⚙️Multisignature (multisig) Principle
This page describes the principle of multisignature transaction execution.
Last updated
This page describes the principle of multisignature transaction execution.
Last updated
To maximise the protection and security Betfin implemented the multisignature consensus. That means that every important transaction is done by more than one signatory. This proceeds through safe.global multisig contract.
Timelock contract (see Timelock Principle) which owns all the Betfin contracts is owned by multisignature contract.
Multisignature contract has a quorum of 5 wallets where 3 out of 5 has to sign each transaction.
To see the quorum of multisignature wallets that own the Betfin contracts check.
Betfin uses a multisignature wallet provided by safe.global.
https://safe.global/ is the world's leading and most trusted provider of multisignature wallets.
All the Betfin on-chain confirmations and rejections can be verified at https://polygonscan.com/ and https://app.safe.global/.
Token transfers from any of the that allow it.
Any transaction related to the Betfin contract such as: - adding new game - changing the minimums or maximum bets in games, - changing limits in staking - changing the limits of affiliate - Any other change that is possible concerning the settings of
Change in the quorum of any of Governance Adresses
Moreover, any transaction that is signed by the last needed owner of the multisignature wallet is subject to Timelock Principle.