⚙️Multisignature (multisig) principle
This page describes the principle of multisignature transaction execution
What is multisignature principle
In order to maximise the protection and security BetFin implemented the multisig consesnus. That means that every important transaction is done by more than one signatory. This is proceed through safe.global multisig contract.
Timelock contract (see Timelock principle) which owns all the BetFin contracts is owned by multisig contract.
Multisig contract has quorum of 5 wallets where 3 out of 5 has to sign each transaction
To see the quorum of multisig wallets that owns the BetFin contracts check Governance adresses
Betfin uses multisig wallet provided by safe.global
https://safe.global/ is the world leading and most trusted provider of multisig wallets
All the BetFin onchain confirmations and rejections can be verified in https://polygonscan.com/ and https://app.safe.global/
Transactions type that are subject of Multi signature principe
Token transfers from any of the Betfin contract addresses that allows it
Change in quorum of any of Governance adresses
Moreover any transaction that is signed by the last needed owner of the multisig wallet is subject of Timelock principle
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