Zcash: Integrate production Founders' Reward keys into ChainParams.

Created on 12 Apr 2016  路  3Comments  路  Source: zcash/zcash

The plan is to pay the Founders' reward to a transparent multisig address. The one used on the testnet is just temporary. Because it will receive 10% of the eventual monetary base, the keys for this address need to be particularly securely generated and stored (maybe in hardware wallets?) See also https://github.com/zcash/zcash/issues/125#issuecomment-196629653 , which suggests paying to different addresses (baked in at the start) in subintervals of the 4-year reward period.

A-consensus-fr I-SECURITY in 1.0 special to Daira

Most helpful comment

Make sure to balance security measures with availability guarantees. Accidentally losing those keys could be worse than them getting stolen.

All 3 comments

Note that operational security requires that we not go into too much detail on this ticket. However, it is fine to brainstorm ideas here.

Make sure to balance security measures with availability guarantees. Accidentally losing those keys could be worse than them getting stolen.

Note that we did use the idea from https://github.com/zcash/zcash/issues/125#issuecomment-196629653 . Thanks @zmanian!

Was this page helpful?
0 / 5 - 0 ratings

Related issues

str4d picture str4d  路  4Comments

ageis picture ageis  路  3Comments

vaklinov picture vaklinov  路  3Comments

jonathancross picture jonathancross  路  4Comments

braravind picture braravind  路  4Comments