Resources
People often ask me "How did you learn how to hack?" The answer: by reading. This page is a collection of the blog posts and other articles that I have accumulated over the years of my journey. Enjoy!
Multi-signature wallets are a mechanism to defend against a single key compromise leading to the stealing of all funds. Additionally, it's common for timelocks to exist to allow for auditing of changes.
However, this creates an issue: what if there's an emergency? We need to be able to act first to make changes sometimes. So, there's a balance to be had here.
Chainlink CCTP has a one day timelock. However, for an instant action, 6 out of 6 signatures can be used. For 24 hours, 4 signatures can be used. Finally, 2 sigs are a complete veto.
Overall, it's interesting. This feels like a good balance of decentralization as well as the ability to act fast in an emergency.