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THE SECURITY OF THE ASSURE ECOSYSTEM

A decentralized wallet’s first objective is security. Assure uses a multi-signature threshold technology to ensure protocol contract authorization as well as to necessitate administrator permission to update and configure. As a result of this, transferring assets requires multiple private key signature authorizations. When constructing multi-signatures, users can change the rules (M-of-N). M is the minimum number of participants required for the signature to take effect, and N is the total number of participants. The multisignature threshold technique used by Assure has the following features:

  • Assure limited the data in the wallet contract as a mechanism. To be more exact, the flow of cross-chain data transmission of the wallet is limited on a daily basis. It is meant to provide data security to the highest degree possible at the mechanism level, thus data locked in the whole DWallet protocol has a finite quantity, limiting the chance of hacker assaults.
  • In terms of technology, Assure uses multisig to verify each data flow while also ensuring the cross-chain data transaction experience. Assure substantially increases the security of digital wallets in this way.
  • Assure supports many validator signatures for consensus. It’s a form of risk management, because the only way to avoid one manager’s wrongdoing is to hire several. At the same time, Assure picks the primary validator for each transaction using the DRAND consensus random technique, and the main validator gathers signatures from other validators. The efficiency of validation has been enhanced. In addition, the signatures gathered by the primary validator will be revalidated by resigning for security reasons. As a result, Assure can help to lower the risk of fraud from the main validator.

Continue reading full article on Medium: https://link.medium.com/jPuxwl8OQsb 

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