Monad, a co-founder of Monad, released a 10-item security self-check checklist for protocols, emphasizing key risks associated with multi-signature and access control.
CoinFeed reported on April 3rd that Keone Hon, co-founder of Monad, released a protocol security self-checklist on the X platform, focusing on core issues such as management permissions, fund security, and multi-signature mechanism design. The checklist includes ten points: 1. Identify which administrator functions may lead to fund losses; 2. Ensure all related operations have time locks; 3. Establish a real-time monitoring mechanism; 4. Provide timely alerts when administrator functions are called; 5. Review all privileged accounts and adopt multi-signature (k-of-n) structures as much as possible; 6. Define signature threshold parameters; 7. Multi-signature signers should use independent cold devices solely for signing operations and follow best practices (such as independently verifying transaction hashes); 8. Set rate limits for withdrawals and avoid control by the same multi-signature; 9. Ensure employee devices have malware detection and management capabilities; 10. Pre-set extreme scenarios for multi-signature signer compromise, and analyze attack scenarios.