Our Staking Rewards event is live! More information here!



Bholdus Multisig Wallet

on October 07, 2021

๐Ÿ“ฒ $BHO is developed as ๐—จ๐—ฝ๐—ด๐—ฟ๐—ฎ๐—ฑ๐—ฎ๐—ฏ๐—น๐—ฒ ๐—ฆ๐—บ๐—ฎ๐—ฟ๐˜ ๐—–๐—ผ๐—ป๐˜๐—ฟ๐—ฎ๐—ฐ๐˜ to ensure that the source code can always be upgraded in urgent future situations.

๐Ÿ“ฒ Therefore, Bholdus decided to convert our ๐—ข๐˜„๐—ป๐—ฒ๐—ฟ ๐—”๐—ฐ๐—ฐ๐—ผ๐˜‚๐—ป๐˜ (single owner account) to ๐— ๐˜‚๐—น๐˜๐—ถ-๐˜€๐—ถ๐—ด๐—ป๐—ฎ๐˜๐˜‚๐—ฟ๐—ฒ ๐—ช๐—ฎ๐—น๐—น๐—ฒ๐˜ (multi-signature wallet), for 3 main purposes:

  • ๐Ÿ‘‰๐Ÿผ Preventing the risk of being hacked & ensure usersโ€™ safety & security.
  • ๐Ÿ‘‰๐Ÿผ Avoiding ๐—–๐—ฒ๐—ป๐˜๐—ฟ๐—ฎ๐—น๐—ถ๐˜‡๐—ฒ๐—ฑ ๐—ฅ๐—ถ๐˜€๐—ธ.
  • ๐Ÿ‘‰๐Ÿผ Conforming to Audit standards required by ๐—–๐—ฒ๐—ฟ๐˜๐—ถ๐—ธ.

๐Ÿ“ฒ Details about the setup of MultiSig Wallet:

  • ๐Ÿ‘‰๐Ÿผ Threshold: 4/4
  • ๐Ÿ‘‰๐Ÿผ Address: 0x7024b62a005Eb9362b6989c20eb63Fde55B623d9

๐Ÿ“ฒ 3 representative signatures:

  • ๐Ÿ”บBholdus ๐—–๐—˜๐—ข - Mr. ๐—ฅ๐—ผ๐—ป๐—ฎ๐—น๐—ฑ ๐—Ÿ๐—ฒ 0x1b479858d59B09Eeeb57DF116F9b3DB43dF58770
  • ๐Ÿ”บ Bholdus ๐—–๐—ง๐—ข - Mr. ๐——๐˜‚๐—ผ๐—ป๐—ด ๐—Ÿ๐—ฒ 0x466A31B29425875b9419e2aEaEe328E3A1cFb759
  • ๐Ÿ”บ Bholdus ๐—–๐—š๐—ข - Mr. ๐—ก๐—ต๐—ฎ๐˜ ๐—ฃ๐—ต๐—ฎ๐—ป 0xe5cD40cC0e0962b207521975D3B97123A7339fAe
  • ๐Ÿ”บ VCI Legal (Updated 14/10/21): https://vci-legal.com/ - 0xf40cb057bcD33cf2085d731c5840Ba4Dd68332
Tagged topics
More stories
Bholdus to hold the first C-Level Panel Discussion "MNC insights for fintech startupsโ€
C-Level Panel Discussion - MNCs insights in fintech
Are you ready to join the experts to explore the tremendous potential of DEFI and NFT?