How Top Security Agencies Strengthen the LBTC Ecosystem
It's well known that security is paramount in the crypto space; without it, everything else is meaningless.
Lombard Finance, in its latest security report, revealed that LBTC's security is built upon a Security Consortium comprised of 15 top global crypto institutions, including Galaxy, OKX Ventures, Wintertermute, Amber Group, Antpool, and F2pool.
■ Four-Layer Defense Model
① Hardware-Level Key Isolation: Through Cubist's CubeSigner hardware security module, all staking and minting keys are encrypted and locked in dedicated hardware.
② BFT Consensus Ledger: Consortium members verify every operation through BFT consensus, meaning any unauthorized minting would require simultaneous breaches of more than 10 top institutions.
③ 24/7 Proactive Monitoring and Circuit Breaker: Real-time threat monitoring using tools like Hexagate is implemented to counter immediate hacking attacks.
④ Auditing and Bounty: All code undergoes rigorous testing by OpenZeppelin, Veridise, and Halborn. The solution involves double auditing and a $250,000 bug bounty program on Immunefi.
Lombard @Lombard_Finance's security solution addresses the core pain points of Bitcoin's entry into the DeFi ecosystem:
➡️ Balancing decentralization and efficiency
➡️ Meeting institutional compliance requirements
➡️ Maximizing transparency
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