Striving to provide the best user experience on Wombat, we deployed a single-sig feature. You can upgrade from a multi-sig EOS account to single-sig by simply signing an “updateauth” action with Wombat.
All accounts created with Wombat and older than approximately 2 weeks will get a free account upgrade (all newer accounts have that change built-in already). Some of you had noticed that EOS accounts created by Wombat had been created as so-called multi-sig accounts. We had built it that way to ensure a maximum of operational security for both our users and ourselves. However, whoever upgraded their account to Pro would get access to their private key and have multi-sig removed (switched to single-sig).
We’re now enabling an upgrade of each multi-sig EOS account to single-sig, which will give you even more freedom with your standard, non-Pro, EOS accounts. All you need to do is to install the latest version of Wombat and sign a transaction called “updateAuth” once you launch it. Technically, EOS requires us to have you sign that transaction, but we can assure you that it’s entirely harmless and most of you won’t notice a difference afterwards.
For users who have already upgraded to Pro and users with accounts which are newer than 2 weeks, nothing will change.