WePiggy’s mining contract has been audited by SlowMist and added Timelock
Smart contract audit
WePiggy core development team is pleased to announce that WePiggy’s mining contract has passed the audit of “SlowMist”, a well-known security audit company.
Timelock is online
To make the funds of users more safer, Timelock contract has been added to restrict developers from modifying the contract at will.
Click here to view the Txn Hash for this contract deployment: 0x902e0eaf5251249b03eb0ad354b7d058dbb8a4ee44407b640babd28d045a0ca2
Timelock address: 0x311aea58ca127b955890647413846e351df32554
Timelock’s admin is a Multisig contact address: 0x8114b3854d1e7b7f5f14896537c321e9062284ce
What is Timelock？
All contracts of WePiggy will allow the Timelock address to modify them. The Timelock contract can modify system parameters, logic, and contracts in a ‘time-delayed, opt-out’ upgrade pattern.
The Timelock has a hard-coded minimum delay of 2 days, which is the least amount of notice possible for a governance action. Each proposed action will be published at a minimum of 2 days in the future from the time of announcement. Major upgrades, such as changing the risk system, may have a 14 day delay.