account is separated into

Active Permissions

This permission has administrative powers over the whole account and should be considered for 'backup' strategies.

Owner Permissions

Allows to access funds and some account settings but cannot change the owner permission and is thus considered the "online" permissions.

Memo Key

This key is used to encrypted transfer memo。

Both can be defined in the Permissions tab of your account using so called authorities (see below) together with a so-called threshold that has to be exceeded in order for a transaction to be valid.

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