BeFi Labs Docs
  • BeFi Labs
    • Welcome to BeFi Labs
    • Background
    • The Challenge
    • The BeFi Labs Solution
  • BeFi Terminal
    • Getting Started
    • Making Your First Trade
    • Providing Liquidity
    • Trading Perps
  • Architecture
    • Zero-Knowledge (ZK)
    • Validator Scheme
    • Wallet System
    • Local Blockchain
    • Security Framework
    • Multichain Architecture
  • Ecosystem
    • The $BeFi Token
    • Community
Powered by GitBook
On this page
  1. Architecture

Security Framework

PreviousLocal BlockchainNextMultichain Architecture

Last updated 1 year ago

Secure Trading

Our platform ensures the security of every trade by recording them on a local blockchain. This process guarantees that all transactions remain tamper-proof and secure against any unauthorized alterations or changes.

Withdrawal Process

Withdrawals undergo a stringent approval process by four validators, ensuring that each transaction's history is thoroughly verified. Only after these validators provide their validated signatures is a withdrawal approved, maintaining the highest standards of security and authenticity.

Proactive Hack Prevention

Our vigilant validators continuously monitor the system to prevent and swiftly address any potential hacking attempts. Additionally, the use of Multisig contracts for withdrawals adds an extra layer of security, requiring multiple authorized signatures to authorize a withdrawal, further fortifying our platform against any security threats.

Page cover image